US Market At 12 May 2009


Market at 12 May 2009
DJIA
Open 8419.17 High 8517.46 Low 8365.65 Close 8469.11
NASDAQ
Open 1742.28 High 1743.52 Low 1695.87 Close 1715.92
S&P500
Open 910.52 High 915.57 Low 896.46 Close 908.35

March Trade Balance released a higher deficit than last release, but better than analyst estimate, while April Treasury Budget started to release a deficit on budget.

DJIA moved testing support at 8360 and moved up held by resistance at 8520 then closed at 8469.11.
NASDAQ moved testing support at 1710 and moved up held by resistance at 1750 then closed at 1715.92.
S&P500 moved testing support at 900 and moved up held by resistance at 920 then closed at 908.35.

Market at 13 May 2009
DJIA
Support at 8385, if this support break, DJI will move to 8300.
Resistance at 8535, if this resistance break, DJI will move to 8600.
NASDAQ
Support at 1695, if this support break, NASDAQ will move to 1670.
Resistance at 1740, if this resistance break, NASDAQ will move to 1765.
S&P500
Support at 900, if this support break, S&P500 will move to 885.
Resistance at 915, if this resistance break, S&P500 will move to 925.

Economic Data Release at 13 May 2009.
  • April Export Prices ex-ag. and April Import Prices ex-oil will be release at 08.30 ET.
  • April Retail Sales and April Retail Sales ex-auto will be release at 08.30 ET. Analyst estimate a better sales than last release.
  • March Business Inventories will be release at 10.00 ET. Analyst estimate a higher release than last release.
  • 8 May Crude Inventories will be release at 10.30 ET.
Earning Report
There are no earning might affect today market movement.

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