Index Support and Resistance for Wednesday, 1/13/2016

     Below you will find the Index Support and Resistance for Wednesday, 1/13/2016 as calculated from the changes in Index points through Tuesday, 1/12/2016’s close.

China reported exports dipped just 1.4 percent in U.S. dollar terms in December, compared to analysts  forecasts of an 8 percent drop, surprising world markets.

  China, the world’s second biggest oil consumer, has been taking advantage of the crude  price rout to build new crude storage, add to strategic petroleum reserves, authorized “teapot” refineries to import & store crude and increase exports of refined products, and may be set to overtake the United States as the world’s largest crude importer.
  The Russell 2000 (INDEX RUSSELL: RUT) has some cause for concern with the 4th successive new 52 week low, now at 1028.14  points.
     Index chart 20160112

  ( Index performance TUE 1/12 )

  • Dow Jones    16,516.22  +117.65  (+0.72%)  (chart: blue)
  • Nasdaq        4,685.92   +47.93  (+1.03%)   (chart: gold)
  • S&P 500       1,938.68   +15.01  (+0.78%)     (chart: red)
  •   ——————————————-
  • Rus 1k (RUI)  1,071.28  +7.63 (0.72%)
  • Rus 2k (RUT)  1,044.70  +2.80 (0.27%)
  • Rus 3k (RUA)  1,139.06  +7.74 (0.68%)
  • CBOE (TNX)       21.02  -0.56 (-2.59%)
  • Volatility (VIX)  22.47  -1.83 (-7.53%)
 I. a. Select stocks of interest, from Tuesday, 1/12/2016
  • AAPL   99.96  +1.43 (+1.45%)   After Hours: 100.26 +0.30 (0.30%)
  • C      46.89  +0.04 (+0.09%)   After Hours: 47.00 +0.11 (0.23%)
  • CHK     4.05  -0.12 (-2.88%)   After Hours: 4.05 0.00 (0.00%)
  • GE     28.63  +0.05 (+0.17%)
  • JCP     7.30  +0.00 (+0.00%)
  • MPC    46.39  +0.67 (+1.47%)   After Hours: 46.39 0.00 (0.00%)
  • MU     12.72  +0.19 (+1.52%)   After Hours: 12.71 -0.01 (-0.08%)
  • VRNG    1.86  -0.04 (-2.11%)
  • VZ     44.92  -0.17 (-0.38%)
 I. b. Sector summary from Tuesday, 1/12/2016
Sector Change +/-% (best (or least worst) to worst)  
  • Healthcare ………………………………. +1.03%
  • Cyclical Cons. Goods ………………….. +0.96%
  • Technology  ……………………………… +0.94%
  • Industrials  ………………………………. +0.82%
  • Non-Cyclical Cons. Goods …………… +0.49%
  • Financials ……………………………….. +0.41%
  • Telecommunications Srvcs …………. +0.28%
  • Energy ………………………………  -0.22%
  • Utilities ……………………………  -0.67%
  • Basic Materials …………………. -0.75%
 II. Bonds, and/or Currencies, and/or Commodities from Tuesday, 1/12/2016

  II. a.  USA  Bonds 

  • 3 Month  0.18%  -0.01 (-5.26%)
  • 6 Month  0.42%  0.00 (0.00%)
  • 2 Year  0.92%  -0.02 (-2.13%)
  • 5 Year  1.54%  -0.06 (-3.75%)
  • 10 Year  2.10%  -0.08 (-3.67%)
  • 30 Year  2.88%  -0.09 (-3.03%)
 II. b.   US Energy Information Administration   (US EIA)

  •      –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Wednesday, 1/13/2016
  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 1/12 up @ 16516.22
  •   :: Pivot point   16476.55
  •   Support (s1)  16361.74       Support (s2)   16207.27
  •   Resistance (r1)   16631.02   Resistance (r2)   16745.83
  •   Simple Moving Average (Close 50):    17498.11
  •   52 week performance   -6.38%  YTD performance -5.22%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  Closed 1/12 up @  4685.92
  •   :: Pivot point   4672.92
  •   Support (s1)  4631.03       Support (s2)  4576.15
  •   Resistance (r1)  4727.80    Resistance (r2)  4769.69
  •   Simple Moving Average (Close 50):  5017.66
  •   52 week performance  +0.52%  YTD performance  -6.42%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  Closed 1/12 up @  1938.68
  •   :: Pivot point  1933.47
  •   Support (s1)  1919.56        Support (s2)  1900.44
  •   Resistance (r1)  1952.59     Resistance (r2)  1966.50
  •   Simple Moving Average (Close 50):  2052.02
  •   52 week performance  -4.17%  YTD performance  -5.15%
  •   :: Projected High: 1,959.55,   Projected Low:  1,926.52
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  Closed 1/12 up @ 1071.28
  •   :: Pivot point   1068.61
  •   Support (s1)  1060.39     Support (s2)  1049.50
  •   Resistance (r1)  1079.50  Resistance (r2)  1087.72
  •   Simple Moving Average (Close 50):   1137.49
  •   52 week performance  -5.02%  YTD performance  -5.35%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  Closed 1/12 up @ 1044.70
NOTE:  4th new 52 week low:       1028.14
  •   :: Pivot point  1043.25
  •   Support (s1)  1029.59       Support (s2)  1014.47
  •   Resistance (r1) 1058.37   Resistance (r2)  1072.03
  •   Simple Moving Average (Close 50):  1151.50
  •   52 week performance  -11.51%  YTD performance  -8.03%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  Closed 1/12 up @ 1139.06
  •   :: Pivot point   1136.31
  •   Support (s1)   1127.14       Support (s2)  1115.22
  •   Resistance (r1)  1148.23   Resistance (r2)  1157.40
  •   Simple Moving Average (Close 50):   1214.35
  •   52 week performance   -4.82%  YTD performance  -5.56%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  Closed 1/12 down @ 21.02
  •   :: Pivot point    21.27
  •   Support (s1)  20.57          Support (s2)  20.11
  •   Resistance (r1)  21.73    Resistance (r2)  22.43
  •   Simple Moving Average (Close 50):  22.40
  •   Simple Moving Average (Close 200)  22.13
  •   :: Close ( 5 days) above/below (+/-) sma200  -1.112 (-5.026%)
  •   :: 52 week performance  +11.22%  YTD performance  -7.36%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  Closed 1/12 down @ 22.47
  •   :: Pivot point    22.77
  •   Support (s1)   21.61      Support (s2)  20.75
  •   Resistance (r1)  23.63    Resistance (r2)  24.79
  •   Simple Moving Average (Close 50):  17.96
  •   :: 52 week performance   +4.61%  YTD performance  +23.39%
     –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Wednesday, 1/13/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,    16,688.43  …  16,419.15
  •   Nasdaq,        4,748.75  …   4,651.98
  •   S&P 500,       1,959.55  …   1,926.52
  •   Russell 1000,  1,083.61  …   1,064.50
  •   Russell 2000,  1,050.81  …   1,022.03
  •   Russell 3000,  1,152.82  …   1,131.73
  •   CBOE TNX,         21.50  …      20.34
  •   Volatility,       23.20  …      21.18

——  Monday, 1/11/2016 thru Friday 1/15/2016  ——-

  •  ( 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)
 
 
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Hope the above Index Support and Resistance calculations for Wednesday, 1/13/2016 help your investing and trading today …

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4 thoughts on “Index Support and Resistance for Wednesday, 1/13/2016

  1. As of approximately 12:25 PM ET
    Dow Jones 16,434.21 -82.01 (-0.50%)
    Nasdaq 4,640.80 -45.12 (-0.96%)
    S&P 500 1,929.11 -9.57 (-0.49%)

    Only 2 sectors are up:
    Telecommunications Srvcs … +0.33%
    Utilities … +0.17%

    The worst two sectors:
    Energy … -1.01%
    Cyclical Cons. Goods … -1.07%

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  2. Index performance Wednesday, 1/13/2016
    Dow Jones 16,151.41 -364.81 (-2.21%) (chart: blue)
    Nasdaq 4,526.06 -159.85 (-3.41%) (chart: gold)
    S&P 500 1,890.28 -48.40 (-2.50%) (chart: red)
    ——————————————-
    Rus 1k (RUI) 1,043.97 -27.30 (-2.55%)
    Rus 2k (RUT) 1,010.19 -34.51 (-3.30%)
    Rus 3k (RUA) 1,109.39 -29.67 (-2.60%)
    CBOE (TNX) 20.66 -0.36 (-1.71%)
    Volatility (VIX) 25.22 +2.75 (12.24%)

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  3. I. b. Sector summary from Wednesday, 1/13/2016

    Sector Change +/-% (best (or least worst) to worst)
    Utilities ………………………. -0.42%
    Telecommunications Srvcs …………. -1.07%
    Non-Cyclical Cons. Goods …………. -1.60%
    Basic Materials ………………………… -1.70%
    Energy …………………………………… -2.22%
    Industrials …………………………. -2.28%
    Financials ………………………… -2.44%
    Healthcare ………………….. -2.57%
    Technology ………………….. -2.77%
    Cyclical Cons. Goods …………. -2.84%

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  4. II. a. USA Bonds from Wednesday, 1/13/2016
    3 Month 0.19% +0.03 (18.75%)
    6 Month 0.41% 0.00 (0.00%)
    2 Year 0.90% -0.04 (-4.26%)
    5 Year 1.52% -0.04 (-2.56%)
    10 Year 2.08% -0.04 (-1.89%)
    30 Year 2.87% -0.02 (-0.69%)

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