US Market at 12 January 2010


Market at 12 January 2010
DJIA
Open 10662.86 High 10663.08 Low 10568.84 Close 10627.26
NASDAQ
Open 2299.59 High 2298.85 Low 2272.70 Close 2282.31
S&P500
Open 1143.81 High 1143.81 Low 1131.77 Close 1136.22

November Trade Balance released a higher deficit than last release.

12 January 2010 before market open, KBH released their earning report. They released their earning better than analyst estimation but lower than last year release.

DJIA moved testing resistance at 10695 and moved down held by support at 10560 then closed at 10627.26.
NASDAQ moved testing resistance at 2300 and moved down passed support at 2290 then closed at 2282.31.
S&P500 moved testing resistance at 1180 and moved down held by support at 1115 then closed at 1136.22.

Market at 13 January 2010
DJIA
Support at 10575, if this support break, DJI will move to 10525.
Resistance at 10670, if this resistance break, DJI will move to 10715.
NASDAQ
Support at 2270, if this support break, NASDAQ will move to 2260.
Resistance at 2295, if this resistance break, NASDAQ will move to 2310.
S&P500
Support at 1130, if this support break, S&P500 will move to 1125.
Resistance at 1145, if this resistance break, S&P500 will move to 1150.

Economic Data Release at 13 January 2010.
  • 8 January Crude Inventories will be release at 10.00 ET.
  • December Treasury Budget will be release at 14.00 ET. Analyst estimate a better release than last release, but still in negative reading.
  • Fed's Beige Book will be release at 14.00 ET.
Earning Report
There are no earning might affect today market movement.

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