Index Support and Resistance for Friday, 6/17/2016

   Quadruple Witching Friday.

  Below you will find the Index Support and Resistance for Friday, 6/17/2016 as calculated from the changes in Index points through Thursday, 6/16/2016’s close.
                      ——
Index chart 20160616

 I.    Index performance Thursday, 6/16/2016

  • Dow Jones    17,733.10  +92.93  (+0.53%)    (chart: blue)
  • Nasdaq        4,844.92   +9.98  (+0.21%)    (chart: gold)
  • S&P 500       2,077.99   +6.49  (+0.31%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)   1,150.18  +3.05  (+0.27%)
  • Rus 2k (RUT)   1,148.19  -1.11  (-0.10%)
  • Rus 3k (RUA)   1,225.09  +2.91  (+0.24%)
  • CBOE (TNX)        15.64  -0.32  (-2.01%)
  • Volatility(VIX)   19.37  -0.77  (-3.82%)
 I. a. Select stocks  & ETFs of interest, from Thursday, 6/16/2016
  • AAPL …  97.55  +0.41 (+0.42%)   After Hours: 97.60 +0.05 (+0.05%)
  • C ……  42.12  +0.11 (+0.26%)   After Hours: 42.18 +0.06 (+0.14%)
  • CHK ….   4.24  -0.04 (-0.93%)   After Hours:  4.26 +0.02 (+0.47%)
  • FH …..   2.28  +0.10 (+4.59%)
  • GE …..  30.64  +0.28 (+0.92%)   After Hours: 30.67 +0.03 (+0.10%)
  • JCP ….   8.26  -0.09 (-1.08%)   After Hours:  8.30 +0.04 (+0.48%)
  • MPC ….  33.39  +0.19 (+0.57%)   After Hours: 33.39 +0.00 (+0.00%)
  • MU …..  11.95  -0.07 (-0.58%)   After Hours: 11.95 +0.00 (+0.00%)
  • VZ …..  53.46  +0.60 (+1.14%)   After Hours: 53.40 -0.06 (-0.11%)
  •    select ETFs …
  • GLD …  122.42  -1.26 (-1.02%)   After Hours: 122.40 -0.02 (-0.02%)
  • SLV ….  16.31  -0.38 (-2.28%)   After Hours:  16.41 +0.10 (+0.61%)
  • IWD …  101.61  +0.25 (+0.25%)
  • IWF ….  99.96  +0.26 (+0.26%)
  • IWM …  114.53  -0.03 (-0.03%)   After Hours: 114.75 +0.22 (0.19%)
  • IWV …  122.80  +0.32 (+0.26%)
 I. b. Sector summary from Thursday, 6/16/2016
Sector Change +/-% (best (or least worst) to worst)
  • Non-Cyclical Cons. Goods ….  +1.06%
  • Utilities ……………….  +0.49%
  • Telecommunications Srvcs ….  +0.41%
  • Financials ………………  +0.35% 
  • Healthcare ………………  +0.30%  
  • Industrials ……………..  +0.22% 
  • Technology ………………  +0.20%
  • Cyclical Cons. Goods ……..  +0.18% 
  • Energy ………………….  -0.18%
  • Basic Materials ………….. -0.20%

 II. Bonds, and/or Currencies, and/or Commodities from Thursday, 6/16/2016

  II. a.  USA  Bonds
  •  3 Month  0.25%  +0.00 (+0.00%)
  •  6 Month  0.34%  -0.01 (-2.86%)
  •   2 Year  0.67%  +0.01 (+1.52%)
  •   5 Year  1.08%  +0.03 (+2.86%)
  •  10 Year  1.58%  +0.03 (+1.94%)
  •  30 Year  2.40%  +0.02 (+0.84%)
  II. b.  Currencies
  • AUD/USD .. 0.7391  +0.0003 (+0.04%)
  • EUR/USD .. 1.1262  +0.0006 (+0.05%)
  • GBP/USD .. 1.4254  -0.0038 (-0.27%)
  • USD/CAD .. 1.2923  +0.0006 (+0.04%)
  • USD/CNY .. 6.5887  -0.0006 (-0.01%)
  • USD/HKD .. 7.7595  +0.0002 (+0.00%)
  • USD/JPY  104.5200  -0.2275 (-0.22%)
  II. c.  US Energy Information Administration   (US EIA)

For both Bulls and Bears:

current XLE quote (Reuters) and more

Related previous XLE analysis:

  II. e.    Federal Open Market Committee (FOMC)
 Remaining meetings:   ( FOMC  Calendar & info )
  • July 26-27                  ( IMHO, no rate increase expected )
  • September 20-21*
  • November 1-2
  • December 13-14*
* Meeting associated with a Summary of Economic Projections and a press conference by the Fed Chairperson  Ms. J. Yellen.
–   –           –   –   –   –           –   –   –   –
           –   –   –   –           –   –   –   –
     –   –   –   –           –   –   –   –           –   –   –   –

 III.  Index Support and Resistance for Friday, 6/17/2016

 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 6/16 up  @  17,733.10  +92.93  (+0.53%)
:: Closed   (above 6/16 PP)  (above 6/17 PP) (below sma50)
  •   :: Pivot point (PP)   17653.10
  •   Support (s1)  17551.29       Support (s2)   17369.48
  •   Resistance (r1)   17834.91   Resistance (r2)   17936.72
  •   Simple Moving Average (Close 50):    17787.03
  •   52 week performance  -1.13%  YTD performance  +1.77%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 6/16 up  @    4,844.92   +9.98  (+0.21%)
:: Closed   (above 6/16 PP)  (above 6/17 PP) (below sma50)
  •   :: Pivot point (PP)  4823.85
  •   Support (s1)   4799.84      Support (s2)  4754.77
  •   Resistance (r1)  4868.92    Resistance (r2)  4892.93
  •   Simple Moving Average (Close 50):  4854.27
  •   52 week performance  -5.61%   YTD performance  -3.25%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 6/16 up  @   2,077.99   +6.49  (+0.31%)
:: Closed  (above 6/16 PP)  (above 6/17 PP)  (above sma50)
  •   :: Pivot point (PP)  2069.33
  •   Support (s1)  2059.03        Support (s2)  2040.08
  •   Resistance (r1)  2088.28     Resistance (r2)  2098.58
  •   Simple Moving Average (Close 50):  2077.44
  •   52 week performance  -2.04%  YTD performance  +1.67%
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD, IWF)
Closed 6/16 up  @  1,150.18  +3.05  (+0.27%)
:: Closed   (above 6/16 PP)  (above 6/17 PP)  (above sma50)
  •   :: Pivot point (PP)   1145.41
  •   Support (s1)  1139.76      Support (s2)  1129.35
  •   Resistance (r1)  1155.82   Resistance (r2)  1161.47
  •   Simple Moving Average (Close 50):  1149.77
  •   52 week performance  -2.00%  YTD performance  +1.62%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 6/16 down  @  1,148.19  -1.11  (-0.10%)
:: Closed   (below 6/16 PP)  (above 6/17 PP)  (above sma50)
  •   :: Pivot point (PP)  1143.38
  •   Support (s1)   1137.91      Support (s2)   1127.62
  •   Resistance (r1)  1153.67    Resistance (r2)  1159.14
  •   Simple Moving Average (Close 50):  1134.21
  •   52 week performance  -9.47%   YTD performance   +1.08%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA) (ETF: IWV)
Closed 6/16 up   @  1,225.09  +2.91  (+0.24%)
:: Closed   (above 6/16 PP)  (above 6/17 PP)  (above sma50)
  •   :: Pivot point (PP)   1219.96
  •   Support (s1)   1214.05     Support (s2)  1203.02
  •   Resistance (r1)  1230.99   Resistance (r2)  1236.90
  •   Simple Moving Average (Close 50):   1223.17
  •   52 week performance   -3.14%    YTD performance  +1.57%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 6/16 down  @   15.64  -0.32  (-2.01%)
:: Closed   (below 6/16 PP)  (above 6/17 PP)
:: Closed    (below sma50)  (below sma200)
  •   :: Pivot point (PP)    15.54
  •   Support (s1)    15.28      Support (s2)  14.91
  •   Resistance (r1)  15.91     Resistance (r2)  16.17
  •   Simple Moving Average (Close 50):  17.80
  •   Simple Moving Average (Close 200)  20.15
  •   :: Close (113 days) above/below (+/-) sma200  (-4.512) pts. or (-22.391%)
  •   :: 52 week performance  -33.48%   YTD performance -31.07%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 6/16 down   @  19.37  -0.77  (-3.82%)
:: Closed  (below 6/16 PP)  (below 6/17 PP)  (above sma50)
  •   :: Pivot point (PP)    20.50
  •   Support (s1)    18.11      Support (s2)   16.85
  •   Resistance (r1)  21.76     Resistance (r2)  24.15
  •   Simple Moving Average (Close 50):  15.00
  •   :: 52 week performance   +38.75%   YTD performance  +6.37%
    –   –   –   –           –   –   –   –

 IV.  Index “projected” Highs and Lows for Friday, 6/17/2016

  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 17885.82  …  17602.20
  •   Nasdaq……..  4880.93  …   4811.85
  •   S&P 500 ……  2093.43  …   2064.18
  •   Russell 1000 .  1158.65  …   1142.59
  •   Russell 2000 .  1156.41  …   1140.65
  •   Russell 3000 .  1233.95  …   1217.01
  •   CBOE TNX ……   15.73  …     15.10
  •   Volatility …    21.13  …     17.48

 V.  Index: 52week High,  52week Low, (Close 12/31/15)

  • Dow Jones ..  18188.81 ..  15370.33 .. (17425.03)  n/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 …    15.18  c*   (22.69)  c-*
  • Volatility(VIX)  53.29 …    10.88  ..   (18.21)  n/c
  •    —     —     —     —     —     —
  •     n/c* = no change  c-* = changed lower
—–  Monday, 6/13/2016   thru Quadruple Witching Friday 6/17/2016  ——-

Hope the above Index Support and Resistance calculations for Friday, 6/17/2016  help your investing and trading planning today …

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