Index Support and Resistance for Monday, 2/22/2016

 

  Below you will find the Index Support and Resistance for Monday, 2/22/2016 as calculated from the changes in Index points through Friday, 2/19/2016’s close.   Third Friday of the month Triple Witching is behind us.   At approximately 1:45 AM ET, the Index E-mini futures point to a green, positive USA markets open.  A new S&P 500  resistance  level is obsessing traders: 1,950.   We could see a test of that 1950 level by Wednesday.
Index chart 20160219
 Index performance Friday, 2/19/2016
  • Dow Jones    16,391.99  -21.44  (-0.13%)    (chart: blue)
  • Nasdaq        4,504.43  +16.89  (+0.38%)    (chart: gold)
  • S&P 500       1,917.78   -0.05  (-0.00%)     (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,056.22  -0.01 (+0.00%)
  • Rus 2k (RUT)  1,010.01  +5.30 (+0.53%)
  • Rus 3k (RUA)  1,121.44  +0.42 (+0.04%)
  • CBOE (TNX)       17.48  -0.11 (-0.63%)
  • Volatility(VIX)  20.53  -1.11 (-5.13%)
 I. a. Select stocks of interest, from Friday, 2/19/2016
  • AAPL   96.04  -0.22  (-0.23%)
  • C      38.98  +0.06  (+0.15%)
  • CHK     2.01  +0.03  (+1.52%)
  • GE     29.01  -0.07  (-0.22%)
  • JCP     7.32  -0.31  (-4.00%)
  • MPC    31.59  +0.22  (+0.70%)
  • MU     11.16  -0.33  (-2.87%)
  • VRNG    2.16  +0.60 (+38.46%)
  • VZ     50.86  -0.08  (-0.16%)
 I. b. Sector summary from Friday, 2/19/2016
Sector Change +/-% (best (or least worst) to worst)
  • Technology +0.26%
  • Healthcare +0.14%
  • Non-Cyclical Cons. Goods… +0.13%
  • Cyclical Cons. Goods … +0.04%
  • Financials -0.02%
  • Industrials -0.04%
  • Telecommunications Srvcs… -0.45%
  • Energy -0.51%
  • Utilities -0.63%
  • Basic Materials -0.80%
 II. Bonds, and/or Currencies, and/or Commodities from Friday, 2/19/2016
  II. a.  USA  Bonds
  • 3 Month  0.30%  +0.01 (3.45%)
  • 6 Month  0.44%  +0.01 (2.33%)
  • 2 Year  0.74%  +0.02 (2.78%)
  • 5 Year  1.23%  -0.01 (-0.81%)
  • 10 Year  1.75%  -0.01 (-0.57%)
  • 30 Year  2.61%  -0.01 (-0.38%)

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

     –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Monday, 2/22/2016
 Below you will find the 52 week performance, and the Year-to-Date (YTD) performance to the selected indexes.  See Section V.  Index: 52week High,  52week Low, (Close 12/31/2015) to track changes in this info.  See the 200 day simple moving average (SMA) calculations added 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 2/19 down @  16,391.99  -21.44  (-0.13%)
  •   :: Pivot point   16360.32
  •   Support (s1)  16309.67       Support (s2)   16227.36
  •   Resistance (r1)   16442.63   Resistance (r2)   16493.28
  •   Simple Moving Average (Close 50):    16673.51
  •   52 week performance   -8.86%  YTD performance  -5.93%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 2/19 up  @    4,504.43  +16.89  (+0.38%)
  •   :: Pivot point   4490.89
  •   Support (s1)   4468.64      Support (s2)  4432.84
  •   Resistance (r1)  4526.69    Resistance (r2)  4548.94
  •   Simple Moving Average (Close 50):  4697.02
  •   52 week performance  -9.11%  YTD performance  -10.04%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 2/19 down @  1,917.78  -0.05  (-0.00%)
  •   :: Pivot point  1912.91
  •   Support (s1)  1907.04       Support (s2)  1896.30
  •   Resistance (r1)  1923.65     Resistance (r2)  1929.52
  •   Simple Moving Average (Close 50):  1954.05
  •   52 week performance  -9.12%  YTD performance  -6.17%
  •   :: Projected High: 1926.59,   Projected Low:  1909.98
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 2/19 down @ 1,056.22  -0.01 (+0.00%)
  •   :: Pivot point   1053.41
  •   Support (s1)  1050.15     Support (s2)  1044.09
  •   Resistance (r1)  1059.47  Resistance (r2)  1062.73
  •   Simple Moving Average (Close 50):   1079.32
  •   52 week performance  -9.71%  YTD performance  -6.68%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 2/19 up  @  1,010.01  +5.30 (+0.53%)
  •   :: Pivot point  1006.33
  •   Support (s1)  1001.95       Support (s2)  993.88
  •   Resistance (r1)  1014.40    Resistance (r2)  1018.78
  •   Simple Moving Average (Close 50):  1058.35
  •   52 week performance  -18.00%  YTD performance  -11.08%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 2/19 up @  1,121.44  +0.42 (+0.04%)
  •   :: Pivot point   1118.37
  •   Support (s1)   1114.83     Support (s2)  1108.22
  •   Resistance (r1)  1124.98   Resistance (r2)  1128.52
  •   Simple Moving Average (Close 50):   1150.08
  •   52 week performance    -10.87%  YTD performance  -7.02%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 2/19 down @  17.48  -0.11 (-0.63%)
  •   :: Pivot point    17.54
  •   Support (s1)    17.23      Support (s2)  16.98
  •   Resistance (r1)  17.79     Resistance (r2)  18.10
  •   Simple Moving Average (Close 50):  20.56
  •   Simple Moving Average (Close 200)  22.08
  •   :: Close (31 days) above/below (+/-) sma200  (-4.601) (-20.835%)
  •   :: 52 week performance  -18.05%   YTD performance  -22.96%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 2/18 down @ 21.64   -0.67  (-3.00%)
  •   :: Pivot point    21.50
  •   Support (s1)    19.55      Support (s2)   18.58
  •   Resistance (r1)  22.47     Resistance (r2)  24.42
  •   Simple Moving Average (Close 50):  22.04
  •   :: 52 week performance   41.00%  YTD performance  12.74%
    –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Monday, 2/22/2016

Index,  :: Projected High,  Projected Low

  •   Dow Jones,     16401.48  …  16268.52
  •   Nasdaq,         4537.82  …   4479.77
  •   S&P 500,        1926.59  …   1909.98
  •   Russell 1000,   1061.10  …   1051.78
  •   Russell 2000,   1016.59  …   1004.14
  •   Russell 3000,   1126.75  …   1116.60
  •   CBOE TNX,         17.95  …     17.39
  •   Volatility,       21.99  …     19.07
 V.  Index: 52week High,  52week Low, (Close 12/31/2015)
  • Dow Jones    18351.36 15370.33  (17425.03)
  • Nasdaq        5231.94    4209.76   (5007.41)
  • S&P 500       2134.72    1810.10   (2043.94)
  •   ——————————————-
  • Rus 1k (RUI)  1191.59     995.55   (1069.65)
  • Rus 2k (RUT)  1296.00     943.10   (1135.89)
  • Rus 3k (RUA)  1275.89    1056.45   (1206.10)
  • CBOE (TNX)       24.89     15.67    (22.69)
  • Volatility(VIX)  53.29     10.88    (18.21)
—     —     —     —     —     —     —     —     —
——  Monday, 2/15/2016 thru Friday 2/19/2016  ——-

 

  •  ( 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, 2/22/2016
help your investing and trading today …
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