Index Support and Resistance for Friday, 4/8/2016

 

  Below you will find the Index Support and Resistance for Friday, 4/8/2016 as calculated from the changes in Index points through Thursday, 4/7/2016’s close.
           ———————-
Index chart 20160407
 Index performance Thursday, 4/7/2016
  • Dow Jones    17,541.96  -174.09  (-0.98%)    (chart: blue)
  • Nasdaq           4,848.37     -72.35  (-1.47%)    (chart: gold)
  • S&P 500          2,041.91     -24.75  (-1.20%)     (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)     1,128.66   -13.71  (-1.20%)
  • Rus 2k (RUT)   1,092.79   -16.03  (-1.45%)
  • Rus 3k (RUA)   1,199.44   -14.79  (-1.22%)
  • CBOE (TNX)           16.91    -0.64  (-3.65%)
  • Volatility(VIX)      16.16    +2.07  (14.69%)
 I. a. Select stocks of interest, from Thursday, 4/7/2016
  • AAPL   108.54  -2.42 (-2.18%)   After Hours: 108.39 -0.15 (-0.14%)
  • C       40.27  -1.60 (-3.82%)   After Hours: 40.19 -0.08 (-0.20%)
  • CHK      3.62  -0.11 (-2.82%)
  • GE      30.61  -0.29 (-0.94%)   After Hours: 30.57 -0.04 (-0.13%)
  • JCP     10.16  -0.41 (-3.92%)
  • MPC     37.46  +0.99 (+2.71%)
  • MU      10.51  +0.04 (+0.38%)   After Hours: 10.55 +0.04 (0.38%)
  • VRNG     1.54  -0.03 (-1.91%)
  • VZ      51.99  -1.53 (-2.86%)   After Hours: 51.95 -0.04 (-0.08%)
 I. b. Sector summary from Thursday, 4/7/2016
Sector Change +/-% (best (or least worst) to worst)
  • Utilities ………………………… +0.07%
  • Telecommunications Srvcs … -0.72%
  • Non-Cyclical Cons. Goods ….. -0.83%
  • Industrials …………………….. -0.86% 
  • Healthcare …………………….. -0.92% 
  • Energy …………………………… -1.03% 
  • Basic Materials ………………… -1.16% 
  • Cyclical Cons. Goods …………. -1.19% 
  • Technology ………………… -1.47%  
  • Financials …………….. -1.81% 
 II. Bonds, and/or Currencies, and/or Commodities from Thursday, 4/7/2016
  II. a.  USA  Bonds
  • 3 Month  0.23%  +0.02 (9.52%)
  • 6 Month  0.34%  +0.01 (3.03%)
  •  2 Year  0.68%  -0.03 (-4.23%)
  •  5 Year  1.13%  -0.04 (-3.42%)
  • 10 Year  1.69%  -0.04 (-2.31%)
  • 30 Year  2.51%  -0.04 (-1.57%)

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

 III.  Index Support and Resistance for Thursday, 4/7/2016

 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 4/7 down  @  17,541.96  -174.09  (-0.98%) (below PP)
  •   :: Pivot point (PP)   17571.16
  •   Support (s1)  17455.03       Support (s2)   17368.11
  •   Resistance (r1)   17658.08   Resistance (r2)   17774.21
  •   Simple Moving Average (Close 50):    16870.33       (uptrend  3/16)
  •   52 week performance  -2.01%  YTD performance  +0.67%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 4/7 down  @  4,848.37   -72.35  (-1.47%)  (below PP)
  •   :: Pivot point (PP)  4860.45
  •   Support (s1)   4819.41      Support (s2)  4790.45
  •   Resistance (r1)  4889.41    Resistance (r2)  4930.45
  •   Simple Moving Average (Close 50):  4637.42          (uptrend  3/21)
  •   52 week performance  -2.54%   YTD performance  -3.18%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 4/7 down  @  2,041.91   -24.75  (-1.20%)  (below PP)
  •   :: Pivot point (PP)  2046.24
  •   Support (s1)  2029.47        Support (s2)  2017.03
  •   Resistance (r1)  2058.68     Resistance (r2)  2075.45
  •   Simple Moving Average (Close 50):  1971.61          (uptrend  3/16)
  •   52 week performance  -2.36%  YTD performance  -0.10%
  •   :: Projected High: 2052.46   Projected Low:  2023.25
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 4/7 down  @  1,128.66   -13.71  (-1.20%)  (below PP)
  •   :: Pivot point (PP)   1131.49
  •   Support (s1)  1121.26      Support (s2)  1113.87
  •   Resistance (r1)  1138.88   Resistance (r2)  1149.11
  •   Simple Moving Average (Close 50):  1087.96          (uptrend  3/16)
  •   52 week performance  -3.11%  YTD performance  -0.28%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 4/7 down  @  1,092.79   -16.03  (-1.45%)  (below PP)
  •   :: Pivot point (PP)  1096.41
  •   Support (s1)   1084.94      Support (s2)   1077.08
  •   Resistance (r1)  1104.27    Resistance (r2)  1115.74
  •   Simple Moving Average (Close 50):  1049.35          (uptrend  3/18)
  •   52 week performance  -13.21%  YTD performance   -3.79%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 4/7 down   @  1,199.44   -14.79  (-1.22%)  (below PP)
  •   :: Pivot point (PP)   1202.51
  •   Support (s1)   1191.52     Support (s2)  1183.60
  •   Resistance (r1)  1210.43   Resistance (r2)  1221.42
  •   Simple Moving Average (Close 50):   1153.99          (uptrend  3/16)
  •   52 week performance   -4.76%    YTD performance  -0.55%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 4/7 down  @   16.91    -0.64  (-3.65%)  (below PP)
  •   :: Pivot point (PP)    17.06
  •   Support (s1)    16.70      Support (s2)  16.48
  •   Resistance (r1)  17.28     Resistance (r2)  17.64
  •   Simple Moving Average (Close 50):  18.34
  •   Simple Moving Average (Close 200)  21.36
  •   :: Close (64 days) above/below (+/-) sma200  (-4.448) (-20.826%)
  •   :: 52 week performance  -13.64%   YTD performance -25.47%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 4/7 up   @  16.16    +2.07  (14.69%)  (above PP)
  •   :: Pivot point (PP)    15.87
  •   Support (s1)    14.97      Support (s2)   13.78
  •   Resistance (r1) 17.06     Resistance (r2)  17.96
  •   Simple Moving Average (Close 50):  18.66
  •   :: 52 week performance   +28.46%   YTD performance  -11.26%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Friday, 4/8/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 17614.62  …  17411.57
  •   Nasdaq……..  4874.93  …   4804.93
  •   S&P 500 ……  2052.46  …   2023.25
  •   Russell 1000 .  1135.19  …   1117.57
  •   Russell 2000 .  1100.34  …   1081.01
  •   Russell 3000 .  1206.47  …   1187.56
  •   CBOE TNX ……   17.17  …     16.59
  •   Volatility …    17.51  …     15.42
 V.  Index: 52week High,  52week Low, (Close 12/31/15)
  • 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, 4/4/2016 thru Friday 4/8/2016  ——-

 

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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 Friday, 4/8/2016
help your investing and trading today …
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