Index Support and Resistance for Wednesday, 5/4/2016

  Below you will find the Index Support and Resistance for Wednesday, 5/4/2016 as calculated from the changes in Index points through Tuesday, 5/3/2016’s close.
Index chart 20160503
Index performance Tuesday, 5/3/2016
  • Dow Jones    17,750.91   -140.25  (-0.78%)    (chart: blue)
  • Nasdaq           4,763.22      -54.37  (-1.13%)    (chart: gold)
  • S&P 500          2,063.37     -18.06  (-0.87%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,141.90   -10.76  (-0.93%)
  • Rus 2k (RUT)  1,121.76   -19.16  (-1.68%)
  • Rus 3k (RUA)  1,214.81   -12.13  (-0.99%)
  • CBOE (TNX)       18.00    -0.65  (-3.49%)
  • Volatility(VIX)  15.60    +0.92  (+6.27%)
I. a. Select stocks of interest, from Tuesday, 5/3/2016
  • AAPL  95.18  +1.54  (+1.64%)   After Hours: 95.16 -0.02 (-0.02%)
  • C     45.57  -1.11  (-2.38%)   After Hours: 45.66 +0.09 (+0.20%)
  • CHK    5.80  -0.80 (-12.06%)   After Hours:  5.88 +0.08 (+1.47%)
  • GE    30.62  -0.26  (-0.86%)   After Hours: 30.65 +0.02 (+0.08%)
  • JCP    9.32  -0.30  (-3.07%)
  • MPC   37.99  -0.59  (-1.53%)
  • MU    10.36  -0.26  (-2.45%)   After Hours: 10.40 +0.04 (+0.39%)
  • VRNG   2.09  +0.15  (+7.73%)   After Hours:  2.06 -0.03 (-1.44%)
  • VZ    50.69  -0.63  (-1.23%)   After Hours: 50.71 +0.02 (0.04%)
I. b. Sector summary from Tuesday, 5/3/2016
Sector Change +/-% (best (or least worst) to worst)
  • Non-Cyclical Cons. Goods ………… -0.04%    
  • Utilities ……………………………….. -0.37%  
  • Healthcare ……………………………. -0.54%    
  • Cyclical Cons. Goods ……………….. -0.92% 
  • Industrials ……………………………. -0.93%    
  • Technology …………………………… -0.98% 
  • Telecommunications Srvcs ………… -1.01%  
  • Financials ………………………. -1.72% 
  • Energy …………………………… -2.56% 
  • Basic Materials  …………………-3.04%    
II. Bonds, and/or Currencies, and/or Commodities from Tuesday, 5/3/2016
  II. a.  USA  Bonds
  • 3 Month  0.19%  0.00 (0.00%)
  • 6 Month  0.36%  0.00 (0.00%)
  •  2 Year  0.75%  0.00 (0.00%)
  •  5 Year  1.25%  0.00 (0.00%)
  • 10 Year  1.80%  0.00 (0.00%)
  • 30 Year  2.66%  -0.01 (-0.37%)
I. 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 Wednesday, 5/4/2016
   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 5/3 down  @  17,750.91  -140.25  (-0.78%)
:: Closed   (below 5/3 PP)  (below 5/4 PP)
  •   :: Pivot point (PP)   17764.18
  •   Support (s1)  17657.61       Support (s2)   17564.31
  •   Resistance (r1)   17857.48   Resistance (r2)   17964.05
  •   Simple Moving Average (Close 50):    17475.83       (uptrend  3/16)
  •   52 week performance  -1.77%  YTD performance  +1.87%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 5/3 down  @   4,763.22   -54.37  (-1.13%)
:: Closed   (below 5/3 PP)  (below 5/4 PP)
  •   :: Pivot point (PP)  4768.12
  •   Support (s1)   4744.81      Support (s2)  4726.40
  •   Resistance (r1)  4786.53    Resistance (r2)  4809.84
  •   Simple Moving Average (Close 50):  4793.83          (uptrend  3/21)
  •   52 week performance  -3.57%   YTD performance  -4.88%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 5/3 down  @  2,063.37   -18.06  (-0.87%)
:: Closed   (below 5/3 PP)  (below 5/4 PP)
  •   :: Pivot point (PP)  2065.15
  •   Support (s1)  2053.11        Support (s2)  2042.86
  •   Resistance (r1)  2075.40     Resistance (r2)  2087.44
  •   Simple Moving Average (Close 50):  2037.94         (uptrend  3/16)
  •   52 week performance  -1.25%  YTD performance  +0.95%
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 5/3 down  @  1,141.90   -10.76  (-0.93%)
:: Closed   (below 5/3 PP)  (below 5/4 PP)
  •   :: Pivot point (PP)   1143.62
  •   Support (s1)  1135.36      Support (s2)  1128.83
  •   Resistance (r1)  1150.15   Resistance (r2)  1158.41
  •   Simple Moving Average (Close 50):  1126.42          (uptrend  3/16)
  •   52 week performance  -3.20%  YTD performance  +0.89%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 5/3 down  @  1,121.76   -19.16  (-1.68%)
:: Closed   (below 5/3 PP)  (below 5/4 PP)
  •   :: Pivot point (PP)  1125.72
  •   Support (s1)   1112.57      Support (s2)   1103.38
  •   Resistance (r1)  1134.91    Resistance (r2)  1134.91
  •   Simple Moving Average (Close 50):  1097.53          (uptrend  3/18)
  •   52 week performance  -7.71%   YTD performance   -1.24%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 5/3 down   @  1,214.81   -12.13  (-0.99%)
:: Closed   (below 5/3 PP)  (below 5/4 PP)
  •   :: Pivot point (PP)   1216.82
  •   Support (s1)   1207.63     Support (s2)  1200.46
  •   Resistance (r1)  1223.99   Resistance (r2)  1233.18
  •   Simple Moving Average (Close 50):   1195.87          (uptrend  3/16)
  •   52 week performance   -2.15%    YTD performance  +0.72%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 5/3 down  @   18.00    -0.65  (-3.49%)
:: Closed   (below 5/3 PP)  ( at  5/4 PP)
  •   :: Pivot point (PP)    18.00
  •   Support (s1)    17.82      Support (s2)  17.64
  •   Resistance (r1)  18.18     Resistance (r2)  18.36
  •   Simple Moving Average (Close 50):  18.30          (uptrend  4/21)
  •   Simple Moving Average (Close 200)  20.86
  •   :: Close (82 days) above/below (+/-) sma200  (-2.860) (-13.708%)
  •   :: 52 week performance  -17.28%   YTD performance -20.67%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 5/3 up   @  15.60    +0.92  (+6.27%)
:: Closed (above 5/3 PP)  (below 5/4 PP)
  •   :: Pivot point (PP)    15.64
  •   Support (s1)    14.87      Support (s2)   14.13
  •   Resistance (r1)  16.38     Resistance (r2)  17.15
  •   Simple Moving Average (Close 50):  15.50         (downtrend)
  •   :: 52 week performance   +2.97%   YTD performance  -14.33%
  •    –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Wednesday, 5/4/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 17810.83  …  17610.96
  •   Nasdaq……..  4777.33  …   4735.61
  •   S&P 500 ……  2070.28  …   2047.99
  •   Russell 1000 .  1146.89  …   1132.10
  •   Russell 2000 .  1130.32  …   1107.98
  •   Russell 3000 .  1220.41  …   1204.05
  •   CBOE TNX ……   18.09  …     17.73
  •   Volatility …    16.77  …     15.26
 V.  Index: 52week High,  52week Low, (Close 12/31/15)
  • Dow Jones ..  18351.36 ..  15370.33 .. (17425.03)  n/c
  • Nasdaq …..   5231.94 ..   4209.76 ..  (5007.41)  n/c
  • S&P 500 ….   2134.72 ..   1810.10 ..  (2043.94)  n/c
  •   ——————————————-
  • Rus 1k (RUI)   1191.59 ..    995.55 ..  (1069.65)  n/c
  • Rus 2k (RUT)   1296.00 ..    943.10 ..  (1135.89)  n/c
  • Rus 3k (RUA)   1275.89 ..   1056.45 ..  (1206.10)  n/c
  • CBOE (TNX) ….. 24.89 …    15.67  ..   (22.69)  n/c
  • Volatility(VIX)  53.29 …    10.88  ..   (18.21)  n/c
  •    —     —     —     —     —     —
  •     n/c* = no change
——  Monday, 5/2/2016 thru Friday 5/6/2016  ——-

 

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Hope the above Index Support and Resistance calculations for Wednesday, 5/4/2016
help your investing and trading planning today …

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