Index Support and Resistance for Monday (10/3/2016)

 

  Last week’s performance from Friday (9/23) to Friday (9/30) close:
 The DJ Industrial Average (DJIA, .DJI) gained 46.70 points.
The Nasdaq Composite (NAS, .IXIC) gained 6.25 points.
The S&P 500 (SPX, .INX) gained 3.58 points.
         ————————————
Below you will find the Index Support and Resistance for Monday, 10/3/2016 as calculated from the changes in Index points through Friday, 9/30/2016’s close.    See  below for Section IV. Index “projected” Highs and Lows for Monday.
         ————————————
index-chart-20160930

 I.  Index performance Friday, 9/30/2016

  • DJ Indu Avg  18,308.15  +164.70  (+0.91%)    (chart: blue)
  • Nasdaq  ….     5,312.00   +42.85  (+0.81%)    (chart: gold)
  • S&P 500 ….    2,168.27   +17.14  (+0.80%)    (chart: red )
  •   ——————————————-
  • DJ Trans Avg  8,078.79  +93.93  (+1.18%)
  • Rus 1k (RUI)    1,202.25   +9.36  (+0.78%)
  • Rus 2k (RUT)   1,251.65  +13.90  (+1.12%)
  • Rus 3k (RUA)  1,284.60  +10.32  (+0.81%)
  • CBOE (TNX)       16.08   +0.51  (+3.28%)
  • Volatility(VIX)  13.29   -0.73  (-5.21%)
 I. a. Select stocks of interest, from Friday, 9/30/2016
  • AAPL … 113.05  +0.87 (+0.78%)
  • C ……. 47.23  +1.43 (+3.12%)
  • CHK …… 6.27  +0.15 (+2.45%)
  • DHT …… 4.19  +0.14 (+3.58%)
  • FH ……. 2.69  +0.05 (+1.89%)
  • GE …..  29.62  +0.09 (+0.30%)
  • JCP ….   9.22  -0.03 (-0.32%)
  • MPC ….  40.59  +0.85 (+2.14%)
  • MU …..  17.78  +0.24 (+1.37%)
  • VZ …..  51.98  -0.14 (-0.27%)
  •      select ETFs …
  • DIA …  182.78  +1.56 (+0.86%)
  • QQQ …  118.72  +0.88 (+0.75%)
  • SPY …  216.30  +1.62 (+0.75%)
  • GLD …  125.64  -0.43 (-0.34%)
  • SLV ….  18.20  +0.09 (+0.50%)
  • IWD …  105.62  +0.92 (+0.88%)
  • IWF …  104.17  +0.64 (+0.62%)
  • IWM …  124.21  +1.35 (+1.10%)
  • IWV …  128.19  +0.97 (+0.76%)
 I. b. Sector summary from Friday, 9/30/2016
Sector Change +/-% (best (or least worst) to worst)
  • Non-Cyclical Cons. Goods ……….. +0.99%
  • Energy ………………………………… +0.96%
  • Cyclical Cons. Goods ………………. +0.95%  
  • Financials ……………………………. +0.88% 
  • Industrials …………………………… +0.86%  
  • Healthcare …………………………… +0.84% 
  • Technology ………………………….. +0.64% 
  • Basic Materials ……………………… +0.24% 
  • Telecommunications Srvcs …… -0.23% 
  • Utilities ……………………… -0.62%

 II. Bonds, and/or Currencies, and/or Commodities

  II. a.  USA  Bonds from Friday, 9/30/2016
  • 3 Month  0.23%  +0.02 (9.52%)
  • 6 Month  0.43%  +0.01 (2.38%)
  •  2 Year  0.75%  +0.03 (4.17%)
  •  5 Year  1.14%  +0.05 (4.59%)
  • 10 Year  1.60%  +0.05 (3.23%)
  • 30 Year  2.31%  +0.05 (2.21%)
  II. b.  Currencies from Friday, 9/30/2016
  • AUD/USD .. 0.7659  0.0000 (0.00%)
  • EUR/USD .. 1.1242  0.0000 (0.00%)
  • GBP/USD .. 1.2978  0.0000 (0.00%)
  • USD/CAD .. 1.3128  0.0000 (0.00%)
  • USD/CNY .. 6.6331  0.0000 (0.00%)
  • USD/HKD .. 7.7565  0.0000 (0.00%)
  • USD/JPY  101.3400  0.0000 (0.00%)
 II. c.    US Energy Information Administration   (US EIA)

For both Bulls and Bears:

current XLE quote (Reuters) and more

Related previous XLE analysis:

 II. d.   US Department of Labor
  •           Bureau of Labor Statistics       http://www.bls.gov/
  •     To view the “jobs” report for yourself in various formats, including downloadable PDF, … check it out at the above link.
  II. e.    Federal Open Market Committee (FOMC)
 Remaining 2016  meetings:    ( FOMC  Calendar & info )
  • July 26-27                        ( as expected, no rate increase  )
  • September 20-21*        ( as expected, no rate increase  )
  • November 1-2
  • December 13-14*                        (54% probability of rate increase)
* 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, 10/3/2016

 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.
     –   –   –   –           –   –   –   –
dji-nas-spx-%c20160930
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
             ——————–——————————-
dji-djt-%c20160930
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. 
                 ———————————————–
( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)
Closed 9/30 up  @  18,308.15  +164.70  (+0.91%)
:: Closed  (above 9/30 PP)  (above 10/3 PP)
  •   :: Pivot point (PP)   18286.52
  •   Support (s1)  18203.43       Support (s2)   18098.70
  •   Resistance (r1)   18391.25   Resistance (r2)   18474.34
  •   Simple Moving Average (Close 50):    18398.06       (uptrend)
  •   52 week performance  +12.51%  YTD performance  +5.07%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 9/30 up  @    5,312.00   +42.85  (+0.81%)
:: Closed   (above 9/30 PP)  (above 10/3 PP)
  •   :: Pivot point (PP)  5305.25
  •   Support (s1)   5284.63      Support (s2) 5257.25
  •   Resistance (r1)  5332.63    Resistance (r2)  5353.25
  •   Simple Moving Average (Close 50):  5221.88          (uptrend)
  •   52 week performance  +12.83%   YTD performance  +6.08%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 9/30 up  @   2,168.27   +17.14  (+0.80%)
:: Closed   (above 9/30 PP)  (above 10/3 PP)
  •   :: Pivot point (PP)  2166.69
  •   Support (s1)  2158.09        Support (s2)  2147.90
  •   Resistance (r1)  2176.88     Resistance (r2)  2185.48
  •   Simple Moving Average (Close 50):  2168.33         (uptrend)
  •   52 week performance  +11.12%  YTD performance  +6.08%
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)
Closed 9/30 up  @  1,202.25   +9.36  (+0.78%)
:: Closed  (above 9/30 PP)  (above 10/3 PP)
  •   :: Pivot point (PP)   1200.88
  •   Support (s1)  1195.65      Support (s2)  1189.06
  •   Resistance (r1)  1207.47   Resistance (r2)  1212.70
  •   Simple Moving Average (Close 50):  1201.56          (uptrend)
  •   52 week performance  +12.32%   YTD performance  +6.22%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
Closed 9/30 up  @  1,251.65  +13.90  (+1.12%)
:: Closed  (above 9/30 PP)  (above 10/3 PP)
  •   :: Pivot point (PP)  1248.47
  •   Support (s1)   1241.24      Support (s2)   1230.82
  •   Resistance (r1)  1258.89    Resistance (r2)  1266.12
  •   Simple Moving Average (Close 50):  1233.59          (uptrend)
  •   52 week performance  +14.04%    YTD performance   +10.19%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
Closed 9/30 up   @  1,284.60  +10.32  (+0.81%)
:: Closed   (above 9/30 PP)  (above 10/3 PP)
  •   :: Pivot point (PP)   1283.05
  •   Support (s1)   1277.49     Support (s2)  1270.38
  •   Resistance (r1)  1290.16   Resistance (r2)  1295.72
  •   Simple Moving Average (Close 50):   1282.43          (down tick)
  •   52 week performance   +8.77%    YTD performance  +6.51%
tnx-%c20160930
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. 
                 ——————————————
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
Closed 9/30 up  @   16.08   +0.51  (+3.28%)
:: Closed   (above 9/30 PP)  (above 10/3 PP)
  •   :: Pivot point (PP)    15.89
  •   Support (s1)    15.64      Support (s2)  15.19
  •   Resistance (r1)  16.34     Resistance (r2)  16.59
  •   Simple Moving Average (Close 50):  15.83          (downtrend)
  •   Simple Moving Average (Close 200)  17.92          (downtrend)
  •   :: Close (187 days) above/below (+/-) sma200  (-1.835) pts., or (-10.244%)
  •   :: 52 week performance  -19.16%   YTD performance  -29.13%
vix-%c20160930
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.
                       ————————-
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
Closed 9/30 down  @  13.29   -0.73  (-5.21%)
:: Closed  (below 9/30 PP)  (below 10/3 PP)
  •   :: Pivot point (PP)    13.67
  •   Support (s1)    12.15      Support (s2)   11.00
  •   Resistance (r1)  14.82     Resistance (r2)  16.34
  •   Simple Moving Average (Close 50):  13.21         (uptrend)
  •   :: 52 week performance   -31.99%   YTD performance  -27.02%
  •     –   –   –   –           –   –   –   –

 IV.  Index “projected” Highs and Lows for Monday, 10/3/2016

  • Index,  :: Projected High,  Projected Low
  •   Dow Jones …. 18432.80  …  18244.98
  •   Nasdaq……..  5342.94  …   5294.94
  •   S&P 500 ……  2181.18  …   2162.39
  •   Russell 1000 .  1210.09  …   1198.27
  •   Russell 2000 .  1262.51  …   1244.86
  •   Russell 3000 .  1292.94  …   1280.27
  •   CBOE TNX ……   16.47  …     15.77
  •   Volatility …    14.25  …     11.58
 V.  Index: 52week High,  52week Low, (Close 12/31/15)
  • DJI Avg   ..  18668.44 ..  15450.56 .. (17425.03)  n/c
  • Nasdaq …..   5342.88 ..   4209.76 ..  (5007.41)  n/c
  • S&P 500 ….   2193.81 ..   1810.10 ..  (2043.94)  n/c
  •    ————–        —————————–
  • Rus 1k (RUI)   1215.50 ..    995.55 ..  (1069.65)  n/c
  • Rus 2k (RUT)   1263.46 ..    943.10 ..  (1135.89)  n/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, 10/3/2016   thru    Friday 10/7/2016  ——

Hope the above Index Support and Resistance calculations for Monday, 10/3/2016  help your investing and trading planning today …

Advertisements

2 thoughts on “Index Support and Resistance for Monday (10/3/2016)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s