Index Support and Resistance for Monday, 12/14/2015

  Last night, the E-mini futures presented the possibility of a positive, green, open for USA markets today.  This morning, the E-mini futures, except for the Russell’s slightly negative indication, still present the possibility of a positive, green, open for USA markets today.
  Along with moving averages, simple and exponential, resistance and support calculations, the MACD, et cetera;  Pivot Point calculations and indicators are one of hundreds of indicators to be used in analyzing past data.  Due to the amount of research, I have individually posted “pivot point” charts for the indexes as indicated below.  The links may be opened in tabs or new windows.   Please keep in mind that the analysis of past data is no guarantee of future similar results.

  _______

 I.  Performance of the Indexes from Friday, 12/11/2015

.DJI, .NAS, .STX

Index chart 20151211

  • Dow Jones    17,265.21  -309.54  (-1.76%)  (chart: blue)
  • Nasdaq           4,933.46    -111.71  (-2.21%)  (chart: gold)
  • S&P 500          2,012.37    -39.86  (-1.94%)  (chart: red)
  •   ——————————————-
  • Rus 1k (RUI)  1,114.63  -22.08  (-1.94%)
  • Rus 2k (RUT)  1,123.61  -25.42  (-2.21%)
  • Rus 3k (RUA)  1,188.12  -23.79  (-1.96%)
  • CBOE (TNX)       21.39   -1.00  (-4.47%)
  • Volatility (VIX)  24.39  +5.05 (+26.11%)
 I. a. Select stocks of interest, from Friday, 12/11/2015
  • C      51.11  -1.54 (-2.92%)
  • CHK     4.15  -0.41 (-8.99%)
  • GE     30.25  -0.40 (-1.31%)
  • MU     14.04  -0.62 (-4.23%)
  • VRNG    2.40  +0.03 (1.27%)
 Micron Technology, Inc. (MU) to Debut GDDR6 RAM in 2016

 Analyst Price Target on Micron Technology, Inc. (NASDAQ:MU)

Analyst Price Target on Citigroup Inc. (NYSE:C)

The short term Citigroup Inc. (NYSE:C) target price has been estimated at $ 64.96. The target price could deviate by a maximum of $4.47 from the forecast price. In the near term, the target price could hit a high of $72 and a low of $ 57.  For more info see the above link ….

 I. b. Sector summary from Friday, 12/11/2015
  • Sector Change +/-% (best (or least worst) to worst)
  • Utilities ……………………… -1.10%
  • Non-Cyclical Cons. Goods ………… -1.38%
  • Healthcare …………………….. -1.51%
  • Industrials ……………………  -1.77%
  • Cyclical Cons. Goods ……………. -1.87%
  • Telecommunications Srvcs ………… -1.88%
  • Technology …………………….  -1.96%
  • Financials …………………….  -2.17%
  • Basic Materials ………………..  -2.55%
  • Energy ………………………..  -3.47%
II. Bonds, and/or Currencies, and/or Commodities from Friday, 12/11/2015
  •   USA  Bonds
  • 3 Month  0.20%  0.00 (0.00%)
  • 6 Month  0.48%  0.00 (0.00%)
  • 2 Year  0.88%  -0.04 (-4.35%)
  • 5 Year  1.56%  -0.08 (-4.88%)
  • 10 Year  2.12%  -0.07 (-3.20%)
  • 30 Year  2.87%  -0.06 (-2.05%)
III.  Index Support and Resistance for Monday, 12/14/2015
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 12/11 down @ 17265.21
  •   :: Pivot point   17356.82
  •   Support (s1)  17138.89     Support (s2)   17012.57
  •   Resistance (r1)   17483.14   Resistance (r2)   17701.07
  •   Simple Moving Average (Close 50):    17516.64
  •   52 week performance   -1.86%  YTD performance -3.13%
  •   :: ( DJIA pivot point chart )
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  •   Closed 12/11 down @ 4933.47
  •   :: Pivot point   4952.78
  •   Support (s1)  4909.36       Support (s2)  4885.26
  •   Resistance (r1)  4976.88    Resistance (r2)  5020.30
  •   Simple Moving Average (Close 50):  5000.46
  •   52 week performance +6.01%  YTD performance  +4.17%
  •   :: ( Nasdaq pivot point chart )
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  •   Closed 12/11 down @ 2012.37
  •   :: Pivot point  2022.81
  •   Support (s1)  1998.36        Support (s2)  1984.34
  •   Resistance (r1) 2036.83      Resistance (r2)  2061.28
  •   Simple Moving Average (Close 50):  2058.35
  •   52 week performance  +0.50%  YTD performance  -2.26%
  •   :: Projected High: 2,029.82,   Projected Low: 1,991.35
  •   :: ( S&P500 pivot point chart )
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  •   Closed 12/11 down @ 1114.63
  •   :: Pivot point   1120.87
  •   Support (s1)  1106.39    Support (s2)  1098.15
  •   Resistance (r1)  1129.11  Resistance (r2)  1143.59
  •   Simple Moving Average (Close 50):   1141.29
  •   52 week performance  -1.34%  YTD performance  -2.60%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  •   Closed 12/11 down @ 1123.61
  •   :: Pivot point  1130.37
  •   Support (s1)  1114.51     Support (s2)  1105.41
  •   Resistance (r1) 1139.47   Resistance (r2)  1155.33
  •   Simple Moving Average (Close 50):  1167.91
  •   52 week performance  -2.50%  YTD performance  -6.73%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  •   Closed 12/11 down @ 1188.12
  •   :: Pivot point   1194.82
  •   Support (s1) 1179.28   Support (s2)  1170.45
  •   Resistance (r1)  1203.65   Resistance (r2)  1219.19
  •   Simple Moving Average (Close 50):   1218.59
  •   52 week performance +0.71%  YTD performance  -2.94%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  •   Closed 12/11 down @ 21.39
  •   :: Pivot point    21.59
  •   Support (s1)  21.12      Support (s2)  20.85
  •   Resistance (r1)  21.86    Resistance (r2)  22.33
  •   Simple Moving Average (Close 50):  21.73
  •   Simple Moving Average (Close 200)  21.96
  •   :: Close ( 1 day) above/below (+/-) sma200  -0.570 (-2.594%)
  •   :: 52 week performance +1.71%  YTD performance  -1.43%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  •   Closed 12/11 up @ 24.39
  •   :: Pivot point    23.51
  •   Support (s1)   21.76      Support (s2)  19.12
  •   Resistance (r1)  26.15    Resistance (r2)  27.90
  •   Simple Moving Average (Close 50):  16.54
  •   :: 52 week performance   +19.44%  YTD performance  +27.03%
  _______

( xi ) I will be returning and adding more related chart info including links to charts with  daily, weekly, and monthly chart analysis

 

 Please read:
 [ Blogs ]
 (4) Chesapeake Energy Corp (NYSE: CHK)
  Have a great day investing, or trading … 
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