Index Support and Resistance for Wednesday, 12/2/2015

  Yesterday, the DJIA 52 week and year to date performances turned positive.  Also, the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX) Closed 12/1 down @ 21.55 knocking the TNX below its 200 day simple moving average.   All 10 S&P 500 sectors were up yesterday.   See the rest of the story in the numbers below …
  • Wednesday’s USA economic watch list
  • 8:10 a.m.: Atlanta Fed President Lockhart
  • 8:15 a.m.: ADP employment
  • 8:30 a.m.: Productivity and costs
  • 12:25 p.m.: Fed Chair Yellen at the Economic Club of Washington
  • 2:00 p.m.: Beige book
  • 3:40 pm: San Francisco Fed President Williams on outlook
                         ______                                           ______
 I.  Performance of the Indexes from Tuesday, 12/1/2015
               Index chart 20151201
  • Dow Jones   17,888.35  +168.43  (0.95%)    (chart: blue)
  • Nasdaq            5,156.31    +47.64  (0.93%)     (chart: gold)
  • S&P 500          2,102.63    +22.22  (1.07%)     (chart: red)
  • Rus 1k (RUI)   1,166.65  +11.99 (1.04%)
  • Rus 2k (RUT)  1,204.16   +6.05 (0.50%)
  • Rus 3k (RUA)  1,245.85  +12.29 (1.00%)
  • CBOE (TNX)           21.55  -0.63 (-2.84%)
  • Volatility (VIX)     14.67  -1.46 (-9.05%)
 I. a. Select stocks of interest, from Tuesday, 12/1/2015
  • C     54.87  +0.78 (1.44%)   After Hours: 54.86 -0.01 (-0.02%)
  • CHK    5.51  +0.24 (4.55%)   After Hours: 5.51 0.00 (0.00%) **
  • GE    30.16  +0.22 (0.73%)   After Hours: 30.22 +0.06 (0.20%)
  • MU    16.55  +0.62 (3.89%)   After Hours: 16.48 -0.07 (-0.42%)
  • VRNG   3.19  -0.17 (-5.06%)
   —————————-
 I. b. Sector summary from Tuesday, 12/1/2015
  • Sector Change +/-% (best (or least worst) to worst)
  • Healthcare …………………………………. +1.43%
  • Financials ………………………………….. +1.20%
  • Technology …………………………………. +1.03%
  • Telecommunications Srvcs ……………… +0.91%
  • Cyclical Cons. Goods ……………………… +0.85%
  • Basic Materials …………………………….. +0.81%
  • Non-Cyclical Cons. Goods ……………….. +0.69%
  • Utilities  ……………………………………… +0.64%
  • Energy ……………………………………….. +0.62%
  • Industrials …………………………………… +0.59%
  II. Bonds, and/or Currencies, and/or Commodities from Tuesday, 12/1/2015
  •   USA  Bonds
  • 3 Month  0.16%  -0.01 (-5.88%)
  • 6 Month  0.34%  0.00 (0.00%)
  • 2 Year  0.91%  -0.02 (-2.15%)
  • 5 Year  1.60%  -0.07 (-4.19%)
  • 10 Year  2.14%  -0.08 (-3.60%)
  • 30 Year  2.90%  -0.08 (-2.68%)
 III.  Index Support and Resistance for Wednesday, 12/2/2015
 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 (VIX) 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.
  •   Please Note: ALL projections are for reference only. 

_______

 

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

  • Closed 12/1 up @ 17888.35
  • Pivot point   17834.52
  • Support (s1)  17773.55      Support (s2)   17658.74
  •   Resistance (r1)   17949.33   Resistance (r2)   18010.30
  •   Simple Moving Average (Close 50):    17296.03
  •   52 week performance   +0.63%  YTD performance  +0.37%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  • Closed 12/1 up @ 5156.31
  •  Pivot point   5144.26
  •   Support (s1)  5132.22       Support (s2)  5108.12
  •   Resistance (r1)  5168.36    Resistance (r2)  5180.40
  •   Simple Moving Average (Close 50):  4933.69
  •   52 week performance +8.42%  YTD performance  +8.87%
( 3) For the S&P 500 (INDEX SPX: .SPX) (ETF: SPY)
  • Closed 12/1 up @ 2102.63
  •  Pivot point  2096.31
  •   Support (s1)  2089.25        Support (s2)  2075.87
  •   Resistance (r1) 2109.69      Resistance (r2)  2116.75
  •   Simple Moving Average (Close 50):  2035.70
  •   52 week performance  +1.75%  YTD performance  +2.12%
  •   :: Projected High: 2113.22,   Projected Low: 2092.78
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  • Closed 12/1 up @ 1166.65
  •  Pivot point   1163.00
  •   Support (s1)  1158.99    Support (s2)  1151.32
  •   Resistance (r1)  1170.67  Resistance (r2)  1174.68
  •   Simple Moving Average (Close 50):   1123.49
  •   52 week performance  +1.52%  YTD performance  +0.96%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  • Closed 12/1 up @ 1204.16
  •  Pivot point  1201.41
  •   Support (s1)  1198.43     Support (s2)  1192.69
  •   Resistance (r1) 1207.15   Resistance (r2)  1210.13
  •   Simple Moving Average (Close 50):  1159.73
  •   52 week performance +3.06%  YTD performance  -0.04%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  • Closed 12/1 up @ 1245.85
  •  Pivot point   1242.13
  •   Support (s1) 1238.02   Support (s2)  1230.19
  •   Resistance (r1)  1249.96   Resistance (r2)  1254.07
  •   Simple Moving Average (Close 50):   1205.37
  •   52 week performance +1.35%  YTD performance  +0.83%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  • Closed 12/1 down @ 21.55
  • Pivot point    21.77
  •   Support (s1)  21.23       Support (s2)  20.90
  •   Resistance (r1)  22.10    Resistance (r2)  22.64
  •   Simple Moving Average (Close 50):  21.53
  •   Simple Moving Average (Close 200)  21.89
  •   :: Close ( 1  days) above/below (+/-) sma200  -0.342 (-1.562%) 
  •   :: 52 week performance -5.69%  YTD performance  -0.69%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  • Closed 12/1 down @ 14.67
  • Pivot point    15.21
  •   Support (s1)  14.09      Support (s2)  13.50
  •   Resistance (r1)  15.80    Resistance (r2)  16.92
  •   Simple Moving Average (Close 50):  17.48
  •   :: 52 week performance +17.64%  YTD performance  -23.59%

  _______

 IV.  Index “projected” Highs and Lows for Wednesday, 12/2/2015

 
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,    17,979.82 17,804.04
  •   S&P 500,       2,113.22 2,092.78
  •   Nasdaq,        5,174.38 5,138.24
  •   Russell 1000,  1,172.68 1,161.00
  •   Russell 2000,  1,208.64 1,199.92
  •   Russell 3000,  1,252.02 1,240.08
  •   CBOE TNX,         21.94    21.07
  •   Volatility,       15.51    13.80
     ———— Wednesday, 12/2/2015 —————-
Please read:
  Have a great day investing, or trading …

Tags:
 (Tags-1) Indexes, Index ETFs, and Sector ETFs:
DJIA, DIA, NASDAQ COMP, QQQ, SPX, SPY, RUI, RUT, RUA, IWM, TNX, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY, FAS, FAZ, HGY, JNK,
 (Tags-2) Stocks
AA, AAPL, ALL, C, CHK, CMCSA, CMCSK, CCZ, CSCO, CUR, DHT, FB, GE, GST, HES, HPE, HPQ, IBM, INTC, JCP, KGC, LOR, MPC, MSFT, MVPI, MU, NCR, QCOM, RMBS, SSE, SDRL, TDC, TWC, VRNG, WDDD,

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