Index Support and Resistance for Monday, 8/1/2016

 

  Friday, the S&P500 Index  (SPX, .INX) made another 52 week intraday high at 2177.09.
The Russell 1000 Index (RUI) made  another 52 week intraday high at 1206.25 AND made another Year to Date (YTD) closing high at 1204.43.
The Russell 2000 Index  (RUT), while below its 52 week intraday high of 1244.98  made another Year to Date (YTD) intraday high at 1224.77 and made another Year to Date (YTD) closing high at 1219.94.  The Russell 2000 (RUT), YTD, has rallied back from Feb 11, 2016  953.72  and YTD down -16.04 percent, to Friday’s +7.40 percent up.  That is Strongly Bullish. 
Below you will find the Index Support and Resistance for Monday, 8/1/2016 as calculated from the changes in Index points through Friday, 7/29/2016’s close.
Index chart 20160729

 Index performance Friday, 7/29/2016

  • DJ Indu Avg    18,432.24  -24.11  (-0.13%)    (chart: blue)
  • Nasdaq  ……      5,162.13   +7.15  (+0.14%)    (chart: gold)
  • S&P 500  …..     2,173.60   +3.54  (+0.16%)    (chart: red )
  •   ——————————————-
  • DJ Transports  7,846.41  -17.72 (-0.23%)
  • Rus 1k (RUI)   1,204.43  +2.32  (+0.19%)
  • Rus 2k (RUT)   1,219.94  +2.62  (+0.21%)
  • Rus 3k (RUA)   1,284.27  +2.49  (+0.19%)
  • CBOE (TNX)        14.58  -0.53  (-3.51%)
  • Volatility(VIX)   11.87  -0.85  (-6.68%)
 I. a. Select stocks of interest, from Friday, 7/29/2016
  • AAPL … 104.21  -0.13 (-0.12%)
  • C ……  43.81  -0.26 (-0.59%)
  • CHK ….   5.42  +0.23 (+4.43%)
  • FH …..   2.46  +0.04 (+1.65%)
  • GE …..  31.14  -0.11 (-0.35%)
  • JCP ….   9.66  +0.17 (+1.79%)
  • MPC ….  39.39  +1.22 (+3.20%)
  • MU …..  13.74  -0.07 (-0.51%)
  • VZ …..  55.41  +0.55 (+1.00%)
  •      select ETFs …
  • DIA …  184.13  -0.25 (-0.14%)
  • QQQ …  115.23  +0.25 (+0.22%)
  • SPY …  217.15  +0.35 (+0.16%)
  • GLD …  128.98  +1.28 (+1.00%)
  • SLV ….  19.35  +0.14 (+0.73%)
  • IWD …  105.57  +0.18 (+0.17%)
  • IWF …  104.72  +0.15 (+0.14%)
  • IWM …  121.09  +0.26 (+0.22%)
  • IWV …  128.21  +0.24 (+0.19%)
 I. b. Sector summary from Friday, 7/29/2016
Sector Change +/-% (best (or least worst) to worst)
  • Non-Cyclical Cons. Goods ……… +1.09%
  • Energy ……………………… +0.87%
  • Utilities …………………… +0.72%
  • Telecommunications Srvcs ……… +0.71%
  • Healthcare ………………….. +0.48%
  • Financials ………………….. +0.37%
  • Technology ………………….. +0.34%
  • Cyclical Cons. Goods …………. +0.09%
  • Basic Materials ……………… +0.04%
  • Industrials ……………. -0.11% 

 II. Bonds, and/or Currencies, and/or Commodities from Friday, 7/29/2016

  II. a.  USA  Bonds
  • 3 Month  0.25%  +0.04 (+19.05%)
  • 6 Month  0.36%  +0.01 (+2.86%)
  •  2 Year  0.65%  -0.04 (-5.80%)
  •  5 Year  1.02%  -0.05 (-4.67%)
  • 10 Year  1.45%  -0.05 (-3.33%)
  • 30 Year  2.18%  -0.05 (-2.24%)
II. b.  Currencies
  • AUD/USD .. 0.7598  0.0000 (0.00%)
  • EUR/USD .. 1.1174  0.0000 (0.00%)
  • GBP/USD .. 1.3226  0.0000 (0.00%)
  • USD/CAD .. 1.3032  0.0000 (0.00%)
  • USD/CNY .. 6.6396  0.0000 (0.00%)
  • USD/HKD .. 7.7576  0.0000 (0.00%)
  • USD/JPY  102.0750  0.0000 (0.00%)
 II. cUS 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                        ( as expected, no rate increase  )
  • September 20-21*        ( needs more homework )
  • 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 Monday, 8/1/2016

 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 (sma200) 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 (sma50),  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.
djia-nas-spx %c20160729
Chart #2  (above, EOD, %change)  The above DJIA, Nasdaq, S&P 500, daily Index chart reflects the percentage change since the first markets correction 8/21/2015.  Note:  EOD= End of Day
        —————————–
( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)
Closed 7/29 down  @  18,432.24  -24.11  (-0.13%)
:: Closed   (below 7/29 PP)  (above 8/1 PP)
  •   :: Pivot point (PP)   18423.30
  •   Support (s1)  18380.06       Support (s2)   18327.87
  •   Resistance (r1)   18475.49   Resistance (r2)   18518.73
  •   Simple Moving Average (Close 50):    17978.13       (uptrend)
  •   52 week performance  +3.87%  YTD performance  +5.78%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 7/29 up  @    5,162.13   +7.15  (+0.14%)
:: Closed   (above 7/29 PP)  (above 8/1 PP)
  •   :: Pivot point (PP)  5159.33
  •   Support (s1)   5142.85      Support (s2)  5123.57
  •   Resistance (r1)  5178.61    Resistance (r2)  5195.09
  •   Simple Moving Average (Close 50):  4922.08          (uptrend)
  •   52 week performance  +0.66%   YTD performance  +3.09%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 7/29 up  @   2,173.60   +3.54  (+0.16%)
:: Closed   (above 7/29 PP)  (above 8/1 PP)
  •   :: Pivot point (PP)  2171.39
  •   Support (s1)  2165.70        Support (s2)  2157.79
  •   Resistance (r1)  2179.30     Resistance (r2)  2184.99
  •   Simple Moving Average (Close 50):  2108.34         (uptrend)
  •   52 week performance  +3.32%  YTD performance  +6.34%
rui-rua-rut %c20160729
Chart #3  (above, EOD, %change)  The above Russell 3000, Russell 2000, Russell 1000, daily Index chart reflects the percentage change since the first markets correction 8/21/2015.

      —————————
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 7/29 up  @  1,204.43  +2.32  (+0.19%)
:: Closed   (above 7/29 PP)  (above 8/1 PP)
  •   :: Pivot point (PP)   1203.03
  •   Support (s1)  1199.82      Support (s2)  1195.20
  •   Resistance (r1)  1207.65   Resistance (r2)  1210.86
  •   Simple Moving Average (Close 50):  1166.96          (uptrend)
  •   52 week performance  +2.45%  YTD performance  +6.41%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 7/29 up  @  1,219.94  +2.62  (+0.21%)
:: Closed   (above 7/29 PP)  (above 8/1 PP)
  •   :: Pivot point (PP)  1218.32
  •   Support (s1)   1211.87      Support (s2)   1203.80
  •   Resistance (r1)  1226.39    Resistance (r2)  1232.84
  •   Simple Moving Average (Close 50):  1166.06          (uptrend)
  •   52 week performance  -0.98%   YTD performance   +7.40%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 7/29 up   @  1,284.27  +2.49  (+0.19%)
:: Closed   (above 7/29 PP)  (above 8/1 PP)
  •   :: Pivot point (PP)   1282.76
  •   Support (s1)   1279.09     Support (s2)  1273.90
  •   Resistance (r1)  1287.95   Resistance (r2)  1291.62
  •   Simple Moving Average (Close 50):   1241.84          (uptrend)
  •   52 week performance   +2.61%    YTD performance  +6.48%
tnx %c20160729
Chart #4  (above, EOD, %change)  The above CBOE Interest Rate 10 Year T Note , daily Index chart reflects the percentage change since the first markets correction 8/21/2015.
      —————————

( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 7/29 down  @   14.58  -0.53  (-3.51%)
:: Closed   (below 7/29 PP)  (below 8/1 PP)

  •   :: Pivot point (PP)    14.82
  •   Support (s1)    14.34      Support (s2)  14.10
  •   Resistance (r1)  15.06     Resistance (r2)  15.54
  •   Simple Moving Average (Close 50):  16.22          (downtrend)
  •   Simple Moving Average (Close 200)  19.23         (downtrend)
  •   :: Close (143 days) above/below (+/-) sma200  (-4.653) pts., or (-24.194%)
  •   :: 52 week performance  -33.88%   YTD performance -35.74%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 7/29 down   @  11.87  -0.85  (-6.68%)
:: Closed  (below 7/29 PP)  (below 8/1 PP)
  •   :: Pivot point (PP)    12.18
  •   Support (s1)    11.46      Support (s2)   11.05
  •   Resistance (r1)  12.59     Resistance (r2)  13.31
  •   Simple Moving Average (Close 50):  15.39         (downtrend)
  •   :: 52 week performance   -5.49%   YTD performance  –34.82%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Monday, 8/1/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 18449.40  …  18353.97
  •   Nasdaq……..  5168.97  …   5133.21
  •   S&P 500 ……  2182.15  …   2168.55
  •   Russell 1000 .  1209.26  …   1201.43
  •   Russell 2000 .  1229.62  …   1215.10
  •   Russell 3000 .  1289.79  …   1280.93
  •   CBOE TNX ……   14.94  …     14.22
  •   Volatility …    12.39  …     11.26
 V.  Index: 52week High,  52week Low, (Close 12/31/15)
  • DJI Avg   ..  18622.01 ..  15370.33 .. (17425.03)  n/c
  • Nasdaq …..   5176.77 ..   4209.76 ..  (5007.41)  n/c
  • S&P 500 ….   2177.09 c+   1810.10 ..  (2043.94)  c+*
  •   ——————————————-
  • Rus 1k (RUI)   1206.25 c+    995.55 ..  (1069.65)  c+*
  • Rus 2k (RUT)   1244.98 ..    943.10 ..  (1135.89)  n/c
  • Rus 3k (RUA)   1286.44 c+   1056.45 ..  (1206.10)  c+*
  • CBOE (TNX) ….. 23.77 …    13.36 …   (22.69)  n/c
  • Volatility(VIX)  53.29 …    10.88 …   (18.21)  n/c
  •    —     —     —     —     —     —
  •   n/c* =no change  c-* =changed lower  c+* =changed higher

-–  Monday, 8/1/2016   thru    Friday 8/5/2016  ——

 

Hope the above Index Support and Resistance calculations for Monday, 8/1/2016  help your investing and trading planning today …

–   –   –   –           –   –   –   –

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