Index Support and Resistance for Wednesday, 11/25/2015

Tomorrow Thursday, 11/26/2015, is Thanksgiving in the USA.  The US stock and bond markets are closed.  Friday, a.k.a. “Black Friday”, the USA stock markets are only open until 1 PM ET with limited after hours trading.

Here’s wishing everyone a happy and safe Thanksgiving Day.  

 

 I.  Performance of the Indexes from Tuesday, 11/24/2015

Index chart 20151124

 

  • Dow Jones    17,812.19  +19.51  (0.11%)  (chart: blue )
  • S&P 500       2,089.14  +2.55  (0.12%)      (chart: red )
  • Nasdaq        5,102.81  +0.33  (0.01%)       (chart: gold )
  • Rus 1k (RUI)  1,158.97  +1.82 (0.16%)
  • Rus 2k (RUT)  1,188.81  +8.46 (0.72%)
  • Rus 3k (RUA)  1,237.05  +2.48 (0.20%)
  • CBOE (TNX)       22.43  -0.07 (-0.31%)
  • Volatility (VIX)  15.93  +0.31 (1.98%)

 I. a. Select stocks of interest, from Tuesday, 11/24/2015

  • C    54.19  -0.09 (-0.17%)
  • CHK   5.49  +0.36 (6.91%)
  • GE   30.66  +0.07 (0.23%)
  • MU   15.63  +0.31 (2.02%)   After Hours: 15.63 0.00 (0.00%)
  • VRNG   0.342  -0.020 (-5.47%)

I. b. Sector summary from Tuesday, 11/24/2015

  • Sector Change +/-% (best (or least worst) to worst)
  • Energy …………………………………..+2.02%
  • Basic Materials …………………………+1.11%
  • Non-Cyclical Cons. Goods …………. +0.28%
  • Technology ……………………………..+0.08%
  • Utilities ………………………………… +0.06%
  • Healthcare …………………………….. -0.03%
  • Cyclical Cons. Goods ………………… -0.04%
  • Financials ……………………………….-0.11%
  • Industrials …………………………….. -0.12%
  • Telecommunications Srvcs   ……….. -0.14%

II. Bonds, and/or Currencies, and/or Commodities from Tuesday, 11/24/2015

  •  USA   Bonds
  • 3 Month  0.14%  +0.04 (40.00%)
  • 6 Month  0.29%  +0.03 (11.54%)
  • 2 Year  0.92%  +0.03 (3.37%)
  • 5 Year  1.66%  +0.02 (1.22%)
  • 10 Year  2.24%  +0.02 (0.90%)
  • 30 Year  3.00%  +0.02 (0.67%)

 III.  Index Support and Resistance for Wednesday, 11/25/2015

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 Russells 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 11/24 up @ 17812.19

  • Pivot point   17786.10
  •   Support (s1)  17709.60       Support (s2)   17607.01
  •   Resistance (r1)   17888.69   Resistance (r2)   17965.19
  •   Simple Moving Average (Close 50):    17187.46
  •   52 week performance   -0.03%  YTD performance  -0.06%

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

Closed 11/24 up @ 5102.81

  • Pivot point   5087.90
  •   Support (s1)  5065.05       Support (s2)  5027.29
  •   Resistance (r1)  5125.66    Resistance (r2)  5148.51
  •   Simple Moving Average (Close 50):  4909.80
  •   52 week performance +7.24%  YTD performance  +7.74%

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

Closed 11/24 up @ 2089.14

  • Pivot point  2084.52
  •   Support (s1)  2074.91        Support (s2)  2060.69
  •   Resistance (r1) 2098.74      Resistance (r2)  2108.35
  •   Simple Moving Average (Close 50):  2025.41
  •   52 week performance  +1.07%  YTD performance  +1.47%
  •   :: Projected High: 2103.55,   Projected Low: 2079.72

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

Closed 11/24 up @ 1158.97

  • Pivot point   1156.29
  •   Support (s1)  1150.93    Support (s2)  1142.89
  •   Resistance (r1)  1164.33  Resistance (r2)  1169.69
  •   Simple Moving Average (Close 50):   1118.32
  •   52 week performance  +0.01%  YTD performance  +0.34%

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

Closed 11/24 up @ 1188.81

  • Pivot point  1183.78
  •   Support (s1)  1177.91     Support (s2)  1167.00
  •   Resistance (r1) 1194.69   Resistance (r2)  1200.56
  •   Simple Moving Average (Close 50):  1156.58
  •   52 week performance +0.21%  YTD performance  -1.32%

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

Closed 11/24 up @ 1237.05

  • Pivot point   1233.98
  •   Support (s1) 1228.28    Support (s2)  1219.51
  •   Resistance (r1)  1242.75   Resistance (r2)  1248.45
  •   Simple Moving Average (Close 50):   1200.74
  •   52 week performance +0.51%  YTD performance  +0.77%

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

Closed 11/24 down @ 22.43

  • Pivot point    22.33
  •  Support (s1)  22.16      Support (s2)  21.89
  •  Resistance (r1)  22.60    Resistance (r2)  22.77
  •  Simple Moving Average (Close 50):  21.51
  •  Simple Moving Average (Close 200)  21.85
  • Close (19 days) above/below (+/-) sma200  +0.58 (+2.653%)  
  •  :: 52 week performance -0.75%  YTD performance  +3.36%

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

Closed 11/24 up @ 15.93

  • Pivot point    16.21
  •  Support (s1)  15.20      Support (s2)  14.48
  •  Resistance (r1)  16.93    Resistance (r2)  17.94
  •  Simple Moving Average (Close 50):  17.99
  •  :: 52 week performance +31.98%  YTD performance  -17.03%

 

IV.  Index “projected” Highs and Lows

  • Index, :: Projected High,  Projected Low for Wednesday, 11/25/2015
  • Dow Jones,   17,926.94  17,747.85
  • S&P 500,      2,103.55   2,079.72
  • Nasdaq,       5,137.09   5,076.48
  • Russell 1000,  1,167.01   1,153.61
  • Russell 2000,  1,197.63   1,180.85
  • Russell 3000,  1,245.60   1,231.13
  • CBOE TNX,         22.69      22.25
  • Volatility,       16.57      14.84

 

————–  Wednesday, 11/25/2015  ————–

 Please read:

(1) Research and Investing Disclaimer

(2) Investing and Trading

 

 [ Blogs ]
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

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s