Russell 1000 (.RUI) 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)

Russell 1000 (.RUI) pivot point chart for Wednesday 12/16/2015:

 

RUI 20151215.jpg

 

III.  Index Support and Resistance for Wednesday, 12/16/2015

 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. 

 

( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  •   Closed 12/15 up @ 1130.71
  •   :: Pivot point   1128.64
  •   Support (s1)  1121.17    Support (s2)  1111.63
  •   Resistance (r1)  1138.18  Resistance (r2)  1145.65
  •   Simple Moving Average (Close 50):   1142.44
  •   52 week performance  +2.36%  YTD performance  -1.19%

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

 

 Please read:
 [ Blogs ]
 
  Have a great day investing, or trading … 
 NOTE:  Today, at 2 PM ET,  the Fed announced an increase of 0.25 in the Fed Funds Rate.   Fed Chair Janet Yellen then spoke at 2:30 PM ET and answered questions.

 

 

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