US Market at 2 November 2009


Market at 2 November 2009
DJIA
Open 9712.13 High 9858.59 Low 9678.95 Close 9789.44
NASDAQ
Open 2048.37 High 2069.49 Low 2024.27 Close 2049.20
S&P500
Open 1036.18 High 1052.18 Low 1029.38 Close 1042.88

September Construction Spending released a higher release than last release.
September Pending Home Sales released a lower release than last release but better than analyst estimation.
October ISM Index released a better release than last release.

2 November before market open, F, HUM and VRX released their earning report. They released their earning higher than last year earning and better than analyst estimation.

DJIA moved testing resistance at 9890 and moved down held by support at 9610 then closed at 9789.44.
NASDAQ moved testing resistance at 2080 and moved down held by support at 2025 then closed at 2049.20.
S&P500 moved testing resistance at 1055 and moved down held by support at 1025 then closed at 1042.88.

Market at 3 November 2009
DJIA
Support at 9690, if this support break, DJI will move to 9595.
Resistance at 9870, if this resistance break, DJI will move to 9955.
NASDAQ
Support at 2025, if this support break, NASDAQ will move to 2000.
Resistance at 2070, if this resistance break, NASDAQ will move to 2090.
S&P500
Support at 1030, if this support break, S&P500 will move to 1020.
Resistance at 1055, if this resistance break, S&P500 will move to 1065.

Economic Data Release at 3 November 2009.
  • September Factory Orders will be release at 10.00 ET. Analyst estimate a better release than last release.
  • October Auto Sales and October Truck Sales will be release at 10.00 ET.
Earning Report
3 November before market open, ANR, MLM, MA and TEVA will release their earning report.
Analyst estimate ANR and MLM might release their earning lower than last year release, while MA and TEVA may release higher than last year release.

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