Index Support and Resistance for Thursday, 3/24/2016

 

 Below you will find the Index Support and Resistance for Thursday, 3/24/2016 as calculated from the changes in Index points through Wednesday, 3/23/2016’s close.
Index chart 20160323
 Index performance Wednesday, 3/23/2016
  • Dow Jones    17,502.59  -79.98  (-0.45%)    (chart: blue)
  • Nasdaq        4,768.86  -52.80  (-1.10%)    (chart: gold)
  • S&P 500       2,036.71  -13.09  (-0.64%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,124.72   -8.25  (-0.73%)
  • Rus 2k (RUT)  1,075.70  -21.64  (-1.97%)
  • Rus 3k (RUA)  1,194.18   -9.87  (-0.82%)
  • CBOE (TNX)       18.75   -0.60  (-3.10%)
  • Volatility(VIX)  14.94   +0.77  (+5.43%)
 I. a. Select stocks of interest, from Wednesday, 3/23/2016
  • AAPL   106.13  -0.59  (-0.55%)   After Hours: 106.12 -0.01 (-0.01%)
  • C ….      42.34  -1.04  (-2.40%)   After Hours:  42.45 +0.11 (+0.26%)
  • CHK ..     4.13  -0.69 (-14.32%)   After Hours:   4.17 +0.04 (+0.97%)
  • GE  …    31.07   0.00  (+0.00%)   After Hours:  31.09 +0.02 (+0.06%)
  • JCP     10.96  -0.30  (-2.66%)   After Hours:  10.95 -0.01 (-0.09%)
  • MPC     37.24  -1.33  (-3.45%)   After Hours:  37.24 +0.00 (+0.00%)
  • MU      10.65  -0.79  (-6.91%)   After Hours:  10.70 +0.05 (+0.47%)
  • VRNG     1.66  -0.10  (-5.68%)
  • VZ      52.93  -0.28  (-0.53%)   After Hours:  52.91 -0.02 (-0.04%)
 I. b. Sector summary from Wednesday, 3/23/2016
Sector Change +/-% (best (or least worst) to worst)
  • Non-Cyclical Cons. Goods  … -0.03%
  • Utilities -0.05%
  • Industrials -0.63%
  • Technology -0.72%
  • Healthcare -0.86%
  • Telecommunications Srvcs … -0.89%
  • Cyclical Cons. Goods … -0.94%
  • Financials -1.13%
  • Energy -2.40%
  • Basic Materials -2.60%
 II. Bonds, and/or Currencies, and/or Commodities from Wednesday, 3/23/2016
  II. a.  USA  Bonds
  • 3 Month  0.29%  -0.01 (-3.33%)
  • 6 Month  0.41%  -0.01 (-2.38%)
  • 2 Year  0.86%  -0.03 (-3.37%)
  • 5 Year  1.36%  -0.05 (-3.55%)
  • 10 Year  1.88%  -0.05 (-2.59%)
  • 30 Year  2.66%  -0.06 (-2.21%)

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

 III.  Index Support and Resistance for Thursday, 3/24/2016
 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 3/23 down  @  17,502.59  -79.98  (-0.45%) (below PP)
  •   :: Pivot point (PP)   17525.89
  •   Support (s1)  17462.97       Support (s2)   17423.35
  •   Resistance (r1)   17565.51   Resistance (r2)   17628.43
  •   Simple Moving Average (Close 50):    16557.71
  •   52 week performance  -2.82%  YTD performance  +0.45%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 3/23 down  @  4,768.86  -52.80  (-1.10%)  (below PP)
  •   :: Pivot point (PP)  4783.63
  •   Support (s1)   4750.60      Support (s2)  4732.33
  •   Resistance (r1)  4801.90    Resistance (r2)  4834.93
  •   Simple Moving Average (Close 50):  4574.78          (up tick  3/21)
  •   52 week performance  -2.21%  YTD performance  -4.76%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 3/23 down  @  2,036.71  -13.09  (-0.64%)  (below PP)
  •   :: Pivot point (PP)  2040.04
  •   Support (s1)  2031.53        Support (s2)  2026.35
  •   Resistance (r1)  2045.22     Resistance (r2)  2053.73
  •   Simple Moving Average (Close 50):  1939.29
  •   52 week performance  -1.18%  YTD performance  -0.35%
  •   :: Projected High: 2042.63   Projected Low:  2028.94
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 3/23 down  @  1,124.72   -8.25  (-0.73%)  (below PP)
  •   :: Pivot point (PP)   1127.14
  •   Support (s1)  1121.54      Support (s2)  1118.37
  •   Resistance (r1)  1130.31   Resistance (r2)  1135.91
  •   Simple Moving Average (Close 50):  1069.80          (up tick  3/15)
  •   52 week performance  -3.80%  YTD performance  -0.63%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 3/23 down  @  1,075.70  -21.64  (-1.97%)  (below PP)
  •   :: Pivot point (PP)  1082.82
  •   Support (s1)   1068.58      Support (s2)   1061.47
  •   Resistance (r1)  1089.93    Resistance (r2)  1104.17
  •   Simple Moving Average (Close 50):  1031.33          (up tick  3/18)
  •   52 week performance  -12.82%  YTD performance  -5.30%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 3/23 down   @  1,194.18   -9.87  (-0.82%)  (below PP)
  •   :: Pivot point (PP)   1197.21
  •   Support (s1)   1190.63     Support (s2)  1187.08
  •   Resistance (r1)  1200.76   Resistance (r2)  1207.34
  •   Simple Moving Average (Close 50):   1135.19           (up tick  3/16)
  •   52 week performance   -2.99%    YTD performance  -0.99%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 3/23 down  @  18.75   -0.60  (-3.10%)  (below PP)
  •   :: Pivot point (PP)    18.94
  •   Support (s1)    18.53      Support (s2)  18.31
  •   Resistance (r1)  19.16     Resistance (r2)  19.57
  •   Simple Moving Average (Close 50):  18.84
  •   Simple Moving Average (Close 200)  21.65
  •   :: Close (54 days) above/below (+/-) sma200  (-2.898) (-13.388%)
  •   :: 52 week performance  -2.34%   YTD performance  -17.36%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 3/23 up  @  14.94   +0.77  (+5.43%)  (above PP)
  •   :: Pivot point (PP)    14.77
  •   Support (s1)    14.50      Support (s2)   14.07
  •   Resistance (r1)  15.20     Resistance (r2)  15.47
  •   Simple Moving Average (Close 50):  20.79
  •   :: 52 week performance   -5.44%   YTD performance  -17.96%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Thursday, 3/24/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones,     17545.70  …  17443.16
  •   Nasdaq,         4792.77  …   4741.47
  •   S&P 500,        2042.63  …   2028.94
  •   Russell 1000,   1128.73  …   1119.96
  •   Russell 2000,   1086.38  …   1065.03
  •   Russell 3000,   1198.99  …   1188.86
  •   CBOE TNX,         19.05  …     18.42
  •   Volatility,       15.34  …     14.64
 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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Hope the above Index Support and Resistance calculations for Thursday, 3/24/2016
help your investing and trading today …
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