US Market At 9 July 2009


Market at 9 July 2009
DJIA
Open 8179.01 High 8228.67 Low 8145.31 Close 8183.17
NASDAQ
Open 1758.51 High 1763.63 Low 1747.44 Close 1752.55
S&P500
Open 881.28 High 887.86 Low 878.45 Close 882.68

4 July Initial Claims released a lower claims than last release and beated analyst estimation.
May Wholesale Inventories released a better Inventories than last release and beated analyst estimation, but still in negative reading.

DJIA moved in trading range between support at 8105 and resistance at 8235 then closed at 8183.17.
NASDAQ moved in trading range between support at 1745 and resistance at 1760 then closed at 1752.55.
S&P500 moved in trading range between support at 870 and resistance at 885 then closed at 882.68.

Market at 10 July 2009
DJIA
Support at 8140, if this support break, DJI will move to 8100.
Resistance at 8225, if this resistance break, DJI will move to 8270.
NASDAQ
Support at 1745, if this support break, NASDAQ will move to 1740.
Resistance at 1760, if this resistance break, NASDAQ will move to 1770.
S&P500
Support at 880, if this support break, S&P500 will move to 875.
Resistance at 885, if this resistance break, S&P500 will move to 890.

Economic Data Release at 10 July 2009.
  • June Export Prices ex-ag. and June Import Prices ex-oil will be release at 08.30 ET.
  • May Trade Balance will be release at 08.30 ET. Analyst estimate a higher deficit than last release.
  • July Mich Sentiment-Prel will be release at 09.55 ET. Analyst estimate that release will hold at steady level as last release.
Earning Report
10 July before market open, CREL will release their earning report. Analyst estimate their earning release is lower than last year release.

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