Index Support and Resistance for Monday, 12/28/2015

  Below you will find the Index Support and Resistance for Monday, 12/28/2015 as calculated from the changes in Index points through Thursday’s close.
Last week, the markets closed regular hours trading Thursday at 1 PM. ET and were closed Friday for the Christmas holiday.  Counting Monday, we are down to the last week of 2015 with only three full trading days and an early  Thursday close, again at 1 PM. ET.
For the S&P 500, the MACD just crossed above its signal line.  This is a bullish signal.
The Russell 2000 (RUT) is giving mixed signals as The MACD just crossed above its signal line.  This is a bullish signal. Two pivot point indicators are still Long Entry bullish.   While another indicator advises (1) Exit Long Position at Close.  (2) Enter Short Position at Close.
–   –   –   –           –   –   –   –           –   –   –   –
I.  Performance of the Indexes from Thursday, 12/24/2015
        ( Indexes from Thu 12/24 )
                Index chart 20151224
  • Dow Jones    17,552.17  -50.44  (-0.29%)  (chart: blue)
  • Nasdaq        5,048.49  +2.56  (0.05%)  (chart: gold)
  • S&P 500       2,060.99  -3.30  (-0.16%)  (chart: red)
  •   ——————————————-
  • Rus 1k (RUI)  1,141.45  -1.59 (-0.14%)
  • Rus 2k (RUT)  1,154.76  +1.94 (0.17%)
  • Rus 3k (RUA)  1,217.05  -1.41 (-0.12%)
  • CBOE (TNX)       22.43  -0.21 (-0.93%)
  • Volatility (VIX)  15.74  +0.17 (1.09%)
 I. a. Select stocks of interest, from
  • C      52.71  +0.08 (0.15%)
  • CHK     4.44  +0.04 (0.91%)
  • GE     30.83  -0.12 (-0.39%)
  • MU     14.48  +0.18 (1.26%)
  • VRNG     2.70  +0.10 (3.85%)
 I. b. Sector summary from Thursday, 12/24/2015
  • Sector Change +/-% (best (or least worst) to worst)
  • Financials ………………….  +0.08%
  • Healthcare ………………….  +0.04%
  • Industrials ……………………….  -0.03%
  • Utilities …………………………  -0.05%
  • Basic Materials ……………………  -0.08%
  • Technology ………………………..  -0.10%
  • Non-Cyclical Cons. Goods ……………. -0.15%
  • Cyclical Cons. Goods ……………….. -0.29%
  • Telecommunications Srvcs ……………. -0.47%
  • Energy ……………………………  -0.76%
 II. Bonds, and/or Currencies, and/or Commodities from Thursday, 12/24/2015

  II. a.  USA  Bonds 

  • 3 Month  0.19%  0.00 (0.00%)
  • 6 Month  0.47%  +0.02 (4.44%)
  • 2 Year  0.99%  0.00 (0.00%)
  • 5 Year  1.72%  -0.01 (-0.58%)
  • 10 Year  2.24%  -0.01 (-0.44%)
  • 30 Year  2.96%  -0.01 (-0.34%)
II. b.  US Energy Information Administration   

     –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Monday, 12/28/2015
 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 as they can be easily exceeded, up or down, by Mr. & Ms. Fickle Markets.

    –   –   –   –           –   –   –   –           –   –   –   –

( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)
  Closed 12/24 down @ 17552.17
  •   :: Pivot point   17567.49
  •   Support (s1)  17528.63     Support (s2)   17505.10
  •   Resistance (r1)   17591.02   Resistance (r2)   17629.88
  •   Simple Moving Average (Close 50):    17602.27
  •   52 week performance   -2.65%  YTD performance -1.52%
  •   The projected closing points are: 17,564.72 
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  Closed 12/24 up @  5048.49
  •   :: Pivot point   5051.81
  •   Support (s1)  5040.33       Support (s2)  5032.18
  •   Resistance (r1)  5059.96    Resistance (r2)  5071.44
  •   Simple Moving Average (Close 50):  5038.87
  •   52 week performance +5.03%  YTD performance  +6.60%
  •   The projected closing points are: 5,053.80. 
( 3) For the S&P 500 (INDEX SPX: .INX, .SPX) (ETF: SPY)
  Closed 12/24 down @ 2060.99
  •   :: Pivot point  2062.36
  •   Support (s1)  2057.36        Support (s2)  2053.73
  •   Resistance (r1) 2065.99      Resistance (r2)  2070.99
  •   Simple Moving Average (Close 50):  2065.31
  •   52 week performance  -1.33%  YTD performance  +0.10%
  •   :: Projected High: 2,051.98,   Projected Low:  2,029.73
  •   The projected closing points are: 2,062.32. 
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  Closed 12/24 down @ 1141.45
  •   :: Pivot point   1142.12
  •   Support (s1)  1139.28    Support (s2)  1137.12
  •   Resistance (r1)  1144.28  Resistance (r2)  1147.12
  •   Simple Moving Average (Close 50):   1144.83
  •   52 week performance  -1.27%  YTD performance  -0.26%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  Closed 12/24 up @ 1154.76
  •   :: Pivot point  1155.36
  •   Support (s1)  1151.00     Support (s2)  1147.25
  •   Resistance (r1) 1159.11   Resistance (r2)  1163.47
  •   Simple Moving Average (Close 50):  1165.00
  •   52 week performance  -4.97%  YTD performance  -4.15%
  •   The projected closing price is: 1,155.12. 
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  Closed 12/24 down @ 1217.05
  •   :: Pivot point   1217.75
  •   Support (s1) 1214.61   Support (s2)  1212.18
  •   Resistance (r1)  1220.18   Resistance (r2)  1223.32
  •   Simple Moving Average (Close 50):   1221.48
  •   52 week performance -2.02%  YTD performance  -0.58%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  Closed 12/24 down @ 22.43
  •   :: Pivot point    22.49
  •   Support (s1)  22.35      Support (s2)  22.28
  •   Resistance (r1)  22.56    Resistance (r2)  22.70
  •   Simple Moving Average (Close 50):  22.05  (Golden Cross)
  •   Simple Moving Average (Close 200)  22.01
  •   :: Close ( 3 days) above/below (+/-) sma200  +0.420 (+1.91%)
  •   :: 52 week performance -0.31%  YTD performance  +3.36%
  •   The projected closing price is: 22.48. 
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  Closed 12/24 up @ 15.74
  •   :: Pivot point    15.36
  •   Support (s1)   14.83      Support (s2)  13.93
  •   Resistance (r1)  16.26    Resistance (r2)  16.79
  •   Simple Moving Average (Close 50):  16.70
  •   :: 52 week performance   +4.52%  YTD performance  -18.02%
     –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Monday, 12/28/2015
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,    17,579.26 17,516.87
  •   Nasdaq,        5,065.70 5,046.07
  •   S&P 500,       2,064.18 2,055.55
  •   Russell 1000,  1,143.20 1,138.20
  •   Russell 2000,  1,161.29 1,153.18
  •   Russell 3000,  1,218.97 1,213.40
  •   CBOE TNX,         22.53    22.32
  •   Volatility,       16.53    15.10
   —     —     —     —     —     —     —     —     —
    ————  for Monday, 12/28/2015   —————-

( x)   All Links can be opened in a new tab or new window …

( 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)

Hope the above Index Support and Resistance calculations for Monday, 12/28/2015 help your investing and trading today …

Advertisements

One thought on “Index Support and Resistance for Monday, 12/28/2015

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