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ECB / FOMC Speculation Rules US Capital Markets.

|Includes:DIA, GLD, QQQ, SPY, iShares 20+ Year Treasury Bond ETF (TLT), XLE

10-Year Note - (1.666) Weekly, semiannual and quarterly value levels are 1.756, 1.853 and 1.869 with a monthly pivot at 1.620, and daily and semiannual risky levels at 1.607 and 1.389.

Comex Gold - ($1739.1) Semiannual, and annual value levels are $1702.5, $1643.3 and $1575.8 with a weekly pivot at $1721.3, and monthly and quarterly risky level at $1753.7 and $1805.8.

Nymex Crude Oil - ($96.36) My monthly value level is $93.30 with a daily pivot at $95.69, and weekly, annual and quarterly risky levels at $101.21, $103.58 and $107.63.

The Euro - (1.2809) My weekly value level is 1.2684 with daily and monthly pivots at 1.2745 and 1.2714, and semiannual risky level at 1.2917.

The weekly charts for four of the five major equity averages remain positive with the five-week modified moving averages at 13,098 Dow Industrials, 1400.4 S&P 500, 3033 NASDAQ and 810.33 Russell 2000. Dow Transports remains negative with its five-week MMA at 5,094. This week's value levels are 4989 Dow Transports and 821.96 Russell 2000 with weekly risky levels at 13,521 Dow Industrials, 1455.9 S&P 500 and 3171 NASDAQ. My monthly risky levels are 13,666 Dow Industrials, 1486.7 S&P 500, 3232 A NASDAQ, 5279 Dow Transports and 864.06 Russell 2000. My annual pivot is 836.15 Russell 2000. Annual and semiannual value levels are 12,312 Dow Transports, 1363.2 S&P 500, 2698 NASDAQ, 4449 Dow Transports and 686.25 on Russell 2000.

Daily Dow:(13,307) Daily, annual and semiannual value levels are 13,162, 12,312 and 10,738 with weekly, monthly and annual risky levels at 13,521, 13,666 and 14,032.

S&P 500 - (1437.9) Daily and annual value levels are 1421.2 and 1363.2 with weekly and monthly risky levels at 1455.9 and 1486.7.

NASDAQ - (3136) Daily, annual and semiannual value levels are 3111, 2698 and 2527 with annual, weekly, monthly and quarterly risky levels at 3171, 3232, 3340 and 3348.

Dow Transports - (5072) Weekly, daily and semiannual value levels are 4989, 4985, 4449 and 4129 with my monthly risky level at 5279. The all time high is 5627.85 set on July 7, 2011.

Russell 2000 - (842.27) Daily, annual and weekly and semiannual value levels are 838.20, 836.15 and 821.96 with my monthly risky level at 864.06. The all time high is 868.57 set on May 2, 2011.

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Stocks: TLT, GLD, XLE, DIA, QQQ, SPY