Index Support and Resistance for Wednesday, 3/2/2016

 

  Below you will find the Index Support and Resistance for Wednesday, 3/2/2016 as calculated from the changes in Index points through Tuesday, 3/1/2016’s close.
  Index chart 20160301
 Index performance Tuesday, 3/1/2016
  • Dow Jones    16,865.08  +348.58  (+2.11%)    (chart: blue)
  • Nasdaq  …      4,689.60  +131.65  (+2.89%)    (chart: gold)
  • S&P 500  …     1,978.35   +46.12  (+2.39%)     (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,091.78  +25.20  (+2.36%)
  • Rus 2k (RUT)  1,054.49  +20.59  (+1.99%)
  • Rus 3k (RUA)  1,160.03  +26.47  (+2.34%)
  • CBOE (TNX)       18.34   +0.94  (+5.40%)
  • Volatility(VIX)  17.70   -2.85 (-13.87%)
 I. a. Select stocks of interest, from Tuesday, 3/1/2016
  • AAPL   100.53  +3.84  (+3.97%)   After Hours: 100.65 +0.12 (+0.12%)
  • C  ….     41.28  +2.43  (+6.25%)   After Hours:  41.21 -0.07 (-0.17%)
  • CHK        2.76  +0.15  (+5.75%)   After Hours:   2.66 -0.10 (-3.62%)
  • GE        29.88  +0.74  (+2.54%)   After Hours:  29.88 +0.00 (+0.00%)
  • JCP        10.19  -0.01  (-0.15%)   After Hours:  10.11 -0.08 (-0.74%)
  • MPC     34.63  +0.38  (+1.11%)   After Hours:  34.59 -0.04 (-0.12%)
  • MU        11.07  +0.44  (+4.14%)   After Hours:  11.05 -0.02 (-0.18%)
  • VRNG     2.25  -0.27 (-10.71%)
  • VZ          51.45  +0.72  (+1.42%)
 I. b. Sector summary from Tuesday, 3/1/2016
Sector Change +/-% (best (or least worst) to worst)
  • Financials ………………………. +3.18%
  • Technology ………………………. +3.03%
  • Energy …………………………….. +2.17%
  • Healthcare ………………………. +2.11%
  • Basic Materials  …………………. +2.10%
  • Cyclical Cons. Goods ………….. +2.09%
  • Industrials ……………………… +2.05%
  • Telecommunications Srvcs ………….. +2.02%
  • Non-Cyclical Cons. Goods ………….. +1.29%
  • Utilities ……………………….. -0.09%
 II. Bonds, and/or Currencies, and/or Commodities from Tuesday, 3/1/2016
  II. a.  USA  Bonds
  • 3 Month  0.30%  -0.01 (-3.23%)
  • 6 Month  0.46%  0.00 (0.00%)
  • 2 Year  0.84%  +0.06 (7.69%)
  • 5 Year  1.31%  +0.10 (8.26%)
  • 10 Year  1.82%  +0.08 (4.60%)
  • 30 Year  2.69%  +0.07 (2.67%)

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

  •    –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Wednesday, 3/2/2016
  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 3/1 up  @  16,865.08  +348.58  (+2.11%)
  •   :: Pivot point   16758.77
  •   Support (s1)  16651.98       Support (s2)   16438.88
  •   Resistance (r1)   16971.87   Resistance (r2)   17078.66
  •   Simple Moving Average (Close 50):    16547.78
  •   52 week performance  -7.78%  YTD performance  -3.21%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 3/1 up  @    4,689.60  +131.65  (+2.89%)
  •   :: Pivot point   4653.65
  •   Support (s1)   4617.70      Support (s2)  4545.80
  •   Resistance (r1)  4725.55    Resistance (r2)  4761.50
  •   Simple Moving Average (Close 50):  4635.39
  •   52 week performance  -5.83%  YTD performance  -6.35%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 3/1 up  @  1,978.35   +46.12  (+2.39%)
  •   :: Pivot point  1964.60
  •   Support (s1)  1950.84       Support (s2)  1923.34
  •   Resistance (r1)  1992.10     Resistance (r2)  2005.86
  •   Simple Moving Average (Close 50):  1939.90
  •   52 week performance  -6.14%  YTD performance  -3.21%
  •   :: Projected High: 1998.98,   Projected Low:  1957.72
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 3/1 up @ 1,091.78  +25.20  (+2.36%)
  •   :: Pivot point   1083.80
  •   Support (s1)  1075.82     Support (s2)  1059.86
  •   Resistance (r1)  1099.76  Resistance (r2)  1107.74
  •   Simple Moving Average (Close 50):   1070.87
  •   52 week performance  -7.54%  YTD performance  -3.54%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 3/1 up  @  1,054.49  +20.59  (+1.99%)
  •   :: Pivot point  1048.17
  •   Support (s1)  1041.84       Support (s2)    1029.20
  •   Resistance (r1)  1060.81    Resistance (r2)  1067.14
  •   Simple Moving Average (Close 50):  1043.12
  •   52 week performance  -14.60%  YTD performance  -7.17%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 3/1 up  @  1,160.03  +26.47  (+2.34%)
  •   :: Pivot point   1151.63
  •   Support (s1)   1143.22     Support (s2)  1126.42
  •   Resistance (r1)  1168.43   Resistance (r2)  1176.84
  •   Simple Moving Average (Close 50):   1139.70
  •   52 week performance    -7.34%  YTD performance  -3.82%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 3/1 up  @  18.34   +0.94  (+5.40%)
  •   :: Pivot point    18.00
  •   Support (s1)    17.62      Support (s2)  16.91
  •   Resistance (r1)  18.71     Resistance (r2)  19.09
  •   Simple Moving Average (Close 50):  19.90
  •   Simple Moving Average (Close 200)  21.91
  •   :: Close (38 days) above/below (+/-) sma200  (-3.575) (-16.311%)
  •   :: 52 week performance  -13.57%   YTD performance  -19.17%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 3/1 down @  17.70   -2.85 (-13.87%)
  •   :: Pivot point    18.51
  •   Support (s1)    16.85      Support (s2)   16.00
  •   Resistance (r1)  19.36     Resistance (r2)  21.02
  •   Simple Moving Average (Close 50):  21.93
  •   :: 52 week performance   24.39%  YTD performance  -2.80%
–   –   –   –           –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Wednesday, 3/2/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,     17025.27  …  16705.38
  •   Nasdaq,         4743.53  …   4635.68
  •   S&P 500,        1998.98  …   1957.72
  •   Russell 1000,   1103.75  …   1079.81
  •   Russell 2000,   1063.98  …   1045.01
  •   Russell 3000,   1172.64  …   1147.43
  •   CBOE TNX,         18.90  …     17.81
  •   Volatility,       18.94  …     16.43
 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  ——-

 

  •  ( 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, 3/2/2016
help your investing and trading today …

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