Index Support and Resistance for Friday, 5/20/2016

Hello.  Today is third Friday of the month options expiration.  Below you will find the Index Support and Resistance for Friday, 5/20/2016 as calculated from the changes in Index points through Thursday, 5/19/2016’s close.  

To get a sense of what Mr. & Ms. Fickle Markets might be thinking going into third Friday of the month options/futures expiry, it is always good practice to review the week and the days leading into expiry, as well as the week and the days after.

  Day before/Day after Expiry Related blogs:

 

Index chart 201605119

 Index performance Thursday, 5/19/2016

  • Dow Jones    17,435.40  -91.22  (-0.52%)    (chart: blue)
  • Nasdaq   …     4,712.53  -26.59  (-0.56%)    (chart: gold)
  • S&P 500  …   2,040.04   -7.59  (-0.37%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,128.20   -4.40  (-0.39%)
  • Rus 2k (RUT)  1,094.78   -8.18  (-0.74%)
  • Rus 3k (RUA)  1,199.15   -4.99  (-0.41%)
  • CBOE (TNX)       18.45   -0.35  (-1.86%)
  • Volatility(VIX)  16.33   +0.38  (+2.38%)
 I. a. Select stocks of interest, from Thursday, 5/19/2016
  • AAPL … 94.20  -0.36 (-0.38%)   After Hours: 94.31 +0.11 (+0.12%)
  • C ……… 45.05  -0.82 (-1.79%)   After Hours: 45.11 +0.06 (+0.13%)
  • CHK …..  3.88  +0.03 (+0.65%)
  • FH ……..  1.72  +0.03 (+1.78%)
  • GE ……. 29.34  -0.27 (-0.91%)   After Hours: 29.43 +0.09 (+0.31%)
  • JCP …….  7.60  +0.30 (+4.11%)
  • MPC ….. 36.10  -0.65 (-1.76%)
  • MU …… 10.07  +0.02 (+0.20%)   After Hours: 10.10 +0.03 (+0.30%)
  • VZ …….. 49.63  -0.76 (-1.51%)   After Hours: 49.70 +0.07 (+0.14%)
 I. b. Sector summary from Thursday, 5/19/2016
Sector Change +/-% (best (or least worst) to worst)
  • Utilities ……………………………….. +0.68%
  • Non-Cyclical Cons. Goods ………… +0.47%
  • Basic Materials ………………………. +0.42%
  • Cyclical Cons. Goods ……………….. +0.34%
  • Energy ……………………. -0.26% 
  • Technology ………………. -0.54%  
  • Industrials ……………….. -0.75% 
  • Telecommunications Srvcs ….. -0.83%
  • Healthcare ………………. -0.85%
  • Financials ………………. -0.90% 
 II. Bonds, and/or Currencies, and/or Commodities from Thursday, 5/19/2016
  II. a.  USA  Bonds
  • 3 Month  0.29%  0.00 (0.00%)
  • 6 Month  0.41%  -0.01 (-2.38%)
  •  2 Year  0.88%  -0.01 (-1.12%)
  •  5 Year  1.37%  -0.03 (-2.14%)
  • 10 Year  1.84%  -0.03 (-1.60%)
  • 30 Year  2.64%  -0.02 (-0.75%)
  II. b.  Currencies
  • AUD/USD … 0.7227  -0.0001 (-0.02%)
  • EUR/USD … 1.1202  +0.0001 (+0.01%)
  • GBP/USD … 1.4592  -0.0008 (-0.05%)
  •       ———————
  • USD/CAD … 1.3086  -0.0003 (-0.02%)
  • USD/CNY … 6.5468  +0.0008 (+0.01%)
  • USD/HKD … 7.7657  -0.0016 (-0.02%)
  • USD/JPY . 110.0500  +0.1370 (+0.12%)
 II. cUS Energy Information Administration   (US EIA)

For both Bulls and Bears:

current XLE quote (Reuters) and more

Related previous XLE analysis:

 III.  Index Support and Resistance for Friday, 5/20/2016

 

   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 5/19 down  @  17,435.40  -91.22  (-0.52%)
:: Closed   (below 5/19 PP)  (above 5/20 PP)
  •   :: Pivot point (PP)   17426.88
  •   Support (s1)  17339.59       Support (s2)   17243.79
  •   Resistance (r1)   17522.68   Resistance (r2)   17609.97
  •   Simple Moving Average (Close 50):    17682.48       (uptrend  3/16)
  •   52 week performance  -4.65%  YTD performance  +0.06%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 5/19 down  @    4,712.53  -26.59  (-0.56%)
:: Closed   (below 5/19 PP (above 5/20 PP)
  •   :: Pivot point (PP)  4708.73
  •   Support (s1)   4682.18      Support (s2) 4651.84
  •   Resistance (r1)  4739.07    Resistance (r2)  4765.62
  •   Simple Moving Average (Close 50):  4819.27          (uptrend  3/21)
  •   52 week performance  -7.43%   YTD performance  -5.89%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 5/19 down  @   2,040.04   -7.59  (-0.37%)
:: Closed   (below 5/19 PP)  (above 5/20 PP)
  •   :: Pivot point (PP)  2036.72
  •   Support (s1)  2029.23        Support (s2)  2018.42
  •   Resistance (r1)  2047.53     Resistance (r2)  2055.02
  •   Simple Moving Average (Close 50):  2059.29         (uptrend  3/16)
  •   52 week performance  -4.26%  YTD performance  -0.19%
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 5/19 down  @  1,128.20   -4.40  (-0.39%)
:: Closed   (below 5/19 PP)  (above 5/20 PP)
  •   :: Pivot point (PP)   1127.07
  •   Support (s1)  1121.54      Support (s2)  1114.87
  •   Resistance (r1)  1133.74   Resistance (r2)  1139.27
  •   Simple Moving Average (Close 50):  1138.77          (uptrend  3/16)
  •   52 week performance  -4.94%  YTD performance  -0.33%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 5/19 down  @  1,094.78   -8.18  (-0.74%)
:: Closed   (below 5/19 PP)  (below 5/20 PP)
  •   :: Pivot point (PP)  1094.81
  •   Support (s1)   1085.91      Support (s2)   1077.03
  •   Resistance (r1)  1103.69    Resistance (r2)  1112.59
  •   Simple Moving Average (Close 50):  1110.94          (uptrend  3/18)
  •   52 week performance  -12.89%   YTD performance   -3.62%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 5/19 down   @  1,199.15   -4.99  (-0.41%)
:: Closed   (below 5/19 PP)  (above 5/20 PP)
  •   :: Pivot point (PP)   1198.05
  •   Support (s1)   1191.95     Support (s2)  1184.75
  •   Resistance (r1)  1205.25   Resistance (r2)  1211.35
  •   Simple Moving Average (Close 50):   1210.04          (uptrend  3/16)
  •   52 week performance   -5.58%    YTD performance  -0.58%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 5/19 down  @   18.45   -0.35  (-1.86%)
:: Closed   (below 5/19 PP)  (below 5/20 PP)
  •   :: Pivot point (PP)    18.52
  •   Support (s1)    18.24      Support (s2)  18.03
  •   Resistance (r1)  18.73     Resistance (r2)  19.01
  •   Simple Moving Average (Close 50):  18.22          (basing  5/18)
  •   Simple Moving Average (Close 200)  20.55
  •   :: Close (94 days) above/below (+/-) sma200  (-2.101) (-10.222%)
  •   :: 52 week performance  -15.56%   YTD performance -18.69%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 5/19 up   @  16.33   +0.38  (+2.38%)
:: Closed  (above 5/19 PP)  (below 5/20 PP)
  •   :: Pivot point (PP)    16.75
  •   Support (s1)    15.86      Support (s2)   15.38
  •   Resistance (r1)  17.23     Resistance (r2)  18.12
  •   Simple Moving Average (Close 50):  14.70         (downtrend)
  •   :: 52 week performance   +34.62%   YTD performance  -10.32%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Friday, 5/20/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 17474.78  …  17291.69
  •   Nasdaq……..  4723.90  …   4667.01
  •   S&P 500 ……  2042.13  …   2023.83
  •   Russell 1000 .  1130.41  …   1118.21
  •   Russell 2000 .  1099.25  …   1081.47
  •   Russell 3000 .  1201.65  …   1188.35
  •   CBOE TNX ……   18.63  …     18.14
  •   Volatility …    16.99  …     15.62
V.  Index: 52week High,  52week Low, (Close 12/31/15)
  • Dow Jones ..  18350.13 -*  15370.33 .. (17425.03)  c-*
  • Nasdaq …..   5231.94 ..   4209.76 ..  (5007.41)  n/c
  • S&P 500 ….   2134.28 -*   1810.10 ..  (2043.94)  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     c-* = changed lower
—–  Monday, 5/16/2016 thru Friday 5/20/2016  ——-

 

( x)   All Links can be opened in a new tab or new window …

  •  ( xi )  I will be returning and adding more related chart info including links to charts with  daily, weekly, and monthly chart analysis

 

 

Please read:

 

 (1)  Research and Investing Disclaimer

 

 (2)  Investing and Trading

 

 

 

[ More  Blogs ]

 

 

Hope the above Index Support and Resistance calculations for Friday, 5/20/2016  help your investing and trading planning today …

 

 

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