DJIA 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)
  •  the Russell 3000 (.RUA)
  •   the S&P 500 (.SPX)
  •   the Russell 1000 (.RUI)
  •  the Nasdaq (.IXIC) (12/14/2015)
  • the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX) (12/14/2015)

 

 

 DJIA (.DJI) pivot point chart for Wednesday 12/16/2015:

DJIA 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. 

 

( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)
  •   Closed 12/15 up @ 17524.91
  •   :: Pivot point   17497.91
  •   Support (s1)  17368.18     Support (s2)   17211.46
  •   Resistance (r1)   17654.63   Resistance (r2)   17784.36
  •   Simple Moving Average (Close 50):    17543.72
  •   52 week performance   +2.00%  YTD performance -1.67%
  •   :: ( DJIA pivot point chart )

 

———— Wednesday, 12/16/2015 —————-

( 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 ]
  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