Index Support and Resistance for Wednesday, 3/23/2016

 

   I extend my condolences to those that were injured, or grieving  over injured, or lost family, friends, neighbors, co-workers … and/or members of their community, in the cowardly  bombing attacks on unarmed, men, women, and children in Brussels.   
 
  •                 Peace be with you and with us all ….
   Below you will find the Index Support and Resistance for Wednesday, 3/23/2016 as calculated from the changes in Index points through Tuesday, 3/22/2016’s close. 
Index chart 20160322
 Index performance Tuesday, 3/22/2016
  • Dow Jones    17,582.57  -41.30   (-0.23%)    (chart: blue)
  • Nasdaq           4,821.66  +12.79  (+0.27%)    (chart: gold)
  • S&P 500         2,049.80   -1.80   (-0.09%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)     1,132.98   -0.67   (-0.06%)
  • Rus 2k (RUT)    1,097.34   -1.24  (-0.11%)
  • Rus 3k (RUA)   1,204.05   -0.76  (-0.06%)
  • CBOE (TNX)            19.35   +0.12  (+0.62%)
  • Volatility(VIX)       14.17   +0.38  (+2.76%)
 I. a. Select stocks of interest, from Tuesday, 3/22/2016
  • AAPL   106.72  +0.81 (+0.76%)   After Hours: 106.54 -0.18 (-0.17%)
  • C …..     43.38  -0.22 (-0.49%)
  • CHK ….  4.82  -0.06 (-1.13%)   After Hours:   4.79 -0.03 (-0.73%)
  • GE  ….   31.07  -0.02 (-0.06%)   After Hours:  31.09 +0.02 (+0.06%)
  • JCP …    11.26  -0.27 (-2.34%)   After Hours:  11.24 -0.02 (-0.18%)
  • MPC ..  38.57  +0.15 (+0.39%)   After Hours:  38.57 +0.00 (+0.00%)
  • MU …   11.44  -0.09 (-0.78%)   After Hours:  11.45 +0.01 (+0.09%)
  • VRNG     1.76  -0.02 (-1.12%)
  • VZ  …   53.20  -0.24 (-0.45%)
 I. b. Sector summary from Tuesday, 3/22/2016
Sector Change +/-% (best (or least worst) to worst)
  • Healthcare …………………………… +0.85%
  • Technology ………………………….. +0.20%
  • Telecommunications Srvcs ………. -0.08%
  • Industrials ……………………………. -0.23%
  • Basic Materials ………………………. -0.31%
  • Energy …………………………………. -0.33%
  • Utilities ……………………………….. -0.34%
  • Cyclical Cons. Goods ……………….. -0.35%
  • Financials …………………………….. -0.42%
  • Non-Cyclical Cons. Goods ………… -0.48%
 II. Bonds, and/or Currencies, and/or Commodities from Tuesday, 3/22/2016
  II. a.  USA  Bonds
  • 3 Month  0.30%  0.00 (0.00%)
  • 6 Month  0.42%  0.00 (0.00%)
  • 2 Year  0.89%  +0.05 (5.95%)
  • 5 Year  1.41%  +0.06 (4.44%)
  • 10 Year  1.94%  +0.04 (2.11%)
  • 30 Year  2.72%  +0.02 (0.74%)

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

 III.  Index Support and Resistance for Wednesday, 3/23/2016
  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 3/22 down  @  17,582.57  -41.30  (-0.23%) (below PP)
  •   :: Pivot point (PP)   17590.64
  •   Support (s1)  17532.35          Support (s2)   17482.12
  •   Resistance (r1)   17640.87   Resistance (r2)   17699.16
  •   Simple Moving Average (Close 50):    16535.63
  •   52 week performance  -2.94%  YTD performance  +0.90%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 3/22 up  @  4,821.66  +12.79  (+0.27%)  (above PP)
  •   :: Pivot point (PP)  4812.99
  •   Support (s1)   4790.38        Support (s2)  4759.10
  •   Resistance (r1)  4844.27    Resistance (r2)  4866.88
  •   Simple Moving Average (Close 50):  4572.16            (up tick  3/21)
  •   52 week performance  -3.47%  YTD performance  -3.71%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 3/22 down  @  2,049.80   -1.80  (-0.09%)  (above PP)
  •   :: Pivot point (PP)  2048.99
  •   Support (s1)  2041.38        Support (s2)  2032.96
  •   Resistance (r1)  2057.41     Resistance (r2)  2065.02
  •   Simple Moving Average (Close 50):  1937.03
  •   52 week performance  -1.99%  YTD performance  +0.29%
  •   :: Projected High: 2061.22   Projected Low:  2045.19
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 3/22 down  @  1,132.98   -0.67  (-0.06%)  (above PP)
  •   :: Pivot point (PP)   1132.35
  •   Support (s1)  1128.10      Support (s2)  1123.21
  •   Resistance (r1)  1137.24   Resistance (r2)  1141.49
  •   Simple Moving Average (Close 50):  1068.58          (up tick  3/15)
  •   52 week performance  -3.66%  YTD performance  +0.10%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 3/22 down  @  1,097.34   -1.24  (-0.11%)  (below PP)
  •   :: Pivot point (PP)  1096.03
  •   Support (s1)   1091.31      Support (s2)   1085.27
  •   Resistance (r1)  1102.07    Resistance (r2)  1106.79
  •   Simple Moving Average (Close 50):  1030.65          (up tick  3/18)
  •   52 week performance  -13.15%  YTD performance  -3.39%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 3/22 down   @  1,204.05   -0.76  (-0.06%)  (above PP)
  •   :: Pivot point (PP)   1203.34
  •   Support (s1)   1198.77     Support (s2)  1193.50
  •   Resistance (r1)  1208.61   Resistance (r2)  1213.18
  •   Simple Moving Average (Close 50):   1133.75           (up tick  3/16)
  •   52 week performance   -2.41%    YTD performance  -0.17%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 3/22 up  @  19.35   +0.12  (+0.62%)  (above PP)
  •   :: Pivot point (PP)    19.19
  •   Support (s1)    19.00      Support (s2)  18.64
  •   Resistance (r1)  19.55     Resistance (r2)  19.74
  •   Simple Moving Average (Close 50):  18.88
  •   Simple Moving Average (Close 200)  21.67
  •   :: Close (53 days) above/below (+/-) sma200  (-2.323) (-10.719%)
  •   :: 52 week performance  3.04%   YTD performance  -14.72%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 3/22 up  @  14.17   +0.38  (+2.76%)  (below PP)
  •   :: Pivot point (PP)    14.23
  •   Support (s1)    13.69      Support (s2)   13.22
  •   Resistance (r1)  14.70     Resistance (r2)  15.24
  •   Simple Moving Average (Close 50):  20.95
  •   :: 52 week performance   -8.23%   YTD performance  -22.19%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Wednesday, 3/23/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,     17615.76  …  17507.24
  •   Nasdaq,         4855.58  …   4801.69
  •   S&P 500,        2061.22  …   2045.19
  •   Russell 1000,   1139.37  …   1130.23
  •   Russell 2000,   1104.43  …   1093.67
  •   Russell 3000,   1210.90  …   1201.06
  •   CBOE TNX,         19.65  …     19.10
  •   Volatility,       14.47  …     13.46
 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 Good Friday 3/25/2016  ——-

 

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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 Wednesday, 3/23/2016
help your investing and trading today …
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