Index Support and Resistance for Monday, 3/14/2016

 

 Below you will find the Index Support and Resistance for Monday, 3/14/2016 as calculated from the changes in Index points through Friday, 3/11/2016’s close.   Friday, 3/18/2016 is third Friday of the month options expiration, ** and ** Quadruple witching Friday. 
  Thursday, 3/31/2016, is the last trading day of March 2016 as well as the last trading day of the first quarter of 2016.   With only 14 trading days left in Q1 2016, expect Funds to be “window dressing”, buying winners and selling losing shares, for their upcoming Q1 2016 investor reports.
  Pros and Cons:   In a “Bullish” note, all the indices noted below, with the exception of the VIX,  closed Friday above their Pivot Point for Monday.   However, there is evidence US Daylight Savings time, possibly due to the loss of sleep,  could be detrimental to the indices on Monday.   Hmmmm!
  •             ————————–
Index chart 20160311
 Index performance Friday, 3/11/2016
  • Dow Jones    17,213.31  +218.18  (+1.28%)    (chart: blue)
  • Nasdaq  ..      4,748.47   +86.31  (+1.85%)    (chart: gold)
  • S&P 500         2,022.19   +32.62  (+1.64%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,117.26   +18.58  (+1.69%)
  • Rus 2k (RUT)  1,087.56   +23.57  (+2.22%)
  • Rus 3k (RUA)  1,187.79   +20.19  (+1.73%)
  • CBOE (TNX)       19.77    +0.48  (+2.49%)
  • Volatility(VIX)  16.50    -1.55  (-8.59%)
 I. a. Select stocks of interest, from Friday, 3/11/2016
  • AAPL   102.26  +1.09 (1.08%)   After Hours: 102.22 -0.04 (-0.04%)
  • C  ….     42.99  +1.62 (3.92%)
  • CHK  ..    4.68  +0.07 (1.63%)   After Hours: 4.66 -0.03 (-0.54%)
  • GE …     30.33  +0.39 (1.30%)   After Hours: 30.31 -0.02 (-0.07%)
  • JCP ..    11.23  -0.32 (-2.77%)   After Hours: 11.20 -0.03 (-0.27%)
  • MPC  ..   37.72  +1.38 (3.81%)
  • MU …     11.39  +0.51 (4.69%)   After Hours: 11.33 -0.06 (-0.53%)
  • VRNG     1.93  -0.12 (-5.85%)
  • VZ ….     52.53  +0.21 (0.40%)   After Hours: 52.53 0.00 (0.00%)
 I. b. Sector summary from Friday, 3/11/2016
Sector Change +/-% (best (or least worst) to worst)
  • Financials  ……………………. +2.69%
  • Energy  ………………………… +2.64%
  • Technology  …………………… +1.82%
  • Healthcare  ……………………. +1.79%
  • Telecommunications Srvcs ……….. +1.59%
  • Industrials  …………………………. +1.57%
  • Cyclical Cons. Goods …………… +1.55%
  • Basic Materials ……………….. +1.53%
  • Non-Cyclical Cons. Goods ……….. +0.59%
  • Utilities  …………………………… +0.55%
 II. Bonds, and/or Currencies, and/or Commodities from Friday, 3/11/2016
  II. a.  USA  Bonds
  • 3 Month  0.28%  0.00 (0.00%)
  • 6 Month  0.46%  +0.01 (2.22%)
  • 2 Year  0.96%  +0.02 (2.13%)
  • 5 Year  1.49%  +0.03 (2.05%)
  • 10 Year  1.98%  +0.04 (2.06%)
  • 30 Year  2.75%  +0.06 (2.23%)

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

 III.  Index Support and Resistance for Monday, 3/14/2016
  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 3/11 up  @  17,213.31  +218.18  (+1.28%)
  •   :: Pivot point   17149.46
  •   Support (s1)  17078.84       Support (s2)   16944.36
  •   Resistance (r1)   17283.94   Resistance (r2)   17354.56
  •   Simple Moving Average (Close 50):    16475.77
  •   52 week performance  -3.81%  YTD performance  -1.22%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 3/11 up  @   4,748.47   +86.31  (+1.85%)
  •   :: Pivot point   4732.72
  •   Support (s1)   4716.66      Support (s2)  4684.84
  •   Resistance (r1)  4764.54    Resistance (r2)  4780.60
  •   Simple Moving Average (Close 50):  4584.01
  •   52 week performance  -2.53%  YTD performance -5.17%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 3/11 up  @  2,022.19   +32.62  (+1.64%)
  •   :: Pivot point  2013.09
  •   Support (s1)  2003.81        Support (s2)  1985.43
  •   Resistance (r1)  2031.47     Resistance (r2)  2040.75
  •   Simple Moving Average (Close 50):  1931.79
  •   52 week performance  -1.52%  YTD performance  -1.06%
  •   :: Projected High: 2036.11,   Projected Low:  2008.45
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 3/11 up  @  1,117.26   +18.58  (+1.69%)
  •   :: Pivot point   1111.66
  •   Support (s1)  1105.96      Support (s2)  1094.66
  •   Resistance (r1)  1122.96   Resistance (r2)  1128.66
  •   Simple Moving Average (Close 50):   1066.02
  •   52 week performance  -3.19%  YTD performance  -1.29%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 3/11 up  @  1,087.56   +23.57  (+2.22%)
  •   :: Pivot point  1080.51
  •   Support (s1)  1073.16       Support (s2)   1058.75
  •   Resistance (r1)  1094.92    Resistance (r2)  1102.27
  •   Simple Moving Average (Close 50):  1032.56
  •   52 week performance  -11.73%  YTD performance  -4.25%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 3/11 up  @  1,187.79   +20.19  (+1.73%)
  •   :: Pivot point   1181.71
  •   Support (s1)   1175.50     Support (s2)  1163.22
  •   Resistance (r1)  1193.99   Resistance (r2)  1200.20
  •   Simple Moving Average (Close 50):   1133.55
  •   52 week performance    -4.56%   YTD performance  -1.52%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 3/11 up   @  19.77    +0.48  (+2.49%)
  •   :: Pivot point    19.62
  •   Support (s1)    19.39      Support (s2)  19.00
  •   Resistance (r1)  20.01     Resistance (r2)  20.24
  •   Simple Moving Average (Close 50):  19.32
  •   Simple Moving Average (Close 200)  21.78
  •   :: Close (46 days) above/below (+/-) sma200  (-2.006(-9.212%)
  •   :: 52 week performance  -6.39%   YTD performance  -12.87%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 3/11  down  @  16.50    -1.55  (-8.59%)
  •   :: Pivot point    16.68
  •   Support (s1)    16.10      Support (s2)   15.69
  •   Resistance (r1)  17.09     Resistance (r2)  17.67
  •   Simple Moving Average (Close 50):  21.97
  •   :: 52 week performance   5.70%  YTD performance  -9.39%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Monday, 3/14/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,      17319.25  …    17114.15
  •   Nasdaq,             4772.57  …   4724.69
  •   S&P 500,            2036.11  …   2008.45
  •   Russell 1000,    1125.81   …   1108.81
  •   Russell 2000,  1098.60  …   1076.84
  •   Russell 3000,   1197.10   …    1178.61
  •   CBOE TNX,           20.13     …     19.51
  •   Volatility,             16.89     …     15.90
 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, 3/14/2016 thru Friday 3/18/2016  ——-

 

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  •  ( 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 Monday, 3/14/2016
help your investing and trading today …
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