US Market at 23 September 2009


Market at 23 September 2009
DJIA
Open 9830.63 High 9917.99 Low 9740.84 Close 9748.55
NASDAQ
Open 2153.09 High 2167.70 Low 2130.34 Close 2131.42
S&P500
Open 1072.69 High 1080.15 Low 1060.39 Close 1060.87

18 September Crude Inventories released a higher inventories than last month release and beated analyst estimation.
September FOMC Rate Decision decide to hold rate steady at 0-0.25%.

23 September before market open, AZO and GIS released their earning report. GIS released their earning higher than last year earning and better than analyst estimation, while AZO released their earning higher than last year earning but missed analyst estimation.

DJIA moved testing resistance at 9885 and moved down held by support at 9745 then closed at 9748.55.
NASDAQ moved testing resistance at 2160 and moved down held by support at 2130 then closed at 2131.42.
S&P500 moved testing resistance at 1080 and moved down held by support at 1060 then closed at 1060.87.

Market at 24 September 2009
DJIA
Support at 9685, if this support break, DJI will move to 9625.
Resistance at 9865, if this resistance break, DJI will move to 9980.
NASDAQ
Support at 2120, if this support break, NASDAQ will move to 2105.
Resistance at 2155, if this resistance break, NASDAQ will move to 2180.
S&P500
Support at 1055, if this support break, S&P500 will move to 1045.
Resistance at 1075, if this resistance break, S&P500 will move to 1085.

Economic Data Release at 24 September 2009.
  • 19 September Initial Claims and 12 September Continuing Claims will be release at 08.30 ET. Analyst estimate a higher initial claims than last release, while continuing claims will release lower than last month release.
  • August Existing Home Sales will be release at 10.00 ET. Analyst estimate a better release than last release.
Earning Report
23 September after market closed, BBBY and PAYX released their earning report. PAYX released a lower earning than last year release but meet analyst estimation while BBBY released their earning higher than last year earning and better than analyst estimation.
There are no earning might affect today market movement.

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