US Market at 1 February 2009

Market at 1 February 2010
DJIA
Open 10068.99 High 10190.89 Low 10068.91 Close 10185.53
NASDAQ
Open 2158.26 High 2171.20 Low 2152.26 Close 2171.20
S&P500
Open 1073.89 High 1089.38 Low 1073.89 Close 1089.19
December Personal Income and December Personal Spending released a lower release than last release.
December Construction Spending released at steady level as last release, while January ISM Index released a better release than last release.
1 February 2010 before market open, XOM released their earning report. They released their earning better than analyst estimation but lower than last year release.
DJIA moved testing support at 9995 and moved up held by resistance at 10190 then closed at 10185.53.
NASDAQ moved testing support at 2125 and moved up held by resistance at 2185 then closed at 2171.20.
S&P500 moved testing support at 1065 and moved up held by resistance at 1090 then closed at 1089.19.
Market at 2 February 2010
DJIA
Support at 10105, if this support break, DJI will move to 10025.
Resistance at 10225, if this resistance break, DJI will move to 10270.
NASDAQ
Support at 2160, if this support break, NASDAQ will move to 2145.
Resistance at 2175, if this resistance break, NASDAQ will move to 2185.
S&P500
Support at 1080, if this support break, S&P500 will move to 1070.
Resistance at 1095, if this resistance break, S&P500 will move to 1100.
Economic Data Release at 2 February 2010.
- December Pending Home Sales will be release at 10.00 ET. Analyst estimate a better release than last release, but still in negative reading.
- January Auto Sales and January Truck Sales will be release at 14.00 ET.
2 February 2010 before market open, DOW, KFT and UPS will release their earning report.
Analyst estimate that UPS might release their earning lower than last year release, while DOW and KFT might release their earning release is higher than last year release.
Comments