US Market At 23 June 2009


Market at 23 June 2009
DJIA
Open 8340.44 High 8370.90 Low 8286.41 Close 8322.91
NASDAQ
Open 1772.47 High 1777.58 Low 1753.78 Close 1764.92
S&P500
Open 893.46 High 898.69 Low 888.86 Close 895.10

May Existing Home Sales released a higher sales release than last release, but missed analyst estimation.

DJIA moved in trading range between resistance at 8370 and support at 8270 then closed at 8322.91.
NASDAQ moved in trading range between resistance at 1775 and support at 1750 then closed at 1764.92.
S&P500 moved in trading range between resistance at 900 and support at 885 then closed at 895.10.

Market at 24 June 2009
DJIA
Support at 8280, if this support break, DJI will move to 8240.
Resistance at 8370, if this resistance break, DJI will move to 8410.
NASDAQ
Support at 1755, if this support break, NASDAQ will move to 1740.
Resistance at 1775, if this resistance break, NASDAQ will move to 1790.
S&P500
Support at 890, if this support break, S&P500 will move to 885.
Resistance at 900, if this resistance break, S&P500 will move to 905.

Economic Data Release at 24 June 2009.
  • May Durable Orders and May Durable Orders, Ex-Transportation will be release at 08.30 ET. Analyst estimate a lower order than last release and back to negative reading.
  • May New Home Sales will be release at 10.00 ET. Analyst estimate a better release than last release.
  • 19 June Crude Inventories will be release at 10.30 ET.
  • 24 June FOMC Rate Decision will be release at 14.15 ET.
Earning Report
23 June after market closed, ORCL released their earning report. They released their earning better than analyst estimation but lower than last year release.
24 June before market open, MON will release their earning report.Analyst estimate their earning release is lower than last year release.

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