Index Support and Resistance for Friday, 1/15/2016

  Below you will find the Index Support and Resistance for Thursday, 1/14/2016 as calculated from the changes in Index points through Thursday, 1/14/2016’s close.
  The Russell 2000 (INDEX RUSSELL: RUT) has been repeated daily  cause for concern, now  with the 6th successive new 52 week low, now at 999.62 points.  As of yesterday’s close, the Russell 3000 (INDEX RUSSELL: RUA) has its 2d new 52 week low  … now at: 1101.41 points.   Also as of yesterday’s close, the Russell 1000 (INDEX RUSSELL: RUI) has its 2d new 52 week low  … now at:  1036.74 points.
  On a crazy day like this, when Mr. & Ms. Fickle Markets trashed the supports at the market  open, I am holding other analyses as drafts to see how the markets close, and then update them as appropriate before posting them here.
Index chart 20160114
  •    Index performance from Thursday, 1/14/2016
  • Dow Jones    16,379.05  +227.64  (+1.41%)   (chart: blue)
  • Nasdaq            4,615.00    +88.94  (+1.97%)   (chart: gold)
  • S&P 500           1,921.84      +31.56  (+1.67%)    (chart: red)
  •   ——————————————-
  • Rus 1k (RUI)  1,060.61  +16.63 (+1.59%)
  • Rus 2k (RUT)  1,025.67  +15.48 (+1.53%)
  • Rus 3k (RUA)  1,127.02  +17.63 (+1.59%)
  • CBOE (TNX)         20.98   +0.32 (+1.55%)
  • Volatility(VIX)     23.95   -1.27 (-5.04%)
 I. a. Select stocks of interest, from Thursday, 1/14/2016
  • AAPL   99.52  +2.13 (+2.19%)   After Hours: 99.25 -0.27 (-0.27%)
  • C      45.38  +0.19 (+0.42%)
  • CHK     3.71  +0.07 (+1.78%)
  • GE     29.05  +0.81 (+2.87%)   After Hours: 29.07 +0.02 (+0.07%)
  • JCP     7.31  -0.05 (-0.68%)   After Hours:  7.31 +0.00 (+0.00%)
  • MPC    43.66  +1.38 (+3.26%)   After Hours: 44.00 +0.34 (+0.78%)
  • MU     12.02  -0.04 (-0.33%)   After Hours: 11.89 -0.13 (-1.08%)
  • VRNG    1.81  +0.06 (+3.43%)
  • VZ     44.87  +0.72 (+1.63%)   After Hours: 44.88 +0.01 (+0.02%)
 I. b. Sector summary from Thursday, 1/14/2016
  • Sector Change +/-% (best (or least worst) to worst)
  • Energy ………………..       ……….  +4.33%
  • Healthcare ………………     ……… +2.15%
  • Technology ……….    …………….. +2.05%
  • Basic Materials …….   …………… +2.02%
  • Utilities ………        ………………  +1.81%
  • Telecommunications Srvcs …………. +1.37%
  • Industrials ………….              …………  +1.33%
  • Financials ………..              ……………. +1.02%
  • Cyclical Cons. Goods …..      …. …….. +0.53%
  • Non-Cyclical Cons. Goods …… ……. +0.41%
 II. Bonds, and/or Currencies, and/or Commodities from Thursday, 1/14/2016
  II. a.  USA  Bonds
  • 3 Month  0.24%  +0.04 (20.00%)
  • 6 Month  0.41%  -0.03 (-6.82%)
  • 2 Year  0.89%  -0.03 (-3.26%)
  • 5 Year  1.51%  -0.02 (-1.31%)
  • 10 Year  2.09%  +0.01 (0.48%)
  • 30 Year  2.89%  +0.03 (1.05%)
 II. b.  US Energy Information Administration   (US EIA)

 III.  Index Support and Resistance for Friday, 1/15/2016
 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 1/14 up @ 16379.05
  •   :: Pivot point   16312.07
  •   Support (s1)  16142.10       Support (s2)   15905.14
  •   Resistance (r1)   16549.03   Resistance (r2)   16719.00
  •   Simple Moving Average (Close 50):    17432.47
  •   52 week performance   -6.01%  YTD performance -6.00%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  Closed 1/14 up @  4615.00
  •   :: Pivot point   4578.71
  •   Support (s1)  4506.88       Support (s2)  4398.75
  •   Resistance (r1)  4686.84    Resistance (r2)  4758.67
  •   Simple Moving Average (Close 50):  4996.86
  •   52 week performance  +0.97%  YTD performance  -7.84%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  Closed 1/14 up @  1921.84
  •   :: Pivot point  1911.75
  •   Support (s1)  1889.02        Support (s2)  1856.21
  •   Resistance (r1)  1944.56     Resistance (r2)  1967.29
  •   Simple Moving Average (Close 50):  2043.83
  •   52 week performance  -3.55%  YTD performance  -5.97%
  •   :: Projected High: 1,955.93,   Projected Low:  1,900.39
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  Closed 1/14 up @ 1060.61
NOTE:  2d consecutive new 52 week low: 1036.74
  •   :: Pivot point   1054.94
  •   Support (s1)  1042.41     Support (s2)  1024.21
  •   Resistance (r1)  1073.14  Resistance (r2)  1085.67
  •   Simple Moving Average (Close 50):   1133.15
  •   52 week performance  -5.21%  YTD performance  -6.30%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  Closed 1/14 up @ 1025.67
   NOTE:  5th new 52 week low: 999.62
  •   :: Pivot point  1019.62
  •   Support (s1)  1005.67     Support (s2)  985.66
  •   Resistance (r1) 1039.63   Resistance (r2)  1053.58
  •   Simple Moving Average (Close 50):  1144.52
  •   52 week performance  -11.18%  YTD performance  -9.70%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  Closed 1/14 up @ 1127.02
   NOTE:  2d consecutive new 52 week low: 1101.41
  •   :: Pivot point   1120.95
  •   Support (s1)   1107.48     Support (s2)  1087.95
  •   Resistance (r1)  1140.48   Resistance (r2)  1153.95
  •   Simple Moving Average (Close 50):   1209.76
  •   52 week performance   -6.15%  YTD performance  -6.56%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  Closed 1/14 up @ 20.98
  •   :: Pivot point    20.92
  •   Support (s1)  20.60       Support (s2)  20.23
  •   Resistance (r1)  21.29    Resistance (r2)  21.61
  •   Simple Moving Average (Close 50):  22.37
  •   Simple Moving Average (Close 200)  22.15
  •   :: Close ( 7 days) above/below (+/-) sma200  -1.167 (-5.27%)
  •   :: 52 week performance  +18.20%  YTD performance  -7.54%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  Closed 1/14 down @ 23.95
  •   :: Pivot point    24.43
  •   Support (s1)   22.59      Support (s2)   21.22
  •   Resistance (r1)  25.80    Resistance (r2)  27.64
  •   Simple Moving Average (Close 50):  18.38
  •   :: 52 week performance   +14.32%  YTD performance  +31.52%
     –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Friday, 1/15/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,          16,634.02  …  16,227.09
  •   Nasdaq,                 4,722.76  …   4,542.80
  •   S&P 500,                1,955.93  …   1,900.39
  •   Russell 1000,       1,079.41  …   1,048.68
  •   Russell 2000,      1,046.61  …   1,012.65
  •   Russell 3000,      1,147.22  …   1,114.22
  •   CBOE TNX,         21.45  …      20.76
  •   Volatility,       25.12  …      21.91

——  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)
 
 
  [ Blogs ]

Hope the above Index Support and Resistance calculations for Friday, 1/15/2016 help your investing and trading today …

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