Index Support and Resistance for Tuesday, 1/19/2016

Below you will find the 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.

  The Russell 2000 (INDEX RUSSELL: RUT) has been repeated daily  cause for concern, now  with the 7th successive new 52 week low, now at 983.98 points.  As of yesterday’s close, the Russell 3000 (INDEX RUSSELL: RUA) has its 3d new 52 week low  … now at: 1088.67 points.   Also as of yesterday’s close, the Russell 1000 (INDEX RUSSELL: RUI) has its 3d new 52 week low  … now at: 1025.08 points.
On a crazy day like Friday, when Mr. & Ms. Fickle Markets trashed the supports at the market  open, I am holding my other analysis blogs as drafts to see how Friday’s markets close, and then I will update them as appropriate before posting them here.
Dow Jones
Nasdaq          Index chart 20160115
S&P 500
  • Index performance Friday, 1/15/2016
  • Dow Jones    15,988.08  -390.97  (-2.39%)   (chart: blue)
  • Nasdaq           4,488.42  -126.59  (-2.74%)   (chart: gold)
  • S&P 500          1,880.33   -41.51  (-2.16%)    (chart: red)
  •   ——————————————-
  • Rus 1k (RUI)    1,038.03  -22.58 (-2.13%)
  • Rus 2k (RUT)  1,007.72  -17.94 (-1.75%)
  • Rus 3k (RUA)  1,103.34  -23.68 (-2.10%)
  • CBOE (TNX)         20.33   -0.65 (-3.10%)
  • Volatility(VIX)    27.02   +3.07 (12.82%)
 I. a. Select stocks of interest, from Friday, 1/15/2016
  • AAPL   97.05  -2.47 (-2.48%)
  • C           42.47  -2.91 (-6.41%)
  • CHK        3.56  -0.15 (-4.04%)
  • GE        28.49  -0.57 (-1.96%)
  • JCP         7.01  -0.30 (-4.04%)
  • MPC    41.42  -2.24 (-5.13%)
  • MU       11.08  -0.94 (-7.82%)
  • VRNG    1.75  -0.06 (-3.31%)
  • VZ        44.42  -0.45 (-1.00%)
 I. b. Sector summary from Friday, 1/15/2016
  • Sector Change +/-% (best (or least worst) to worst)
  • Non-Cyclical Cons. Goods …………. -1.56%
  • Utilities …………………………………  -1.60
  • Healthcare ……………………………..  -1.91%
  • Industrials ……………………………..  -1.96%
  •   Cyclical Cons. Goods ……….,,…….. -2.01%
  • Telecommunications Srvcs ………… -2.52%
  • Basic Materials ……………………..  -2.61%
  • Financials …………………………  -2.72%
  • Technology ……………………..  -3.30%
  • Energy …………………………  -3.95%
 II. Bonds, and/or Currencies, and/or Commodities from Friday, 1/15/2016
  II. a.  USA  Bonds
  • 3 Month  0.23%  -0.01 (-4.17%)
  • 6 Month  0.35%  -0.02 (-5.41%)
  • 2 Year  0.83%  0.00 (0.00%)
  • 5 Year  1.45%  +0.04 (2.84%)
  • 10 Year  2.04%  +0.02 (0.99%)
  • 30 Year  2.82%  -0.01 (-0.35%)
 II. b.  US Energy Information Administration   (US EIA)

 

III.  Index Support and Resistance for Tuesday, 1/19/2016

 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 1/15 down @ 15988.08
  •   :: Pivot point   16,061.51
  •    Support (s1)  15,768.68           Support (s2)   15,549.29
  •   Resistance (r1)   16,280.90   Resistance (r2)   16,573.73
  •   Simple Moving Average (Close 50):    17394.12
  •   52 week performance   -7.69%  YTD performance -8.25%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  Closed 1/15 down @  4488.42
  •   :: Pivot point   4476.09
  •   Support (s1)  4431.74      Support (s2)  4375.05
  •   Resistance (r1)  4532.78    Resistance (r2)  4577.13
  •   Simple Moving Average (Close 50):  4983.73
  •   52 week performance  -3.15%  YTD performance  -10.36%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  Closed 1/15 down @  1880.33
  •   :: Pivot point  1,884.95
  •   Support (s1)  1,853.21       Support (s2)  1,826.10
  •   Resistance (r1)  1,912.06     Resistance (r2)  1,943.80
  •   Simple Moving Average (Close 50):  2039.30
  •   52 week performance  -6.89%  YTD performance  -8.00%
  •   :: Projected High: 1,898.51,   Projected Low:  1,839.66
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
 
  Closed 1/15 down @ 1038.03
   NOTE:  3d consecutive new 52 week low: 1025.08
 
  •   :: Pivot point   1,040.45
  •   Support (s1)  1,022.66     Support (s2)  1,007.30
  •   Resistance (r1)  1,055.81  Resistance (r2)  1,073.60
  •   Simple Moving Average (Close 50):   1,130.50
  •   52 week performance  -6.34%  YTD performance  -8.29%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  Closed 1/15 down @ 1007.72
   NOTE:  7th consecutive new 52 week low: 983.98
  •   :: Pivot point  1,005.21
  •   Support (s1)  986.49       Support (s2)  965.27
  •   Resistance (r1)  1,026.43  Resistance (r2)  1,045.15
  •   Simple Moving Average (Close 50):  1,140.80
  •   52 week performance  -14.36%  YTD performance  -11.28%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  Closed 1/15 down @ 1,103.34
NOTE:  3d consecutive new 52 week low: 1088.67
  •   :: Pivot point   1,105.53
  •   Support (s1)   1,086.48     Support (s2)  1,069.61
  •   Resistance (r1)  1,122.40   Resistance (r2)  1,141.45
  •   Simple Moving Average (Close 50):   1,207.22
  •   52 week performance    -8.19%  YTD performance  -8.52%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  Closed 1/15 down @ 20.33
  •   :: Pivot point    20.21
  •   Support (s1)  20.00       Support (s2)  19.67
  •   Resistance (r1)  20.54    Resistance (r2)  20.75
  •   Simple Moving Average (Close 50):  22.34
  •   Simple Moving Average (Close 200)  22.15
  •   :: Close ( 8 days) above/below (+/-) sma200  (-1.821) (-8.220)
  •   :: 52 week performance  +12.01%  YTD performance  -10.40%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  Closed 1/15 up @ 27.02
  •   :: Pivot point    28.21
  •   Support (s1)   25.48      Support (s2)   23.93
  •   Resistance (r1)  29.76    Resistance (r2)  32.49
  •   Simple Moving Average (Close 50):  18.62
  •   :: 52 week performance   +35.85%  YTD performance  +48.38%
     –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Tuesday, 1/19/2016
 
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,     16171.21  …  15658.99
  •   Nasdaq,         4554.96  …   4453.92
  •   S&P 500,        1898.51  …   1839.66
  •   Russell 1000,   1048.13  …   1014.98
  •   Russell 2000,   1015.82  …    975.88
  •   Russell 3000,   1113.97  …   1078.05
  •   CBOE TNX,         20.65  …     20.11
  •   Volatility,       28.99  …     24.71

——  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 Support and Resistance calculations for Tuesday, 1/19/2016  help your investing and trading today …

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