Index Support and Resistance for Monday, 3/7/2016

 

  Below you will find the Index Support and Resistance for Monday, 3/7/2016 as calculated from the changes in Index points through Friday, 3/4/2016’s close.  By the way,  Friday’s close marked the first four day, back to back, positive 2016 closes for the DJIA, the Nasdaq Comp, the S&P 500, as well as the Russell 1000, 2000, and 3000.
Index chart 20160304
 Index performance Friday, 3/4/2016
  • Dow Jones    17,006.77  +62.87  (0.37%)    (chart: blue)
  • Nasdaq   …     4,717.02   +9.60  (0.20%)    (chart: gold)
  • S&P 500  …     1,999.99   +6.59  (0.33%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)    1,105.57   +3.98  (0.36%)
  • Rus 2k (RUT)  1,081.93   +5.89  (0.55%)
  • Rus 3k (RUA)  1,175.82   +4.40  (0.38%)
  • CBOE (TNX)       18.83   +0.53  (2.90%)
  • Volatility(VIX)  16.86   +0.16  (0.96%)
 I. a. Select stocks of interest, from Friday, 3/4/2016
  • AAPL   103.01  +1.51  (+1.49%)
  • C  ….     42.82  -0.02  (-0.05%)
  • CHK ..     5.09  +0.80 (+18.65%)
  • GE …     30.44  +0.22  (+0.73%)
  • JCP  ….   11.22  +0.38  (+3.46%)
  • MPC       37.06  -0.26  (-0.70%)
  • MU …     11.88  +0.09  (+0.76%)
  • VRNG       2.21  +0.01  (+0.45%)
  • VZ ….     51.80  -0.09 (-0.17%)
 I. b. Sector summary from Friday, 3/4/2016
Sector Change +/-% (best (or least worst) to worst)
  • Basic Materials ………………. +2.05%
  • Energy …………………………. +1.56%
  • Utilities ………………………… +1.13%
  • Financials …………………….. +0.71%
  • Non-Cyclical Cons. Goods … +0.64%
  • Industrials …………………….. +0.51%
  • Technology ……………………. +0.39%
  • Cyclical Cons. Goods ………… +0.31%
  • Healthcare …………………….. +0.14%
  • Telecommunications Srvcs … +0.01%
 II. Bonds, and/or Currencies, and/or Commodities from Friday, 3/4/2016
  II. a.  USA  Bonds
  • 3 Month  0.25%  -0.03 (-10.71%)
  • 6 Month  0.44%  -0.01 (-2.22%)
  • 2 Year  0.86%  +0.02 (2.38%)
  • 5 Year  1.37%  +0.04 (3.01%)
  • 10 Year  1.87%  +0.03 (1.63%)
  • 30 Year  2.70%  +0.02 (0.75%)
       

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

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

     

     III.  Index Support and Resistance for Monday, 3/7/2016
      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 3/4 up  @  17,006.77  +62.87  (0.37%)

  •   :: Pivot point   16989.33
  •   Support (s1)  16916.28       Support (s2)   16825.79
  •   Resistance (r1)   17079.82   Resistance (r2)   17152.87
  •   Simple Moving Average (Close 50):    16527.26
  •   52 week performance  -6.23%  YTD performance  -2.40%

( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 3/4 up  @     4,717.02   +9.60  (0.20%)

  •   :: Pivot point   4717.20
  •   Support (s1)   4687.76      Support (s2)  4658.49
  •   Resistance (r1)  4746.47    Resistance (r2)  4775.91
  •   Simple Moving Average (Close 50):  4620.06
  •   52 week performance  -4.27%  YTD performance  -5.80%
     

( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 3/4 up  @  1,999.99   +6.59  (0.33%)

  •   :: Pivot point  1998.63
  •   Support (s1)  1988.13        Support (s2)  1976.27
  •   Resistance (r1)  2010.49     Resistance (r2)  2020.99
  •   Simple Moving Average (Close 50):  1938.13
  •   52 week performance  -3.44%  YTD performance  -2.15%
  •   :: Projected High: 2015.74,   Projected Low:  1993.38

    ( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
    Closed 3/4 up @  1,105.57   +3.98  (0.36%)

  •   :: Pivot point   1104.85
  •   Support (s1)  1098.94      Support (s2)  1092.31
  •   Resistance (r1)  1111.48   Resistance (r2)  1117.39
  •   Simple Moving Average (Close 50):   1069.76
  •   52 week performance  -5.68%  YTD performance  -2.32%
    ( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
    Closed 3/4 up  @  1,081.93   +5.89  (0.55%)
  •   :: Pivot point  1081.33
  •   Support (s1)  1074.42       Support (s2)    1066.91
  •   Resistance (r1)  1088.84    Resistance (r2)  1095.75
  •   Simple Moving Average (Close 50):  1039.91
  •   52 week performance  -11.14%  YTD performance  -4.75%
    ( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
    Closed 3/4 up  @  1,175.82   +4.40  (0.38%)
  •   :: Pivot point   1175.09
  •   Support (s1)   1168.74     Support (s2)  1161.66
  •   Resistance (r1)  1182.17   Resistance (r2)  1188.52
  •   Simple Moving Average (Close 50):   1137.42
  •   52 week performance    -5.26%  YTD performance  -2.51%
    ( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
    Closed 3/4 up   @  18.83   +0.53  (2.90%)
  •   :: Pivot point    18.71
  •   Support (s1)    18.39      Support (s2)  17.96
  •   Resistance (r1)  19.14     Resistance (r2)  19.46
  •   Simple Moving Average (Close 50):  19.67
  •   Simple Moving Average (Close 200)  21.86
  •   :: Close (41 days) above/below (+/-) sma200  (-3.030) (-13.862%)
  •   :: 52 week performance  -15.94%   YTD performance  -17.01%
    ( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
    Closed 3/4 up  @  16.86   +0.16  (0.96%)
  •   :: Pivot point    16.75
  •   Support (s1)    16.16      Support (s2)   15.45
  •   Resistance (r1)  17.46     Resistance (r2)  18.05
  •   Simple Moving Average (Close 50):  21.82
  •   :: 52 week performance   11.95%  YTD performance  -7.41%
  •     –   –   –   –           –   –   –   –           –   –   –   –
     IV.  Index “projected” Highs and Lows for Monday, 3/7/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,     17116.35  …  16952.81
  •   Nasdaq,         4761.19  …   4702.48
  •   S&P 500,        2015.74  …   1993.38
  •   Russell 1000,   1114.44  …   1101.90
  •   Russell 2000,   1092.30  …   1077.88
  •   Russell 3000,   1185.35  …   1171.92
  •   CBOE TNX,         19.30  …     18.55
  •   Volatility,       17.76  …     16.46   3/4
     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)   3/4
  •    —     —     —     —     —     —     —     —     —
    ——  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

     

    Please read:

     
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    Hope the above Index Support and Resistance calculations for Monday, 3/7/2016
    help your investing and trading today …
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