Index Support and Resistance for Thursday, 1/7/2016

Below you will find the Index Support and Resistance for Thursday, 1/7/2016 as calculated from the changes in Index points through Wednesday, 1/6/2016 ’s close.

 Index chart 20160106
( Index Performance Chart  Wed 1/6 )
  • Dow Jones    16,906.51  -252.15  (-1.47%)  (chart: blue)
  • Nasdaq        4,835.77   -55.67  (-1.14%)  (chart: gold)
  • S&P 500       1,990.26   -26.45  (-1.31%)  (chart: red)
  •   ————————
  • Rus 1k (RUI)  1,101.81  -15.03 (-1.35%)
  • Rus 2k (RUT)  1,094.37  -16.07 (-1.45%)
  • Rus 3k (RUA)  1,173.14  -16.09 (-1.35%)
  • CBOE (TNX)       21.77   -0.71 (-3.16%)
  • Volatility (VIX) 20.59   +1.25 (+6.46%)
 I. a. Select stocks of interest, from Wednesday, 1/6/2016
  • AAPL  100.70  -2.01 (-1.96%)   After Hours: 100.96 +0.26 (0.26%)
  • C      50.13  -0.73 (-1.44%)
  • CHK     4.69  -0.32 (-6.39%)   After Hours: 4.73 +0.04 (0.85%)
  • GE     30.27  -0.47 (-1.53%)   After Hours: 30.30 +0.03 (0.10%)
  • JCP     7.00  -0.16 (-2.23%)
  • MPC    48.72  -1.87 (-3.70%)   After Hours: 48.72 0.00 (0.00%)
  • MU     14.22  -0.60 (-4.05%)   After Hours: 14.26 +0.04 (0.28%)
  • VRNG    2.20  -0.22 (-9.09%)   After Hours: 2.29 +0.09 (3.96%)
  • VZ     45.53  -0.99 (-2.13%)   After Hours: 45.64 +0.11 (0.24%)
 I. b. Sector summary from Wednesday, 1/6/2016
  • Sector Change +/-% (best (or least worst) to worst) 
  • Utilities  ……………………………………….. -0.46%
  • Non-Cyclical Cons. Goods ………………… -0.65%
  • Healthcare  ……………………………….. -0.94%
  • Telecommunications Srvcs …………. -1.12%
  • Cyclical Cons. Goods ………………  -1.24%
  • Technology  ………………………. -1.33%
  • Industrials  …………………….. -1.49%
  • Financials  ………………….. -1.54%
  • Basic Materials  …………… -3.02%
  • Energy  …………………… -3.61%
 II. Bonds, and/or Currencies, and/or Commodities from Wednesday, 1/6/2016

  II. a.  USA  Bonds  

  •     3 Month  0.18%  +0.02 (12.50%)
  •     6 Month  0.41%  +0.01 (2.50%)
  • 2 Year  0.96%  -0.03 (-3.03%)
  • 5 Year  1.64%  -0.04 (-2.38%)
  • 10 Year  2.17%  -0.03 (-1.36%)
  • 30 Year  2.94%  -0.02 (-0.68%)
 II. b.  US Energy Information Administration   (US EIA)

  • –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Thursday, 1/7/2016
 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 1/6 down @ 16906.51
  •   :: Pivot point   16959.65
  •   Support (s1)  16764.48       Support (s2)   16622.44
  •   Resistance (r1)   17101.69   Resistance (r2)   17296.86
  •   Simple Moving Average (Close 50):    17600.26
  •   52 week performance   -2.68%  YTD performance -2.98%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  Closed 1/6 down @  4835.76
  •   :: Pivot point   4835.50
  •   Support (s1)  4804.95       Support (s2)  4774.15
  •   Resistance (r1)  4866.30    Resistance (r2)  4896.85
  •   Simple Moving Average (Close 50):  5049.22
  •   52 week performance  +3.98%  YTD performance  -3.43%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  Closed 1/6 down @  1990.26
  •   :: Pivot point  1993.67
  •   Support (s1)  1975.64        Support (s2)  1961.01
  •   Resistance (r1)  2008.30     Resistance (r2)  2026.33
  •   Simple Moving Average (Close 50):  2064.22
  •   52 week performance  -1.76%  YTD performance  -2.63%
  •   :: Projected High: 2,000.99,   Projected Low:  1968.33
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  Closed 1/6 down @ 1101.81
  •   :: Pivot point   1104.63
  •   Support (s1)  1092.85     Support (s2)  1083.89
  •   Resistance (r1)  1113.59  Resistance (r2)  1125.37
  •   Simple Moving Average (Close 50):   1144.25
  •   52 week performance  -1.03%  YTD performance  -2.66%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  Closed 1/6 down @ 1094.37
  •   :: Pivot point  1097.53
  •   Support (s1)  1085.61     Support (s2)  1076.84
  •   Resistance (r1) 1106.30   Resistance (r2)  1118.22
  •   Simple Moving Average (Close 50):  1160.77
  •   52 week performance  -6.94%  YTD performance  -3.66%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  Closed 1/6 down @ 1173.14
  •   :: Pivot point   1176.18
  •   Support (s1)   1163.60     Support (s2)  1154.05
  •   Resistance (r1)  1185.73   Resistance (r2)  1198.31
  •   Simple Moving Average (Close 50):   1221.16
  •   52 week performance   -4.25%  YTD performance  -2.73%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  Closed 1/6 down @ 21.77
  •   :: Pivot point    21.87
  •   Support (s1)  21.66       Support (s2)  21.54
  •   Resistance (r1)  21.99    Resistance (r2)  22.20
  •   Simple Moving Average (Close 50):  22.34  (Golden Cross)
  •   Simple Moving Average (Close 200)  22.08
  •   :: Close ( 1 days) above/below (+/-) sma200  -0.313 (-1.415%)
  •   :: 52 week performance  +11.41%  YTD performance  -4.05%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  Closed 1/6 up @ 20.59
  •   :: Pivot point    20.75
  •   Support (s1)   19.64      Support (s2)  18.69
  •   Resistance (r1)  21.70    Resistance (r2)  22.81
  •   Simple Moving Average (Close 50):  17.16
  •   :: 52 week performance   +21.05%  YTD performance  +13.07%
  •      –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Thursday, 1/7/2016
  • Index,  :: Projected High,  Projected Low
    Dow Jones,
    Nasdaq,
    S&P 500,       2,000.99      1,968.33
    Russell 1000,
    Russell 2000,
    Russell 3000,
    CBOE TNX,
    Volatility,
  •    —     —     —     —     —     —     —     —     —

——  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 ]

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Hope the above Index Support and Resistance calculations for Thursday, 1/7/2016 help your investing and trading today …

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