Index Support and Resistance for Friday, 2/26/2016

Below you will find the Index Support and Resistance for Friday, 2/26/2016 as calculated from the changes in Index points through Thursday, 2/25/2016’s close.  Per the pre-market E-mini futures, the US markets look to open up, … in the green.  So far this year, of 37 trading days, the Volatility Index of the S&P500 (VIX) has closed lower than it opened 24 times (bullish), and higher (bearish) than it opened only 13 times.  Yesterday, the VIX closed at 19.11 down -1.61 points, or a whopping negative  (-7.77%).  (Bullish!)
                  –       –
 Index chart 20160225
 Index performance Thursday, 2/25/2016
  • Dow Jones    16,697.29  +212.30  (+1.29%)    (chart: blue)
  • Nasdaq        4,582.21   +39.60  (+0.87%)    (chart: gold)
  • S&P 500       1,951.70   +21.90  (+1.13%)    (chart:  red)
  • ——————————————-
  • Rus 1k (RUI)  1,075.75   +12.19  (+1.15%)
  • Rus 2k (RUT)  1,031.58    +9.50  (+0.93%)
  • Rus 3k (RUA)  1,142.40   +12.77  (+1.13%)
  • CBOE (TNX)       16.97    -0.45  (-2.58%)
  • Volatility(VIX)  19.11    -1.61  (-7.77%)
 I. a. Select stocks of interest, from Thursday, 2/25/2016
  • AAPL   96.76  +0.66 (+0.69%)   After Hours: 96.62 -0.14 (-0.14%)
  • C   ….   38.61  +0.52 (+1.37%)   After Hours: 38.59 -0.02 (-0.05%)
  • CHK       2.57  -0.12 (-4.46%)   After Hours:  2.57 +0.00 (+0.00%)
  • GE        29.24  +0.51 (+1.78%)   After Hours: 29.27 +0.03 (+0.10%)
  • JCP  …   8.34  +0.64 (+8.31%)   After Hours:  8.60 +0.26 (+3.12%)
  • MPC    34.22  +0.25 (+0.74%)   After Hours: 34.25 +0.03 (+0.09%)
  • MU      10.72  +0.08 (+0.75%)   After Hours: 10.63 -0.09 (-0.84%)
  • VRNG    2.66  -0.02 (-0.75%)   After Hours:  2.62 -0.04 (-1.50%)
  • VZ        51.10  +0.28 (+0.55%)   After Hours: 51.20 +0.10 (+0.20%)
 I. b. Sector summary from Thursday, 2/25/2016

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

  • Financials   ……………………. +1.52%
  • Healthcare   ……………………. +1.15%
  • Cyclical Cons. Goods …………….. +1.15%
  • Telecommunications Srvcs …………. +1.11%
  • Utilities   …………………….. +1.09%
  • Industrials   …………………… +1.08%
  • Technology   ……………………. +0.94%
  • Non-Cyclical Cons. Goods …………. +0.89%
  • Basic Materials   ……………….. +0.44%
  • Energy   ……………………….. +0.23%
 II. Bonds, and/or Currencies, and/or Commodities from Thursday, 2/25/2016
  II. a.  USA  Bonds
  • 3 Month  0.29%  -0.01 (-3.33%)
  • 6 Month  0.43%  -0.02 (-4.44%)
  • 2 Year  0.71%  -0.01 (-1.39%)
  • 5 Year  1.18%  -0.02 (-1.67%)
  • 10 Year  1.72%  -0.02 (-1.15%)
  • 30 Year  2.59%  -0.02 (-0.77%)

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

  •    –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Friday, 2/26/2016
 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 2/25 up @  16,697.29  +212.30  (+1.29%)
  •   :: Pivot point   16617.90
  • Support (s1)  16537.81       Support (s2)   16378.34
  • Resistance (r1)   16777.37   Resistance (r2)   16857.46
  • Simple Moving Average (Close 50):    16600.20
  • 52 week performance  -8.38%  YTD performance  -4.18%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 2/25 up  @    4,582.21   +39.60  (+0.87%)
  •   :: Pivot point   4560.43
  • Support (s1)   4538.66      Support (s2)  4495.12
  • Resistance (r1)  4603.97    Resistance (r2)  4625.74
  • Simple Moving Average (Close 50):  4659.01
  • 52 week performance  -8.13%  YTD performance  -8.49%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 2/25 up @  1,951.70   +21.90  (+1.13%)
  •   :: Pivot point  1942.98
  •   Support (s1)  1934.13       Support (s2)  1916.56
  • Resistance (r1)  1960.55     Resistance (r2)  1969.40
  • Simple Moving Average (Close 50):  1945.50
  • 52 week performance  -7.53%  YTD performance  -4.51%
  • :: Projected High: 1964.98,   Projected Low:  1938.56
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 2/25 up @ 1,075.75   +12.19  (+1.15%)
  •   :: Pivot point   1070.96
  • Support (s1)  1066.13     Support (s2)  1056.51
  • Resistance (r1)  1080.58  Resistance (r2)  1085.41
  • Simple Moving Average (Close 50):   1074.14
  • 52 week performance  -8.77%  YTD performance  -4.96%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 2/25 up  @  1,031.58    +9.50  (+0.93%)
  •   :: Pivot point  1027.87
  • Support (s1)  1024.17       Support (s2)    1016.75
  • Resistance (r1)  1035.29    Resistance (r2)  1038.99
  • Simple Moving Average (Close 50):  1048.54
  • 52 week performance  -16.75%  YTD performance  -9.18%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 2/25 up @  1,142.40   +12.77  (+1.13%)
  •   :: Pivot point   1137.38
  • Support (s1)   1132.35     Support (s2)  1122.29
  • Resistance (r1)  1147.44   Resistance (r2)  1152.47
  • Simple Moving Average (Close 50):   1143.05
  • 52 week performance    -8.98%  YTD performance  -5.28%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 2/25 down  @  16.97    -0.45  (-2.58%)
  •   :: Pivot point    17.07
  • Support (s1)    16.68      Support (s2)  16.40
  • Resistance (r1)  17.35     Resistance (r2)  17.74
  • Simple Moving Average (Close 50):  20.18
  • Simple Moving Average (Close 200)  21.99
  • :: Close (35 days) above/below (+/-) sma200  (-5.020) (-22.828%)
  • :: 52 week performance  -15.82%   YTD performance  -25.21%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 2/25 down @  19.11    -1.61  (-7.77%)
  •   :: Pivot point    19.82
  • Support (s1)    18.39      Support (s2)   17.66
  • Resistance (r1)  20.55     Resistance (r2)  21.98
  • Simple Moving Average (Close 50):  21.92
  • :: 52 week performance   43.25%  YTD performance  4.94%
–   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Friday, 2/26/2016 
 
  • Index,  :: Projected High,  Projected Low
  • Dow Jones,     16817.42  …  16577.86
  • Nasdaq,         4614.86  …   4549.55
  • S&P 500,        1964.98  …   1938.56
  • Russell 1000,   1083.00  …   1068.55
  • Russell 2000,   1037.14  …   1026.02
  • Russell 3000,   1149.96  …   1134.87
  • CBOE TNX,         17.21  …     16.54
  • Volatility,       20.19  …     18.03
 
 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 Friday, 2/26/2016
help your investing and trading today …

 

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