Index Support and Resistance for Monday, 2/1/2016

Below you will find the Index Support and Resistance for Monday, 2/1/2016 as calculated from the changes in Index points through Friday, 1/29/2016’s close.  This Leap Year February has 29 days.

 

Index chart 20160129

 Index performance Friday, 1/29/2016
  • Dow Jones    16,466.30  +396.66  (2.47%)   (chart: blue)
  • Nasdaq        4,613.95  +107.28  (2.38%)   (chart: gold)
  • S&P 500       1,940.24   +46.88  (2.48%)     (chart: red)
  •   ——————————————-
  • Rus 1k (RUI)  1,069.78  +26.44 (2.53%)
  • Rus 2k (RUT)  1,035.38  +32.11 (3.20%)
  • Rus 3k (RUA)  1,136.84  +28.62 (2.58%)
  • CBOE (TNX)       19.31  -0.54 (-2.72%)
  • Volatility(VIX)  20.20  -2.22 (-9.90%)
 I. a. Select stocks of interest, from Friday, 1/22/2016
  • AAPL    97.34  +3.25  (+3.45%)
  • C       42.56  +2.18  (+5.40%)
  • CHK      3.37  +0.20  (+6.31%)
  • GE      29.06  +0.85  (+3.00%)
  • JCP      7.24  +0.42  (+6.23%)
  • MPC     41.76  +1.54  (+3.83%)
  • MU      11.03  +1.14 (+11.58%)
  • VRNG     1.67  -0.02  (-1.18%)
  • VZ      49.93  +0.92  (+1.88%)
 I. b. Sector summary from Friday, 1/29/2016
Sector Change +/-% (best (or least worst) to worst)
  • Industrials …………………………….. +2.73%
  • Financials ……………………………… +2.59%
  • Basic Materials  ……………………….+2.53%
  • Telecommunications Srvcs …….. +2.52%
  • Technology ……………………………. +2.46%
  • Cyclical Cons. Goods ………………. +2.28%
  • Energy …………………………………… +2.25%
  • Utilities ……………………………………+2.19%
  • Non-Cyclical Cons. Goods ………. +2.11%
  • Healthcare ……………………………… +1.87%
 II. Bonds, and/or Currencies, and/or Commodities from Thursday, 1/28/2016
  •   II. a.  USA  Bonds
  • 3 Month  0.29%  0.00 (0.00%)
  • 6 Month  0.39%  +0.01 (2.63%)
  • 2 Year  0.79%  +0.01 (1.28%)
  • 5 Year  1.32%  -0.03 (-2.22%)
  • 10 Year  1.92%  -0.03 (-1.54%)
  • 30 Year  2.75%  -0.01 (-0.36%)
     –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Monday, 2/1/2016

   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 1/29 up @  16466.30
  •   :: Pivot point   16340.95
  •   Support (s1)  16215.61       Support (s2)   15964.91
  •   Resistance (r1)   16591.65   Resistance (r2)   16716.99
  •   Simple Moving Average (Close 50):    17109.25
  •   52 week performance   -5.46%  YTD performance  -5.50%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  Closed 1/29 up @   4613.95
  •   :: Pivot point   4579.73
  •   Support (s1)  4545.52      Support (s2)  4477.08
  •   Resistance (r1)  4648.17    Resistance (r2)  4682.38
  •   Simple Moving Average (Close 50):  4885.86
  •   52 week performance  -0.46%  YTD performance  -7.86%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  Closed 1/29 up @  1940.24
NOTE:  2d 52 week low of last 19 days:  1812.29  (1/20/2016)
  •   :: Pivot point  1924.83
  •   Support (s1)  1909.41       Support (s2)  1878.59
  •   Resistance (r1)  1955.65     Resistance (r2)  1971.07
  •   Simple Moving Average (Close 50):  2007.65
  •   52 week performance  -2.74%  YTD performance  -5.07%
  •   :: Projected High: 1963.36,   Projected Low:  1917.12
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
  Closed 1/29 up @ 1069.78
NOTE:  4th 52 week low of last 19 days: 998.66  (1/20/2016)
  •   :: Pivot point   1061.00
  •   Support (s1)  1052.23     Support (s2)  1034.67
  •   Resistance (r1)  1078.56  Resistance (r2)  1087.33
  •   Simple Moving Average (Close 50):   1111.13
  •   52 week performance  -5.03%  YTD performance  -5.49%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  Closed 1/29 up @  1035.38
NOTE:  8th 52 week low of last 19 days: 958.48  (1/20/2016)
  •   :: Pivot point  1024.76
  •   Support (s1)  1014.14       Support (s2)  992.90
  •   Resistance (r1)  1046.00    Resistance (r2)  1056.62
  •   Simple Moving Average (Close 50):  1110.54
  •   52 week performance  -11.16%  YTD performance  -8.85%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  Closed 1/29 up @ 1136.84
   NOTE:  4th 52 week low of last 19 days: 1060.61  (1/20/2016)
  •   :: Pivot point   1127.35
  •   Support (s1)   1117.85     Support (s2)  1098.87
  •   Resistance (r1)  1146.33   Resistance (r2)  1155.83
  •   Simple Moving Average (Close 50):   1184.68
  •   52 week performance    -5.52%  YTD performance  -5.74%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  Closed 1/29 down @  19.31
Note death cross: SMA50 closed below SMA200 (1/22/2016)
  •   :: Pivot point    19.33
  •   Support (s1)   19.09       Support (s2)  18.88
  •   Resistance (r1)  19.54    Resistance (r2)  19.78
  •   Simple Moving Average (Close 50):  21.80
  •   Simple Moving Average (Close 200)  22.20
  •   :: Close (17 days) above/below (+/-) sma200  (-2.886) (-13.004%)
  •   :: 52 week performance  +15.28%  YTD performance  -14.90%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  Closed 1/29 down @ 20.20
  •   :: Pivot point    20.48
  •   Support (s1)    19.22      Support (s2)   18.24
  •   Resistance (r1)  21.46    Resistance (r2)  22.72
  •   Simple Moving Average (Close 50):  19.89
  •   :: 52 week performance   3.96%  YTD performance  10.93%
–   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Monday, 2/1/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,     16654.32  …  16278.28
  •   Nasdaq,         4665.28  …   4562.63
  •   S&P 500,        1963.36  …   1917.12
  •   Russell 1000,   1082.95  …   1056.62
  •   Russell 2000,   1051.31  …   1019.45
  •   Russell 3000,   1151.08  …   1122.60  1/29
  •   CBOE TNX,         19.66  …     19.21
  •   Volatility,       20.97  …     18.73
   —     —     —     —     —     —     —     —     —
——  Monday, 2/1/2016 thru Friday 2/5/2016  ——-

  •  ( 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

 

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Hope the above Index Support and Resistance calculations for Monday, 2/1/2016 help your investing and trading today …

 

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