Index Support and Resistance for Tuesday, 3/22/2016

 

  Below you will find the Index Support and Resistance for Tuesday, 3/22/2016 as calculated from the changes in Index points through Monday, 3/21/2016’s close.
 Heads up:  Yesterday, the 50 day simple moving average for the Nasdaq turned up … looking for up tick confirmation and continuation.
  Index chart 20160321

 Index performance Monday, 3/21/2016
  • Dow Jones    17,623.87  +21.57  (+0.12%)    (chart: blue)
  • Nasdaq        4,808.87  +13.23  (+0.28%)    (chart: gold)
  • S&P 500       2,051.60   +2.02  (+0.10%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,133.65   +1.24  (+0.11%)
  • Rus 2k (RUT)  1,098.58   -3.10  (-0.28%)
  • Rus 3k (RUA)  1,204.81   +0.97  (+0.08%)
  • CBOE (TNX)       19.23   +0.52  (+2.78%)
  • Volatility(VIX)  13.79   -0.23  (-1.64%)
 I. a. Select stocks of interest, from Monday, 3/21/2016
  • AAPL   105.91  -0.01 (-0.01%)   After Hours: 105.92 +0.01 (0.01%)
  • C       43.59  +0.05 (+0.11%)   After Hours: 43.54 -0.05 (-0.11%)
  • CHK      4.88  -0.03 (-0.71%)   After Hours: 4.85 -0.03 (-0.51%)
  • GE      31.08  +0.16 (+0.50%)
  • JCP     11.53  -0.03 (-0.30%)
  • MPC     38.42  +0.19 (+0.50%)   After Hours: 38.43 +0.01 (0.03%)
  • MU      11.53  +0.39 (+3.50%)   After Hours: 11.53 0.00 (0.00%)
  • VRNG     1.78  -0.04 (-2.20%)
  • VZ      53.43  +0.19 (+0.36%)   After Hours: 53.42 -0.01 (-0.02%)
I. b. Sector summary from Monday, 3/21/2016
Sector Change +/-% (best (or least worst) to worst)
  • Healthcare  ……………………………+0.51%
  • Technology ………………………….. +0.19%
  • Industrials …………………………… +0.17%
  • Cyclical Cons. Goods ………………. +0.13%
  • Telecommunications Srvcs ……… +0.07%
  • Financials ……………………………. -0.12%
  • Non-Cyclical Cons. Goods ……….. -0.14%
  • Utilities  ………………………………. -0.21%
  • Basic Materials ……………………… -0.37%
  • Energy  ……………………………….. -0.75%
 II. Bonds, and/or Currencies, and/or Commodities from Monday, 3/21/2016
  II. a.  USA  Bonds
  • 3 Month  0.29%  0.00 (0.00%)
  • 6 Month  0.42%  0.00 (0.00%)
  • 2 Year  0.88%  +0.02 (2.33%)
  • 5 Year  1.38%  +0.02 (1.47%)
  • 10 Year  1.92%  +0.02 (1.05%)
  • 30 Year  2.72%  0.00 (0.00%)
  II. b.   US Energy Information Administration   (US EIA)

III.  Index Support and Resistance for Tuesday, 3/22/2016
 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 3/21 up  @  17,623.87  +21.57  (+0.12%) (above PP)
  •   :: Pivot point (PP)   17606.71
  •   Support (s1)  17568.44       Support (s2)   17513.02
  •   Resistance (r1)   17662.13   Resistance (r2)   17700.40
  •   Simple Moving Average (Close 50):    16510.91
  •   52 week performance  -2.78%  YTD performance  +1.14%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 3/21 up  @  4,808.87  +13.23  (+0.28%)  (above PP)
  •   :: Pivot point (PP)  4803.03
  •   Support (s1)   4791.22      Support (s2)  4773.56
  •   Resistance (r1)  4820.69    Resistance (r2)  4832.50
  •   Simple Moving Average (Close 50):  4568.60            (up tick  3/21)
  •   52 week performance  -4.03%  YTD performance  -3.96%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 3/21 up  @  2,051.60   +2.02  (+0.10%)  (above PP)
  •   :: Pivot point (PP)  2049.55
  •   Support (s1)  2045.19        Support (s2)  2038.78
  •   Resistance (r1)  2055.96     Resistance (r2)  2060.32
  •   Simple Moving Average (Close 50):  1934.48
  •   52 week performance  -2.51%  YTD performance  +0.37%
  •   :: Projected High: 2058.14   Projected Low:  2047.37
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 3/21 up  @  1,133.65   +1.24  (+0.11%)  (above PP)
  •   :: Pivot point (PP)   1132.55
  •   Support (s1)  1130.13      Support (s2)  1126.62
  •   Resistance (r1)  1136.06   Resistance (r2)  1138.48
  •   Simple Moving Average (Close 50):  1067.19          (up tick  3/15)
  •   52 week performance  -3.79%  YTD performance  +0.16%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 3/21 down  @  1,098.58   -3.10  (-0.28%)  (below PP)
  •   :: Pivot point (PP)  1099.46
  •   Support (s1)   1095.28      Support (s2)   1091.99
  •   Resistance (r1)  1102.75    Resistance (r2)  1106.93
  •   Simple Moving Average (Close 50):  1029.63          (up tick  3/18)
  •   52 week performance  -13.14%  YTD performance  -3.28%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 3/21 up   @  1,204.81   +0.97  (+0.08%)  (above PP)
  •   :: Pivot point (PP)   1203.77
  •   Support (s1)   1201.19     Support (s2)  1197.57
  •   Resistance (r1)  1207.39   Resistance (r2)  1209.97
  •   Simple Moving Average (Close 50):   1132.58           (up tick  3/16)
  •   52 week performance    -3.86%   YTD performance  -0.11%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 3/21 up  @  19.23   +0.52  (+2.78%)  (above PP)
  •   :: Pivot point (PP)    19.11
  •   Support (s1)    18.99      Support (s2)  18.74
  •   Resistance (r1)  19.36     Resistance (r2)  19.48
  •   Simple Moving Average (Close 50):  18.94
  •   Simple Moving Average (Close 200)  21.69
  •   :: Close (52 days) above/below (+/-) sma200  (-2.464) (-11.359%)
  •   :: 52 week performance  +0.42%   YTD performance  -15.25%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 3/21 down  @  13.79   -0.23  (-1.64%)  (below PP)
  •   :: Pivot point (PP)    14.10
  •   Support (s1)    13.48      Support (s2)   13.16
  •   Resistance (r1)  14.42     Resistance (r2)  15.04
  •   Simple Moving Average (Close 50):  21.16
  •   :: 52 week performance   +1.25%   YTD performance  -24.27%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Tuesday, 3/22/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,     17681.27  …  17587.58
  •   Nasdaq,         4826.60  …   4797.13
  •   S&P 500,        2058.14  …   2047.37
  •   Russell 1000,   1137.27  …   1131.34
  •   Russell 2000,   1101.11  …   1093.64
  •   Russell 3000,   1208.68  …   1202.48
  •   CBOE TNX,         19.42  …     19.05
  •   Volatility,       14.26  …     13.32
 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, 3/21/2016 thru Quadruple Witching Friday 3/25/2016  ——-

 

( 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 Tuesday, 3/22/2016
help your investing and trading today …
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