US Market at 10 March 2010


Market at 10 March 2010
DJIA
Open 10560.13 High 10601.79 Low 10526.52 Close 10567.33
NASDAQ
Open 2340.77 High 2361.66 Low 2340.69 Close 2358.95
S&P500
Open 1140.22 High 1148.26 Low 1140.09 Close 1145.61

January Wholesale Inventories released a higher inventories than last release, but still in negative reading.
6 March Crude Inventories released a lower inventories than last release.
February Treasury Budget released a higher deficit than last release.

DJIA moved in trading range between support at 10530 and resistance at 10605 then closed at 10567.33.
NASDAQ moved in trading range between support at 2340 and resistance at 2365 then closed at 2358.95.
S&P500 moved in trading range between support at 1140 and resistance at 1150 then closed at 1145.61.

Market at 11 March 2010
DJIA
Support at 10530, if this support break, DJI will move to 10490.
Resistance at 10605, if this resistance break, DJI will move to 10640.
NASDAQ
Support at 2345, if this support break, NASDAQ will move to 2330.
Resistance at 2365, if this resistance break, NASDAQ will move to 2375.
S&P500
Support at 1140, if this support break, S&P500 will move to 1135.
Resistance at 1150, if this resistance break, S&P500 will move to 1155.

Economic Data Release at 11 March 2010.
  • 27 February Continuing Claims and 6 March Initial Claims will be release at 08.30 ET. Analyst estimate a better release than last release.
  • January Trade Balance will be release at 08.30 ET. Analyst estimate a higher deficit than last release.
  • Q4 Flow of Funds will be release at 10.00 ET.
Earning Report
There are no earning might affect today market movement.

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