US Market at 16 September 2009


Market at 16 September 2009
DJIA
Open 9683.71 High 9799.72 Low 9679.18 Close 9791.71
NASDAQ
Open 2111.76 High 2133.15 Low 2102.86 Close 2133.15
S&P500
Open 1053.99 High 1068.76 Low 1052.87 Close 1068.76

August Core CPI released at steady level as last month release while August CPI released higher than last month release.
Q2 Current Account released a lower deficit than last release and beated analyst estimation.
July Net Long-term TIC Flows released a lower release than last release.
August Capacity Utilization and August Industrial Production released a better release than last release.
11 September Crude Inventories released a higher decline on inventories.

DJIA moved testing support at 9660 and moved up passed resistance at 9790 then closed at 9791.71.
NASDAQ moved testing support at 2100 and moved up passed resistance at 2120 then closed at 2133.15.
S&P500 moved testing support at 1050 and moved up passed resistance at 1065 then closed at 1068.76.

Market at 17 September 2009
DJIA
Support at 9715, if this support break, DJI will move to 9635.
Resistance at 9835, if this resistance break, DJI will move to 9875.
NASDAQ
Support at 2110, if this support break, NASDAQ will move to 2090.
Resistance at 2145, if this resistance break, NASDAQ will move to 2155.
S&P500
Support at 1060, if this support break, S&P500 will move to 1045.
Resistance at 1075, if this resistance break, S&P500 will move to 1080.

Economic Data Release at 17 September 2009.
  • August Building Permits and August Housing Starts will be release at 08.30 ET. Analyst estimate a better release than last release.
  • 12 September Initial Claims and 5 September Continuing Claims will be release at 08.30 ET. Analyst estimate a higher claims than last release.
  • September Philadelphia Fed will be release at 10.00 ET. Analyst estimate a better release than last release.
Earning Report
16 September after market closed, ORCL released their earning report. They released their earning higher than last year earning and meet analyst estimation.
17 September before market open, FDX will release their earning report. Analyst estimate their earning release is lower than last year release.

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