US Market At 11 June 2009


Market at 11 June 2009
DJIA
Open 8736.23 High 8877.93 Low 8736.23 Close 8770.92
NASDAQ
Open 1853.40 High 1879.92 Low 1854.75 Close 1862.37
S&P500
Open 939.04 High 956.23 Low 939.04 Close 944.89

May Retail Sales and May Retail Sales ex-auto released a higher sales than last release and better than analyst estimation. While 6 June Initial Claims released a lower claims than last release.
April Business Inventories also released a better release than last release, but still in negative reading.

DJIA moved testing resistance at 8835 and moved down held by support at 8740 then closed at 8770.92.
NASDAQ moved testing resistance at 1875 and moved down held by support at 1850 then closed at 1862.37.
S&P500 moved testing resistance at 940 and moved down held by support at 950 then closed at 944.89.

Market at 12 June 2009
DJIA
Support at 8710, if this support break, DJI will move to 8655.
Resistance at 8850, if this resistance break, DJI will move to 8935.
NASDAQ
Support at 1850, if this support break, NASDAQ will move to 1840.
Resistance at 1875, if this resistance break, NASDAQ will move to 1890.
S&P500
Support at 935, if this support break, S&P500 will move to 930.
Resistance at 955, if this resistance break, S&P500 will move to 965.

Economic Data Release at 12 June 2009.
  • May Export Prices ex-ag. and May Import Prices ex-oil will be release at 08.30 ET.
  • June Mich Sentiment-Prel will be release at 09.55 ET.
Earning Report
There are no earning might affect today market movement.

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