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...
  • My Monthly Pivots On The Dow & S&P 500 Continue As Magnets. 0 comments
    Nov 5, 2012 5:04 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (1.688) Weekly, semiannual, quarterly and annual value levels are 1.803, 1.853, 2.109 and 2.502 with a daily pivot at 1.677, and monthly and semiannual risky levels at 1.452 and 1.389.

    Comex Gold - ($1683.9) Semiannual, monthly and annual value levels are $1643.3, $1639.8 and $1575.8 with daily and semiannual pivots at $1675.3 and $1702.5, and weekly and quarterly risky levels at $1739.7 and $1881.4.

    Nymex Crude Oil - ($84.81) Daily, monthly and semiannual value levels are $83.25, $76.96 and $76.71 with a weekly pivot at $84.04, and annual and quarterly risky levels at $103.58 and $107.63.

    The Euro - (1.2789) Daily and monthly value levels are 1.2746 and 1.2289 with a semiannual pivot at 1.2917, and quarterly, weekly and annual risky levels at 1.3048, 1.3091 and 1.4239.

    This week's key levels are; monthly pivot / weekly risky level at 13,143 / 13,401 Dow Industrials, monthly pivot / weekly risky level at 1418.7 / 1435.3 S&P 500, weekly and monthly pivots at 3001 / 3028 NASDAQ, monthly and weekly value levels at 5053 / 5031 Dow Transports, and monthly pivot / weekly and annual risky levels at 807.15 / 812.45 / 836.15 Russell 2000. Annual value levels are 12,312 Dow Industrials, 1363.2 S&P 500, and 2698 NASDAQ.

    Daily Dow:(13,112) Daily and annual value levels are 12,885 and 12,312 with a monthly pivot at 13,143, and weekly and annual and quarterly risky levels at 13,401, 14,032 and 14,192.

    S&P 500 - (1417.3) Daily, annual and semiannual value levels are 1396.2, 1363.2 and 1059.7 with a monthly pivot at 1418.7, and weekly, quarterly and annual risky levels at 1435.3, 1513.3 and 1562.9.

    NASDAQ - (3000) Daily, annual and semiannual value levels are 2966, 2698 and 2527 with weekly and monthly pivots at 3001 and 3028, and annual and quarterly risky levels at 3232 and 3295.

    Dow Transports - (5124) Semiannual value levels are 4449 and 4129 with daily, monthly and weekly pivots at 5115, 5031 and 5053, and quarterly and annual risky levels at 5541 and 5861.

    Russell 2000 - (819.54) Daily, monthly and semiannual value levels are 815.02, 807.15 and 686.25 with weekly and annual risky levels at 821.45 and 836.15.

    The SOX- (378.38) Daily, weekly, monthly and semiannual value levels are 375.58, 356.73, 354.06 and 326.30 with quarterly risky level at 439.97.

    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.