Index Support and Resistance for Friday, 7/15/2016

Third Friday of the month options expiry is here, today, Friday 7/15/2016.  

This is what I published for “projected” highs and lows for yesterday …

IV. Index “projected” Highs and Lows for Thursday, 7/14/2016

◾Index, :: Projected High, Projected Low
◾ Dow Jones …. 18418.34 … 18343.94
◾ Nasdaq…….. 5021.06 … 4987.50
◾ S&P 500 …… 2154.44 … 2144.20
◾ Russell 1000 . 1192.93 … 1186.88
◾ Russell 2000 . 1205.77 … 1193.26
◾ Russell 3000 . 1271.78 … 1264.87
◾ CBOE TNX …… 14.75 … 14.53
◾ Volatility … 13.42 … 12.55

Example (O-H-L-C)*:  S&P500 7/14/2015 2,157.88 2,168.99 2,157.88 2,163.75

Amazing, the S&P500 actual “low” was higher than the projected high … which, per my “Degrees of Bullish/Bearish Indicator” is strongly bullish.

The Nasdaq Comp low was 5,025.15, besting the projected high … another strongly bullish.
The Russell 3000 actual low was 1272.09 … and another strongly bullish.

Tomorrow (Friday 7/15/2016) could be a washout … or, the Bear’s worst nightmare …. more homework needed!    Note:  (O-H-L-C)* stands for Open-High-Low-Close, sometimes also referred to as OHLC.

  Below you will find the Index Support and Resistance for Friday, 7/15/2016 as calculated from the changes in Index points through Thursday, 7/14/2016’s close.
     ————————————————–

Index chart 20160714

 I.  Index performance Thursday, 7/14/2016

  • Dow Jones    18,506.41  +134.29  (+0.73%)    (chart: blue)
  • Nasdaq        5,034.06   +28.33  (+0.57%)    (chart: gold)
  • S&P 500       2,163.75   +11.32  (+0.53%)    (chart: red)
  •   ——————————————-
  • Rus 1k (RUI)   1,197.51  +5.88 (+0.49%)
  • Rus 2k (RUT)   1,202.17  +1.01 (+0.08%)
  • Rus 3k (RUA)   1,276.03  +5.88 (+0.46%)
  • CBOE (TNX)        15.31  +0.63 (+4.29%)
  • Volatility(VIX)   12.82  -0.22 (-1.69%)
 I. a. Select stocks of interest, from Thursday, 7/14/2016
  • AAPL …  98.79  +1.92 (+1.98%)   After Hours: 98.79 +0.00 (+0.00%)
  • C ……  44.45  +1.12 (+2.58%)   After Hours: 44.52 +0.07 (+0.16%)
  • CHK ….   4.50  +0.15 (+3.45%)   After Hours:  4.50 +0.00 (+0.00%)
  • FH …..   1.97  +0.09 (+4.79%)
  • GE …..  32.63  +0.27 (+0.83%)   After Hours: 32.65 +0.02 (+0.06%)
  • JCP ….   8.57  +0.08 (+0.94%)   After Hours:  8.57 +0.00 (+0.00%)
  • MPC ….  37.39  +0.41 (+1.11%)   After Hours: 37.39 0.00 (0.00%)
  • MU …..  13.29  +0.00 (+0.00%)   After Hours: 13.31 +0.02 (+0.15%)
  • VZ …..  55.84  -0.16 (-0.29%)   After Hours: 55.84 +0.00 (+0.00%)
  •      select ETFs …
  • DIA …  184.91  +1.35 (+0.74%)   After Hours: 184.67 -0.24 (-0.13%)
  • QQQ …  111.98  +0.76 (+0.68%)   After Hours: 111.75 -0.23 (-0.21%)
  • SPY …  216.11  +1.18 (+0.55%)   After Hours: 215.74 -0.37 (-0.17%)
  • GLD …  127.33  -0.99 (-0.77%)   After Hours: 127.42 +0.09 (+0.07%)
  • SLV ….  19.25  -0.14 (-0.72%)   After Hours:  19.32 +0.07 (+0.36%)
  • IWD …  105.63  +0.56 (+0.53%)
  • IWF …  103.46  +0.48 (+0.47%)
  • IWM …  119.38  +0.13 (+0.11%)   After Hours: 119.25 -0.13 (-0.11%)
  • IWV …  127.38  +0.57 (+0.45%)
 I. b. Sector summary from Thursday, 7/14/2016
Sector Change +/-% (best (or least worst) to worst)
  • Financials ………………….. +0.92% 
  • Energy ………………………. +0.78%  
  • Technology …………………. +0.66% 
  • Basic Materials …………….. +0.58% 
  • Industrials ………………….. +0.58%  
  • Telecommunications Srvcs …. +0.51% 
  • Cyclical Cons. Goods ……… +0.38%  
  • Healthcare ………………….. +0.35% 
  • Non-Cyclical Cons. Goods ….. +0.32%  
  • Utilities …………………….. -0.48%

 II. Bonds, and/or Currencies, and/or Commodities from Thursday, 7/14/2016

  II. a.  USA  Bonds
  • 3 Month  0.31%  -0.01 (-3.12%)
  • 6 Month  0.40%  0.00 (0.00%)
  •  2 Year  0.67%  0.00 (0.00%)
  •  5 Year  1.10%  -0.01 (-0.90%)
  • 10 Year  1.53%  0.00 (0.00%)
  • 30 Year  2.25%  +0.01 (0.45%)
  II. b.  Currencies
  • AUD/USD  0.7634  +0.0038 (0.49%)
  • EUR/USD  1.1116  +0.0022 (0.20%)
  • GBP/USD  1.3340  +0.0220 (1.68%)
  • USD/CAD  1.2898  -0.0078 (-0.60%)
  • USD/CNY  6.6842  -0.0016 (-0.02%)
  • USD/HKD  7.7537  -0.0025 (-0.03%)
  • USD/JPY  105.3940  +1.3010 (1.25%)

 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, 7/15/2016

 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 7/14 up  @  18,506.41  +134.29  (+0.73%)
:: Closed   (above 7/14 PP)  (above 7/15 PP)
  •   :: Pivot point (PP)   18486.09
  •   Support (s1)  18434.62       Support (s2)   18362.82
  •   Resistance (r1)   18557.89   Resistance (r2)   18609.36
  •   Simple Moving Average (Close 50):    17794.16       (uptrend 7/8)
  •   52 week performance  +2.53%  YTD performance  +6.21%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 7/14 up  @    5,034.06   +28.33  (+0.57%)
:: Closed   (above 7/14 PP)  (below 7/15 PP)
  •   :: Pivot point (PP)  5034.80
  •   Support (s1)   5024.41      Support (s2)  5014.77
  •   Resistance (r1)  5044.44    Resistance (r2)  5054.83
  •   Simple Moving Average (Close 50):  4844.77          (uptrend)
  •   52 week performance  -2.50%   YTD performance  +0.53%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 7/14 up  @   2,163.75   +11.32  (+0.53%)
:: Closed   (above 7/14 PP)  (above 7/15 PP)
  •   :: Pivot point (PP)  2,163.54
  •   Support (s1)  2,158.09        Support (s2)  2,152.43
  •   Resistance (r1)  2,169.20     Resistance (r2)  2,174.65
  •   Simple Moving Average (Close 50):  2084.04         (uptrend)
  •   52 week performance  +1.86%  YTD performance  +5.86%
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 7/14 up  @  1,197.51  +5.88 (+0.49%)
:: Closed   (above 7/14 PP)  (above 7/15 PP)
  •   :: Pivot point (PP)   1196.87
  •   Support (s1)  1193.31      Support (s2)  1189.12
  •   Resistance (r1)  1201.06   Resistance (r2)  1204.62
  •   Simple Moving Average (Close 50):  1153.28          (uptrend)
  •   52 week performance  +1.84%  YTD performance  +5.80%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 7/14 up  @  1,202.17  +1.01 (+0.08%)
:: Closed   (below 7/14 PP)  (below 7/15 PP)
  •   :: Pivot point (PP)  1204.66
  •   Support (s1)   1199.41      Support (s2)   1196.65
  •   Resistance (r1)  1207.42    Resistance (r2)  1212.67
  •   Simple Moving Average (Close 50):  1144.11          (uptrend)
  •   52 week performance  -4.93%   YTD performance   +5.84%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 7/14 up   @  1,276.03  +5.88 (+0.46%)
:: Closed   (above 7/14 PP)  (above 7/15 PP)
  •   :: Pivot point (PP)   1275.80
  •   Support (s1)   1272.32     Support (s2)  1268.62
  •   Resistance (r1)  1279.50   Resistance (r2)  1282.98
  •   Simple Moving Average (Close 50):   1226.90          (uptrend)
  •   52 week performance   +0.52%    YTD performance  +5.80%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 7/14 up  @   15.31  +0.63 (+4.29%)
:: Closed   (above 7/14 PP)  (below 7/15 PP)
  •   :: Pivot point (PP)    15.34
  •   Support (s1)    15.17      Support (s2)  15.03
  •   Resistance (r1)  15.48     Resistance (r2)  15.65
  •   Simple Moving Average (Close 50):  16.65          (downtrend)
  •   Simple Moving Average (Close 200)  19.51          (downtrend)
  •   :: Close (132 days) above/below (+/-) sma200  (-4.203) pts., or (-21.541%)
  •   :: 52 week performance  -34.91%   YTD performance  -32.53%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 7/14 down   @  12.82  -0.22 (-1.69%)
:: Closed  (below 7/14 PP)  (above 7/15 PP)
  •   :: Pivot point (PP)    12.78
  •   Support (s1)    12.18      Support (s2)   11.55
  •   Resistance (r1)  13.41     Resistance (r2)  14.01
  •   Simple Moving Average (Close 50):  15.98         (downtrend)
  •   :: 52 week performance   +7.28%   YTD performance  -29.60%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Friday, 7/15/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 18583.63  …  18460.36
  •   Nasdaq……..  5039.62  …   5019.59
  •   S&P 500 ……  2171.93  …   2160.82
  •   Russell 1000 .  1202.84  …   1195.09
  •   Russell 2000 .  1206.04  …   1198.03
  •   Russell 3000 .  1281.24  …   1274.06
  •   CBOE TNX ……   15.57  …     15.26
  •   Volatility …    13.71  …     12.48
V.  Index: 52week High,  52week Low, (Close 12/31/15)
  • Dow Jones ..  18537.57 c+  15370.33 .. (17425.03)  c+*
  • Nasdaq …..   5231.94 ..   4209.76 ..  (5007.41)  n/c
  • S&P 500 ….   2168.99 c+   1810.10 ..  (2043.94)  c+*
  •   ——————————————-
  • Rus 1k (RUI)   1200.42 c+    995.55 ..  (1069.65)  c+*
  • Rus 2k (RUT)   1275.90 ..    943.10 ..  (1135.89)  n/c
  • Rus 3k (RUA)   1279.27 c+   1056.45 ..  (1206.10)  c+*
  • CBOE (TNX) ….. 24.03 c-.    13.36 …   (22.69)  c-*
  • Volatility(VIX)  53.29 …    10.88 …   (18.21)  n/c
  •    —     —     —     —     —     —
  •   n/c* =no change  c-* =changed lower  c+* =changed higher
-–  Monday, 7/11/2016   thru    Friday 7/15/2016  ——

 

 

 

 

 

Hope the above Index Support and Resistance calculations for Friday, 7/15/2016 help your investing and trading planning today …

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