Index Charts thru Friday’s close

Below you will find the Index Charts and brief  DAILY chart analyses  that are demonstrating more, and more, contrarian indications suggesting a bottoming process  may be, or is, taking place.  The pre-market E-mini futures are pointing to a positive “green” markets open.   See also:  Index Support and Resistance for Tuesday, 1/19/2016  as calculated from the changes in Index points through Friday, 1/15/2016’s close.

 

The US markets were closed for the Martin Luther King federal holiday on Monday.

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DJIA 20160115

 IDOW JONES INDU AVE (DJIA .DJI)
For 1/15/2016 the closing was 15,988.0801 points.
Overall, the bias in prices is: Downwards.
Short term: Prices are moving.
Intermediate term: Prices are trending.
Please Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction towards 17,072.45.
The upper projected  target is: 16,507.87.
The lower projected  target is: 15,391.08.
The projected closing price is: 15,949.48.
Please Note: these price projections are for reference only, and can be easily exceeded, up or down,  by the Mr. & Ms. Fickle Markets.
NAS 20160115
 II.  NAS/NMS COMPSITE (IXIC .IXIC)
For 1/15/2016 the closing was 4,488.4199 points.
Overall, the bias in prices is: Downwards.
Short term: Prices are moving.
Intermediate term: Prices are trending.
Please Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction towards 4,862.26.
The upper projected  target is: 4,656.76.
The lower projected  target is: 4,293.81.
The projected closing price is: 4,475.29.
Please Note: these price projections are for reference only, and can be easily exceeded, up or down,  by the Mr. & Ms. Fickle Markets.
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S&P500 20160115

 

 III.  S&P 500 INDEX (SPX  .SPX)
For 1/15/2016 the closing price was 1,880.3300.
Overall, the bias in prices is: Downwards.
Short term: Prices are moving.
Intermediate term: Prices are trending.
Please Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction towards 2,005.26.
The upper projected  target is: 1,942.41.
The lower projected  target is: 1,809.07.
The projected closing price is: 1,875.74.
Please Note: these price projections are for reference only, and can be easily exceeded, up or down,  by the Mr. & Ms. Fickle Markets.
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——  Monday, 1/18/2016 thru Friday 1/22/2016  ——-

  •  ( 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 Charts calculations for Tuesday, 1/19/2016  help your investing and trading today …

 

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