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ronmm on The Russell 2000 Confirms Key Reversal - Upside Should Continue. With all due respect, I don't get this key reve...
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seethrudanoise on This Week's Random Volatility Has Little Meaning very solid
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Richard Suttmeier on The S&P 500 Tested My Quarterly Value Level At 1337.7. As you close below a key level you seek the nex...
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Chambord on The S&P 500 Tested My Quarterly Value Level At 1337.7. What are the implications of this?
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Posts by Themes
The Dow Industrial Average is below weekly and quarterly pivots at 12,
000,
000 Predictions,
003 Dow Industrials,
033 shifts the weekly chart to negative with my quarterly pivot at 12,
104 and 802.51 with weekly risky levels at 1406.6 SPX,
104 and the Russell 2000 closed above its weekly pivot at 802.51. Weekly risky levels remain at 1406.6 SPX,
104 Dow Industrials,
1375.7 SPX,
1376.3 SPX,
1376.4 SPX,
1397.0 S P 500,
1406.6 SPX,
200-day SMA,
2011,
210 and May’s risky level at 13,
210. ,
2999 NASDAQ,
3002 NASDAQ,
3041 NASDAQ,
3097 NASDAQ,
3097 NASDAQ and 5326 Dow Transports.,
3097 NASDAQ and 5326 Dow Transports. ,
312. A weekly close below my annual pivot at 1363.2 is negative. ,
312. The S P 500 is below my annual pivot at 1363.2 with my quarterly pivot at 1337.7.,
338.66 shy of May’s risky level at 13,
354 Dow Industrials,
354 with this week’s pivot at 13,
354.,
354. The S P 500 is between my monthly pivot at 1397.0 and weekly risky level at 1415.8. ,
491,
491 and S P 500 1210.7,
5000 stocks in SPX,
507,
5228 Dow Transports and 812.71 Russell 2000. ,
5229 Dow Transports and 811.00 Russell 2000. This keeps the Bull versus Bear Debate alive and kicking. ,
5232 Dow Transports,
5326 Dow Transports and 802.51. ,
5385 Dow Transports and 813.56 Russell 2000. ,
692 and 12,
775 for the Dow Industrial Average,
794 and 12,
794 and annual value level at 12,
794 and my monthly risky level at 13,
794 with my annual value level at 1,
798 with my annual value level at 12,
944 Indicates Risk To 11,
964 Dow Industrials,
977,
978 Dow Industrials,
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Bulls & Bears Battle For Potential Key Reversals!
10-Year Note - (2.023) Annual and semiannual value levels are 2.476 and 3.063 with daily, annual and monthly pivots at 2.015, 1.981 and 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.
Comex Gold - ($1391.7) Daily and weekly value levels are $1343.4 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.
Nymex Crude Oil - ($94.43) Weekly, monthly and quarterly value levels are $93.99, $88.34 and $79.66 with a daily pivot at $95.09 and my annual risky level at $115.23.
The Euro - (1.2934) Daily, semiannual and quarterly value levels are 1.2819, 1.2797 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.
The major equity averages traded back and forth across the unchanged lines on Thursday. The result for Thursday is a draw. The bulls wanted higher closes to avoid potential key reversals. The bears wanted to keep a key reversal as a possibility depending upon whether or not Friday's closes are below Thursday's closes or not. For the major equity averages to have weekly key reversals, these averages would have to close below last week's lows at; 15,053.46 Dow Industrials, 1626.74 S&P 500, 3426.67 Nasdaq, 6324.48 on Dow Transports and 971.24 Russell 2000. This is feasible but unlikely.
Daily Dow:(15,295) Monthly, semiannual, quarterly and annual value levels are 14,651, 14,323, 13,755 and 12,696 with a weekly pivot at 15,281, a daily risky level at 15,508 and the May 22 all time high at 15,542.40.
S&P 500 - (1650.5) Monthly, semiannual, quarterly and annual value levels are 1587.3, 1566.9, 1448.7 and 1348.3 with a daily risky level at 1681.5 and the May 22 all time high at 1687.18.
NASDAQ - (3459) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with a daily risky level at 3512 and the May 22 multi-year high at 3532.04, and a semiannual risky at 3583.
NASDAQ 100 (NDX) - (2991) Quarterly, monthly and annual value levels are 2819, 2750 and 2463 with a weekly pivot at 2988, a daily risky level at 3030 and the May 22 multi-year high at 3053.51.
Dow Transports - (6430) Weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with a daily risky level at 6613 and the May 22 all time high at 6562.85.
Russell 2000 - (984.28) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a risky level at 1004.81 and the May 22 high at 1008.23..
The SOX- (461.75) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 469.68. My semiannual risky level is 520.17 with the July 2007 high at 549.39.
Dow Utilities:(504.51) My semiannual value level is 474.63 with monthly and daily pivots at 509.53 and 512.78, and quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.
VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D
New Highs, Then Potential Key Reversals!
10-Year Note - (2.030) Annual and semiannual value levels are 2.476 and 3.063 with daily, annual and monthly pivots at 2.023, 1.981 and 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.
Comex Gold - ($1363.7) Daily and weekly value levels are $1331.2 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.
Nymex Crude Oil - ($94.17) Weekly, monthly and quarterly value levels are $93.99, $88.34 and $79.66 with a daily pivot at $94.28 and my annual risky level at $115.23.
The Euro - (1.2856) Semiannual, daily and quarterly value levels are 1.2797, 1.2796 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.
Dow Industrials, S&P 500 and the Russell 2000 set new all time highs on Wednesday with the Nasdaq setting a new multi-year high. The closes were below Tuesday's lows setting up potential key reversals given lower closes today and Friday. Dow Transports set its new all time high on Monday and ended Wednesday down 2.3% from that high.
Daily Dow:(15,307) Weekly, monthly, semiannual, quarterly and annual value levels are 15,281, 14,651, 14,323, 13,755 and 12,696 with a daily risky level at 15,439 and the May 22 all time high at 15,542.40.
S&P 500 - (1655.4) Weekly, monthly, semiannual, quarterly and annual value levels are 1650.2, 1587.3, 1566.9, 1448.7 and 1348.3 with a daily risky level at 1679.0 and the May 22 all time high at 1687.18.
NASDAQ - (3463) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with a daily risky level at 3511 and the May 22 multi-year high at 3532.04, and a semiannual risky at 3583.
NASDAQ 100 (NDX) - (2999) Weekly, quarterly, monthly and annual value levels are 2988, 2819, 2750 and 2463 with a daily risky level at 3031 and the May 22 multi-year high at 3053.51.
Dow Transports - (6416) Weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with a daily risky level at 6560 and the May 22 all time high at 6562.85.
Russell 2000 - (982.26) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a risky level at 1000.66 and the May 22 high at 1008.23.
The SOX- (461.62) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 464.90. My semiannual risky level is 520.17 with the July 2007 high at 549.39.
Dow Utilities:(507.46) My semiannual value level is 474.63 with monthly and daily pivots at 509.53 and 511.45, and quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.
VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D
New All Time Or Multi-Year Highs Except For The Russell 2000.
10-Year Note - (1.935) Annual, daily and semiannual value levels are 1.981, 2.054, 2.476 and 3.063 with a monthly pivot at 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.
Comex Gold - ($1372.4) Daily and weekly value levels are $1339.3 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.
Nymex Crude Oil - ($96.16) Daily, weekly, monthly and quarterly value levels are $95.09, $93.99, $88.34 and $79.66 with my annual risky level at $115.23.
The Euro - (1.2906) Semiannual, daily and quarterly value levels are 1.2797, 1.2781 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.
New all time highs were set on Tuesday for Dow Industrials, S&P 500 and Dow Transports, but not on the Russell 2000. The Nasdaq set a new multi-year high at 3512.15 versus my semiannual risky level at 3583. Technical momentum continues to trump the ValuEngine Valuation Warning which continues to intensify.
Daily Dow:(15,388) Weekly, monthly, semiannual, quarterly and annual value levels are 15,281, 14,651, 14,323, 13,755 and 12,696 with the May 21 all time high at 15,434.50 and daily risky level at 15,451.
S&P 500 - (1669.2) Weekly, monthly, semiannual, quarterly and annual value levels are 1650.2, 1587.3, 1566.9, 1448.7 and 1348.3 with the May 21 all time high at 1674.93 and daily risky level at 1684.3.
NASDAQ - (3502) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with the May 21 multi-year high at 3512.15, and daily and semiannual risky levels at 3541 and 3583.
NASDAQ 100 (NDX) - (3026) Weekly, quarterly, monthly and annual value levels are 2988, 2819, 2750 and 2463 with the May 21 multi-year high at 3036.71 and daily risky level at 3053.
Dow Transports - (6519) Weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with the May 21 all time high at 6560.41 and daily risky level at 6610.
Russell 2000 - (998.76) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with the May 20 all time high at 1001.50 and daily risky level at 1011.64.
The SOX- (469.03) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 471.59. My semiannual risky level is 520.17 with the July 2007 high at 549.39.
Dow Utilities:(515.49) Monthly and semiannual value levels are 509.53 and 474.63 with daily and quarterly pivots at 515.64 and 524.16, and annual and weekly risky levels at 540.37 and 543.29.
VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D