US Market At 9 June 2009


Market at 9 June 2009
DJIA
Open 8764.83 High 8803.26 Low 8725.12 Close 8763.06
NASDAQ
Open 1852.11 High 1869.52 Low 1846.26 Close 1860.13
S&P500
Open 940.35 High 946.92 Low 936.15 Close 942.43

April Wholesale Inventories released a better release than last release, but still in negative reading and missed analyst estimation.

DJIA moved in trading range between support at 7740 and resistance at 7850 then closed at 8763.06.
NASDAQ moved in trading range between support at 1840 and resistance at 1860 then closed at 1860.13.
S&P500 moved in trading range between support at 940 and resistance at 950 then closed at 942.43.

Market at 10 June 2009
DJIA
Support at 8725, if this support break, DJI will move to 8685.
Resistance at 8800, if this resistance break, DJI will move to 8840.
NASDAQ
Support at 1845, if this support break, NASDAQ will move to 1835.
Resistance at 1870, if this resistance break, NASDAQ will move to 1880.
S&P500
Support at 935, if this support break, S&P500 will move to 930.
Resistance at 945, if this resistance break, S&P500 will move to 950.

Economic Data Release at 10 June 2009.
  • April Trade Balance will be release at 08.30 ET. Analyst estimate a bigger defisit will be released.
  • 5 June Crude Inventories will be release at 10.30 ET.
  • May Treasury Budget will be release at 14.00 ET. Analyst estimate a higher defisit will be released.
  • Fed's Beige Book will be release at 14.00 ET.
Earning Report
There are no earning might affect today market movement.

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