Index Support and Resistance for Tuesday, 8/9/2016

 

  Below you will find the Index Support and Resistance for Tuesday, 8/9/2016 as calculated from the changes in Index points through Monday, 8/8/2016’s close.
            ———————
Index chart 20160808

 I.   Index performance Monday, 8/8/2016

  • DJ Indu Avg  18,529.29  -14.24  (-0.08%)    (chart: blue)
  • Nasdaq        5,213.14   -7.98  (-0.15%)    (chart: gold)
  • S&P 500       2,180.89   -1.98  (-0.09%)    (chart: red )
  •   ——————————————-
  • DJ Trans Avg  7,869.31   +2.74  (+0.03%)
  • Rus 1k (RUI)   1,207.96  -0.97  (-0.08%)
  • Rus 2k (RUT)   1,230.42  -0.88  (-0.07%)
  • Rus 3k (RUA)   1,288.57  -1.03  (-0.08%)
  • CBOE (TNX)        15.83  +0.01  (+0.06%)
  • Volatility(VIX)   11.50  +0.11  (+0.97%)
 I. a. Select stocks & ETFs of interest from Monday, 8/8/2016
  • AAPL … 108.37  +0.89 (+0.83%)   After Hours: 108.37 +0.00 (+0.00%)
  • C ……  45.96  +0.24 (+0.52%)   After Hours:  45.83 -0.13 (-0.28%)
  • CHK ….   5.01  +0.12 (+2.45%)   After Hours:   5.03 +0.02 (+0.40%)
  • FH …..   2.10  +0.11 (+5.53%)   After Hours:   2.40 +0.30 (+14.29%)
  • GE …..  31.27  -0.01 (-0.03%)   After Hours:  31.26 -0.01 (-0.03%)
  • JCP ….   9.50  +0.11 (+1.17%)   After Hours:   9.50 +0.00 (+0.00%)
  • MPC ….  41.93  +0.02 (+0.05%)   After Hours:  41.93 +0.00 (+0.00%)
  • MU …..  14.42  -0.10 (-0.69%)   After Hours:  14.50 +0.08 (+0.55%)
  • VZ …..  53.59  -0.05 (-0.09%)   After Hours:  53.60 +0.01 (+0.02%)
  •      select ETFs …
  • DIA …  185.29  +0.03 (+0.02%)   After Hours: 185.37 +0.08 (+0.04%)
  • QQQ …  116.65  -0.13 (-0.11%)   After Hours: 116.59 -0.06 (-0.05%)
  • SPY …  218.05  -0.09 (-0.04%)   After Hours: 217.95 -0.10 (-0.05%)
  • GLD …  127.44  -0.11 (-0.09%)   After Hours: 127.40 -0.04 (-0.03%)
  • SLV ….  18.74  +0.03 (+0.16%)   After Hours:  18.76 +0.02 (+0.11%)
  • IWD …  106.13  +0.18 (+0.17%)   After Hours: 106.16 +0.03 (+0.03%)
  • IWF …  104.97  -0.19 (-0.18%)
  • IWM …  122.26  -0.04 (-0.03%)   After Hours: 122.13 -0.13 (-0.11%)
  • IWV …  128.75  -0.03 (-0.02%)
 I. b. Sector summary from Monday, 8/8/2016
Sector Change +/-% (best (or least worst) to worst)
  • Energy ………………………….. +0.96% 
  • Basic Materials ………………… +0.53% 
  • Financials ……………………… +0.30%  
  • Non-Cyclical Cons. Goods ….. +0.24%
  • Utilities ………………………… +0.06%  
  • Technology …………………….. +0.05%
  • Industrials ……………………… +0.00%
  • Cyclical Cons. Goods ………. -0.06% 
  • Telecommunications Srvcs .. -0.39%  
  • Healthcare …………………… -0.92% 
  • Real Estate .. ( 8/31/2016 ) …………. * tbd *
          ————————————
                                        ——
 II. Bonds, and/or Currencies, and/or Commodities from Monday, 8/8/2016
  II. a.  USA  Bonds
  • 3 Month  0.26%  -0.01 (-3.70%)
  • 6 Month  0.43%  0.00 (0.00%)
  •  2 Year  0.71%  0.00 (0.00%)
  •  5 Year  1.15%  0.00 (0.00%)
  • 10 Year  1.59%  0.00 (0.00%)
  • 30 Year  2.31%  0.00 (0.00%)
  II. b.  Currencies
  • AUD/USD .. 0.7650  -0.0011 (-0.14%)
  • EUR/USD .. 1.1087  +0.0004 (+0.04%)
  • GBP/USD .. 1.3003  -0.0029 (-0.22%)
  • USD/CAD .. 1.3163  +0.0008 (+0.06%)
  • USD/CNY .. 6.6626  +0.0010 (+0.02%)
  • USD/HKD .. 7.7569  -0.0002 (+0.00%)
  • USD/JPY  102.3680  +0.0780 (+0.08%)
 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                        ( as expected, no rate increase  )
  • September 20-21*        ( work in progress )
  • 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 Tuesday, 8/9/2016

 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.
     –   –   –   –           –   –   –   –
( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)
Closed 8/8 down  @  18,529.29  -14.24  (-0.08%)
:: Closed   (above 8/8 PP)  (below 8/9 PP)
  •   :: Pivot point (PP)   18533.54
  •   Support (s1)  18497.78       Support (s2)   18466.26
  •   Resistance (r1)   18565.06   Resistance (r2)   18600.82
  •   Simple Moving Average (Close 50):    18071.79       (uptrend)
  •   52 week performance  +6.65%  YTD performance  +6.34%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 8/8 down  @    5,213.14   -7.98  (-0.15%)
:: Closed   (above 8/8 PP)  (below 8/9 PP)
  •   :: Pivot point (PP)  5214.57
  •   Support (s1)   5200.75      Support (s2) 5188.35
  •   Resistance (r1)  5226.97    Resistance (r2)  5240.79
  •   Simple Moving Average (Close 50):  4965.61          (uptrend)
  •   52 week performance  +2.18%   YTD performance  +4.11%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 8/8 down  @   2,180.89   -1.98  (-0.09%)
:: Closed   (above 8/8 PP)  (below 8/9 PP)
  •   :: Pivot point (PP)  2181.39
  •   Support (s1)  2177.35        Support (s2)  2173.80
  •   Resistance (r1)  2184.94     Resistance (r2)  2188.98
  •   Simple Moving Average (Close 50):  2120.79         (uptrend)
  •   52 week performance  +3.65%  YTD performance  +6.70%
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 8/8 down  @  1,207.96  -0.97  (-0.08%)
:: Closed   (above 8/8 PP)  (below 8/9 PP)
  •   :: Pivot point (PP)   1208.32
  •   Support (s1)  1206.02      Support (s2)  1204.07
  •   Resistance (r1)  1210.27   Resistance (r2)  1212.57
  •   Simple Moving Average (Close 50):  1173.99          (uptrend)
  •   52 week performance  +4.25%   YTD performance  +6.72%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 8/8 down  @  1,230.42  -0.88  (-0.07%)
:: Closed    (above 8/8 PP)  (below 8/9 PP)
  •   :: Pivot point (PP)  1231.70
  •   Support (s1)   1227.61      Support (s2)   1224.81
  •   Resistance (r1)  1234.50    Resistance (r2)  1238.59
  •   Simple Moving Average (Close 50):  1177.56          (uptrend)
  •   52 week performance  +1.95%   YTD performance   +8.32%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 8/8 down   @  1,288.57  -1.03  (-0.08%)
:: Closed   (above 8/8 PP)  (below 8/9 PP)
  •   :: Pivot point (PP)   1289.03
  •   Support (s1)   1286.45     Support (s2)  1284.32
  •   Resistance (r1)  1291.16   Resistance (r2)  1293.74
  •   Simple Moving Average (Close 50):   1250.13          (uptrend)
  •   52 week performance   +3.72%    YTD performance  +6.84%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 8/8 up  @   15.83  +0.01  (+0.06%)
:: Closed   (above 8/8 PP)  (below 8/9 PP)
  •   :: Pivot point (PP)    15.91
  •   Support (s1)    15.67      Support (s2)  15.50
  •   Resistance (r1)  16.08     Resistance (r2)  16.32
  •   Simple Moving Average (Close 50):  15.83          (downtrend)
  •   Simple Moving Average (Close 200)  19.09          (downtrend)
  •   :: Close (149 days) above/below (+/-) sma200  (-3.257) pts., or (-17.065%)
  •   :: 52 week performance  -29.27%   YTD performance  -30.23%

( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 8/8 up  @  11.50  +0.11  (+0.97%)
:: Closed  (below 8/8 PP)  (below 8/9 PP)

  •   :: Pivot point (PP)    11.56
  •   Support (s1)    11.35      Support (s2)   11.19
  •   Resistance (r1)  11.72     Resistance (r2)  11.93
  •   Simple Moving Average (Close 50):  15.15         (downtrend)
  •   :: 52 week performance   -16.12%   YTD performance  -36.85%
  •     –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Tuesday, 8/9/2016
  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 18549.30  …  18482.02
  •   Nasdaq……..  5220.77  …   5194.55
  •   S&P 500 ……  2183.17  …   2175.58
  •   Russell 1000 .  1209.30  …   1205.05
  •   Russell 2000 .  1233.10  …   1226.21
  •   Russell 3000 .  1290.10  …   1285.39
  •   CBOE TNX ……   16.00  …     15.59
  •   Volatility …    11.64  …     11.27
 V.  Index: 52week High,  52week Low, (Close 12/31/15)
  • DJI Avg   ..  18622.01 ..  15370.33 .. (17425.03)  n/c
  • Nasdaq …..   5228.40 c+   4209.76 ..  (5007.41)  c+*
  • S&P 500 ….   2185.44 c+   1810.10 ..  (2043.94)  c+*
  •   ——————————————-
  • Rus 1k (RUI)   1210.63 c+    995.55 ..  (1069.65)  c+*
  • Rus 2k (RUT)   1235.78 c+    943.10 ..  (1135.89)  c+*
  • Rus 3k (RUA)   1291.62 c+   1056.45 ..  (1206.10)  c+*
  • CBOE (TNX) ….. 23.77 …    13.36 …   (22.69)  n/c
  • Volatility(VIX)  53.29 …    11.18 c-.   (18.21)  c-*
  •    —     —     —     —     —     —
  •   n/c* =no change  c-* =changed lower  c+* =changed higher

-–  Monday, 8/8/2016   thru    Friday 8/12/2016  ——

 

Hope the above Index Support and Resistance calculations for Tuesday, 8/9/2016 help your investing and trading planning today …

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