Index Support and Resistance for Thursday, 1/28/2016

Below you will find the Index Support and Resistance for Thursday, 1/28/2016 as calculated from the changes in Index points through Wednesday, 1/27/2016’s close.

 

Index chart 20160127

  Index performance Wednesday, 1/27/2016
  • Dow Jones   15,944.46  -222.77  (-1.38%)     (chart: blue)
  • Nasdaq          4,468.17    -99.51  (-2.18%)     (chart: gold)
  • S&P 500         1,882.95   -20.68  (-1.09%)    (chart: red)
  •   ——————————————-
  • Rus 1k (RUI)  1,038.85  -11.71 (-1.11%)
  • Rus 2k (RUT)  1,002.75  -15.23 (-1.50%)
  • Rus 3k (RUA)  1,103.75  -12.75 (-1.14%)
  • CBOE (TNX)       20.01   +0.07 (+0.35%)
  • Volatility(VIX)  23.11   +0.61 (+2.71%)
 I. a. Select stocks of interest, from Wednesday, 1/27/2016
  • AAPL    93.44  -6.55 (-6.55%)   After Hours: 93.86 +0.42 (0.45%)
  • C       40.56  +0.06 (+0.15%)
  • CHK      3.27  +0.08 (+2.35%)
  • GE      28.01  -0.30 (-1.06%)   After Hours: 27.98 -0.03 (-0.11%)
  • JCP      6.93  +0.14 (+1.99%)   After Hours: 7.00 +0.07 (1.08%)
  • MPC     39.86  -1.70 (-4.09%)
  • MU      10.39  -0.16 (-1.52%)   After Hours: 10.34 -0.05 (-0.48%)
  • VRNG     1.74  -0.01 (-0.57%)
  • VZ      49.06  +0.81 (+1.68%)
 I. b. Sector summary from Wednesday, 1/27/2016
Sector Change +/-% (best (or least worst) to worst)
  • Telecommunications Srvcs …….. +0.25%
  • Utilities …………………… +0.12%
  • Energy ……………………… -0.21%
  • Non-Cyclical Cons. Goods ……… -0.22%
  • Financials ………………….. -0.55%
  • Basic Materials ……………… -0.75%
  • Industrials …………………. -1.03%
  • Cyclical Cons. Goods …………. -1.10%
  • Healthcare ………………. -1.34%
  • Technology ………………. -2.33%
 II. Bonds, and/or Currencies, and/or Commodities from Wednesday, 1/27/2016
  •   II. a.  USA  Bonds
  • 3 Month  0.30%  +0.01 (3.45%)
  • 6 Month  0.39%  -0.01 (-2.50%)
  • 2 Year  0.82%  -0.03 (-3.53%)
  • 5 Year  1.41%  -0.05 (-3.42%)
  • 10 Year  2.00%  -0.02 (-0.99%)
  • 30 Year  2.80%  -0.01 (-0.36%)
     –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Thursday, 1/28/2016
 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 1/27 down @   15944.46
  •   :: Pivot point   16019.26
  •   Support (s1)  15803.50       Support (s2)   15662.53
  •   Resistance (r1)   16160.23   Resistance (r2)   16375.99
  •   Simple Moving Average (Close 50):    17153.10
  •   52 week performance   -8.30%  YTD performance -8.50% 
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  Closed 1/27 down @   4468.17
  •   :: Pivot point   4495.95
  •   Support (s1)  4423.05      Support (s2)  4377.93
  •   Resistance (r1)  4541.07    Resistance (r2)  4613.97
  •   Simple Moving Average (Close 50):  4901.69
  •   52 week performance  -3.66%  YTD performance  -10.77%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  Closed 1/27 down @  1882.95
NOTE:  2d 52 week low of last 17 days:  1812.29  (1/20/2016)
  •   :: Pivot point  1890.88
  •   Support (s1)  1864.77       Support (s2)  1846.59
  •   Resistance (r1)  1909.06     Resistance (r2)  1935.17
  •   Simple Moving Average (Close 50):  2012.51
  •   52 week performance  -5.95%  YTD performance  -7.88%
  •   :: Projected High: 1899.97,   Projected Low:  1855.68
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
  Closed 1/27 down @ 1038.85
NOTE:  4th 52 week low of last 17 days: 998.66  (1/20/2016)
  •   :: Pivot point   1043.26
  •   Support (s1)  1028.90     Support (s2)  1018.94
  •   Resistance (r1)  1053.22  Resistance (r2)  1067.58
  •   Simple Moving Average (Close 50):   1114.09
  •   52 week performance  -8.19%  YTD performance  -8.22%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  Closed 1/27 down @  1002.75
NOTE:  8th 52 week low of last 17 days: 958.48  (1/20/2016)
  •   :: Pivot point  1007.80
  •   Support (s1)   993.76       Support (s2)  984.76
  •   Resistance (r1)  1016.80    Resistance (r2)  1030.84
  •   Simple Moving Average (Close 50):  1116.07
  •   52 week performance  -14.67%  YTD performance  -11.72%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  Closed 1/27 down @ 1103.75
NOTE:  4th 52 week low of last 17 days: 1060.61  (1/20/2016)
  •   :: Pivot point   1108.51
  •   Support (s1)   1093.25     Support (s2)  1082.74
  •   Resistance (r1)  1119.02   Resistance (r2)  1134.28
  •   Simple Moving Average (Close 50):   1188.75
  •   52 week performance    -8.42%  YTD performance  -8.49%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  Closed 1/27 up @  20.01
Note death cross: SMA50 closed below SMA200 (1/22/2016)
  •   :: Pivot point    20.17
  •   Support (s1)   19.82       Support (s2)  19.63
  •   Resistance (r1)  20.36    Resistance (r2)  20.71
  •   Simple Moving Average (Close 50):  21.93
  •   Simple Moving Average (Close 200)  22.19
  •   :: Close (15 days) above/below (+/-) sma200  (-2.182) (-9.831%)
  •   :: 52 week performance  +16.07%  YTD performance  -11.81%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  Closed 1/27 up @ 23.11
  •   :: Pivot point    23.58
  •   Support (s1)   19.95      Support (s2)   16.78
  •   Resistance (r1)  26.75    Resistance (r2)  30.38
  •   Simple Moving Average (Close 50):  19.77
  •   :: 52 week performance   +23.19%  YTD performance  +26.91%
     –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Thursday, 1/28/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,     16089.75  …  15733.02
  •   Nasdaq,         4518.51  …   4400.49
  •   S&P 500,        1899.97  …   1855.68
  •   Russell 1000,   1048.24  …   1023.92
  •   Russell 2000,   1012.30  …    989.26
  •   Russell 3000,   1113.77  …   1088.00
  •   CBOE TNX,         20.27  …     19.73
  •   Volatility,       28.57  …     21.77

——  Monday, 1/25/2016 thru Friday 1/29/2016  ——-

  •  ( 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 Thursday, 1/28/2016 help your investing and trading today …

 

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4 thoughts on “Index Support and Resistance for Thursday, 1/28/2016

  1. Index performance Thursday, 1/28/2016
    Dow Jones 16,069.64 +125.18 (+0.79%) (chart: blue)
    Nasdaq 4,506.68 +38.51 (+0.86%) (chart: gold)
    S&P 500 1,893.36 +10.41 (+0.55%) (chart: red)
    ——————————————-
    Rus 1k (RUI) 1,043.34 +4.50 (+0.43%)
    Rus 2k (RUT) 1,003.27 +0.53 (+0.05%)
    Rus 3k (RUA) 1,108.22 +4.47 (+0.40%)
    CBOE (TNX) 19.85 -0.16 (-0.80%)
    Volatility(VIX) 22.42 -0.69 (-2.99%)

    Compare to the above:

    IV. Index “projected” Highs and Lows for Thursday, 1/28/2016

    ◾Index, :: Projected High, Projected Low

    Like

  2. Sector summary from Thursday, 1/28/2016

    Sector Change +/-% (best (or least worst) to worst)

    Energy +2.86%
    Utilities +1.77%
    Technology +0.97%
    Non-Cyclical Cons. Goods… +0.86%
    Basic Materials +0.63%
    Telecommunications Servi… +0.51%
    Industrials +0.32%
    Cyclical Cons. Goods … +0.23%
    Financials +0.05%
    Healthcare -2.22%

    Like

  3. Bonds, and/or Currencies, and/or Commodities from Thursday, 1/28/2016

    II. a. USA Bonds
    3 Month 0.30% +0.01 (3.45%)
    6 Month 0.40% +0.02 (5.26%)
    2 Year 0.82% -0.01 (-1.20%)
    5 Year 1.39% -0.02 (-1.42%)
    10 Year 1.98% -0.02 (-1.00%)
    30 Year 2.79% +0.01 (0.36%)

    Here, from the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX), it appears Mr. & Ms. Fickle Markets is sending the message that the Fed will not be raising rates any time soon.

    Like

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