Index Support and Resistance for Wednesday, 1/6/2016

Below you will find the Index Support and Resistance for Wednesday, 1/6/2016 as calculated from the changes in Index points through Tuesday, 1/5/2016’s close.

 

Index chart 20160105

 ( Index Performance Tue 1/5 )
  • Dow Jones    17,158.66  +9.72  (0.06%)  (chart: blue)
  • Nasdaq        4,891.43  -11.66 (-0.24%) (chart: gold)
  • S&P 500       2,016.71  +4.05  (0.20%)  (chart: red)
  •         ————–
  • Rus 1k (RUI)  1,116.84  -15.05 (-1.33%)
  • Rus 2k (RUT)  1,110.44   +1.81 (+0.16%)
  • Rus 3k (RUA)  1,189.23   +2.10 (+0.18%)
  • CBOE (TNX)       22.48   +0.03 (+0.13%)
  • Volatility (VIX) 19.34  -1.36 (-6.57%)
 I. a. Select stocks of interest, from Tuesday, 1/5/2016
  • AAPL  102.71  -2.64 (-2.51%)   After Hours: 102.25 -0.46 (-0.45%)
  • C      50.87  -0.30 (-0.59%)
  • CHK     5.01  +0.04 (+0.80%)
  • GE     30.75  +0.04 (+0.11%)   After Hours: 30.72 -0.03 (-0.08%)
  • JCP     7.16  +0.19 (+2.73%)   After Hours:  7.15 -0.01 (-0.14%)
  • MPC    50.60  -0.64 (-1.25%)   After Hours: 50.60 0.00 (0.00%)
  • MU     14.82  +0.49 (+3.42%)   After Hours: 14.84 +0.02 (0.14%)
  • VRNG    2.42  -0.02 (-0.82%)   After Hours: 2.35 -0.07 (-2.89%)
  • VZ     46.52  +0.65 (+1.42%)   After Hours: 46.50 -0.02 (-0.04%)
 I. b. Sector summary from Tuesday, 1/5/2016
  • Sector Change +/-% (best (or least worst) to worst)
  • Utilities  …………………………….. +0.66%
  • Non-Cyclical Cons. Goods ………. +0.60%
  • Healthcare  ………………………….. +0.52%
  • Telecommunications Srvcs ………. +0.43%
  • Financials  …………………………… +0.21%
  • Industrials  ………………………….. +0.09%
  • Cyclical Cons. Goods …………. -0.10%
  • Basic Materials  ………………. -0.17%
  • Energy  ………………………… -0.20%
  • Technology  ………………….. -0.44%
 II. Bonds, and/or Currencies, and/or Commodities from Tuesday, 1/5/2016
  •   II. a.  USA  Bonds
  •     3 Month  0.18%  +0.01 (5.88%)
  •     6 Month  0.38%  -0.03 (-7.32%)
  • 2 Year  1.00%  -0.03 (-2.91%)
  • 5 Year  1.71%  -0.01 (-0.58%)
  • 10 Year  2.24%  0.00 (0.00%)
  • 30 Year  3.00%  +0.01 (0.33%)
 II. b.   US Energy Information Administration   (US EIA)

  • –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Wednesday, 1/6/2016
 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 1/5 up @ 17158.66
  •   :: Pivot point   17131.04
  •   Support (s1)  17066.23       Support (s2)   16973.81
  •   Resistance (r1)   17223.46   Resistance (r2)   17288.27
  •   Simple Moving Average (Close 50):    17614.88
  •   52 week performance   -1.96%  YTD performance -1.53%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  Closed 1/5 down @  4891.43
  •   :: Pivot point   4896.97
  •   Support (s1)  4867.20       Support (s2)  4842.98
  •   Resistance (r1)  4921.19    Resistance (r2)  4950.96
  •   Simple Moving Average (Close 50):  5053.14
  •   52 week performance  +6.50%  YTD performance  -2.32%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  Closed 1/5 up @ 2016.71
  •   :: Pivot point  2,014.27
  •   Support (s1)  2,006.61        Support (s2)  1,996.50
  •   Resistance (r1)  2,024.38     Resistance (r2)  2,032.04
  •   Simple Moving Average (Close 50):  2065.87
  •   52 week performance  0.70%     YTD performance  -1.33%
  •   :: Projected High: 2,053.24,   Projected Low:  2,034.32
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  Closed 1/5 up @ 1116.84
  •   :: Pivot point   1115.54
  •   Support (s1)  1111.49     Support (s2)  1106.13
  •   Resistance (r1)  1120.90  Resistance (r2)  1124.95
  •   Simple Moving Average (Close 50):   1145.23
  •   52 week performance  -0.58%  YTD performance  -1.33%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  Closed 1/5 up @ 1110.44
  •   :: Pivot point  1109.29
  •   Support (s1)  1105.90     Support (s2)  1101.37
  •   Resistance (r1) 1113.82   Resistance (r2)  1117.21
  •   Simple Moving Average (Close 50):  1162.10
  •   52 week performance  -4.38%  YTD performance  -2.24%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  Closed 1/5 up @ 1189.23
  •   :: Pivot point   1187.84
  •   Support (s1)   1183.62     Support (s2)  1178.01
  •   Resistance (r1)  1193.45   Resistance (r2)  1197.67
  •   Simple Moving Average (Close 50):   1221.94
  •   52 week performance  -1.23%  YTD performance  -1.40%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  Closed 1/5 up @ 22.48
  •   :: Pivot point    22.45
  •   Support (s1)  22.28       Support (s2)  22.09
  •   Resistance (r1)  22.64    Resistance (r2)  22.81
  •   Simple Moving Average (Close 50):  22.31  (Golden Cross)
  •   Simple Moving Average (Close 200)  22.07
  •   :: Close ( 9 days) above/below (+/-) sma200  +0.410 (+1.857%)
  •   :: 52 week performance  +14.52%  YTD performance  -0.93%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  Closed 1/5 down @ 19.34
  •   :: Pivot point    19.88
  •   Support (s1)   18.71      Support (s2)  18.07
  •   Resistance (r1)  20.52    Resistance (r2)  21.69
  •   Simple Moving Average (Close 50):  17.05
  •   :: 52 week performance   +0.16%  YTD performance  +6.21%
  •      –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Wednesday, 1/6/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,    17,507.85 17,338.35
  •   Nasdaq,        5,032.74 4,981.69
  •   S&P 500,       2,053.24 2,034.32   for1/4
  •   Russell 1000,  1,137.01 1,126.63
  •   Russell 2000,  1,142.61 1,128.85
  •   Russell 3000,  1,211.61 1,200.44
  •   CBOE TNX,         22.85    22.51
  •   Volatility,       20.74    17.86
  •    —     —     —     —     —     —     —     —     —

——  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 Wednesday, 1/6/2016  help your investing and trading today …
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