Index Support and Resistance for Monday, 11/23/2015

 

 

Amazing, Friday’s close brought the DJIA to a plus 0.74 points year to date or +0.00 percent.  The DJIA is 0.18 above its Pivot Point for Monday.

I.  Performance of the Indexes from Friday, 11/20/2015

  • Dow Jones   17,823.81  +91.06  (0.51%)
  • S&P 500      2,089.17  +7.93  (0.38%)
  • Nasdaq       5,104.92  +31.28  (0.62%)
  • Rus 1k (RUI) 1,158.19  +4.17 (0.36%)
  • Rus 2k (RUT) 1,175.15  +8.42 (0.72%)
  • Rus 3k (RUA) 1235.18  +4.79 (0.39%)
  • CBOE (TNX)     22.62  +0.14 (0.62%)
  • Volatility (VIX)  15.47  -1.52 (-8.95%)

I. a. Select stocks of interest, from Friday, 11/20/2015

  • C    54.72  -0.34 (-0.62%)   After Hours: 54.70 -0.02 (-0.04%)
  • CHK   5.07  -0.33 (-6.02%)   After Hours: 5.11 +0.04 (0.69%)
  • GE   30.68  +0.41 (1.35%)
  • MU    15.43  -0.44 (-2.77%)

I. b. Sector summary from Friday, 11/20/2015

  • Sector Change +/-% (best (or least worst) to worst)
  • Cyclical Cons. Goods ……………. +0.86%
  • Technology ……………………….. +0.74%
  • Industrials ………………………… +0.57%
  • Healthcare ………………………… +0.44%
  • Utilities …………………………….. +0.25%
  • Financials ………………………….. +0.06%
  • Telecommunications Srvcs ……. +0.01%
  • Non-Cyclical Cons. Goods ……… -0.31%
  • Basic Materials ……………………. -0.49%
  • Energy ………………………………. -0.91%

II. Bonds, and/or Currencies, and/or Commodities from Friday, 11/20/2015

  •  USA   Bonds
  • 3 Month  0.09%  0.00 (0.00%)
  • 6 Month  0.25%  -0.01 (-3.85%)
  • 2 Year  0.91%  +0.04 (4.60%)
  • 5 Year  1.69%  +0.02 (1.20%)
  • 10 Year  2.26%  +0.02 (0.89%)
  • 30 Year  3.02%  +0.01 (0.33%)

III.  Index Support and Resistance for Monday, 11/23/2015

Below you will find the 52 week performance, and the Year-to-Date (YTD) performance to the selected indexes.  I added the 200 day simple moving average (SMA) calculations to those of the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX).

For tracking the day’s action, here are the Pivot Points, Support points, Resistance points,  and the 50 day simple moving averages (sma),  for the DJIA, the NasdaqComp, the S&P 500, the Russell’s 1000, 2000, 3000, the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX), as well as the Volatility Index for the S&P500.

If the related index, or stock, is above the pivot point, the pivot point is both support, and an indication that Mr. & Ms. Fickle Markets are Bullish.  If the related Index, or stock, is below the pivot point, then the pivot point represents resistance, as well as an indication that Mr. & Ms. Fickle Markets are Bearish.  ALL projections are for reference only. 

( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)

Closed 11/20 up @ 17823.81

  • Pivot point   17823.63
  •   Support (s1)  17732.93       Support (s2)   17642.04
  •   Resistance (r1)   17914.52   Resistance (r2)   18005.22
  •   Simple Moving Average (Close 50):    17141.23
  •   52 week performance  +0.59%  YTD performance  +0.00%

( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)

Closed 11/20 up @ 5104.92

  • Pivot point   5103.90
  •   Support (s1)  5095.34       Support (s2)  5085.76
  •   Resistance (r1)  5113.48    Resistance (r2)  5122.04
  •   Simple Moving Average (Close 50):  4899.64
  •   52 week performance +8.32%  YTD performance  +7.79%

( 3) For the S&P 500 (INDEX SP: .SPX) (ETF: SPY)

Closed 11/20 up @ 2089.17

  • Pivot point  2089.68
  •   Support (s1)  2082.31        Support (s2)  2075.44
  •   Resistance (r1) 2096.55      Resistance (r2)  2103.92
  •   Simple Moving Average (Close 50):  2021.28
  •   52 week performance  +1.24%  YTD performance  +1.47%
  •   :: Projected High: 2100.24,   Projected Low: 2086.00

( 4) For the Russell 1000 (INDEX RUSSELL: RUT)

Closed 11/20 up @ 1158.19

  • Pivot point   1158.44
  •   Support (s1)  1154.45    Support (s2)  1150.71
  •   Resistance (r1)  1162.18  Resistance (r2)  1166.17
  •   Simple Moving Average (Close 50):   1116.12
  •   52 week performance  +1.87%  YTD performance  +0.90%

( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)

Closed 11/20 up @ 1175.15

  • Pivot point  1174.08
  •   Support (s1)  1169.42     Support (s2)  1163.69
  •   Resistance (r1) 1179.81   Resistance (r2)  1184.47
  •   Simple Moving Average (Close 50):  1156.01
  •   52 week performance +0.23%  YTD performance  -2.45%

( 6) For the Russell 3000 (INDEX RUSSELL: RUA)

Closed 11/20 up @ 1235.18

  • Pivot point   1235.31
  •   Support (s1) 1231.05    Support (s2)  1226.93
  •   Resistance (r1)  1239.43   Resistance (r2)  1243.69
  •   Simple Moving Average (Close 50):   1198.29
  •   52 week performance +0.54%  YTD performance  +0.58%

( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)

Closed 11/20 up @ 22.62

  • Pivot point    22.52
  •  Support (s1)  22.41      Support (s2)  22.21
  •  Resistance (r1)  22.72    Resistance (r2)  22.83
  •  Simple Moving Average (Close 50):  21.50
  •  Simple Moving Average (Close 200)  21.82
  •    Close (17 days) above/below (+/-) sma200  +0.802 (+3.674%) 
  •  :: 52 week performance -2.29%  YTD performance  +4.24%

( 8) For the Volatility S&P500 (INDEX CBOE: VIX)

Closed 11/20 down @ 15.47

  • Pivot point    15.77
  •  Support (s1)  15.17      Support (s2)  14.86
  •  Resistance (r1)  16.08    Resistance (r2)  16.68
  •  Simple Moving Average (Close 50):  18.24
  •  :: 52 week performance +22.58%  YTD performance  -19.43%

IV.  Index “projected” Highs and Lows

  • Index, :: Projected High,  Projected Low for Monday, 11/23/2015
  • Dow Jones,   17,959.87   17,778.28
  • S&P 500,      2,100.24   2,086.00
  • Nasdaq,       5,117.76   5,099.62
  • Russell 1000,  1,164.18   1,156.45
  • Russell 2000,  1,182.14   1,171.75
  • Russell 3000,  1,241.56   1,233.18
  • CBOE TNX,         22.78      22.47
  • Volatility,       15.93      15.02

 

————-  Monday, 11/23/2015  —————
 Please read:

(1) Research and Investing Disclaimer

 

(2) Investing and Trading

 

—————————-

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Have a great day investing, or trading …

DJIA, DIA, NASDAQ COMP, QQQ, SPX, SPY, RUI, RUT, RUA, IWM, TNX, C, CHK, CMCSA, CUR, DHT, FB, GST, HPQ, IBM, INTC, JCP, KGC, LOR, MPC, MSFT, MVPI, MU, NCR, SSE, SDRL, TDC, TWC, VRNG, WDDD, XLF, FAS, FAZ, HGY, JNK, AAPL

 

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