Richard Suttmeier's  Instablog

Richard Suttmeier
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I am the Founder & CEO at Global Market Consultants, Ltd. I consider myself as a Financial Engineer with an engineering degree from Georgia Tech and a Master of Science degree from Brooklyn Poly. In 1972 I began my career in the financial services industry trading U.S. Treasury securities in the... More
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Global Market Consultants
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valuengine.com/ve/ma...
  • The SOX Fails At Its 200-Day, While NAZ 100 Has A “Death Cross”. 0 comments
    Dec 14, 2012 8:43 AM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (1.732) Semiannual, quarterly and annual value levels are 1.853, 2.109 and 2.502 with weekly, daily, monthly and semiannual risky levels at 1.673, 1.670, 1.452 and 1.389.

    Comex Gold - ($1697.4) Daily, weekly, monthly and semiannual value levels are $1689.1, $1672.7, $1679.3 and $1643.3 with a semiannual pivot at $1702.5, and quarterly risky level at $1844.9.

    Nymex Crude Oil - ($86.29) Daily, weekly, monthly and semiannual value levels are $84.15, $82.21, $78.18 and $76.71 with annual and quarterly risky levels at $103.58 and $107.63.

    The Euro - (1.3075) Daily, semiannual, weekly and monthly value levels are 1.2999, 1.2917, 1.2838 and 1.2203 with my annual risky level at 1.4239.

    The SOX failed at its 200-day SMA at 389.36 and the 50-day SMA has crossed below the 200-day SMA on the Nasdaq 100. My monthly value levels are 12,826 Dow Industrials, 1378.6 S&P 500, 2893 NASDAQ, 4930 Dow Transports and 786.64 Russell 2000. My annual value level is 12,312 Dow Industrials with my annual pivot at 1363.2 S&P 500 and annual risky level at 836.15 Russell 2000.

    Daily Dow:(13,171) Monthly, weekly, annual and semiannual value levels are 12,826, 12,737, 12,312 and 10,738 with daily, annual and quarterly risky levels at 13,306, 14,032 and 14,192.

    S&P 500 - (1419.5) Weekly, monthly, annual and semiannual value levels are 1384.9, 1378.6, 1363.2, and 1059.7 with daily, quarterly and annual risky levels at 1426.6, 1513.3 and 1562.9.

    NASDAQ - (1992) Monthly, weekly, annual and semiannual value levels are 2893, 2882, 2698 and 2527 with a daily pivot at 2986, and annual and semiannual value levels at 3232 and 3295.

    NASDAQ 100 (NDX) - (2654) Annual, monthly, weekly, annual and semiannual value levels are 2603, 2596, 2550, 2300 and 2239, with a daily pivot at 2643 and my quarterly risky level at 2950.

    Dow Transports - (5182) Weekly, monthly, semiannual value levels are 5085, 4930, 4449 and 4129 with daily, quarterly and annual risky levels at 5239, 5541 and 5861.

    Russell 2000 - (824.20) Weekly, monthly and semiannual value levels are 797.63, 786.64 and 686.25 with daily and annual risky levels at 829.38 and 836.15.

    The SOX- (383.67) Weekly, monthly and semiannual value levels are 373.90, 326.94 and 326.30 with daily and quarterly risky levels at 890.46 and 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

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