US Stock Analysis

Our ultimate goal is to deliver superior returns for our clients

Crude Oil
Previous Day Range High: 72.99 Low: 71.53 Close: 72.63
Technical Chart Resistance
R-2: 73.84
R-1: 73.24
Support
S-1: 71.78
S-2: 70.92

Forecast
High: 73.24
Low: 71.78

Oil prices fell on Thursday, giving up early gains, as the US dollar rose against most of its peers. The Energy Information Administration reported yesterday that the US crude inventories fell 6.4 million barrels to 417.4 million barrels last week, while analysts forecast a drop by 3.6 million barrels. Oil prices were recently lifted by fears of supply disruption in the US after Hurricane Ida swept Gulf of Mexico region. WTI crude October futures fell 0.4% to $72.3 a barrel.
NDI
Previous Day Range High: 15542.00 Low: 15369.50

Close: 15503.75

Technical Chart Resistance
R-2: 15644.25
R-1: 15574.00

Support
S-1: 15401.50
S-2: 15299.25

Forecast
High: 15574.00
Low: 15401.50

Nasdaq rose 0.1% or 20 points to 15,181 points, with a high of 15,205 and a low of 15,047.
DJI
Previous Day Range High: 34942 Low: 34537 Close: 34737
Technical Chart Resistance
R-2: 35144
R-1: 34940
Support
S-1: 34535                                            S-2: 34334
Forecast
High: 34940
Low: 34535
Dow Jones fell 0.1% or 63 points, and closed at 34,751, and hit a day high of 34,943, and a low of 34,540.
SPI
Previous Day Range High: 4487.50 Low: 4443.00 Close: 4471.50
Technical Chart Resistance
R-2: .4511.83
 R-1:  4491.67
Support
S-1: 4447.17                                        S-2: 4422.83
Forecast
High: 4491.67                                 Low: 4447.17
S&P 500 fell 0.1% or 7 points to 4,473, after hitting a high of 4,485 and a low of 4,443.
Gold
Previous Day Range High: 1796.20

Low: 1745.10

Close: 1753.30
Technical Chart Resistance
 R-2: 1815.97                                       R-1: 1784.63
Support
S-1: 1733.53
S-2: 1713.77
Forecast
High: 1784.63                                  Low: 1733.53
Gold prices fell on Thursday, as the US dollar rose against most currencies, lifted by upbeat US economic data. Gold spot prices fell 2.2% to $1,755.8 an ounce, after hitting a high of $1,797.3 and a low of $1,745.5.