Index and Sector ETFs Support and Resistance for Monday, 12/7/2015 (Part 1)

 I have stated “Fundamentals, first and foremost …” , through analysis of databases, spreadsheets, and charts for technicals, plus sentiment analysis, as well as listening to conference calls.  Every day, for my own investing and/or trading, I prepare a written trading plan, including pivot points, supports, resistances, potential targets, etc. for the Markets, Sectors, Industries, sub-Industries, then funds, Mutual and ETFs, companies, et cetera.    The global economies are linked, including global stock and bond markets.  While most of the USA sleeps, the Asia markets are open … and a good, or bad, day there, affects the USA pre-markets and the open.

  First up in any market analysis must be a Markets Index analysis of the broadest possible universe of investible stocks in the markets wherein you or I are inclined to invest, or trade, to seek to decipher, discern, or ascertain, thru deductive reasoning (DDA-DR), where Mr. & Ms. Fickle Markets might be inclined to take us.

See my “Index Support and Resistance for Monday, 12/7/2015

 Following the Markets Index analysis is the “must have” Sector analysis, again, for me, an every day analysis.   I was going to present my analysis on the sectors, then select sector stocks and Exchange Traded Funds, (ETFs), but since my analysis includes a tracking error analysis, I am skipping posting my sector analysis, since we can not invest in indexes, in favor of select Sector ETFs and sector stocks that we can, or might, invest in.
There are really helpful RISK analysis (not guarantees) clues, like Money Flows, On Balance Volume, et cetera, into, or out of, sector stocks and ETFs, that can clue us about where Mr. & Ms. Fickle Markets is putting its cash to work … and as to whether we should follow the trend, or perhaps to dable in contrarian investing.
Let’s begin our sector assessment for Monday
  Friday, the Energy Sector, after OPEC’s decision to continue down the market share path, without any regard to potentially lower crude prices,  was the only down sector on Friday.  Approximately 53% of Energy Sector companies were down more than 2 percent with an additional 22 percent down between zero to 2 percent.   On the Energy Sector plus side, eighteen percent of the companies were up between zero and two percent, while approximately seven percent of Energy Sector companies managed to overcome OPEC negativity and were up more than two percent.   Hopefully, companies of the seven percent that were up, are the ones we own.
                                          – – –
I.  Performance of the Indexes from Friday, 12/4/2015
            Index chart 20151204
  • Dow Jones   17,847.63  +369.96  (2.12%)  (chart: blue) 
  • Nasdaq       5,142.27  +104.74  (2.08%)  (chart: gold)  
  • S&P 500      2,091.69   +42.07  (2.05%)   (chart: red) 
  • Rus 1k (RUI)  1,159.27  +22.09 (1.94%)
  • Rus 2k (RUT)  1,183.40  +12.83 (1.10%)
  • Rus 3k (RUA)  1,236.90  +22.78 (1.88%)
  • CBOE (TNX)       22.75  -0.55 (-2.36%)
  • Volatility (VIX) 14.81  -3.30 (-18.22%)
Note: new intraday** high or low, and/or closing* high or low

Sector summary from  Friday, 12/4/2015
 

  • Sector Change +/-% (best (or least worst) to worst)
  • Healthcare ……………………….. +2.04%
  • Technology …………………. +1.92%
  • Financials …………………. +1.91%
  • Non-Cyclical Cons. Goods …….. +1.83%
  • Cyclical Cons. Goods ………… +1.66%
  • Telecommunications Srvcs …….. +1.27%
  • Industrials ………………… +1.20%
  • Basic Materials …………….. +1.19%
  • Utilities ………………….. +0.70%
  • Energy …………………………… -1.37%
 II. Bonds, and/or Currencies, and/or Commodities from Friday, 12/4/2015
                                                            —
 III.  Select Index and Sector ETFs Support and Resistance for Monday, 7/6/2015
 Below you will find the 52 week performance, and the Year-to-Date (YTD) performance to the selected Sector ETFs.  For tracking the day’s sector action, here are the Pivot Points, Support points, Resistance points,  and the 50 day simple moving averages (sma),  for the DIA (DJIA), the QQQ (NasdaqComp), the SPY (S&P 500), the SPYG (S&P 500 Growth), the SPYV (S&P 500 Value), the IWM (Russell 2000), and the DIREXION triple leveraged FAS (Financial Sector 3x Bull) plus the DIREXION triple leveraged FAZ (Financial Sector 3x Bear) ETFs.
  •  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.

(21)  SPDR DJ INDUSTRIAL AVERAGE ETF TRUST (DIA)

  • Closed 12/4 up @ 178.44  +3.61 (2.06%)
  • :: Pivot point   177.41
  • Support (s1)  176.15   Support (s2)   173.87
  • Resistance (r1)  179.69   Resistance (r2) 180.95
  • Simple Moving Average (Close 50):    173.54
  • 52 week performance -0.07%  YTD performance  +0.27%

(22) POWERSHARES QQQ TRUST SERIES 1 (QQQ)

  • Closed 12/4 up @ 115.14  +2.63 (2.34%)
  • :: Pivot point  114.36
  • Support (s1)  113.40      Support (s2) 111.65
  • Resistance (r1)  116.11    Resistance (r2)  117.07
  • Simple Moving Average (Close 50):  110.33
  • 52 week performance +10.04%  YTD performance  +11.52%
(23) SPDR S&P 500 ETF Trust (SPY)
  •   Closed 12/4 up @ 209.66  +4.08 (1.98%)
  • :: Pivot point  208.51
  • Support (s1)  207.04        Support (s2)  204.47
  • Resistance (r1) 211.08      Resistance (r2)  212.55
  • Simple Moving Average (Close 50):  204.30
  • 52 week performance +1.46%  YTD performance  +1.99% 

(24) SPDR S&P 500 Growth ETF (SPYG)

  • Closed 12/4 up @   103.04  +2.09 (2.07%)
  • :: Pivot point   102.49
  • Support (s1)  101.89    Support (s2)  100.73
  • Resistance (r1)  103.65   Resistance (r2)  104.25
  • Simple Moving Average (Close 50):   99.89
  • 52 week performance +5.92%  YTD performance  +6.40%
(25) SPDR S&P 500 VALUE ETF (SPYV)
  •   Closed 12/4 up @  98.27  +1.61 (+1.67%)
  • :: Pivot point  97.94
  • Support (s1)  97.62     Support (s2)  96.96
  • Resistance (r1) 98.60   Resistance (r2)  98.92
  • Simple Moving Average (Close 50):  96.52
  • 52 week performance -3.60%  YTD performance  -3.23%
(26) iShares Russell 2000 Index ETF  (IWM)
  •   Closed 12/4 up @  117.78  +1.19 (1.02%)
  • :: Pivot point   117.35
  • Support (s1) 116.77    Support (s2)  115.76
  • Resistance (r1)  118.36   Resistance (r2)  118.94
  • Simple Moving Average (Close 50):   115.46
  • 52 week performance +1.34%  YTD performance  -1.54%
(27)  DIREXION DAILY FINANCIAL Bull 3X SHARES  (FAS)
  •   Closed 12/4 up @ 32.14  +2.17 (7.24%)
  • :: Pivot point    31.56
  • Support (s1)  30.84       Support (s2)  29.53
  • Resistance (r1)  32.87    Resistance (r2)  33.59
  • Simple Moving Average (Close 50):  29.53
  • :: 52 week performance -0.60%  YTD performance  +1.11%
(28)  DIREXION DAILY FINANCIAL BEAR 3X SHARES  (FAZ)
  •   Closed 12/4 down @  38.33  -2.89 (-7.01%)
  • :: Pivot point    39.13
  • Support (s1)  37.32      Support (s2)  36.31
  • Resistance (r1)  40.14    Resistance (r2)  41.95
  • Simple Moving Average (Close 50):  43.25
  • :: 52 week performance -24.78%  YTD performance  -24.37%
    ———— Monday, 12/7/2015 —————-
 Please read:
 [ Blogs ]
 (4) Chesapeake Energy Corp (NYSE: CHK)
  Have a great day investing, or trading …
Advertisements

One thought on “Index and Sector ETFs Support and Resistance for Monday, 12/7/2015 (Part 1)

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