US Market At 13 July 2009


Market at 13 July 2009
DJIA
Open 8146.82 High 8331.68 Low 8130.42 Close 8331.68
NASDAQ
Open 1760.73 High 1793.21 Low 1736.95 Close 1793.21
S&P500
Open 879.57 High 901.05 Low 875.32 Close 901.05

June Treasury Budget released a lower budget than last release and entering a deficit budget.

DJIA moved testing support at 8145 and moved up passed resistance at 8230 then closed at 8331.68.
NASDAQ moved testing support at 1730 and moved up passed resistance at 1770 then closed at 1793.21.
S&P500 moved testing support at 875 and moved up passed resistance at 890 then closed at 901.05.

Market at 14 July 2009
DJIA
Support at 8200, if this support break, DJI will move to 8065.
Resistance at 8400, if this resistance break, DJI will move to 8465.
NASDAQ
Support at 1755, if this support break, NASDAQ will move to 1720.
Resistance at 1810, if this resistance break, NASDAQ will move to 1830.
S&P500
Support at 885, if this support break, S&P500 will move to 865.
Resistance at 910, if this resistance break, S&P500 will move to 920.

Economic Data Release at 14 July 2009.
  • June Core PPI and June PPI will be release at 08.30 ET. Analyst estimate a better release than last release.
  • June Retail Sales and June Retail Sales ex-auto will be release at 08.30 ET. Analyst estimate that release will hold at steady level as last release.
  • May Business Inventories will be release at 10.00 ET. Analyst estimate a higher inventories than last release, but still in negative reading.
Earning Report
14 July before market open, GS and JNJ will release their earning report. Analyst estimate their earning release is lower than last year release.

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