US Market at 2 March 2010

Market at 2 March 2010
DJIA
Open 10404.16 High 10456.92 Low 10389.43 Close 10405.98
NASDAQ
Open 2279.01 High 2292.49 Low 2275.35 Close 2280.79
S&P500
Open 1117.01 High 1123.46 Low 1116.51 Close 1118.31
February Auto Sales and February Truck Sales released a higher sales than last release.
2 March 2010 before market open, AZO released their earning report. They released their earning higher than last year earning and better than analyst estimation.
DJIA moved testing resistance at 10470 and moved down held by support at 10380 then closed at 10405.98.
NASDAQ moved testing resistance at 2290 and moved down held by support at 2265 then closed at 2280.79.
S&P500 moved testing resistance at 1125 and moved down held by support at 1110 then closed at 1118.31.
Market at 3 March 2010
DJIA
Support at 10375, if this support break, DJI will move to 10350.
Resistance at 10445, if this resistance break, DJI will move to 10485.
NASDAQ
Support at 2275, if this support break, NASDAQ will move to 2265.
Resistance at 2290, if this resistance break, NASDAQ will move to 2300.
S&P500
Support at 1115, if this support break, S&P500 will move to 1110.
Resistance at 1120, if this resistance break, S&P500 will move to 1125.
Economic Data Release at 3 March 2010.
- February Challenger Job Cuts YoY will be release at 07.30 ET.
- February ADP Employment Change will be release at 08.15 ET. Analyst estimate a better release than last release, but still in negative reading.
- February ISM Services will be release at 10.00 ET. Analyst estimate a better release than last release.
- 26 February Crude Inventories will be release at 10.30 ET.
- March Fed's Beige Book will be release at 14.00 ET.
3 March 2010 before market open, BJ, COST and JOYG will release their earning report.
Analyst estimate that JOYG might release their earning lower than last year release, while other might release their earning higher.
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