Index Support and Resistance for Tuesday, 12/15/2015

Sunday night, the E-mini futures presented the possibility of a positive, green, open for USA markets Monday morning.  During the pre-market hours Monday morning, the E-mini futures, except for the Russell’s slightly negative indication, gave the possibility of a positive, green, open for USA markets.  We got the green open, but, it didn’t last long as Mr. & Ms. Fickle Markets fretted about the Fed and crude’s prices.   However, the markets closed higher … and I thought … maybe I would get a couple of pivot point signals and … voila I did:

  •    Nasdaq pivot point Long Entry signal at the close 
  •   CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX) pivot point Long Entry signal at the close  
    _______
 I.  Performance of the Indexes from Monday, 12/14/2015

       Index chart 20151214                      .DJI, .NAS, .SPX

  • Dow Jones    17,368.50  +103.29  (0.60%)  (chart: blue)
  • Nasdaq            4,952.23    +18.76  (0.38%)  (chart: gold)
  • S&P 500          2,021.94      +9.57  (0.48%)  (chart: red)
  •   ——————————————-
  • Rus 1k (RUI)  1,118.63  +4.00 (0.36%)
  • Rus 2k (RUT)  1,115.86  -7.75 (-0.69%)
  • Rus 3k (RUA)  1,191.44  +3.31 (0.28%)
  • CBOE (TNX)       22.25  +0.86 (4.02%)
  • Volatility (VIX)  22.73  -1.66 (-6.81%)
 I. a. Select stocks of interest, from Monday, 12/14/2015
  • C       51.14  +0.03 (0.06%)
  • CHK      4.00  -0.16 (-3.85%)
  • GE      30.27  +0.01 (0.03%)   After Hours: 30.30 +0.03 (0.10%)
  • MU      13.66  -0.38 (-2.71%)   After Hours: 13.66 0.00 (0.00%)
  • VRNG     2.21  -0.19 (-7.92%)
 I. b. Sector summary from Monday, 12/14/2015
  • Sector Change +/-% (best (or least worst) to worst)
  • Telecommunications Srvcs …………….. +0.52%
  • Technology  ……………………………….. +0.42%
  • Non-Cyclical Cons. Goods ……………… +0.36%
  • Industrials …………………………………  +0.24%
  • Healthcare  ………………………………… +0.17%
  • Cyclical Cons. Goods …………………….. +0.12%
  • Utilities  …………………………………….. +0.07%
  • Energy ……………………………………….  +0.01%
  • Financials …………………………………… +0.00%
  • Basic Materials  ………………….. -1.53%
 II. Bonds, and/or Currencies, and/or Commodities from Monday, 12/14/2015
  •   USA  Bonds
  • 3 Month  0.23%  0.00 (0.00%)
  • 6 Month  0.00%  0.00 (NaN%)
  • 2 Year  0.94%  +0.03 (3.30%)
  • 5 Year  1.65%  +0.04 (2.48%)
  • 10 Year  2.22%  +0.05 (2.30%)
  • 30 Year  2.95%  +0.05 (1.72%)
III.  Index Support and Resistance for Tuesday, 12/15/2015
  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 12/14 up @ 17368.50
  •   :: Pivot point   17295.00
  •   Support (s1)  17211.97     Support (s2)   17055.45
  •   Resistance (r1)   17451.52   Resistance (r2)   17534.55
  •   Simple Moving Average (Close 50):    17528.72
  •   52 week performance   +0.51%  YTD performance -2.55%
  •   :: ( DJIA pivot point chart )
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  •   Closed 12/14 up @ 4952.23
  •   :: Pivot point   4925.81
  •   Support (s1)  4898.01       Support (s2)  4843.80
  •   Resistance (r1)  4980.02    Resistance (r2)  5007.82
  •   Simple Moving Average (Close 50):  5005.34
  •   52 week performance +7.54%  YTD performance  +4.56%
  •   :: ( Nasdaq pivot point chart )
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  •   Closed 12/14 up @ 2021.94
  •   :: Pivot point  2012.71
  •   Support (s1)  2002.49        Support (s2)  1983.05
  •   Resistance (r1) 2032.15      Resistance (r2)  2042.37
  •   Simple Moving Average (Close 50):  2059.07
  •   52 week performance  +1.62%  YTD performance  -1.80%
  •   :: Projected High: 2,037.26,   Projected Low: 2007.60
  •   :: ( S&P500 pivot point chart )
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  •   Closed 12/14 up @ 1118.63
  •   :: Pivot point   1113.75
  •   Support (s1)  1108.40    Support (s2)  1098.17
  •   Resistance (r1)  1123.98  Resistance (r2)  1129.33
  •   Simple Moving Average (Close 50):   1141.94
  •   52 week performance  +0.61%  YTD performance  -2.25%
 
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  •   Closed 12/14 down @ 1115.86
  •   :: Pivot point  1117.04
  •   Support (s1)  1107.58     Support (s2)  1099.30
  •   Resistance (r1) 1125.32   Resistance (r2)  1134.78
  •   Simple Moving Average (Close 50):  1167.38
  •   52 week performance  -2.14%  YTD performance  -7.37%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  •   Closed 12/14 up @ 1191.44
  •   :: Pivot point   1186.64
  •   Support (s1) 1180.87   Support (s2)  1170.29
  •   Resistance (r1)  1197.22   Resistance (r2)  1202.99
  •   Simple Moving Average (Close 50):   1219.17
  •   52 week performance +1.77%  YTD performance  -2.67%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  •   Closed 12/14 up @ 22.25
  •   :: Pivot point    22.03
  •   Support (s1)  21.74      Support (s2)  21.24
  •   Resistance (r1)  22.53    Resistance (r2)  22.82
  •   Simple Moving Average (Close 50):  21.76
  •   Simple Moving Average (Close 200)  21.97
  •   :: Close ( 1 day) above/below (+/-) sma200  +0.281 (+1.280%)
  •   :: 52 week performance +5.15%  YTD performance  -2.53%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  •   Closed 12/14 down @ 22.73
  •   :: Pivot point    23.67
  •   Support (s1)   20.53      Support (s2)  18.33
  •   Resistance (r1)  25.87    Resistance (r2)  29.01
  •   Simple Moving Average (Close 50):  16.60
  •   :: 52 week performance   -3.56%  YTD performance  +18.39%
 _______

IV.  Index “projected” Highs and Lows for Tuesday, 12/15/2015

  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,    17,493.04      17,253.49
  •   Nasdaq,        4,993.92 4,911.91
  •   S&P 500,       2,037.26 2,007.60
  •   Russell 1000,  1,126.66 1,111.08
  •   Russell 2000,  1,121.18 1,103.44
  •   Russell 3000,  1,200.11 1,183.76
  •   CBOE TNX,         22.68    21.89
  •   Volatility,       24.77    19.43
———— Tuesday, 12/15/2015 —————-

( 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 … 
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