Index Support and Resistance for Tuesday, 1/5/2016

Below you will find the Index Support and Resistance for Tuesday, 1/5/2016 as calculated from the changes in Index points through Monday, 1/4/2016’s close.   This week, Mr. & Ms. Fickle Markets have a “wall of worry” to climb …

  • China’s weakening economy, faltering stock markets, and currency games;
  •      emerging markets currency devaluations;
  •      Trials & tribulations between Saudi Arabia and troublemaker Iran
  •      declining crude prices undermining the Energy Sector stocks
  •      and more …
 ( Indexes Mon 1/4 )  Indexes 20160104
  • Dow Jones    17,148.94  (-276.09) (-1.584)  (chart: blue)
  • Nasdaq        4,903.09  (-104.32) (-2.083)  (chart: gold)
  • S&P 500       2,012.66  ( -31.28) (-1.530)  (chart: red)
  •   ——————————————-
  • Rus 1k (RUI)  1,114.86  -17.03 (-1.50%)
  • Rus 2k (RUT)  1,108.62  -27.26 (-2.40%)
  • Rus 3k (RUA)  1,187.13  -18.97 (-1.57%)
  • CBOE (TNX)       22.36   -0.09 (-0.40%)
  • Volatility (VIX) 20.70   +2.49 (+13.674)
 I. a. Select stocks of interest, from Monday, 1/4/2016
  • AAPL  105.25  0.00 (0.00%)   Pre-market: 105.33 -0.02 (-0.02%)
  • C      51.17  +0.04 (0.08%)   After Hours: 51.25 +0.08 (0.16%)
  • CHK     4.97  +0.02 (0.40%)   After Hours: 4.87 -0.10 (-2.01%)
  • GE     30.73  +0.02 (0.07%)   After Hours: 30.69 -0.04 (-0.13%)
  • JCP     6.97  0.00 (0.00%)
  • MPC    51.24  0.00 (0.00%)
  • MU     14.33  0.00 (0.00%)   Pre-market: 14.36 +0.03 (0.21%)
  • VRNG    2.44  0.00 (0.00%)
  • VZ     45.88  0.00 (0.00%)    After Hours: 46.20 +0.32 (0.70%)
 I. b. Sector summary from Monday, 1/4/2016
  • Sector Change +/-% (best (or least worst) to worst)
  • Energy  ……………………………. -0.38%
  • Utilities  …………………………… -0.52%
  • Telecommunications Srvcs ……. -1.13%
  • Basic Materials …………………… -1.23%
  • Cyclical Cons. Goods ……………. -1.30%
  • Non-Cyclical Cons. Goods ……… -1.51%
  • Industrials  …………………. -1.70%
  • Technology  ……………….. -1.77%
  • Healthcare  ……………….. -1.84%
  • Financials  ……………….. -1.85%
 II. Bonds, and/or Currencies, and/or Commodities from Monday, 1/4/2016
  •   II. a.  USA  Bonds
  • 3 Month  0.16%  -0.01  (-5.88%)
  • 6 Month  0.40%  -0.05 (-11.11%)
  • 2 Year   1.03%   0.00   (0.00%)
  • 5 Year   1.73%  +0.01   (0.58%)
  • 10 Year  2.24%  +0.02   (0.90%)
  • 30 Year  2.98%  +0.02   (0.68%)
II. b.  US Energy Information Administration   

     III.  Index Support and Resistance for Tuesday, 1/5/2016
 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 1/4 down @ 17148.94
  •   :: Pivot point   17170.68
  •   Support (s1)  16935.89       Support (s2)   16722.83
  •   Resistance (r1)   17383.74   Resistance (r2)   17618.53
  •   Simple Moving Average (Close 50):    17624.84
  •   52 week performance   -3.84%  YTD performance -1.58%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  Closed 1/4 down @  4903.09
  •   :: Pivot point   4884.39
  •   Support (s1)  4865.68       Support (s2)  4828.28
  •   Resistance (r1)  4951.79    Resistance (r2)  4940.50
  •   Simple Moving Average (Close 50):  5053.71
  •   52 week performance  +5.38%  YTD performance  -2.08%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  Closed 1/4 down @ 2012.66
  •   :: Pivot point  2,013.51
  •   Support (s1)  1,988.83        Support (s2)  1,964.99
  •   Resistance (r1)  2,037.35     Resistance (r2)  2,062.03
  •   Simple Moving Average (Close 50):  2067.06
  •   52 week performance  -0.39%  YTD performance  -1.53%
  •   :: Projected High: 2,025.43,   Projected Low:  1,976.91
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  Closed 1/4 down @ 1114.86
  •   :: Pivot point   1115.16
  •   Support (s1)  1102.01     Support (s2)  1089.16
  •   Resistance (r1)  1128.01  Resistance (r2)  1141.16
  •   Simple Moving Average (Close 50):   1145.67
  •   52 week performance  -2.55%  YTD performance  -1.50%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  Closed 1/4 down @ 1108.62
  •   :: Pivot point  1114.41
  •   Support (s1)  1094.74     Support (s2)  1080.86
  •   Resistance (r1) 1128.29   Resistance (r2)  1147.96
  •   Simple Moving Average (Close 50):  1163.23
  •   52 week performance  -6.16%  YTD performance  -2.40%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  Closed 1/4 down @ 1187.13
  •   :: Pivot point   1187.86
  •   Support (s1)   1173.43     Support (s2)  1159.73
  •   Resistance (r1)  1201.56   Resistance (r2)  1215.99
  •   Simple Moving Average (Close 50):   1222.63
  •   52 week performance  -0.25%  YTD performance  -1.57%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  Closed 1/4 down @ 22.45
  •   :: Pivot point    22.30
  •   Support (s1)  22.15       Support (s2)  21.85
  •   Resistance (r1)  22.60    Resistance (r2)  22.75
  •   Simple Moving Average (Close 50):  22.28  (Golden Cross)
  •   Simple Moving Average (Close 200)  22.06
  •   :: Close ( 8 days) above/below (+/-) sma200  +0.393 (+1.784%)
  •   :: 52 week performance  +10.10%  YTD performance  -1.06%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  Closed 1/4 up @ 20.70
  •   :: Pivot point    21.58
  •   Support (s1)   19.79      Support (s2)  18.89
  •   Resistance (r1)  22.48    Resistance (r2)  24.27
  •   Simple Moving Average (Close 50):  16.95
  •   :: 52 week performance   -1.99%  YTD performance  +13.67%
     –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Tuesday, 1/5/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,
  •   Nasdaq,
  •   S&P 500,       2,025.43              1,976.91
  •   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 Tuesday, 1/5/2016 help your investing and trading today …

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