Index Support and Resistance for Monday, 5/9/2016

 

 Below you will find the Index Support and Resistance for Friday, 5/9/2016 as calculated from the changes in Index points through Friday, 5/6/2016’s close.
  On Friday, 5/6/2016:
The Dow Jones Industrial Average (DJIA, .DJI) gained +79.92 points, or +0.453 percent, to 17,740.63.  However, for the week, the DJIA is down -33.01 points, or -0.18572 percent.  Year to date, from close on (see below), the Dow is up +315.60 points, or +1.811 percent.
The Standard & Poor’s 500 Index (SPX, .INX) gained +6.51 of a point, or +0.317 percent, to 2,057.14.  For the week, the S&P 500 Index is down -8.16 points, or -0.395 percent.  Year to date, the S&P 500 is up +13.20 points, or +0.646 percent.
The Nasdaq Composite Index gained +19.07 points, or +0.404 percent, to 4,736.16.  For the week, the lagging Nasdaq composite is down -39.2 points, or -0.821 percent.  Year to date, the Nasdaq is down -271.25 points, or -5.354 percent.
Index chart 20160506
 Index performance Friday, 5/6/2016
  • Dow Jones    17,740.63  +79.92  (+0.45%)    (chart: blue)
  • Nasdaq  ….     4,736.15  +19.06  (+0.40%)    (chart: gold)
  • S&P 500 …      2,057.14   +6.51  (+0.32%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,138.15   +3.70  (+0.33%)
  • Rus 2k (RUT)  1,114.72   +6.77  (+0.61%)
  • Rus 3k (RUA)  1,210.55   +4.18  (+0.35%)
  • CBOE (TNX)       17.79   +0.32  (+1.83%)
  • Volatility(VIX)  14.72   -1.19  (-7.48%)
 I. a. Select stocks of interest, from Friday, 5/6/2016
  • AAPL  92.72  -0.52  (-0.56%)   After Hours: 92.74 +0.02 (0.02%)
  • C ….    44.41  +0.18  (+0.41%)   After Hours: 44.49 +0.08 (0.18%)
  • CHK  ..  4.58  -1.13 (-19.79%)   After Hours:  4.55 -0.03 (-0.66%)
  • GE …   30.13  +0.24  (+0.80%)   After Hours: 30.14 +0.01 (0.03%)
  • JCP …   8.26  -0.67  (-7.51%)
  • MPC.   35.88  -0.21  (-0.58%)   After Hours: 35.80 -0.08 (-0.22%)
  • MU ..    9.99  -0.07  (-0.70%)   After Hours: 10.00 +0.01 (0.10%)
  • VRNG   1.97  -0.01  (-0.51%)
  • VZ  …  51.13  +0.29  (+0.57%)   After Hours: 51.15 +0.02 (0.04%)
 I. b. Sector summary from Friday, 5/6/2016
Sector Change +/-% (best (or least worst) to worst)
  • Basic Materials …………………………. +1.08% 
  • Non-Cyclical Cons. Goods ……………. +0.81%    
  • Cyclical Cons. Goods …………………… +0.69%  
  • Industrials ……………………………….. +0.64% 
  • Technology ………………………………. +0.61% 
  • Financials ………………………………… +0.43% 
  • Telecommunications Srvcs …………… +0.03% 
  • Energy ………………………….. -0.15%
  • Utilities ………………………… -0.29%
  • Healthcare …………………….. -0.52% 
 II. Bonds, and/or Currencies, and/or Commodities from Friday, 5/6/2016

  II. a.  USA  Bonds

  • 3 Month  0.20%  +0.01 (5.26%)
  • 6 Month  0.37%  +0.01 (2.78%)
  •  2 Year  0.73%  +0.03 (4.29%)
  •  5 Year  1.23%  +0.05 (4.24%)
  • 10 Year  1.77%  +0.06 (3.51%)
  • 30 Year  2.63%  +0.03 (1.15%)
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 Monday, 5/9/2016
 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 5/6 up  @  17,740.63  +79.92  (+0.45%)
:: Closed   (above 5/6 PP)  (above 5/9 PP)
  •   :: Pivot point (PP)   17688.52
  •   Support (s1)  17632.49       Support (s2)   17524.36
  •   Resistance (r1)   17796.65   Resistance (r2)   17852.68
  •   Simple Moving Average (Close 50):    17544.60       (uptrend  3/16)
  •   52 week performance  -1.02%  YTD performance  +1.81%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 5/6 up  @    4,736.15  +19.06  (+0.40%)
:: Closed   (above 5/6 PP)  (above 5/9 PP)
  •   :: Pivot point (PP)  4718.87
  •   Support (s1)   4701.57      Support (s2)  4666.99
  •   Resistance (r1)  4753.45    Resistance (r2)  4770.75
  •   Simple Moving Average (Close 50):  4804.84          (uptrend  3/21)
  •   52 week performance  -5.34%   YTD performance   -5.42%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 5/6 up  @   2,057.14   +6.51  (+0.32%)
:: Closed   (above 5/6 PP)  (above 5/9 PP)
  •   :: Pivot point (PP)  2051.44
  •   Support (s1)  2045.15        Support (s2)  2033.17
  •   Resistance (r1)  2063.42     Resistance (r2)  2069.71
  •   Simple Moving Average (Close 50):  2045.06         (uptrend  3/16)
  •   52 week performance  -2.79%  YTD performance  +0.65%
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 5/6 up  @  1,138.15   +3.70  (+0.33%)
:: Closed   (above 5/6 PP)  (above 5/9 PP)
  •   :: Pivot point (PP)   1134.96
  •   Support (s1)  1131.48      Support (s2)  1124.81
  •   Resistance (r1)  1141.63   Resistance (r2)  1145.11
  •   Simple Moving Average (Close 50):  1130.62          (uptrend  3/16)
  •   52 week performance  -2.34%  YTD performance  +0.55%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 5/6 up  @  1,114.72   +6.77  (+0.61%)
:: Closed   (above 5/6 PP)  (above 5/9 PP)
  •   :: Pivot point (PP)  1110.35
  •   Support (s1)   1105.94      Support (s2)   1097.15
  •   Resistance (r1)  1119.14    Resistance (r2)  1123.55
  •   Simple Moving Average (Close 50):  1102.93          (uptrend  3/18)
  •   52 week performance  -9.73%   YTD performance   -1.86%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 5/6 up   @  1,210.55   +4.18  (+0.35%)
:: Closed   (above 5/6 PP)  (above 5/9 PP)
  •   :: Pivot point (PP)   1207.01
  •   Support (s1)   1203.33     Support (s2)  1196.12
  •   Resistance (r1)  1214.22   Resistance (r2)  1217.90
  •   Simple Moving Average (Close 50):   1200.63          (uptrend  3/16)
  •   52 week performance   -3.67%    YTD performance  +0.37%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 5/6 up  @   17.79   +0.32  (+1.83%)
:: Closed   (above 5/6 PP)  (above 5/9 PP)
  •   :: Pivot point (PP)    17.57
  •   Support (s1)    17.27      Support (s2)  16.76
  •   Resistance (r1)  18.08     Resistance (r2)  18.38
  •   Simple Moving Average (Close 50):  18.32          (uptrend  4/21)
  •   Simple Moving Average (Close 200)  20.77
  •   :: Close (85 days) above/below (+/-) sma200  (-2.982) (-14.354%)
  •   :: 52 week performance  -17.26%   YTD performance -21.60%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 5/6 down   @  14.72   -1.19  (-7.48%)
:: Closed (below 5/6 PP)  (below 5/9 PP)
  •   :: Pivot point (PP)    15.34
  •   Support (s1)    14.09      Support (s2)   13.47
  •   Resistance (r1)  15.96     Resistance (r2)  17.21
  •   Simple Moving Average (Close 50):  15.23         (downtrend)
  •   :: 52 week performance   +6.28%   YTD performance  -19.17%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Monday, 5/9/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 17824.67  …  17660.51
  •   Nasdaq……..  4762.10  …   4710.22
  •   S&P 500 ……  2066.57  …   2048.30
  •   Russell 1000 .  1143.37  …   1133.22
  •   Russell 2000 .  1121.35  …   1108.15
  •   Russell 3000 .  1216.06  …   1205.17
  •   CBOE TNX ……   18.23  …     17.42
  •   Volatility …    15.65  …     13.78
 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, 5/9/2016 thru Friday 5/13/2016  ——-

 

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Hope the above Index Support and Resistance calculations for Monday, 5/9/2016
help your investing and trading planning today …

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