US Market at 10 September 2009


Market at 10 September 2009
DJIA
Open 9546.54 High 9633.00 Low 9508.22 Close 9627.48
NASDAQ
Open 2062.07 High 2084.02 Low 2055.49 Close 2084.02
S&P500
Open 1032.99 High 1044.14 Low 1028.04 Close 1044.14

5 September Initial Claims and 29 September Continuing Claims released a lower claims than last release and beated analyst estimation.
July Trade Balance release a higher deficit than last release.
4 September Crude Inventories released a lower inventories than last release and decreased more that estimate.

DJIA moved testing support at 9490 and moved up held by resistance at 9635 then closed at 9627.48.
NASDAQ moved testing support at 2055 and moved up held by resistance at 2085 then closed at 2084.02.
S&P500 moved testing support at 1030 and moved up held by resistance at 1045 then closed at 1044.14.

Market at 11 September 2009
DJIA
Support at 9545, if this support break, DJI will move to 9465.
Resistance at 9670, if this resistance break, DJI will move to 9715.
NASDAQ
Support at 2065, if this support break, NASDAQ will move to 2045.
Resistance at 2095, if this resistance break, NASDAQ will move to 2105.
S&P500
Support at 1035, if this support break, S&P500 will move to 1020.
Resistance at 1050, if this resistance break, S&P500 will move to 1055.

Economic Data Release at 11 September 2009.
  • August Export Prices ex-ag. and August Import Prices ex-oil will be release at 08.30 ET.
  • September Mich Sentiment-Prel will be release at 09.55 ET. Analyst estimate a better release than last release.
  • July Wholesale Inventories will be release at 10.00 ET. Analyst estimate a better release than last release, but still in negative reading.
  • August Treasury Budget will be release at 14.00 ET. Analyst estimate a higher deficit than last release.
Earning Report
There are no earning might affect today market movement.

Comments

Popular posts from this blog

US Market at 2 Desember 2009

Citigroup Q1 better than estimate, oil getting higher

US Market at 24 March 2010