US Market at 13 January 2010


Market at 13 January 2010
DJIA
Open 10628.09 High 10709.26 Low 10614.49 Close 10680.77
NASDAQ
Open 2290.49 High 2313.03 Low 2274.12 Close 2307.90
S&P500
Open 1137.31 High 1148.40 Low 1133.18 Close 1145.68

8 January Crude Inventories released a higher inventories than last month release.
December Treasury Budget released a lower deficit than last release.
Fed's Beige Book released that economic modest recovery during the last months of 2009 with an uptick in home sales and improvements in the manufacturing sector but the weak labor market continues to be a drag on the economic rebound.Consumer spending slightly greater during the 2009 holiday season. Auto sales were flat or slightly up in many regions. The commercial real estate remain soft but residential home sales were up. Manufacturing activity improved.

DJIA moved testing support at 10620 and moved up held by resistance at 10715 then closed at 10680.77.
NASDAQ moved testing support at 2270 and moved up held by resistance at 2310 then closed at 2307.90.
S&P500 moved testing support at 1135 and moved up held by resistance at 1150 then closed at 1145.68.

Market at 14 January 2010
DJIA
Support at 10625, if this support break, DJI will move to 10575.
Resistance at 10720, if this resistance break, DJI will move to 10760.
NASDAQ
Support at 2285, if this support break, NASDAQ will move to 2260.
Resistance at 2325, if this resistance break, NASDAQ will move to 2335.
S&P500
Support at 1135, if this support break, S&P500 will move to 1125.
Resistance at 1150, if this resistance break, S&P500 will move to 1155.

Economic Data Release at 14 January 2010.
  • 2 January Continuing Claims and 9 January Initial Claims will be release at 08.30 ET. Analyst estimate a better release than last release.
  • December Retail Sales and December Retail Sales ex-auto will be release at 08.30 ET. Analyst estimate a lower release than last release.
  • December Export Prices ex-ag. and December Import Prices ex-oil will be release at 08.30 ET.
  • November Business Inventories will be release at 10.00 ET. Analyst estimate a better release than last release.
Earning Report
There are no earning might affect today market movement.

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