Seeking Alpha

Richard Suttmeier's  Instablog

Richard Suttmeier
Send Message
ValuEngine.com ValuEngine, Inc is an independent research company, producing recommendations, forecasted target prices, and fair market valuations on over 5,500 equities trading on US exchanges (including over 700 international ADR's).. Research on each equity is updated every trading day to... More
My company:
ValuEngine
My blog:
valuengine.com/ve/ma...
  • QE Fatigue Appears To Be Spreading To Other Markets / Indices. 0 comments
    Sep 26, 2012 6:01 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (1.618) Weekly, quarterly and semiannual value levels are 1.854, 1.869, 1.853 and 2.502 with a monthly pivot at 1.620, and daily and semiannual risky levels at 1.593 and 1.389.

    Comex Gold - ($1754.0) Semiannual, and annual value levels are $1702.5, $1643.3 and $1575.8 with monthly, daily and weekly pivots at $1753.7, $1759.1 and $1768.3, and quarterly risky levels at $1803.8 and $1856.6.

    Nymex Crude Oil - ($89.95) My daily value level is $85.76 with my monthly pivot at $93.30, and weekly and annual and quarterly risky levels at $99.84, $103.58 and $107.63.

    The Euro - (1.2866) My monthly value level is 1.2714 with semiannual and daily pivots at 1.2917 and 1.2810, and weekly, annual and quarterly risky levels at 1.3028, 1.4239 and 1.4583.

    The Dow Transportation Average stays negative on its weekly chart with a close on Friday below its five-week modified moving average at 5075. Additional market weakness today and Friday puts all four of the other major averages on the cusp of downgrades with weekly closes below their five-week MMAs at 13,268 Dow Industrials, 1422.2 S&P 500, 3085 NASDAQ and 827.66 Russell 2000. This week's pivots / risky levels are 13,566 Dow Industrials, 1471.1 S&P 500, 3238 NASDAQ, 5002 Dow Transports and 859.38 on the Russell 2000. Next week I will have new weekly, monthly and quarterly value levels, pivots and risky levels.

    Daily Dow:(13,414) Annual and semiannual value levels are 12,312 and 10,738 with a daily pivot at 13,455, and weekly monthly, annual and quarterly risky levels at 13,566, 13,666, 14,032 and 14,493.

    S&P 500 - (1433.3) Annual and semiannual value levels are 1363.2 and 1059.7 with daily, weekly, monthly, quarterly and annual risky levels at 1438.0, 1471.1, 1486.7, 1539.8 and 1562.9.

    NASDAQ - (3094) Annual and semiannual value levels are 2698 and 2527 with daily, weekly, annual, monthly and quarterly risky levels at 3118, 3238, 3232, 3340 and 3348.

    Dow Transports - (4914) Daily and semiannual value levels are 4763, 4449 and 4129 with weekly, monthly, quarterly and annual risky levels at 5002, 5279, 5410 and 5861.

    Russell 2000 - (833.92) My semiannual value level lags at 686.25 with daily and annual pivots at 832.56 and 836.15, and weekly, monthly and quarterly risky levels at 859.38, 864.06 and 877.61.

    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

Back To Richard Suttmeier's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.