Saturday, September 5, 2009

US DOLLAR INDEX (NYBOT:DX)


Chart Range 1 Day 3 Day 5 Day 1 Month 3 Month 6 Month 1 Year Max
Custom Chart
Last trade78.136Change-0.285 (-0.37%)
Settle Time17:20Open78.434
Previous Close77.736High78.699
Low78.0162009-09-04 17:11:33, 30 min delay
52wk High80.37552wk High Date2008-09-11
52wk Low70.69852wk Low Date2008-03-17
Open Time17:45Close Time17:30

The STOCK INDEXES http://quotes.ino.com/exchanges/?c=indexes

The September NASDAQ 100 closed sharply higher on Friday erasing most of this week's decline. The high-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are turning neutral with today's rally signaling that sideways to higher prices are possible near-term. If September renews this summer's rally, the 75% retracement level of the 2008-2009-decline crossing at 1761.87 is the next upside target. Closes below August's low crossing at 1561.25 are needed to confirm that a top has been posted. First resistance is today's high crossing at 1640.50. Second resistance is August's high crossing at 1668.50. First support is Thursday's low crossing at 1584.50. Second support is August's low crossing at 1561.25.

The September S&P 500 index closed higher due to short covering on Friday as it consolidated some of this week's decline. The high-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends this week's decline, August's low crossing at 975.80 is the next downside target. Closes above the 10-day moving average crossing at 1016.07 are needed to confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 1016.07. Second resistance is August's high crossing at 1038.50. First support is Wednesday's low crossing at 991.10. Second support is August's low crossing at 975.80.

The Dow closed higher due to short covering on Friday as it consolidated some of this week's decline. Traders were encouraged by today's unemployment data, which showed the smallest monthly loss of jobs since last year. However, overall unemployment rose to 9.7% up from last month's 9.4 %. This helped to limit today's rally in the Dow. Nevertheless, the high-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. If the Dow extends this week's decline, August's low crossing at 9116 is the next downside target. Closes above the 10-day moving average crossing at 9457 are needed to confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 9457. Second resistance is August's high crossing at 9630. First support is Thursday's low crossing at 9252. Second support is August's low crossing at 9116.

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