Nasdaq (.IXIC) pivot point chart for Wednesday d/w/m

  Mr. & Ms. Fickle Markets seem to be favoring a raise in the Fed funds rate.  Last night, scanning the fundamentals first, then the charts, at the close we got:
  •   a pivot point long entry signal for the DJIA (.DJI)
  •   a pivot point long entry signal for the Nasdaq (.IXIC)
  •   a pivot point long entry signal for the S&P 500 (.SPX) 
  •   a pivot point long entry signal for the Russell 1000 (.RUI) 
  •   a pivot point long entry signal for the Russell 3000 (.RUA)
      —  GLTA   —
Nas 20151215.jpg
Nasdaq Comp thru 12/15/2015

( 1) Nasdaq (.IXIC) pivot point chart thru Tuesday’s 12/15/2015 close, where:

  • LE= Long Entry
  • LX= Long Exit
  • SE= Short Entry
  • SX= Short Exit

 

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 index.  For tracking the day’s action, here are the Pivot Points, Support points, Resistance points,  and the 50 day simple moving averages (sma).
  •  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. 

 

( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  •   Closed 12/15 up @ 4995.36
  •   :: Pivot point   5002.96
  •   Support (s1)  4979.39       Support (s2)  4963.41
  •   Resistance (r1)  5018.94    Resistance (r2)  5042.51
  •   Simple Moving Average (Close 50):  5009.63
  •   52 week performance +9.84%  YTD performance  +5.48%
  •   :: ( Nasdaq pivot point chart – Monday )

( xi)  I will be returning and adding, and updating more info including daily, weekly, and monthly chart analysis below

 

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

 

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