Index Support and Resistance for Wednesday, 1/27/2016

Below you will find the Index Support and Resistance for Wednesday, 1/27/2016  as calculated from the changes in Index points through Tuesday, 1/26/2016’s close.

 

•   Index performance Tuesday, 1/26/2016
• Dow Jones    16,167.23  +282.01  (1.78%)    (chart: blue)
• Nasdaq          4,567.67   +49.18  (1.09%)    (chart: gold)
• S&P 500         1,903.63   +26.55  (1.41%)     (chart: red)
•   ——————————————-
• Rus 1k (RUI)  1,050.55  +15.40 (1.49%)
• Rus 2k (RUT)  1,017.97  +20.60 (2.07%)
• Rus 3k (RUA)  1,116.50  +16.82 (1.53%)
• CBOE (TNX)       19.94   -0.28 (-1.38%)
• Volatility(VIX)  22.50  -1.65 (-6.83%)

 I. a. Select stocks of interest, from Tuesday, 1/26/2016

• AAPL    99.99  +0.55 (0.55%)   Pre-market: 96.13 -3.86 (-3.86%)
• C       40.51  +0.96 (2.43%)
• CHK      3.19  +0.24 (8.14%)   After Hours: 3.15 -0.04 (-1.25%)
• GE      28.32  +0.27 (0.98%)   After Hours: 28.12 -0.20 (-0.69%)
• JCP      6.79  +0.13 (1.95%)
• MPC     41.56  +0.79 (1.94%)
• MU      10.55  +0.07 (0.67%)
• VRNG     1.75  -0.05 (-2.78%)
• VZ      48.25  +1.22 (2.59%)   After Hours: 47.82 -0.43 (-0.89%)

 I. b. Sector summary from Tuesday, 1/26/2016

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

• Energy …………………………… +3.47% 
• Basic Materials ……………….. +3.17% 
• Industrials ……………………… +1.91%
• Financials ……………………………… +1.77%
• Telecommunications Srvcs …….. +1.72%
• Cyclical Cons. Goods ………………. +1.39%
• Non-Cyclical Cons. Goods ………. +1.04%
• Utilities ………………………… +1.03%
• Healthcare …………………… +0.91%
• Technology ………………….. +0.83%

 II. Bonds, and/or Currencies, and/or Commodities from Tuesday, 1/26/2016

•   II. a.  USA  Bonds
• 3 Month  0.24%  0.00 (0.00%)
• 6 Month  0.33%  -0.02 (-5.71%)
• 2 Year  0.82%  -0.01 (-1.20%)
• 5 Year  1.41%  -0.02 (-1.40%)
• 10 Year  1.98%  -0.01 (-0.50%)
• 30 Year  2.75%  -0.01 (-0.36%)

 II. b.   US Energy Information Administration   (US EIA)

• Petroleum & Other Liquids
• Weekly Supply Estimates
• This Week in Petroleum
• Crude oil storage and capacity have increased in Cushing, Oklahoma and U.S. Gulf Coast

     –   –   –   –           –   –   –   –           –   –   –   –

 III.  Index Support and Resistance for Wednesday, 1/27/2016

 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.

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( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)

  Closed 1/26 up @   16167.23

•   :: Pivot point   16082.06
•   Support (s1)  15978.33       Support (s2)   15789.43
•   Resistance (r1)   16270.96   Resistance (r2)   16374.69
•   Simple Moving Average (Close 50):    17183.17
•   52 week performance   -8.55%  YTD performance -7.22%

( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)

  Closed 1/26 up @   4567.67

•   :: Pivot point   4551.47
•   Support (s1)  4519.73      Support (s2)  4471.79
•   Resistance (r1)  4599.41    Resistance (r2)  4631.15
•   Simple Moving Average (Close 50):  4912.43
•   52 week performance  -2.43%  YTD performance  -8.78%

( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)

  Closed 1/26 up @  1903.63
NOTE:  2d 52 week low in last 16 days:  1812.29  (1/20/2016)

•   :: Pivot point  1896.38
•   Support (s1)  1886.04       Support (s2)  1868.44
•   Resistance (r1)  1913.98     Resistance (r2)  1924.32
•   Simple Moving Average (Close 50):  2015.77
•   52 week performance  -6.20%   YTD performance  -6.86%
•   :: Projected High: 1919.15,   Projected Low:  1891.21

( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)

  Closed 1/26 up @ 1050.55
NOTE:  4th 52 week low in last 16 days: 998.66  (1/20/2016)

•   :: Pivot point   1046.04
•   Support (s1)  1040.11     Support (s2)  1029.66
•   Resistance (r1)  1056.49  Resistance (r2)  1062.42
•   Simple Moving Average (Close 50):   1116.01
•   52 week performance  -8.32%  YTD performance  -7.19%

( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)

  Closed 1/26 up @  1017.97
NOTE:  8th 52 week low of last 16 days: 958.48  (1/20/2016)

•   :: Pivot point  1011.89
•   Support (s1)  1004.27       Support (s2)   990.57
•   Resistance (r1)  1025.59    Resistance (r2)  1033.21
•   Simple Moving Average (Close 50):  1119.00
•   52 week performance  -14.79%  YTD performance  -10.38%

( 6) For the Russell 3000 (INDEX RUSSELL: RUA)

  Closed 1/26 up @ 1116.50
NOTE:  4th new 52 week low of last 16 days: 1060.61  (1/20/2016)

•   :: Pivot point   1111.57
•   Support (s1)   1105.11     Support (s2)  1093.73
•   Resistance (r1)  1122.95   Resistance (r2)  1129.41
•   Simple Moving Average (Close 50):   1190.66
•   52 week performance    -6.48%  YTD performance  -7.43%

( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)

  Closed 1/26 down @  19.94
Note death cross: SMA50 closed below SMA200 (1/22/2016)

•   :: Pivot point    20.04
•   Support (s1)  19.82       Support (s2)  19.69
•   Resistance (r1)  20.17   Resistance (r2)  20.39
•   Simple Moving Average (Close 50):  21.99
•   Simple Moving Average (Close 200)  22.19
•   :: Close (13 days) above/below (+/-) sma200  (-2.247) (-10.127)
•   :: 52 week performance  +9.26%  YTD performance  -12.12%

( 8) For the Volatility S&P500 (INDEX CBOE: VIX)

  Closed 1/26 down @ 22.50

•   :: Pivot point    22.95
•   Support (s1)   21.88      Support (s2)   21.26
•   Resistance (r1)  23.57    Resistance (r2)  24.64
•   Simple Moving Average (Close 50):  19.71
•   :: 52 week performance   +10.08%  YTD performance  +23.56%

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 IV.  Index “projected” Highs and Lows for Wednesday, 1/27/2016

• Index,  :: Projected High,  Projected Low
•   Dow Jones,     16322.83  …  16030.20
•   Nasdaq,         4615.28  …   4535.60
•   S&P 500,        1919.15  …   1891.21
•   Russell 1000,   1059.46  …   1043.08
•   Russell 2000,   1029.40  …   1008.08
•   Russell 3000,   1126.18  …   1108.34
•   CBOE TNX,         20.11  …     19.76
•   Volatility,       23.26  …     21.57

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——  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:

 (1)  Research and Investing Disclaimer

 (2)  Investing and Trading

 

 (3)  It’s Black Friday for OPEC

 

 (4)  Chesapeake Energy Corp (NYSE: CHK)

 

 (5)  Correction, pullback, or Bear Market? Part 2

 

 (6)  Correction, pullback, or Bear Market? Part 1

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Hope the above Index Support and Resistance calculations for Wednesday, 1/27/2016 help your investing and trading today …