US Market at 26 August 2009


Market at 26 August 2009
DJIA
Open 9538.61 High 9582.97 Low 9485.78 Close 9543.52
NASDAQ
Open 2022.05 High 2034.31 Low 2013.52 Close 2024.43
S&P500
Open 1027.35 High 1032.47 Low 1021.57 Close 1028.12

July Durable Orders released a higher order than last month release and beat analyst estimation, while July Durables, Ex Transportation released lower than last month release.
July New Home Sales released a higher sales than last month release and better than analyst estimation.
21 August Crude Inventories increases during the week ending August 21 and missed analyst estimation for a drop on inventories. U.S. crude oil inventories are above the upper boundary of the average range for this time of year.

DJIA moved testing support at 9490 and moved up held by resistance at 9555 then closed at 9543.52.
NASDAQ moved testing support at 2015 and moved up held by resistance at 2035 then closed at 2024.43.
S&P500 moved testing support at 1025 and moved up held by resistance at 1035 then closed at 1028.12.

Market at 27 August 2009
DJIA
Support at 9490, if this support break, DJI will move to 9440.
Resistance at 9590, if this resistance break, DJI will move to 9635.
NASDAQ
Support at 2015, if this support break, NASDAQ will move to 2005.
Resistance at 2035, if this resistance break, NASDAQ will move to 2045.
S&P500
Support at 1020, if this support break, S&P500 will move to 1015.
Resistance at 1035, if this resistance break, S&P500 will move to 1040.

Economic Data Release at 27 August 2009.
  • 22 August Initial Claims will be release at 08.30 ET. Analyst estimate a higher claim than last release.
  • Q2 GDP - Prelim will be release at 08.30 ET. Analyst estimate a lower release than last release and still in negative reading.
  • Q2 GDP Deflator and Q2 Core PCE will be release at 08.30 ET. Analyst estimate that release will hold at steady level as last release.
Earning Report
27 August before market open, TOL will release their earning report. Analyst estimate their earning release is lower than last year release.

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