U.S. Major Indices: July 2019

The large cap indices – S&P 500 and Dow Jones Industrial Average (DJIA) – are in confirmed uptrend along with the tech-heavy NASADAQ Composite. Their all three timeframes – monthly, weekly and daily – are showing varying degree of uptrend and bullish chart formations. The broader market index, Wilshire 5000 Total Market Index, is also in similar boat.

The smaller cap indices – Russell 2000 and Dow Jones Transportation Average (DJTA) – are, however, not in confirmed uptrend. Their trends and chart-patterns on three timeframes are either not clear or conflicting.

Three large caps indices and the broader market index have all made all time – both intraday and closing – highs on July 12, 2019. DJTA is almost 7.0% off it’s all time high and Russell 2000 by almost 8.0%.

DJIA and DJTA had made – then all time – highs in September 2018 and then they both broke below the last swing low in December 2018 thus breaking the sequence of higher highs and higher lows. DJIA has again made all time high but DJTA has not conformed it, which according toe Dow Theory is not a very good sign.

Another warning sign or caution is that the oscillators, RSI and Stochastic, are also not confirming the price action on monthly and weekly timeframes for large cap stocks. The bottom line is that as most major indices are moving higher and some are showing bullish chart patterns the bias in the market should be up, but with caution.

S&P 500

  • Current Trend
    • Confirmed Uptrend
    • The trend on monthly, weekly and daily timeframes is up but oscillators are indicating overbought conditions
  • Patterns:
    • A broadening pattern, emerging on weekly chart, calls for caution
    • A bullish cup-with-handle pattern on daily timeframe
  • Critical Levels
    • The swing low of 2728.81 reached during the week of June 3, 2019
    • The major resistance levels ae monthly R1 pivot at 3027.67 and weekly R3 pivot at 3050.38
    • Current target is near 3050.00
      • The 161.8% Fibonacci extension of ABCD pattern that emerged in 2018 is achieved at 3007.00
        • DC = AB * 161.8%
        • A=2532.69 (Feb-18), B=2940.91 (Sep-18), C=2346.58(Dec-18)

Monthly Chart

S&P 500 – Monthly

  • Up-sloping channel; in the upper median of a regression channel
  • 9-month RSI is below the high of 94.22 reached in January 2018;
    • RSI has twice made Bearish Divergences and a third one is emerging
    • RSI is below a downtrend line from high of January 2018
  • Stochastic (9,1, 3) is above 80 but %D is flashing Bearish Divergence
  • Price action is bullish but oscillators are calling for caution

Weekly Chart

S&P 500 – Weekly

  • Emerging broadening pattern
  • 9-week RSI reached a high of 94.19 during the week of January 22, 2018 when the index made a high of 2872.87; since then it has made Bearish Divergences twice and a third one is emerging
  • Stochastic (9, 1, 3) is above 90 but %D is flashing Bearish Divergence
  • Like on monthly timeframe, the oscillators indicating overbought conditions

Daily Chart

S&P 500 – Daily

  • Broken above a resistance level
  • A cup-with-handle pattern  cup was formed from September 2018 to May 2019
  • Stochastic (70, 1, 3) Pop, a rise above 70, occurred in early June 19;
    • Usually the Stochastic Pop lasts for more than 2-3 months during which the index continues to rise
    • Previous Stochastic (70,1,3) Pop started lasted from early February 2019 to early May 2019 and the index rose more than 8.5%

Dow Jones Industrial Average

  • Current Trend
    • Confirmed Uptrend
    • The trend on monthly, weekly and daily timeframes is up but oscillators are indicating overbought conditions
  • Patterns:
    • A broadening pattern, albeit not too clear, is emerging on weekly chart
    • Breaking above a cup-with-handle pattern on daily timeframe
  • Critical Levels
    • The swing low of 24680.57 reached during the week of June 3, 2019
    • The major resistance levels ae monthly R1 pivot at 27444.70 and R2 at 28289.43
    • Current target is near 27523.00, which is 161.8% Fibonacci extension of ABCD pattern that emerged in 2018
      • DC = AB * 161.8%
      • A=23360.29 (Feb-18), B=26951.81 (Oct-18), C=21712.53 (Dec-18)

Monthly Chart

Dow Jones Industrial Average – Monthly

  • Up-sloping channel; price near the upper bound of a regression channel
  • 9-month RSI is below the high of 95.28 reached in January 2018;
    • RSI has twice made Bearish Divergences and a third one is emerging
    • RSI is breaking above a downtrend line
  • Stochastic (9,1, 3) is above 90 but %D is flashing Bearish Divergence
  • Price action is more bullish than that for S&P 500 but oscillators are in overbought region

Weekly Chart

Dow Jones Industrial Average – Weekly

  • Emerging broadening pattern like that for S&P 500 but less clear
  • 9-week RSI is below the high reached during the week of January 22, 2018
    • RSI has made Bearish Divergences twice and a third one is emerging
    • RSI is breaking above a downtrend line
  • Stochastic (9, 1, 3) is above 90 but %D is flashing Bearish Divergence
  • Like on monthly timeframe, the oscillators indicating overbought conditions

Daily Chart

Dow Jones Industrial Average – Daily

  • Broken above a resistance level
  • A cup-with-handle pattern – cup was formed from October 2018 to May 2019
  • Stochastic (70, 1, 3) pop occurred in June 2019
    • Previous Stochastic (70,1,3) Pop lasted from early February 2019 to early May 2019 and index rose more than 4.5%

NASDAQ Composite

  • Current Trend
    • Confirmed Uptrend
    • The trend on monthly, weekly and daily timeframes is up but oscillators are indicating overbought conditions
  • Patterns:
    • A double-top or cup-with-handle pattern emerging on weekly chart
    • Breaking above a cup-with-handle pattern on daily timeframe
  • Critical Levels
    • The swing low of 7292.22 reached during the week of June 3, 2019
    • The major resistance levels ae monthly R1 pivot at 8296.16 and weekly R3 at 8315.42
    • Current target is near 8621.42, which is 161.8% Fibonacci extension of ABCD pattern that emerged in 2018
      • A=6630.67 (Feb-18), B=8133.30 (Aug-18), C=6190.17 (Dec-18)

Monthly Chart

NASDAQ Composite – Monthly

  • Up-sloping channel; price near the upper bound of a regression channel
  • 9-month RSI twice made Bearish Divergences since topping out in January 2018
  • Stochastic (9,1, 3) is above 90 but %D is flashing Bearish Divergence
  • Price action is bullish but oscillators are in overbought region

Weekly Chart

NASDAQ Composite – Weekly

  • Trying to break above a resistance level that, if convincingly broken, will complete a double bottom and a cup-with-handle pattern
  • 9-week RSI-9 is showing Bearish Divergence with price
  • Stochastic (9, 1, 3) is above 90 but %D is flashing Bearish Divergence
  • Bullish but oscillators are indicating overbought conditions

Daily Chart

NASDAQ Composite – Daily

  • Breaking above a resistance level
  • A cup-with-handle pattern  cup was formed from August 2018 to May 2019
  • Stochastic (70, 1, 3) Pop occurred in early June 2019 and then again in later in the month
    • Previous Stochastic (70,1,3) Pop started lasted from early February 2019 to early May 2019 and the index rose nearly 13.0%

Russell 2000

  • Current Trend
    • Uptrend Under Pressure
      • The trend on monthly has stalled
      • Trend on weekly timeframe is indecisive and choppy
      • Trend on daily timeframes is sideways
  • Patterns:
    • An emerging symmetrical triangle on weekly charts
    • A cup-with-handle pattern is forming on daily but not yet completed
  • Critical Levels
    • The swing low of 1460.49 reached during the week of June 3, 2019
    • The major resistance level is 1618.36, the high reached during the week of May 6, 2019

Monthly Chart

Russell 2000 – Monthly

  • Up-sloping channel; price is in the lower half of the regression channel
  • 9-month RSI is moving near 50 for the past few months
  • Stochastic (9,1, 3) has recently turned up from near 50
  • Stalling after bouncing off the lower bound of the regression channel

Weekly Chart

Russell 2000 – Weekly

  • Within a symmetrical triangle
  • 9-week RSI-9 is moving around 50 since the beginning of the year
  • Stochastic (9, 1, 3) is rising; %K crossed above %D from below 10 in early June
  • Sideways move since February 2019 in a congestion zone that first appeared in early 2018

Daily Chart

Russell 2000 – Daily

  • Moving below a resistance zone;
    • a cup-with-handle is emerging though not near a breakout point
  • Mostly moving within a horizontal channel – between 1600.00 and 1460.00 since late January 2019
  • Stochastic (9, 1, 3): %K is crisscrossing %D lower since late June 2019

Dow Jones Transportation Average

  • Current Trend
    • Uptrend Under Pressure
      • The trend on monthly has stalled
      • Trend on weekly timeframe is indecisive and choppy
      • Trend on daily timeframes is sideways
  • Patterns:
    • An emerging symmetrical triangle on weekly charts
    • An upsloping flag and a Head-&-Shoulder pattern emerging on daily
  • Critical Levels
    • The low of 9715.20, reached on June 3, 2019
    • The major resistance level is 11148.36, the high reached on April 24, 2019

Monthly Chart

Dow Jones Transportation Average – Monthly

  • Up-sloping channel; price in the lower half of a regression channel, which was breached to the downside many times
  • 9-month RSI is declining since January 2018
    • Twice made Bearish Divergence
  • Stochastic (9,1, 3): %K crossed above %D but the bias is down
  • The trend is stalling and the bias is down since January 2018

Weekly Chart

Dow Jones Transportation Average – Weekly

  • Within a symmetrical triangle
  • 9-week RSI-9 is below a downtrend line from January 2018 high
    • Moving around 50 since January 2019
  • Stochastic (9, 1, 3): %K crossed above %D in early June and is rising above 90, which is mildly bullish
  • Indecisive trend and in a congestion area that first appeared in early 2018

Daily Chart

Dow Jones Transportation Average – Daily

  • Moving near the middle of a horizontal channel that is forming since late January 2019
    • An upsloping flag – higher highs and higher lows – since early June
    • Potential Head-&-Shoulder forming
  • Stochastic (9, 1, 3): %K crossed above %Din early July

Wilshire 5000 Total Market Index

  • Current Trend
    • Confirmed Uptrend
    • The trend on monthly, weekly and daily timeframes is up but oscillators are indicating overbought conditions
  • Patterns:
    • A broadening pattern, emerging on weekly chart, calls for caution
    • A bullish cup-with-handle pattern on daily timeframe
  •  Critical Levels
    • The swing low of 28107.05 reached during the week of June 3, 2019
    • The major resistance levels ae monthly R1 pivot at 31119.63 and weekly R3 at 31347.05
    • Current target near 31033.00 is achieved, which is 161.8% Fibonacci extension of ABCD pattern that emerged in 2018
      • A=26293.63 (Feb-18), B=30560.54 (Sep-18), C=24129.49 (Dec-18)

Monthly Chart

Wilshire 5000 Total Market Index – Monthly

    • Up-sloping channel; price in the upper half of a regression channel
    • 9-month RSI below January 2018 high level
      • Made Bearish Divergences in September 2018
      • Below a downtrend line
  • Stochastic (9,1, 3) is above 90 but %D is flashing Bearish Divergence
  • Price action is bullish but oscillators are in overbought region

Weekly Chart

Wilshire 5000 Total Market Index – Weekly

  • Emerging broadening pattern like that for S&P 500 but less clear
  • 9-week RSI is below the high reached during the week of January 22, 2018
    • RSI has made Bearish Divergences twice and a third one is emerging
    • Broken above a downtrend line, which is bullish
  • Stochastic (9, 1, 3) crossed above %D in early June
  • Like on monthly timeframe, oscillators indicating overbought conditions

Daily Chart

Wilshire 5000 Total Market Index – Daily

  • Breaking above a resistance level – a cup-with-handle pattern cup was
  • Stochastic (70, 1, 3) Pop occurred in early June 2019 and then again in later in the month
    • Previous Stochastic (70,1,3) Pop started lasted from early February 2019 to early May 2019 and the index rose nearly 10.0%

 

 

 

 

Big Caps Usually Bounce After a Panic Sell

Friday, September 9 2016, was a panic sell day around the world when the S&P 500 broke out of its narrow range day to a large decline of more than 2.27%. It was 90%  downside day – when 90% of the volume is to the downside. The market participants were nervous for quite some time and once few critical support levels were broken, market went though ‘sell-everything’ mode.

The tendency after such a sharp decline is to get into the ‘sky-is-falling’ mentality. But how realistic is that? Let’s analyze it.

Not All Situations Are Similar

Since 1980, S&P 500 had 168 instances of a decline greater than or equal to Friday’s loss of -2.45% – the average decline was -3.66%. The next day, 60% of times, the S&P 500 bounced up with an average gain of +0.27%. For 5-day period, these numbers are 60% and +1.02% respectively. The 10-day period, the numbers are 59% and +0.84% respectively and the 20-day period (almost one month), the numbers are 62% and +1.28% respectively.

We know the markets behave differently during the bull-markets and bear-markets and these numbers are vary, albeit slightly. Naturally the most of large declines occur during bear market but the upside potential is still there for the next few days.

For the purpose of this analysis, we are considering the position so of trend-lines on Thursday as our bull-market. On Thursday, S&P 500 closed above its 20-day SMA and 20-day SMA closed above 50-day SMA. Since 1980, there were 29 days when the index declined more than or equal to Friday’s decline when its price and SMAs were aligned like they were on Thursday. Over a period of next several days, it was above the big decline day close. The average change after 20 days was 2.2% and that happened 79% of times.

AvgChngAfterBigDecline_SPX UP%AfterBigDecline_SPX

Big Caps Out Perform Small Caps

The relative strength of indices vary. Big caps generally out-perform small caps in rebound from a big decline in a uptrend. The average 1-day bounce for S&P 500 is +0.5%, Dow Jones Industrial Average +0.3%, NASDAQ Composite +0.2% and Russell 2000 +0.3%. The average return for S&P 500 and DJIA either increase or remain the same as the comparison period is lengthened. This is not the case of NASDAQ and Russell 2000.

AvgChngAfterBigDecline UP%AfterBigDecline

 

Market Set To Make A Reversal

Friday, November 16, 2012, saw major US indices make reversal days. Almost all – Dow Jones, S&P 500, NASDAQ and Russell 2000 – had outside reversal days. Dow and Russell 2000 also made bullish engulfing candles.

In outside day pattern the high of the day is higher than the previous day’s high and the low is lower than the previous day’s low. In bullish engulfing pattern the open and close of the day stay within the open and close of the previous day. These patterns are especially significant if they occur after a down trend.

Major indices have been declining for the past few weeks, which increases the chance of a reversal. Dow has been declining since making a high on October 5th, S&P 500 and Russell 2000 since September 14th and NASDAQ since September 21st. The 9-day RSI is also in oversold territory that it has not seen since May 2012.

Dow Jones broke the four month uptrend line in early October. Since then it retraced between 70.7% and 78.6% Fibonacci levels. It is also at a support level at the lows of the last week of June. The volume on Friday was higher than the volume on Thursday. If the market closes above Friday’s high than the chance of it rising to next resistance of 13039 increases.

S&P 500 made an outside reversal day but not a bullish engulfing. It is at 61.8% Fibonacci retracement level, finding support at the low made on August 2nd.

NASDAQ also made only an outside reversal day. Unlike other indices it declined more severelly and retraced 89% of the four month rally. It is finding support at the June 28th low.

Russell 2000 made both the outside reversal and bullish engulfing. Like Dow, it too retraced between 70.7% and 78.6% Fibonacci levels and finding support at the August 2nd low.

 

Key Levels and Charts For The Week Of September 03, 2012

Monthly Pivots:

Dow S&P500 NASDAQ DJTRA R2K FTSE DAX
Previous 13,009 1,379 2,940 5,088 787 5,635 6,772
Open 13,007 1,379 2,957 5,088 790 5,635 6,776
High 13,331 1,427 3,101 5,224 827 5,876 7,105
Low 12,779 1,355 2,891 4,931 765 5,633 6,596
Close 13,091 1,407 3,067 5,007 812 5,711 6,971
% 0.6% 2.0% 4.3% (1.6)% 3.2% 1.4% 2.9%
Change 82.2 27.3 127.4 (80.9) 25.2 76.2 198.5
Close Hi Hi Hi Low Hi Low Hi
TR % 4.2% 5.2% 7.1% 5.8% 7.8% 4.3% 7.5%
Resistance 2 13,619 1,468 3,229 5,347 863 5,983 7,400
Resistance 1 13,355 1,437 3,148 5,177 838 5,847 7,185
Pivot 13,067 1,396 3,019 5,054 802 5,740 6,891
Support 1 12,803 1,365 2,938 4,884 776 5,604 6,676
Support 2 12,251 1,293 2,729 4,591 714 5,361 6,167

Weekly Pivots:

Dow S&P500 NASDAQ DJTRA R2K FTSE DAX
Previous 13,158 1,411 3,070 5,119 809 5,777 6,971
Open 13,158 1,411 3,084 5,119 812 5,777 6,960
High 13,176 1,416 3,087 5,134 820 5,779 7,049
Low 12,979 1,397 3,041 4,987 806 5,706 6,871
Close 13,091 1,407 3,067 5,007 812 5,711 6,971
Change % (0.5)% (0.3)% (0.1)% (2.2)% 0.4% (1.1)% (0.0)%
Change (67.1) (4.6) (2.8) (111.1) 2.9 (65.1) (0.3)
Close (vs. MidPoint) Hi Low Hi Low Low Low Hi
TR % 1.5% 1.4% 1.5% 2.9% 1.7% 1.3% 2.6%
Resistance 2 13,279 1,426 3,112 5,191 826 5,806 7,142
Resistance 1 13,185 1,416 3,089 5,099 819 5,759 7,057
Pivot 13,082 1,407 3,065 5,043 812 5,732 6,964
Support 1 12,988 1,397 3,043 4,951 805 5,685 6,878
Support 2 12,791 1,378 2,996 4,803 792 5,611 6,700

Notables Charts:

Dow Jones Industrial Average has recovered 89% Fibonacci level of the 2007-2008 financial crisis decline. It is finding resistance at the 89% level and the April-May 2008 highs. In the third week of August, the index retreated after testing the 2012 high. Since October 2011, DJIA is making a high high and higher lows. Till that trend breaks the bias will remain upwards.

After making a higher high than the 2007-2008 high in 2011, Dow Transportation Average is struggling to go above that level. It is stuck in a symmetrical triangle. Last week’s action is taking the index to the lower bound. This component of Dow Theory is not in any way confirming DJIA, which raises the doubts about the current rally.

NASDAQ Composite has recovered all the ground that it lost in the financial crisis and then some. In April 2012, it made an eleven year high and is again nearing that level.

The global equity market is not doing as well as the US indices. The recovery since the 2009 low in Global Dow founr a resistance at 61.8% level in May 2011 and since then the index is making a bearish descending triangle.

But some markets are doing much better than the Global Dow index. Indonesian stock market made an all time high in August 2011 and then again in April 2012. It is again trying to challenge that resistance level.

Another emerging market doing better is Turkey. After making the all time high in November 2012, Istanbul exchange index retreated and made a tripple bottom in late 2011. Last week saw it break above a down trend line touching October 2012 high and May 2011 high.

Apple, Inc. is more than 300% higher than the pre 2008-financial crisis high.

Amazon, Inc. is breaking above a key resistance level.

EBAY is at a six year high, which is also near a 78.6% Fibonacci retracement level.

IBM is trading in an up trending channel.

 

Roadblocks Hit: Daily Remarks – Friday August 24, 2012

Thursday: Stocks Ease So Does Volume

Early Thursday morning – New York time – the US futures were heading higher from the decline of Wednesday. YM, the DJIA mini futures, was even threatening to form an inverse head-&-shoulder pattern. However, the US unemployment claims report punctured the optimism and the futures lost their steam. For rest of the day, not much positive happened for the markets and YM did not complete the inverse H&S pattern.

Greece and the Eurozone crisis again crept back into the limelight – vacation season must be over for the Europeans. Seems like the vacation did not improve the moods of Germans and they were back to blowing-hot-blowing-cold – here and here and here. The mutterings coming from Greece is also not purifying the muddy waters.

The bottom line is that global equity markets remained in a funk on Thursday and the gloom spilled over to Asian session on Friday. Major US indices have completed the short-term reversal patterns and are now moving down looking for support levels. If their up-down upward moving pattern since early June holds – current summer rally – then the support level may come at around 12890 for DJIA, 1376 for S&P 500 and 2975 for NASDAQ within next 7-10 days. However, September has been the worst month for all major indices for over 60 years so the probability of this pullback to last longer and deeper is significant.

Dow Jones Industrial Averages declined by -0.9%, S&P 500 by -0.8%, NASDAQ Composite by -0.7%, Russell 2K by -0.8% and Dow Jones Transportation Average by -1.5%. The volume decreased across the board. Declining stocks led the advancing stocks by more than 2-to-1 margin.

Overnight Action: Chinese Overhang

The Asian session too did not bring any respite to the global markets. In fact, news about Chinese economy exacerbated the problems. The New York Times reported on China’s manufacturing slow down and mountains of unsold goods. Dallas Fed also released a report saying that China’s slowdown may be worse than official data suggest. This was also a fine time for investors to revert back to fretting about the prospects for central bank action. Bottom line – Asian investors sold off commodity and technology shares, which had powered the recent advance.

Shanghai Composite fell by -1.0%, Nikkei 225 by -1.2%, Hang Seng by -1.3%, Kospi by -1.2%, S&P/ASX 200 by -0.8%, SENSEX by -0.4% and Jakarta Composite by -0.4%. Not a good way to end the week for Asian markets.

The Shanghai Composite is having a very tough time. On Friday, it made a fresh low since the week of March 9, 2009. The low is close to the 78.6% Fibonacci level of the advance from financial crisis low to 2009 high. Even during the recovery, Shanghai Composite could retrace only to 38.2% of the sharp 2007-2008 decline. During this time, S&P 500 recovered more than 78.6% of the decline and the Mexican stock market made all time high. These two indices are near the highs whereas the Chinese index is near the lows of the recovery period.

One glimmer of hope is that the index is making a collapsing wedge and a break above the upper limit will be a strong reversal. Another hopeful sign is that FXI, the ISHAREs FTSE China 25 Index, is not following in the footstep of the Shanghai Composite. FXI made a low in October 2011. Since then it has formed a symmetrical triangle. The broader market is facing stronger downtrend than the big-caps. If big-caps assert the leadership then the index would turn around too – big if.

Currencies – Confounding Yen

Despite high national debt, Japan’s currency has remained strong during the financial crisis. Japan is facing its own terrible fiscal cliff and legislation needed to sell bond is languishing in the Diet, suggesting that the government could run out of money by the end of October. So who would have ‘thunk’ that Yen will get stronger? But that is what it is doing.

After breaking above an upward sloping flag, the USD/JPY – a contrarian move – USD/JPY has fallen back into the flag and is now knocking at the lower bound.

A similar thing is happening to AUD/JPY too. It had broken above a horizontal channel and was on its way to the measured target of 85.60, when the idiosyncratic Yen struck. Now the pair is back in the channel. It is at the 50-day SMA but a break below it will increase a likelihood of testing the 79.50 support level.

Commodities – Gold Strikes

The reinvigoration of the expectations for QE3 by the FOMC meeting minutes has enabled gold to overcome two downtrend lines in past few days. The end of the week price action may have injected some vacillation on parts of the gold-bugs but the current bias still remains upward.

After hitting couple of measured move targets – double bottom and horizontal channel – NYMEX crude oil hit a resistance zone of 61.8% Fibonacci retracement level and a down trend line. On Thursday, crude made a bearish engulfing candlestick formation and is ripe for some pullback. If the support level near 92.94 – a broken resistance – holds then it can climb back up to the 78.6% Fib level near 103.

Bonds – Topping Patterns Revived?

Like AUD/JPY, 30-year US Treasury Bond had broken out of a horizontal channel (down in case of bonds) and like FX-pair, it too has come back within the channel, nullifying the downward target. 

Pullback Continues

Overall assessment is that all capital markets – equities, commodities, bonds and forex – are indicating a short term pullback in favor of the risk-averse traders.

Key Levels for the Day:

Dow S&P500 NASDAQ DJTRA Russell 2K FTSE DAX VIX
Previous 13,173 1,413 3,074 5,194 813 5,774 7,031 15.11
Open 13,171 1,413 3,066 5,168 812 5,774 7,066 15.00
High 13,171 1,413 3,070 5,168 812 5,809 7,081 16.45
Low 13,047 1,401 3,046 5,091 804 5,764 6,923 15.00
Close 13,058 1,402 3,053 5,115 806 5,777 6,950 15.96
Change % (0.9)% (0.8)% (0.7)% (1.5)% (0.8)% 0.0% (1.2)% 5.6%
Change (115.26) (11.41) (20.27) (78.71) (6.56) 2.40 (81.93) 0.85
Close (vs. MidPoint) Low Low Low Low Low Low Low Hi
TR % 1.0% 0.9% 0.9% 2.0% 1.0% 0.8% 2.2% 9.6%
Resistance 2 13,217 1,418 3,081 5,202 815 5,829 7,142 17.25
Resistance 1 13,137 1,410 3,067 5,159 810 5,803 7,046 16.61
Pivot 13,092 1,405 3,056 5,125 807 5,783 6,984 15.80
Support 1 13,012 1,397 3,043 5,081 803 5,757 6,888 15.16
Support 2 12,887 1,384 3,018 5,004 795 5,712 6,730 13.71