US Market at 1 September 2009


Market at 1 September 2009
DJIA
Open 9492.32 High 9557.95 Low 9292.08 Close 9310.60
NASDAQ
Open 1999.66 High 2034.78 Low 1965.48 Close 1968.89
S&P500
Open 1019.52 High 1028.45 Low 996.28 Close 998.04

August ISM Index released a better release than last release.
July Construction Spending released a lower spending than last release and back to negative reading.
August Auto Sales and August Truck Sales released a higher sales than last month release.

DJIA moved testing resistance at 9545 and moved down passed support at 9385 then closed at 9310.60.
NASDAQ moved testing resistance at 2020 and moved down passed support at 1990 then closed at 1968.89.
S&P500 moved testing resistance at 1030 and moved down passed support at 1010 then closed at 998.04.

Market at 2 September 2009
DJIA
Support at 9215, if this support break, DJI will move to 9120.
Resistance at 9480, if this resistance break, DJI will move to 9650.
NASDAQ
Support at 1945, if this support break, NASDAQ will move to 1920.
Resistance at 2015, if this resistance break, NASDAQ will move to 2060.
S&P500
Support at 985, if this support break, S&P500 will move to 975.
Resistance at 1020, if this resistance break, S&P500 will move to 1040.

Economic Data Release at 2 September 2009.
  • ADP Employment Change will be release at 08.15 ET. Analyst estimate a better release than last release, but still in negative reading.
  • Q2 Productivity-Rev. will be release at 08.30 ET. Analyst estimate that release will hold at steady level as last release.
  • July Factory Orders will be release at 10.00 ET. Analyst estimate a better release than last release.
  • 28 August Crude Inventories will be release at 10.30 ET.
  • 12 August FOMC Minutes will be release at 14.00 ET.
Earning Report
2 September before market open, JOYG will release their earning report. Analyst estimate their earning release is lower than last year release.

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