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

 

 Stocks ended slightly lower on Wall Street on Friday, giving market indices their  first weekly decline in a month.  Sector companies in basic materials and industrial companies pulled back the most.  The primary driver of Friday’s sideways trading was, and is, indecision over what the Bureau of Labor Statistics’ jobs report is saying about the USA economy … because that may lead to the next FED rate increase.  Of course the markets are also concerned about the upcoming USA Presidential election, election debates, Deutsche Bank AG’s (USA) (NYSE:DB) potential impact on the global financial sector, China’s growth, or lack thereof, OPEC production, global storage, and crude prices, and a whole lot more …
         ————————————
 On Friday, the Dow Jones Industrial Average pulled back -28.01 points, or -0.2 percent, to 18,240.49.  Year to date (ytd), the DJIA is up +815.46 points, or +4.7 percent.
 On Friday, the Standard & Poor’s 500 Index (SPX, .INX) pulled back -7.03 points, or -0.3 percent, to 2,153.74.  Year to date (ytd), the S&P 500 is up +109.80 points, or +5.4 percent.
 On Friday, the Nasdaq composite pulled back -14.45 points, or -0.3 percent, to 5,292.40.  Year to date (ytd), the Nasdaq is up +284.99 points, or +5.7 percent.
 The week to date (Friday (9/30) close to Friday (10/7) close)
  • The Dow is down 67.66 points, or 0.4 percent.
  • The S&P 500 is down 14.53 points, or 0.7 percent.
  • The Nasdaq is down 19.60 points, or 0.3 percent.
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  Below you will find the Index Support and Resistance for Monday, 10/10/2016 as calculated from the changes in Index points through Friday, 10/7/2016’s close.    See  below for Section IV. Index “projected” Highs and Lows for Monday.
         ————————————
index-chart-20161007

 I.  Index performance Friday, 10/7/2016

  • DJ Indu Avg   18,240.49  -28.01  (-0.15%)    (chart: blue)
  • Nasdaq              5,292.40  -14.45  (-0.27%)    (chart: gold)
  • S&P 500              2,153.74   -7.03  (-0.33%)    (chart: red )
  •   ——————————————-
  • DJ Trans Avg  8,056.86  -71.33  (-0.88%)
  • Rus 1k (RUI)  1,193.31   -4.12  (-0.34%)
  • Rus 2k (RUT)  1,236.56   -9.68  (-0.78%)
  • Rus 3k (RUA)  1,274.60   -4.83  (-0.38%)
  • CBOE (TNX)       17.36   -0.06  (-0.34%)
  • Volatility(VIX)  13.48   +0.64  (+4.98%)
 I. a. Select stocks of interest, from Friday, 10/7/2016
  • AAPL … 114.06  +0.17 (+0.15%)
  • C ……. 49.28  +0.21 (+0.43%)
  • CHK …… 6.35  -0.30 (-4.51%)
  • DHT …… 4.38  -0.03 (-0.57%)
  • FH ……. 3.05  -0.09 (-2.87%)
  • GE …..  29.08  -0.19 (-0.65%)
  • JCP ….   9.44  +0.07 (+0.75%)
  • MPC ….  41.77  -0.59 (-1.39%)
  • MU …..  17.61  -0.12 (-0.68%)
  • VZ …..  49.92  -0.34 (-0.68%)
  •      select ETFs …
  • DIA …  182.22  -0.30 (-0.16%)
  • QQQ …  118.47  -0.26 (-0.22%)
  • SPY …  215.04  -0.74 (-0.34%)
  • GLD …  119.74  +0.08 (+0.07%)
  • SLV ….  16.60  +0.16 (+0.97%)
  • IWD …  105.15  -0.27 (-0.26%)
  • IWF …  103.31  -0.46 (-0.44%)
  • IWM …  122.83  -0.99 (-0.80%)
  • IWV …  127.29  -0.46 (-0.36%)
 I. b. Sector summary from Friday, 10/7/2016
  • Sector Change +/-% (best (or least worst) to worst)
  • Non-Cyclical Cons. Goods ……….. +0.04%
  • Healthcare ……………………. +0.04%
  • Financials ……………….. -0.21%
  • Technology ……………….. -0.22%
  • Utilities ………………… -0.34%
  • Energy …………………… -0.52%
  • Cyclical Cons. Goods ………. -0.55%
  • Telecommunications Srvcs …… -0.67%
  • Basic Materials …………… -0.77%
  • Industrials ………………. -1.09%

 II. Bonds, and/or Currencies, and/or Commodities from Friday, 10/7/2016

  II. a.  USA  Bonds
  • 3 Month  0.27%  -0.01 (-3.57%)
  • 6 Month  0.42%  -0.01 (-2.33%)
  •  2 Year  0.83%  -0.01 (-1.19%)
  •  5 Year  1.26%  -0.02 (-1.56%)
  • 10 Year  1.72%  -0.02 (-1.15%)
  • 30 Year  2.45%  -0.01 (-0.41%)
  II. b.  Currencies
  • AUD/USD .. 0.7588  0.0000 (0.00%)
  • EUR/USD .. 1.1201  0.0000 (0.00%)
  • GBP/USD .. 1.2438  0.0000 (0.00%)  (Brexit watch)
  • USD/CAD .. 1.3294  0.0000 (0.00%)
  • USD/CNY .. 6.6752  0.0000 (0.00%)
  • USD/HKD .. 7.7586  0.0000 (0.00%)
  • USD/JPY  102.9400  0.0000 (0.00%)
 II. c. 
     –   –   –   –           –   –   –   –
  Sorry for the delay.   Could not be helped.   Catching up.   Will be back to add data and calculations from draft once  Thursday’s (10/20/2016)  need to know is posted
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