Index Support and Resistance for Friday, 1/8/2016

 Below you will find the Index Support and Resistance for Friday, 1/8/2016 as calculated from the changes in Index points through Thursday, 1/7/2016’s  close.
 ( Indexes THU 1/7 )  Index chart 20160107
  • Dow Jones    16,514.10  -392.41  (-2.32%)  (chart: blue)
  • Nasdaq           4,689.43  -146.34  (-3.03%)   (chart: gold)
  • S&P 500          1,943.09    -47.17  (-2.37%)   (chart: red)
  •   ——————
  • Rus 1k (RUI)  1,075.29  -26.52 (-2.41%)
  • Rus 2k (RUT)  1,064.57  -29.80 (-2.72%)
  • Rus 3k (RUA)  1,144.62  -28.52 (-2.43%)
  • CBOE (TNX)       21.53   -0.24 (-1.10%)
  • Volatility (VIX) 24.99   +4.40 (21.37%)
 I. a. Select stocks of interest, from Thursday, 1/7/2016
  • AAPL   96.45  -4.25 (-4.22%)   After Hours: 95.62 -0.83 (-0.86%)
  • C           47.57  -2.55 (-5.09%)   After Hours: 47.70 +0.13 (0.27%)
  • CHK        4.41  -0.27 (-5.77%)   After Hours: 4.40 -0.01 (-0.23%)
  • GE         28.99  -1.26 (-4.17%)   After Hours: 29.07 +0.08 (0.28%)
  • JCP          7.26  +0.26 (+3.64%)   After Hours: 7.17 -0.09 (-1.17%)
  • MPC     47.99  -0.73 (-1.50%)   After Hours: 47.99 0.00 (0.00%)
  • MU        13.66  -0.56 (-3.94%)   After Hours: 13.69 +0.03 (0.22%)
  • VRNG     1.99  -0.21 (-9.55%)   After Hours: 2.00 +0.01 (0.50%)
  • VZ         45.27  -0.25 (-0.55%)   After Hours: 45.35 +0.08 (0.18%)
 I. b. Sector summary from Thursday, 1/7/2016
  • Sector Change +/-% (best (or least worst) to worst) 
  • Utilities  …………………… -1.32%
  • Non-Cyclical Cons. Goods ………. -1.51%
  • Telecommunications Srvcs ………. -1.73%
  • Cyclical Cons. Goods ………….. -1.88%
  • Healthcare  ………………….. -2.30%
  • Financials  ………………….. -2.54%
  • Industrials  …………………. -2.77%
  • Technology  ………………….. -2.89%
  • Energy  ………………….. -3.01%
  • Basic Materials  …………. -3.10%

 II. Bonds, and/or Currencies, and/or Commodities from Thursday, 1/7/2016

  II. a.  USA  Bonds

  • 3 Month  0.20%  +0.03 (17.65%)
  • 6 Month  0.45%  +0.04 (9.76%)
  • 2 Year  0.95%  -0.01 (-1.04%)
  • 5 Year  1.59%  -0.03 (-1.85%)
  • 10 Year  2.14%  -0.02 (-0.93%)
  • 30 Year  2.93%  -0.01 (-0.34%)
 II. b.  US Energy Information Administration   (US EIA)

  • –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Friday, 1/8/2016
 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 1/7 down @ 16514.10
  •   :: Pivot point   16622.03
  •   Support (s1)  16355.70       Support (s2)   16197.30
  •   Resistance (r1)   16780.43   Resistance (r2)   17046.76
  •   Simple Moving Average (Close 50):    17578.47
  •   52 week performance   -6.09%  YTD performance -5.23%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  Closed 1/7 down @  4689.43
  •   :: Pivot point   4721.87
  •   Support (s1)  4655.73       Support (s2)  4622.02
  •   Resistance (r1)  4755.58    Resistance (r2)  4821.72
  •   Simple Moving Average (Close 50):  5042.31
  •   52 week performance  -0.99%  YTD performance  -6.35%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  Closed 1/7 down @  1943.09
  •   :: Pivot point  1955.75
  •   Support (s1)  1926.17        Support (s2)  1909.26
  •   Resistance (r1)  1972.66     Resistance (r2)  2002.24
  •   Simple Moving Average (Close 50):  2061.71
  •   52 week performance  -5.77%  YTD performance  -4.93%
  •   :: Projected High: 1,964.21,   Projected Low:  1,917.72
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  Closed 1/7 down @ 1075.29
  •   :: Pivot point   1082.85
  •   Support (s1)  1065.52     Support (s2)  1055.75
  •   Resistance (r1)  1092.62  Resistance (r2)  1109.95
  •   Simple Moving Average (Close 50):   1142.78
  •   52 week performance  -4.53%  YTD performance  -5.00%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  Closed 1/7 down @ 1064.57
NOTE:  new 52 week low: 1063.84   (Bearish)
  •   :: Pivot point  1073.12
  •   Support (s1)  1055.29     Support (s2)  1046.01
  •   Resistance (r1) 1082.40   Resistance (r2)  1100.23
  •   Simple Moving Average (Close 50):  1159.12
  •   52 week performance  -11.00%  YTD performance  -6.28%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  Closed 1/7 down @ 1144.62
  •   :: Pivot point   1152.78
  •   Support (s1)   1134.28     Support (s2)  1123.93
  •   Resistance (r1)  1163.13   Resistance (r2)  1181.63
  •   Simple Moving Average (Close 50):   1220.09
  •   52 week performance   -5.80%  YTD performance  -5.10%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  Closed 1/7 down @ 21.53
  •   :: Pivot point    21.69
  •   Support (s1)  21.37       Support (s2)  21.22
  •   Resistance (r1)  21.84    Resistance (r2)  22.16
  •   Simple Moving Average (Close 50):  22.36
  •   Simple Moving Average (Close 200)  22.10
  •   :: Close ( 2 days) above/below (+/-) sma200  -0.566 (-2.559%)
  •   :: 52 week performance  +6.80%  YTD performance  -5.11%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  Closed 1/7 up @ 24.99
  •   :: Pivot point    24.42
  •   Support (s1)   22.97      Support (s2)  20.96
  •   Resistance (r1)  26.43    Resistance (r2)  27.88
  •   Simple Moving Average (Close 50):  17.35
  •   :: 52 week performance   +42.39%  YTD performance  +37.23%
     –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Friday, 1/8/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,    16,701.23 16,276.50
  •   Nasdaq,        4,738.73  4,638.88
  •   S&P 500,       1,964.21  1,917.72
  •   Russell 1000,  1,087.74  1,060.64
  •   Russell 2000,  1,077.76        1,050.65
  •   Russell 3000,  1,157.96  1,129.11
  •   CBOE TNX,         21.77 21.30
  •   Volatility,       27.16 23.70
—     —     —     —     —     —     —     —     —

——  Monday, 1/4/2016 thru Friday 1/8/2016  ——-

  •  ( 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:

 (4)  Chesapeake Energy Corp (NYSE: CHK)
  [ Blogs ]

 
Hope the above Index Support and Resistance calculations for Friday, 1/8/2016 help your investing and trading today …

 

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