Index Support and Resistance for Friday, 5/27/2016

 

  Below you will find the Index Support and Resistance for Friday, 5/27/2016 as calculated from the changes in Index points through Thursday, 5/26/2016’s close. 
  First up, Monday  the USA markets are closed for the Memorial Day holiday.  For some it’s a day off  and a long weekend to enjoy.  For the rest of us it’s a day set aside for remembering the people who died while serving in the country’s armed forces. … like my younger brother, who also enlisted during the Vietnam (War, Conflict, Police Action, … debacle ???) … buried in a military cemetery in Nevada.

  To all members of the US military, past and present, and especially to their families … THANK YOU for your service and sacrifices. 

  As to the markets yesterday, the DJIA and the S&P 500 spent most of the day and closed under water.  The Nasdaq Comp spent most of the day up, and closed up.  The old adage “The trend is your friend.” comes mind when I see higher supports and pivot points after crunching the numbers.   I also get to see the Resistance, Support and Pivot point “lines” bunching up … not unlike a coiled spring, telling me I need to do my homework  on the most likely direction of that “energy” release.   I’ll be adding one, or more of those charts to the numbers below … shortly.   In the meantime, check out the DIA ETF Pivot Point charts.
 Index chart 201605126

 Index performance Thursday, 5/26/2016

  • Dow Jones .. 17,828.29  -23.22  (-0.13%)    (chart: blue)
  • Nasdaq ……  4,901.77    +6.88  (+0.14%)    (chart: gold)
  • S&P 500 …..  2,090.10   -0.44  (-0.02%)    (chart: red )
  •   ——————————————-
  • Rus 1k (RUI)  1,156.56   -0.55  (-0.05%)
  • Rus 2k (RUT)  1,139.75   -1.27  (-0.11%)
  • Rus 3k (RUA)  1,230.70   -0.65  (-0.05%)
  • CBOE (TNX)       18.23   -0.47  (-2.51%)
  • Volatility(VIX)  13.43   -0.47  (-3.38%)
 I. a. Select stocks of interest, from Thursday, 5/26/2016
  • AAPL … 100.41  +0.79 (+0.79%)   After Hours: 100.54 +0.13 (+0.13%)
  • C ………  46.10  -0.84 (-1.79%)   After Hours:  46.27 +0.17 (+0.37%)
  • CHK …..   4.22  -0.13 (-2.99%)   After Hours:   4.20 -0.02 (-0.47%)
  • FH …….   1.90  -0.04 (-2.06%)
  • GE ……  30.02  -0.07 (-0.23%)   After Hours:  30.04 +0.02 (+0.07%)
  • JCP ……   7.66  -0.24 (-3.10%)   After Hours:   7.68 +0.02 (+0.20%)
  • MPC ….  34.55  -1.13 (-3.17%)   After Hours:  34.70 +0.15 (+0.43%)
  • MU …..  11.95  +0.35 (+3.02%)   After Hours:  11.98 +0.03 (+0.25%)
  • VZ …..  50.16  +0.31 (+0.62%)
 I. b. Sector summary from Thursday, 5/26/2016
Sector Change +/-% (best (or least worst) to worst)
  • Utilities …………………… +0.75%
  • Non-Cyclical Cons. Goods ……… +0.67%
  • Technology ………………….. +0.38%
  • Telecommunications Srvcs ……… +0.11%  
  • Cyclical Cons. Goods …………. +0.10%
  • Industrials …………………. +0.02% 
  • Healthcare ……………… -0.14%
  • Financials ……………… -0.38%
  • Energy …………………. -0.44% 
  • Basic Materials …………. -0.57% 

 II. Bonds, and/or Currencies, and/or Commodities from Thursday, 5/26/2016

  II. a.  USA  Bonds
  • 3 Month  0.28%  -0.01 (-3.45%)
  • 6 Month  0.43%  -0.01 (-2.27%)
  •  2 Year  0.86%  -0.01 (-1.15%)
  •  5 Year  1.35%  -0.03 (-2.17%)
  • 10 Year  1.83%  -0.03 (-1.61%)
  • 30 Year  2.64%  -0.01 (-0.38%)
  II. b.  Currencies
  • AUD/USD .. 0.7222  -0.0003 (-0.04%)
  • EUR/USD .. 1.1188  -0.0003 (-0.03%)
  • GBP/USD .. 1.4674  +0.0009 (+0.06%)
  • USD/CAD .. 1.2996  +0.0020 (+0.16%)
  • USD/CNY .. 6.5592  +0.0026 (+0.04%)
  • USD/HKD .. 7.7665  +0.0006 (+0.01%)
  • USD/JPY  109.8945  +0.1880 (+0.17%)
  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, 5/27/2016

 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 5/26 down  @  17,828.29  -23.22  (-0.13%)
:: Closed   (above 5/26 PP)  (below 5/27 PP)
  •   :: Pivot point (PP)   17840.26
  •   Support (s1)  17791.85       Support (s2)   17755.42
  •   Resistance (r1)   17876.69   Resistance (r2)   17925.10
  •   Simple Moving Average (Close 50):    17729.78       (uptrend  3/16)
  •   52 week performance  -1.64%  YTD performance  +2.31%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 5/26 up  @    4,901.77   +6.88  (+0.14%)
:: Closed   (above 5/26 PP)  (above 5/27 PP)
  •   :: Pivot point (PP)  4899.47
  •   Support (s1)   4889.57      Support (s2) 4877.36
  •   Resistance (r1)  4911.68    Resistance (r2)  4921.58
  •   Simple Moving Average (Close 50):  4830.06          (uptrend  3/21)
  •   52 week performance  -3.32%    YTD performance  -2.11%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 5/26 down  @   2,090.10   -0.44  (-0.02%)
:: Closed   (above 5/26 PP)  (0.393 below 5/27 PP)
  •   :: Pivot point (PP)  2090.49
  •   Support (s1)  2086.69        Support (s2)  2083.27
  •   Resistance (r1)  2093.91     Resistance (r2)  2097.71
  •   Simple Moving Average (Close 50):  2064.94         (uptrend  3/16)
  •   52 week performance  -0.82%  YTD performance  +2.26%
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 5/26 down  @  1,156.56   -0.55  (-0.05%)
:: Closed   (above 5/26 PP)  (0.363 below 5/27 PP)
  •   :: Pivot point (PP)   1156.92
  •   Support (s1)  1154.69      Support (s2)  1152.81
  •   Resistance (r1)  1158.80   Resistance (r2)  1161.03
  •   Simple Moving Average (Close 50):  1142.13          (uptrend  3/16)
  •   52 week performance  -2.31%  YTD performance  +2.18%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 5/26 down  @  1,139.75   -1.27  (-0.11%)
:: Closed   (below 5/26 PP)  (0.427 below 5/27 PP)
  •   :: Pivot point (PP)  1140.18
  •   Support (s1)   1137.16      Support (s2)   1134.58
  •   Resistance (r1)  1142.76    Resistance (r2)  1145.78
  •   Simple Moving Average (Close 50):  1116.19          (uptrend  3/18)
  •   52 week performance  -8.57%   YTD performance   +0.34%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 5/26 down   @  1,230.70   -0.65  (-0.05%)
:: Closed   (below 5/26 PP)  (0.420 below 5/27 PP)
  •   :: Pivot point (PP)   1231.12
  •   Support (s1)   1228.72     Support (s2)  1226.74
  •   Resistance (r1)  1233.10   Resistance (r2)  1235.50
  •   Simple Moving Average (Close 50):   1213.60          (uptrend  3/16)
  •   52 week performance   -2.47%    YTD performance  +2.04%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 5/26 down  @   18.23   -0.47  (-2.51%)
:: Closed   (below 5/26 PP)  (0.133 below 5/27 PP)
  •   :: Pivot point (PP)    18.36
  •   Support (s1)    18.08      Support (s2)  17.92
  •   Resistance (r1)  18.52     Resistance (r2)  18.80
  •   Simple Moving Average (Close 50):  18.14           (downtrend)
  •   Simple Moving Average (Close 200)  20.45           (downtrend)
  •   :: Close (99 days) above/below (+/-) sma200  (-2.224) (-10.874%)
  •   :: 52 week performance  -12.98%   YTD performance -19.66%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 5/26 down   @  13.43   -0.47  (-3.38%)
:: Closed  (below 5/26 PP)  (0.227 below 5/27 PP)
  •   :: Pivot point (PP)    13.66
  •   Support (s1)    13.20      Support (s2)   12.98
  •   Resistance (r1)  13.88     Resistance (r2)  14.34
  •   Simple Moving Average (Close 50):  14.55         (downtrend)
  •   :: 52 week performance   -3.87%   YTD performance  -26.25%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Friday, 5/27/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 17858.48  …  17773.64
  •   Nasdaq……..  4916.63  …   4894.52
  •   S&P 500 ……  2092.20  …   2084.98
  •   Russell 1000 .  1157.86  …   1153.75
  •   Russell 2000 .  1141.47  …   1135.87
  •   Russell 3000 .  1232.11  …   1227.73
  •   CBOE TNX ……   18.44  …     18.00
  •   Volatility …    13.77  …     13.09
 V.  Index: 52week High,  52week Low, (Close 12/31/15)
  • Dow Jones ..  18188.81 -*  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)   1189.88 ..    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  5/26
—–  Monday, 5/23/2016 thru Friday 5/27/2016  ——-

 

( 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

    It’s Black Friday for OPEC

 

[ More  Blogs ]

 

 

Hope the above Index Support and Resistance calculations for Friday, 5/27/2016 help your investing and trading planning today …    Also, here’s wishing everyone a happy and safe Memorial Day extended weekend.  

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