US Market At 8 July 2009


Market at 8 July 2009
DJIA
Open 8157.02 High 8219.52 Low 8087.19 Close 8178.41
NASDAQ
Open 1755.72 High 1757.67 Low 1727.05 Close 1747.17
S&P500
Open 881.90 High 886.80 Low 869.32 Close 879.56

3 July Crude Inventories reported a decline on inventories but release showed a smaller-than-expected drop.
May Consumer Credit released a higher credit than last release and beated analyst estimation, but still in negative reading.

DJIA moved testing support at 8100 and moved up held by resistance at 8215 then closed at 8178.41.
NASDAQ moved testing support at 1730 and moved up held by resistance at 1760 then closed at 1747.17.
S&P500 moved testing support at 865 and moved up held by resistance at 885 then closed at 879.56.

Market at 9 July 2009
DJIA
Support at 8105, if this support break, DJI will move to 8030.
Resistance at 8235, if this resistance break, DJI will move to 8295.
NASDAQ
Support at 1730, if this support break, NASDAQ will move to 1715.
Resistance at 1760, if this resistance break, NASDAQ will move to 1775.
S&P500
Support at 870, if this support break, S&P500 will move to 860.
Resistance at 885, if this resistance break, S&P500 will move to 895.

Economic Data Release at 9 July 2009.
  • 4 July Initial Claims will be release at 08.30 ET. Analyst estimate a better release than last release.
  • May Wholesale Inventories will be release at 10.00 ET. Analyst estimate a better Inventories than last release, but still in negative reading.
Earning Report
8 July after market closed, AA released their earning report. They released their earning better than analyst estimation but lower than last year release.

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