US Market at 16 March 2010


Market at 16 March 2010
DJIA
Open 10642.53 High 10693.99 Low 10621.90 Close 10685.98
NASDAQ
Open 2367.50 High 2378.84 Low 2360.67 Close 2378.01
S&P500
Open 1150.83 High 1160.28 Low 1150.35 Close 1159.46

February Housing Starts and February Building Permits released a lower release than last release.
February Import Prices ex-oil and February Export Prices ex-ag. released a lower release than last release.
16 March FOMC Rate Decision released that federal funds rate unchanged at a range of 0.00% to 0.25% and the Fed said that it continues to expect an exceptionally low level for an extended period.

DJIA moved testing support at 10620 and moved up held by resistance at 10690 then closed at 10685.98.
NASDAQ moved testing support at 2360 and moved up held by resistance at 2380 then closed at 2378.01.
S&P500 moved testing support at 1150 and moved up held by resistance at 1160 then closed at 1159.46.

Market at 17 March 2010
DJIA
Support at 10640, if this support break, DJI will move to 10595.
Resistance at 10710, if this resistance break, DJI will move to 10740.
NASDAQ
Support at 2365, if this support break, NASDAQ will move to 2355.
Resistance at 2385, if this resistance break, NASDAQ will move to 2390.
S&P500
Support at 1155, if this support break, S&P500 will move to 1145.
Resistance at 1165, if this resistance break, S&P500 will move to 1170.

Economic Data Release at 17 March 2010.
  • February Core PPI and February PPI will be release at 08.30 ET. Analyst estimate a lower release than last release.
  • 13 March Crude Inventories will be release at 10.30 ET.
Earning Report
There are no earning might affect today market movement.

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