US Market At 1 July 2009


Market at 1 July 2009
DJIA
Open 8447.53 High 8580.47 Low 8447.53 Close 8504.06
NASDAQ
Open 1848.03 High 1861.62 Low 1843.79 Close 1845.72
S&P500
Open 920.82 High 931.92 Low 920.82 Close 923.33

June ADP Employment Change released higher than last release, but missed analyst estimation.
June ISM Index released a higher release than last release, while May Construction Spending and May Pending Home Sales released a lower release than last release.
26 June Crude Inventories released a data that inventories fall more than analyst estimation.
June Auto Sales and June Truck Sales released a lower sales than last month release but release showed signs of stabilizing after 10 months of sharp declines.

DJIA moved testing resistance at 8540 and moved down held by support at 8450 then closed at 8504.06.
NASDAQ moved testing resistance at 1865 and moved down held by support at 1845 then closed at 1845.72.
S&P500 moved testing resistance at 930 and moved down held by support at 920 then closed at 923.33.

Market at 2 July 2009
DJIA
Support at 8440, if this support break, DJI will move to 8375.
Resistance at 8575, if this resistance break, DJI will move to 8645.
NASDAQ
Support at 1840, if this support break, NASDAQ will move to 1830.
Resistance at 1855, if this resistance break, NASDAQ will move to 1870.
S&P500
Support at 920, if this support break, S&P500 will move to 915.
Resistance at 930, if this resistance break, S&P500 will move to 935.

Economic Data Release at 2 July 2009.
  • June Nonfarm Payrolls will be release at 08.30 ET. Analyst estimate a lower payrolls than last release, and still in negative reading.
  • June Unemployment Rate will be release at 08.30 ET. Analyst estimate a higher rate than last release.
  • June Hourly Earnings and June Average Workweek will be release at 08.30 ET. Analyst estimate that data release will hold at steady level as last release.
  • 27 June Initial Claims will be release at 08.30 ET. Analyst estimate a lower claims than last release.
  • May Factory Orders will be release at 10.00 ET. Analyst estimate a better release than last release.
Earning Report
There are no earning might affect today market movement.

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