Friday, the Russell 2000 Index (RUT, .RUT) posted, and closed at, a new year to date and 52 week High at 1251.83 points.
Below you will find the Index Support and Resistance for Tuesday, 9/6/2016 as calculated from the changes in Index points through Friday, 9/2/2016’s close. See below for Section IV. Index “projected” Highs and Lows for today’s day and date.
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I. Index performance Friday, 9/2/2016
- DJ Indu Avg 18,491.96 +72.66 (+0.39%) (chart: blue)
- Nasdaq … 5,249.90 +22.69 (+0.43%) (chart: gold)
- S&P 500 … 2,179.98 +9.12 (+0.42%) (chart: red )
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- DJ Trans Avg 7,946.79 +29.23 (+0.37%)
- Rus 1k (RUI) 1,208.94 +5.64 (+0.47%)
- Rus 2k (RUT) 1,251.83 +12.03 (+0.97%)
- Rus 3k (RUA) 1,291.22 +6.50 (+0.51%)
- CBOE (TNX) 15.96 +0.26 (+1.66%)
- Volatility(VIX) 11.98 -1.50 (-11.13%)
I. a. Select stocks of interest, from Friday, 9/2/2016
- AAPL … 107.73 +1.00 (+0.94%)
- C …… 47.51 +0.15 (+0.32%)
- CHK …. 6.60 +0.35 (+5.60%)
- DHT …… 4.18 +0.10 (+2.45%)
- FH ……. 2.01 -0.06 (-2.90%)
- GE …… 31.29 +0.09 (+0.29%)
- JCP …. 9.49 +0.05 (+0.53%)
- MPC …. 42.32 +0.41 (+0.98%)
- MU ….. 16.70 +0.06 (+0.36%)
- VZ ….. 52.88 +0.31 (+0.59%)
- select ETFs …
- DIA … 184.86 +0.76 (+0.41%)
- QQQ … 117.12 +0.38 (+0.33%)
- SPY … 218.36 +0.99 (+0.46%)
- GLD … 126.57 +1.28 (+1.02%)
- SLV …. 18.44 +0.50 (+2.79%)
- IWD … 106.90 +0.63 (+0.59%)
- IWF … 104.81 +0.46 (+0.44%)
- IWM … 124.53 +1.20 (+0.97%)
- IWV … 129.26 +0.81 (+0.63%)
I. b. Sector summary from Friday, 9/2/2016
Sector Change +/-% (best (or least worst) to worst)
- Energy …………………………. +1.48%
- Utilities ………………………… +1.46%
- Non-Cyclical Cons. Goods …. +1.37%
- Basic Materials ……………….. +1.31%
- Telecommunications Srvcs …. +1.13%
- Financials ……………………. +0.70%
- Industrials ………………….. +0.65%
- Healthcare ………………….. +0.46%
- Technology …………………. +0.44%
- Cyclical Cons. Goods …….. +0.17%
II. Bonds, and/or Currencies, and/or Commodities from Friday, 9/2/2016
II. a. USA Bonds
- 3 Month 0.26% -0.04 (-13.33%)
- 6 Month 0.42% -0.02 (-4.55%)
- 2 Year 0.77% +0.00 (+0.00%)
- 5 Year 1.19% +0.02 (+1.71%)
- 10 Year 1.60% +0.02 (+1.27%)
- 30 Year 2.27% +0.02 (+0.89%)
II. b. Currencies
- AUD/USD .. 0.7572 0.0000 (0.00%)
- EUR/USD .. 1.1154 0.0000 (0.00%)
- GBP/USD .. 1.3294 0.0000 (0.00%)
- USD/CAD .. 1.2994 0.0000 (0.00%)
- USD/CNY .. 6.6822 0.0000 (0.00%)
- USD/HKD .. 7.7554 0.0000 (0.00%)
- USD/JPY 103.9750 0.0000 (0.00%)
II. c. US Energy Information Administration (US EIA)
- Weekly Supply Estimates
- This Week in Petroleum
- Crude oil storage and capacity have increased in Cushing, Oklahoma and U.S. Gulf Coast
For both Bulls and Bears:
current XLE quote (Reuters) and more
Related previous XLE analysis:
- SELECT SECTOR SPDR ENERGY FUND (XLE) (d-w-m) (p2)
- SELECT SECTOR SPDR ENERGY FUND (XLE) d/w/m
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II. e. Federal Open Market Committee (FOMC)
Note: Chairperson Ms. J. Yellen will be speaking Friday. See above.
Remaining 2016 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.
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III. Index Support and Resistance for Tuesday, 9/6/2016
Below you will find the 52 week performance, and the Year-to-Date (YTD) performance to the selected indexes. See below for Section IV. Index “projected” Highs and Lows for today’s day and date. 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.
:: 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.
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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
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Chart #3 (above, EOD, %change) The above DJIA versus the DJ Transports Average Index (DJT). This Daily Index chart reflects the percentage change since the first markets’ correction 8/21/2015. Note: EOD= End of Day.
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( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)
Closed 9/2 up @ 18,491.96 +72.66 (+0.39%)
:: Closed (above 9/2 PP) (above 9/6 PP)
Closed 9/2 up @ 18,491.96 +72.66 (+0.39%)
:: Closed (above 9/2 PP) (above 9/6 PP)
- :: Pivot point (PP) 18491.94
- Support (s1) 18439.12 Support (s2) 18386.28
- Resistance (r1) 18544.78 Resistance (r2) 18597.60
- Simple Moving Average (Close 50): 18333.99 (uptrend)
- 52 week performance +12.93% YTD performance +6.12%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 9/2 up @ 5,249.90 +22.69 (+0.43%)
:: Closed (above 9/2 PP) (above 9/6 PP)
Closed 9/2 up @ 5,249.90 +22.69 (+0.43%)
:: Closed (above 9/2 PP) (above 9/6 PP)
- :: Pivot point (PP) 5248.10
- Support (s1) 5232.82 Support (s2) 5215.73
- Resistance (r1) 5265.19 Resistance (r2) 5280.47
- Simple Moving Average (Close 50): 5091.30 (uptrend)
- 52 week performance +12.08% YTD performance +4.84%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 9/2 up @ 2,179.98 +9.12 (+0.42%)
:: Closed (above 9/2 PP) (above 9/6 PP)
Closed 9/2 up @ 2,179.98 +9.12 (+0.42%)
:: Closed (above 9/2 PP) (above 9/6 PP)
- :: Pivot point (PP) 2179.48
- Support (s1) 2174.09 Support (s2) 2168.20
- Resistance (r1) 2185.37 Resistance (r2) 2190.76
- Simple Moving Average (Close 50): 2153.09 (uptrend)
- 52 week performance +13.47% YTD performance +6.66%

Chart #4 (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.
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( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 9/2 up @ 1,208.94 +5.64 (+0.47%)
:: Closed (above 9/2 PP) (above 9/6 PP)
Closed 9/2 up @ 1,208.94 +5.64 (+0.47%)
:: Closed (above 9/2 PP) (above 9/6 PP)
- :: Pivot point (PP) 1208.21
- Support (s1) 1205.08 Support (s2) 1201.22
- Resistance (r1) 1212.07 Resistance (r2) 1215.20
- Simple Moving Average (Close 50): 1192.01 (uptrend)
- 52 week performance +10.99% YTD performance +6.81%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 9/2 up @ 1,251.83 +12.03 (+0.97%)
:: Closed (above 9/2 PP) (above 9/6 PP)
Closed 9/2 up @ 1,251.83 +12.03 (+0.97%)
:: Closed (above 9/2 PP) (above 9/6 PP)
- :: Pivot point (PP) 1248.36
- Support (s1) 1244.90 Support (s2) 1237.96
- Resistance (r1) 1255.30 Resistance (r2) 1258.76
- Simple Moving Average (Close 50): 1206.50 (uptrend)
- 52 week performance +9.32% YTD performance +10.21%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 9/2 up @ 1,291.22 +6.50 (+0.51%)
:: Closed (above 9/2 PP) (above 9/6 PP)
Closed 9/2 up @ 1,291.22 +6.50 (+0.51%)
:: Closed (above 9/2 PP) (above 9/6 PP)
- :: Pivot point (PP) 1290.39
- Support (s1) 1287.26 Support (s2) 1283.31
- Resistance (r1) 1294.34 Resistance (r2) 1297.47
- Simple Moving Average (Close 50): 1270.52 (uptrend)
- 52 week performance +9.75% YTD performance +7.06%

Chart #5 (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.
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( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 9/2 up @ 15.96 +0.26 (+1.66%)
:: Closed (above 9/2 PP) (above 9/6 PP)
Closed 9/2 up @ 15.96 +0.26 (+1.66%)
:: Closed (above 9/2 PP) (above 9/6 PP)
- :: Pivot point (PP) 15.87
- Support (s1) 15.53 Support (s2) 15.10
- Resistance (r1) 16.30 Resistance (r2) 16.64
- Simple Moving Average (Close 50): 15.26 (downtrend)
- Simple Moving Average (Close 200) 18.49 (downtrend)
- :: Close (168 days) above/below (+/-) sma200 (-2.532) pts., or (-13.690%)
- :: 52 week performance -25.00% YTD performance -29.66%

Chart #6 (above, EOD, %change) The above Volatility S&P500 (INDEX CBOE: VIX), daily Index chart reflects the percentage change since the first markets’ correction 8/21/2015.
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( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 9/2 down @ 11.98 -1.50 (-11.13%)
:: Closed (below 9/2 PP) (below 9/6 PP)
Closed 9/2 down @ 11.98 -1.50 (-11.13%)
:: Closed (below 9/2 PP) (below 9/6 PP)
- :: Pivot point (PP) 12.59
- Support (s1) 11.29 Support (s2) 10.59
- Resistance (r1) 13.29 Resistance (r2) 14.59
- Simple Moving Average (Close 50): 13.24 (downtrend)
- :: 52 week performance -51.89% YTD performance -34.21%
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IV. Index “projected” Highs and Lows for Tuesday, 9/6/2016
- Index, :: Projected High, Projected Low
- Dow Jones …. 18571.19 … 18465.53
- Nasdaq…….. 5272.83 … 5240.46
- S&P 500 …… 2188.07 … 2176.79
- Russell 1000 . 1213.64 … 1206.65
- Russell 2000 . 1257.03 … 1246.63
- Russell 3000 . 1295.91 … 1288.83
- CBOE TNX …… 16.47 … 15.70
- Volatility … 12.94 … 10.94
V. Index: 52week High, 52week Low, (Close 12/31/15)
- DJI Avg .. 18668.44 .. 15450.56 .. (17425.03) n/c
- Nasdaq ….. 5275.74 .. 4209.76 .. (5007.41) n/c
- S&P 500 …. 2193.81 .. 1810.10 .. (2043.94) n/c
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- Rus 1k (RUI) 1215.50 .. 995.55 .. (1069.65) n/c
- Rus 2k (RUT) 1251.83 c+ 943.10 .. (1135.89) c+*
- Rus 3k (RUA) 1297.26 .. 1056.45 .. (1206.10) n/c
- CBOE (TNX) ….. 23.77 … 13.36 … (22.69) n/c
- Volatility(VIX) 32.09 … 11.02 … (18.21) n/c
- — — — — — —
- n/c* =no change c-* =changed lower c+* =changed higher
— Monday, 9/5/2016 thru Friday 9/9/2016 ——
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- Index Support and Resistance for Tuesday, 8/9/2016
- Index Support and Resistance for Wednesday, 8/10/2016
- Index Support and Resistance for Thursday, 8/11/2016
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- Correction, pullback, or Bear Market? Part 3
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( 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 (d-w-m) chart analysis
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Hope the above Index Support and Resistance calculations for Tuesday, 9/6/2016 help your investing and trading planning today …
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Sector ETFs from Friday 9/2/2016:
XLB … 49.19 +0.40 (0.82%)
XLE … 69.04 +0.67 (0.98%)
XLF … 24.57 +0.14 (0.57%)
XLI … 58.91 +0.27 (0.46%)
XLK … 47.34 +0.20 (0.42%)
XLP … 54.85 +0.42 (0.77%)
XLU … 49.63 +0.65 (1.33%)
XLV … 72.67 +0.10 (0.14%)
XLY … 80.88 +0.16 (0.20%)
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