US Market at 7 April 2010


Market at 7 April 2010
DJIA
Open 10961.95 High 10962.66 Low 10845.45 Close 10897.52
NASDAQ
Open 2432.10 High 2442.27 Low 2418.73 Close 2431.16
S&P500
Open 1188.23 High 1189.60 Low 1177.25 Close 1182.45

3 April Crude Inventories released a lower inventories than last release.
February Consumer Credit released a lower credit than last release.

7 April 2010 before market open, FDO and MON released their earning report.
MON released a lower earning than last year release and missed analyst estimation, while FDO released their earning higher than last year earning and better than analyst estimation.

DJIA moved testing resistance at 10960 and moved down held by support at 10900 then closed at 10897.52.
NASDAQ moved testing resistance at 2445 and moved down held by support at 2420 then closed at 2431.16.
S&P500 moved testing resistance at 1190 and moved down held by support at 1180 then closed at 1182.45.

Market at 8 April 2010
DJIA
Support at 10840, if this support break, DJI will move to 10785.
Resistance at 10960, if this resistance break, DJI will move to 11020.
NASDAQ
Support at 2420, if this support break, NASDAQ will move to 2405.
Resistance at 2440, if this resistance break, NASDAQ will move to 2455.
S&P500
Support at 1175, if this support break, S&P500 will move to 1170.
Resistance at 1190, if this resistance break, S&P500 will move to 1195.

Economic Data Release at 8 April 2010.
  • 27 March Continuing Claims and 3 April Initial Claims will be release at 08.30 ET. Analyst estimate a better release than last release.
Earning Report
There are no earning might affect today market movement.

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