Index Support and Resistance for Tuesday, 5/24/2016

 

 Below you will find the Index Support and Resistance for Tuesday, 5/24/2016 as calculated from the changes in Index points through Monday, 5/23/2016’s close.
Index chart 201605123

 Index performance Monday, 5/23/2016

  • Dow Jones    17,492.93  -8.01  (-0.05%)   (chart: blue)
  • Nasdaq …      4,765.78  -3.78  (-0.08%)   (chart: gold)
  • S&P 500 …    2,048.04  -4.28  (-0.21%)   (chart: red )
  •   ——————————————-
  • Rus 1k (RUI)    1,133.47  -2.37  (-0.21%)
  • Rus 2k (RUT)   1,111.37  -0.91  (-0.08%)
  • Rus 3k (RUA)  1,205.67  -2.41  (-0.20%)
  • CBOE (TNX)         18.38  -0.11  (-0.59%)
  • Volatility(VIX)    15.82  +0.62  (+4.08%)
 I. a. Select stocks of interest, from Monday, 5/23/2016
  • AAPL …  96.43  +1.21  (+1.27%)   After Hours: 96.55 +0.12 (+0.12%)
  • C ………  45.12  +0.22 (+0.49%)   After Hours: 45.01 -0.11 (-0.24%)
  • CHK …..   3.67  -0.05 (-1.21%)   After Hours:  3.69 +0.02 (+0.41%)
  • FH …….   1.80  +0.02 (+1.12%)
  • GE ……  29.50  -0.06 (-0.22%)   After Hours: 29.49 -0.01 (-0.02%)
  • JCP ……   7.68  -0.06 (-0.84%)   After Hours:  7.64 -0.04 (-0.46%)
  • MPC ….  35.58  -1.05 (-2.87%)   After Hours: 35.60 +0.02 (+0.06%)
  • MU ……  11.14  +0.34 (+3.15%)   After Hours: 11.14 +0.00 (+0.00%)
  • VZ ……  49.16  -0.50 (-1.01%)   After Hours: 49.06 -0.10 (-0.20%)
 I. b. Sector summary from Monday, 5/23/2016
  • Sector Change +/-% (best (or least worst) to worst)
  • Non-Cyclical Cons. Goods ………… +0.41%
  • Basic Materials ……………………… +0.40% 
  • Technology …………………………… +0.01%
  • Healthcare …………………….. -0.07%  
  • Industrials …………………….. -0.18% 
  • Financials …………………….. -0.20%  
  • Telecommunications Srvcs ……. -0.44%
  • Cyclical Cons. Goods ……….. -0.52% 
  • Energy ………………………… -0.60%   
  • Utilities ……………………….. -0.87%   

 II. Bonds, and/or Currencies, and/or Commodities from Monday, 5/23/2016

  II. a.  USA  Bonds
  • 3 Month  0.32%  +0.01 (3.23%)
  • 6 Month  0.46%  0.00 (0.00%)
  •  2 Year  0.89%  0.00 (0.00%)
  •  5 Year  1.37%  0.00 (0.00%)
  • 10 Year  1.83%  0.00 (0.00%)
  • 30 Year  2.62%  +0.01 (0.38%)
  II. b.  Currencies
  • AUD/USD .. 0.7193  -0.0027 (-0.37%)
  • EUR/USD .. 1.1223  +0.0011 (+0.10%)
  • GBP/USD .. 1.4491  +0.0012 (+0.08%)
  • USD/CAD .. 1.3161  +0.0013 (+0.10%)
  • USD/CNY .. 6.5533  -0.0022 (-0.03%)
  • USD/HKD .. 7.7677  +0.0004 (+0.00%)
  • USD/JPY  109.2380  -0.1120 (-0.10%)

 

  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 Tuesday, 5/24/2016
 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 5/23 down  @  17,492.93  -8.01  (-0.05%)
:: Closed   (below 5/23 PP)  (below 5/24 PP)
  •   :: Pivot point (PP)   17507.89
  •   Support (s1)  17465.09       Support (s2)   17437.24
  •   Resistance (r1)   17535.74   Resistance (r2)   17578.54
  •   Simple Moving Average (Close 50):    17698.19       (uptrend  3/16)
  •   52 week performance  -4.05%  YTD performance  +0.39%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 5/23 down  @    4,765.78  -3.78  (-0.08%)
:: Closed   (above 5/23 PP)  (below 5/24 PP)
  •   :: Pivot point (PP)  4774.11
  •   Support (s1)   4755.58      Support (s2) 4745.38
  •   Resistance (r1)  4784.31    Resistance (r2)  4802.84
  •   Simple Moving Average (Close 50):  4821.76          (uptrend  3/21)
  •   52 week performance  -5.30%   YTD performance  -4.83%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 5/23 down  @   2,048.04  -4.28  (-0.21%)
:: Closed   (below 5/23 PP)  (below 5/24 PP)
  •   :: Pivot point (PP)  2050.29
  •   Support (s1)  2045.01        Support (s2)  2041.97
  •   Resistance (r1)  2053.33     Resistance (r2)  2058.61
  •   Simple Moving Average (Close 50):  2061.06         (uptrend  3/16)
  •   52 week performance  -2.67%  YTD performance  +0.20%
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 5/23 down  @  1,133.47  -2.37  (-0.21%)
:: Closed   (below 5/23 PP)  (below 5/24 PP)
  •   :: Pivot point (PP)   1134.76
  •   Support (s1)  1131.78      Support (s2)  1130.09
  •   Resistance (r1)  1136.45   Resistance (r2)  1139.43
  •   Simple Moving Average (Close 50):  1139.84          (uptrend  3/16)
  •   52 week performance  -4.52%  YTD performance  +0.14%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 5/23 down  @  1,111.37  -0.91  (-0.08%)
:: Closed   (above 5/23 PP)  (below 5/24 PP)
  •   :: Pivot point (PP)  1113.19
  •   Support (s1)   1109.05      Support (s2)   1106.74
  •   Resistance (r1)  1115.50    Resistance (r2)  1119.64
  •   Simple Moving Average (Close 50):  1112.38          (uptrend  3/18)
  •   52 week performance  -10.28%   YTD performance   -2.16%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 5/23 down   @  1,205.67  -2.41  (-0.20%)
:: Closed   (below 5/23 PP)  (below 5/24 PP)
  •   :: Pivot point (PP)   1207.09
  •   Support (s1)   1203.83     Support (s2)  1201.99
  •   Resistance (r1)  1208.93   Resistance (r2)  1212.19
  •   Simple Moving Average (Close 50):   1211.42          (uptrend  3/16)
  •   52 week performance   -4.96%    YTD performance  -0.04%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 5/23 down  @   18.38  -0.11  (-0.59%)
:: Closed   (below 5/23 PP)  (below 5/24 PP)
  •   :: Pivot point (PP)    18.40
  •   Support (s1)    18.24      Support (s2)  18.10
  •   Resistance (r1)  18.54     Resistance (r2)  18.70
  •   Simple Moving Average (Close 50):  18.19          (downtrend)
  •   Simple Moving Average (Close 200)  20.51           (downtrend)
  •   :: Close (96 days) above/below (+/-) sma200  (-2.132) (-10.392%)
  •   :: 52 week performance  -13.99%   YTD performance -19.00%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 5/23 up   @  15.82  +0.62  (+4.08%)
:: Closed  (above 5/23 PP)  (below 5/24 PP)
  •   :: Pivot point (PP)    15.90
  •   Support (s1)    15.32      Support (s2)   14.83
  •   Resistance (r1)  16.39     Resistance (r2)  16.97
  •   Simple Moving Average (Close 50):  14.65         (downtrend)
  •   :: 52 week performance   +19.22%   YTD performance  -13.12%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Tuesday, 5/24/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 17521.82  …  17451.17
  •   Nasdaq……..  4779.21  …   4750.48
  •   S&P 500 ……  2051.81  …   2043.49
  •   Russell 1000 .  1135.61  …   1130.94
  •   Russell 2000 .  1114.35  …   1107.90
  •   Russell 3000 .  1208.01  …   1202.91
  •   CBOE TNX ……   18.62  …     18.32
  •   Volatility …    16.15  …     15.08
 V.  Index: 52week High,  52week Low, (Close 12/31/15)
  • Dow Jones ..  18286.87 -*  15370.33 .. (17425.03)  c-*
  • Nasdaq …..   5231.94 ..   4209.76 ..  (5007.41)  n/c*
  • S&P 500 ….   2132.82 ..   1810.10 ..  (2043.94)  n/c
  •   ——————————————-
  • Rus 1k (RUI)   1190.12 -*    995.55 ..  (1069.65)  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  5/23
—–  Monday, 5/23/2016 thru Friday 5/27/2016  ——-

 

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Please read:

 

 (1)  Research and Investing Disclaimer

 (2)  Investing and Trading

    It’s Black Friday for OPEC

 

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Hope the above Index Support and Resistance calculations for Tuesday, 5/24/2016  help your investing and trading planning today …

 

 

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