US Market At 28 July 2009


Market at 28 July 2009
DJIA
Open 9106.92 High 9124.91 Low 9007.47 Close 9096.72
NASDAQ
Open 1957.83 High 1978.43 Low 1947.89 Close 1975.51
S&P500
Open 981.48 High 982.35 Low 969.35 Close 979.62

May S&P/Case-Shiller Home Price Index released a better release than last release, but still in negative reading.
July Consumer Confidence released lower than last release and missed analyst estimation.

28 July before market open, X released their earning report. They released their earning better than analyst estimation but lower than last year release.

DJIA moved in trading range between support at 9000 and resistance at 9145 then closed at 9096.72.
NASDAQ moved in trading range between support at 1950 and resistance at 1975 then closed at 1975.51.
S&P500 moved in trading range between support at 970 and resistance at 985 then closed at 979.62.

Market at 29 July 2009
DJIA
Support at 9025, if this support break, DJI will move to 8960.
Resistance at 9145, if this resistance break, DJI will move to 9195.
NASDAQ
Support at 1955, if this support break, NASDAQ will move to 1935.
Resistance at 1985, if this resistance break, NASDAQ will move to 1995.
S&P500
Support at 970, if this support break, S&P500 will move to 965.
Resistance at 985, if this resistance break, S&P500 will move to 990.

Economic Data Release at 29 July 2009.
  • June Durable Orders and June Durables, Ex Transportation will be release at 08.30 ET. Analyst estimate a lower order than last release and might back to negative reading.
  • 24 July Crude Inventories will be release at 10.30 ET.
  • Fed's Beige Book will be release at 14.00 ET.
Earning Report
29 July before market open, COP, GD and HES will release their earning report. Analyst estimate their earning release is lower than last year release.

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