Index Support and Resistance for Tuesday, 4/19/2016

 

  Below you will find the Index Support and Resistance for Tuesday, 4/19/2016 as calculated from the changes in Index points through Monday, 4/18/2016’s close. 
  Led by a recovery in the energy sector,  USA tocks closed higher on Monday.
  As the pre-market E-mini futures trading foretold, traders saw the lack of a Doha agreement as bearish for crude and USA stocks, which resulted in a pull back in the price of crude oil.  Traders following the Doha news, in sympathy with the bearish tone in crude, from the opening bell, sent the market indices and stocks on a downward course early in the day, but the bearish sentiment didn’t last long, and markets recovered losses by 10 AM, climbed higher in the rest of the morning trading, and trended higher the rest of the day. The Energy Sector gained, up +1.37%,  the Basic Materials Sector gained, up +1.08%, Healthcare and consumer sector companies also posted big gains.
::  Monday, the Dow Jones Industrial Average (DJIA) opened down at 17890.20 points, pulled back to a low of 17848.22 points, then seemingly spinning on a dime, gained 106.70 points, or 0.6 percent, to 18,004.16.  The DJIA is now only down -347.20 points, or -1.892%, from its 52 week high of 18351.36.  For Year 2016 to date, the DJIA is up +579.13 points, or +3.32 percent.  The DJIA is a mildly bullish +50.19 points above its Pivot Point for today’s trading.
::  Monday, the Standard & Poor’s 500 Index gained 13.61 points, or +0.7 percent, to 2,094.34.  For Year 2016 to date, the S&P 500 is up +50.40 points, or +2.5 percent.
::  The Nasdaq Composite Index gained 21.80 points, or +0.4 percent, to 4,960.02.  For Year 2016 to date, the Nasdaq is down 47.39 points, or 1.0 percent.
Index chart 20160418
 Index performance Monday, 4/18/2016
  • Dow Jones    18,004.16  +106.70  (+0.60%)    (chart: blue)
  • Nasdaq        4,960.02   +21.80  (+0.44%)    (chart: gold)
  • S&P 500       2,094.34   +13.61  (+0.65%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,158.50   +7.18   (+0.62%)
  • Rus 2k (RUT)  1,139.28   +8.36   (+0.74%)
  • Rus 3k (RUA)  1,232.56   +7.75   (+0.63%)
  • CBOE (TNX)       17.73   +0.21   (+1.20%)
  • Volatility(VIX)  13.35   -0.27   (-1.98%)
 I. a. Select stocks of interest, from Monday, 4/18/2016
  • AAPL   107.48  -2.37 (-2.16%)   After Hours: 107.45 -0.03 (-0.03%)
  • C       45.10  +0.18 (+0.40%)
  • CHK      5.95  -0.08 (-1.24%)
  • GE      31.07  +0.04 (+0.13%)   After Hours:  31.03 -0.04 (-0.13%)
  • JCP      9.90  +0.05 (+0.51%)   After Hours:   9.86 -0.04 (-0.40%)
  • MPC     38.42  +0.52 (+1.37%)   After Hours:  38.42 +0.00 (+0.00%)
  • MU      10.89  +0.20 (+1.87%)   After Hours:  10.91 +0.02 (+0.18%)
  • VRNG     1.84  -0.09 (-4.66%)
  • VZ      51.72  +0.37 (+0.72%)
 I. b. Sector summary from Monday, 4/18/2016
Sector Change +/-% (best (or least worst) to worst)
  • Energy ………………… +1.37% 
  • Basic Materials ………… +1.08% 
  • Healthcare …………….. +0.85%  
  • Non-Cyclical Cons. Goods … +0.71% 
  • Cyclical Cons. Goods ……. +0.70%    
  • Financials …………….. +0.65%    
  • Telecommunications Srvcs … +0.40%  
  • Industrials ……………. +0.39% 
  • Utilities ……………… +0.38%   
  • Technology …………….. +0.32% 
 II. Bonds, and/or Currencies, and/or Commodities from Monday, 4/18/2016
  II. a.  USA  Bonds
  • 3 Month  0.21%  -0.01 (-4.55%)
  • 6 Month  0.33%  -0.02 (-5.71%)
  •  2 Year  0.73%  -0.01 (-1.35%)
  •  5 Year  1.23%  +0.01 (0.82%)
  • 10 Year  1.77%  +0.01 (0.57%)
  • 30 Year  2.58%  0.00 (0.00%)
II. b.   US Energy Information Administration   (US EIA)

For both Bulls and Bears:

current XLE quote (Reuters) and more

Related previous XLE analysis:

SELECT SECTOR SPDR ENERGY FUND (XLE) (d-w-m) (p2)

  • –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Tuesday, 4/19/2016
 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 4/18 up  @  18,004.16  +106.70  (+0.60%) (+50.2 pts above PP)
  •   :: Pivot point (PP)   17953.97
  •   Support (s1)  17898.41       Support (s2)   17792.66
  •   Resistance (r1)   18059.72   Resistance (r2)   18115.28
  •   Simple Moving Average (Close 50):    17085.42       (uptrend  3/16)
  •   52 week performance  +1.00%   YTD performance  +3.32%
  Sorry for the delayed posting, …. I am working on organizing/assembling new databases, spreadsheets, and charts  as I am working on new (my own) indicators and models …  and these got stuck in draft form when I got behind.   I am posting these in date order for reference.   I will complete this after I post Monday, 4/25/2016.  
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