Index Support and Resistance for Thursday, 3/3/2016

 

  Below you will find the Index Support and Resistance for Thursday, 3/3/2016 as calculated from the changes in Index points through Wednesday, 3/2/2016’s close.
Index chart 20160302
 Index performance Wednesday, 3/2/2016
  • Dow Jones    16,899.32  +34.24  (+0.20%)    (chart: blue)
  • Nasdaq        4,703.42  +13.83  (+0.29%)    (chart: gold)
  • S&P 500       1,986.45   +8.10  (+0.41%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,096.81   +5.04  (+0.46%)
  • Rus 2k (RUT)  1,065.67  +11.18  (+1.06%)
  • Rus 3k (RUA)  1,165.89   +5.86  (+0.51%)
  • CBOE (TNX)       18.48   +0.14  (+0.76%)
  • Volatility(VIX)  17.09   -0.61  (-3.45%)
 I. a. Select stocks of interest, from Wednesday, 3/2/2016
  • AAPL   100.75  +0.22  (+0.22%)   After Hours: 100.70 -0.05 (-0.05%)
  • C       42.22  +0.95  (+2.30%)   After Hours:  42.17 -0.05 (-0.12%)
  • CHK      3.41  +0.65 (+23.55%)   After Hours:   3.37 -0.04 (-1.17%)
  • GE      30.17  +0.29  (+0.97%)
  • JCP     10.59  +0.40  (+3.98%)   After Hours:  10.55 -0.04 (-0.33%)
  • MPC     34.71  +0.08  (+0.23%)   After Hours:  34.85 +0.14 (+0.40%)
  • MU      11.68  +0.61  (+5.51%)   After Hours:  11.68 +0.00 (+0.00%)
  • VRNG     2.25   0.00  (+0.00%)
  • VZ      52.10  +0.64  (+1.24%)
 I. b. Sector summary from Wednesday, 3/2/2016
Sector Change +/-% (best (or least worst) to worst)
  • Energy ……………………………. +2.42%
  • Basic Materials  …………………. +2.45%
  • Financials ………………………… +1.06%
  • Utilities …………………………… +0.79%
  • Telecommunications Srvcs ………….. +0.65%
  • Healthcare …………………………… +0.35%
  • Technology ………………………. +0.26%
  • Industrials ……………………… +0.15%
  • Non-Cyclical Cons. Goods ………….. +0.06%
  • Cyclical Cons. Goods ……………… -0.03%
 II. Bonds, and/or Currencies, and/or Commodities from Wednesday, 3/2/2016
  II. a.  USA  Bonds
  • 3 Month  0.28%  -0.03 (-9.68%)
  • 6 Month  0.45%  -0.01 (-2.17%)
  • 2 Year  0.85%  -0.01 (-1.16%)
  • 5 Year  1.34%  0.00 (0.00%)
  • 10 Year  1.83%  -0.01 (-0.54%)
  • 30 Year  2.68%  -0.02 (-0.74%)
 
 II. b.   US Energy Information Administration   (US EIA)

  •    –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Thursday, 3/3/2016
 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 3/2 up  @  16,899.32  +34.24  (+0.20%)
  •   :: Pivot point   16855.27
  •   Support (s1)  16810.37       Support (s2)   16721.42
  •   Resistance (r1)   16944.22   Resistance (r2)   16989.12
  •   Simple Moving Average (Close 50):    16535.85
  •   52 week performance  -7.16%  YTD performance  -3.02%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 3/2 up  @    4,703.42  +13.83  (+0.29%)
  •   :: Pivot point   4690.98
  •   Support (s1)   4678.37      Support (s2)  4653.33
  •   Resistance (r1)  4716.02    Resistance (r2)  4728.63
  •   Simple Moving Average (Close 50):  4629.41
  •   52 week performance  -5.31%  YTD performance  -6.07%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 3/2 up  @  1,986.45   +8.10  (+0.41%)
  •   :: Pivot point  1980.59
  •   Support (s1)  1974.66       Support (s2)  1962.88
  •   Resistance (r1)  1992.37     Resistance (r2)  1998.30
  •   Simple Moving Average (Close 50):  1938.79
  •   52 week performance  -5.34%  YTD performance  -2.81%
  •   :: Projected High: 1995.34,   Projected Low:  1977.63
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 3/2 up @ 1,096.81   +5.04  (+0.46%)
  •   :: Pivot point   1093.44
  •   Support (s1)  1090.04     Support (s2)  1083.27
  •   Resistance (r1)  1100.21  Resistance (r2)  1103.61
  •   Simple Moving Average (Close 50):   1070.21
  •   52 week performance  -6.71%  YTD performance  -3.10%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 3/2 up  @  1,065.67  +11.18  (+1.06%)
  •   :: Pivot point  1061.17
  •   Support (s1)  1056.65       Support (s2)    1047.64
  •   Resistance (r1)  1070.18    Resistance (r2)  1074.70
  •   Simple Moving Average (Close 50):  1041.73
  •   52 week performance  -13.41%  YTD performance  -6.18%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 3/2 up  @  1,165.89   +5.86  (+0.51%)
  •   :: Pivot point   1162.22
  •   Support (s1)   1158.54     Support (s2)  1151.19
  •   Resistance (r1)  1169.57   Resistance (r2)  1173.25
  •   Simple Moving Average (Close 50):   1138.45
  •   52 week performance    -7.01%  YTD performance  -3.33%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 3/2 up  @  18.48   +0.14  (+0.76%)
  •   :: Pivot point    18.49
  •   Support (s1)    18.27      Support (s2)  18.05
  •   Resistance (r1)  18.71     Resistance (r2)  18.93
  •   Simple Moving Average (Close 50):  19.81
  •   Simple Moving Average (Close 200)  21.89
  •   :: Close (39 days) above/below (+/-) sma200  (-3.414) (-15.595%)
  •   :: 52 week performance  -12.95%   YTD performance  -18.55%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 3/2 down @  17.09   -0.61  (-3.45%)
  •   :: Pivot point    17.43
  •   Support (s1)    16.44      Support (s2)   15.80
  •   Resistance (r1)  18.07     Resistance (r2)  19.06
  •   Simple Moving Average (Close 50):  21.85
  •   :: 52 week performance   21.72%  YTD performance  -6.15%
–   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Thursday, 3/3/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,     16966.67  …  16832.82
  •   Nasdaq,         4722.33  …   4684.68
  •   S&P 500,        1995.34  …   1977.63
  •   Russell 1000,   1101.91  …   1091.74
  •   Russell 2000,   1072.44  …   1058.91
  •   Russell 3000,   1171.41  …   1160.38
  •   CBOE TNX,         18.60  …     18.16
  •   Volatility,       17.75  …     16.12    3/2
 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, 2/29/2016 thru Friday 3/4/2016  ——-

 

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Hope the above Index Support and Resistance calculations for Thursday, 3/3/2016
help your investing and trading today …

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