Index Support and Resistance for Wednesday, 2/24/2016

 

  Below you will find the Index Support and Resistance for Wednesday, 2/24/2016 as calculated from the changes in Index points through Tuesday, 2/23/2016’s close.
Index chart 20160223
 Index performance Tuesday, 2/23/2016
  • Dow Jones    16,431.78  -188.88  (-1.14%)    (chart: blue)
  • Nasdaq  …      4,503.58   -67.02  (-1.47%)    (chart: gold)
  • S&P 500   …    1,921.27   -24.23  (-1.25%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)   1,058.64   -13.04  (-1.22%)
  • Rus 2k (RUT)   1,012.15    -9.59  (-0.94%)
  • Rus 3k (RUA)   1,123.99   -13.61  (-1.20%)
  • CBOE (TNX) …     17.45    -0.21  (-1.19%)
  • Volatility(VIX)    20.98    +1.60  (+8.26%)
 I. a. Select stocks of interest, from Tuesday, 2/23/2016
  • AAPL   94.69 Down -2.19 (-2.26%)  After Hours: 94.30 Down -0.39 (-0.41%)
  • C  ….    38.22 Down -1.30 (-3.29%)   After Hours: 38.10 Down -0.12 (-0.31%)
  • CHK  ..   2.19 Down -0.20 (-8.37%)  After Hours:  2.20     Up  +0.01 (0.46%)
  • GE ..    29.22 Down -0.19 (-0.65%)   After Hours: 29.20 Down -0.02 (-0.07%)
  • JCP  …   7.55    Up  +0.15 (+2.03%)       After Hours:  7.51 Down -0.04 (-0.53%)
  • MPC     31.61  Down -1.77 (-5.30%)    After Hours: 31.35 Down -0.26 (-0.82%)
  • MU      10.49  Down -0.56 (-5.07%)   After Hours: 10.41 Down -0.08 (-0.76%)
  • VRNG    2.32    Up  +0.15 (+6.91%)
  • VZ        50.63 Down -0.44 (-0.86%)  After Hours: 50.55 Down -0.08 (-0.16%)
 I. b. Sector summary from Tuesday, 2/23/2016
Sector Change +/-% (best (or least worst) to worst)
  • Non-Cyclical Cons. Goods …………… -0.30%
  • Cyclical Cons. Goods ………………….. -0.39%
  • Utilities  …………………………………. -0.47%
  • Healthcare  ……………………………… -0.86%
  • Industrials  ……………………………… -1.02%
  • Telecommunications Srvcs ………….. -1.47%
  • Technology  …………………………….. -1.65%
  • Financials  ………………………………. -1.70%
  • Basic Materials  …………………… -2.29%
  • Energy  …………………………. -3.27%
 II. Bonds, and/or Currencies, and/or Commodities from Tuesday, 2/23/2016
  II. a.  USA  Bonds
  • 3 Month  0.30%  0.00 (0.00%)
  • 6 Month  0.44%  -0.01 (-2.22%)
  • 2 Year  0.73%  -0.03 (-3.95%)
  • 5 Year  1.19%  -0.08 (-6.30%)
  • 10 Year  1.72%  -0.09 (-4.97%)
  • 30 Year  2.58%  -0.08 (-3.01%)
 II. b.   US Energy Information Administration   (US EIA)

  •    –   –   –   –           –   –   –   –           –   –   –   –

 

 III.  Index Support and Resistance for Wednesday, 2/24/2016
 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 2/23 down  @  16,431.78  -188.88  (-1.14%)
  •   :: Pivot point   16481.90
  •   Support (s1)  16353.41       Support (s2)   16275.04
  •   Resistance (r1)   16560.27   Resistance (r2)   16688.76
  •   Simple Moving Average (Close 50):    16633.35
  •   52 week performance  -9.30%  YTD performance  -5.70%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 2/23 down  @    4,503.58   -67.02  (-1.47%)
  •   :: Pivot point   4520.86
  •   Support (s1)   4483.66      Support (s2)  4463.74
  •   Resistance (r1)  4540.78    Resistance (r2)  4577.98
  •   Simple Moving Average (Close 50):  4676.08
  •   52 week performance  -9.35%  YTD performance  -10.06%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed  2/23 down @  1,921.27   -24.23  (-1.25%)
  •   :: Pivot point  1927.70
  •   Support (s1)  1913.01       Support (s2)  1904.76
  •   Resistance (r1)  1935.95     Resistance (r2)  1950.64
  •   Simple Moving Average (Close 50):  1949.16
  •   52 week performance  -9.18%  YTD performance  -6.00%
  •   :: Projected High: 1931.83,   Projected Low:  1908.89
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 2/23 down @ 1,058.64   -13.04  (-1.22%)
  •   :: Pivot point   1062.53
  •   Support (s1)  1053.94     Support (s2)  1049.23
  •   Resistance (r1)  1067.24  Resistance (r2)  1075.83
  •   Simple Moving Average (Close 50):   1076.38
  •   52 week performance  -10.04%  YTD performance  -6.47%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 2/23 down  @  1,012.15    -9.59  (-0.94%)
  •   :: Pivot point  1015.18
  •   Support (s1)  1009.12       Support (s2)  1006.08
  •   Resistance (r1)  1018.22    Resistance (r2)  1024.28
  •   Simple Moving Average (Close 50):  1052.92
  •   52 week performance  -17.98%  YTD performance  -10.89%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 2/23 down @  1,123.99   -13.61  (-1.20%)
  •   :: Pivot point   1128.11
  •   Support (s1)   1119.20     Support (s2)  1114.40
  •   Resistance (r1)  1132.91   Resistance (r2)  1141.82
  •   Simple Moving Average (Close 50):   1146.38
  •   52 week performance    -10.86%  YTD performance  -6.81%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 2/23 down  @  17.45    -0.21  (-1.19%)
  •   :: Pivot point    17.62
  •   Support (s1)    17.09      Support (s2)  16.74
  •   Resistance (r1)  17.97     Resistance (r2)  18.50
  •   Simple Moving Average (Close 50):  20.38
  •   Simple Moving Average (Close 200)  22.04
  •   :: Close (33 days) above/below (+/-) sma200  (-4.588) (-20.818%)
  •   :: 52 week performance  -12.22%   YTD performance  -23.09%
( 8) For the Volatility S&P 500 (INDEX CBOE: VIX)
Closed 2/23 up  @ 20.98    +1.60  (+8.26%)
  •   :: Pivot point    20.56
  •   Support (s1)    19.96      Support (s2)   18.94
  •   Resistance (r1)  21.58     Resistance (r2)  22.18
  •   Simple Moving Average (Close 50):  22.07
  •   :: 52 week performance   51.59%  YTD performance  15.21%
  •     –   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Wednesday, 2/24/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,     16521.09  …  16314.23
  •   Nasdaq,         4530.82  …   4473.70
  •   S&P 500,        1931.83  …   1908.89
  •   Russell 1000,   1064.89  …   1051.59
  •   Russell 2000,   1016.70  …   1007.60
  •   Russell 3000,   1130.51  …   1116.80
  •   CBOE TNX,         17.80  …     16.92
  •   Volatility,       21.88  …     20.26
 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, 2/22/2016 thru Friday 2/26/2016  ——-

 

  •  ( 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 Wednesday, 2/24/2016
help your investing and trading today …

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