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Richard Suttmeier
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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
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  • Gold Tests Its Monthly Pivot While The Euro Tests Its Annual Pivot. 0 comments
    Jan 10, 2013 6:25 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (1.894) Annual, daily and semiannual value levels are 1.981, 2.028, 2.476 and 3.063 with weekly, semiannual, monthly and quarterly risky levels at 1.835, 1.413, 1.349 and 1.027.

    Comex Gold - ($1673.5) My annual value level is $1599.9 with my monthly pivot at $1673.8 and semiannual, quarterly and annual risky levels at $1719.2, $1802.9 and $1852.1.

    Nymex Crude Oil - ($93.89) Weekly and monthly value level is $92.20 and $74.23 with daily, quarterly, annual and semiannual risky levels at $95.47, $95.84, $115.23, $115.42 and $130.42.

    The Euro - (1.3253) Daily, semiannual, monthly and semiannual value levels are 1.3063, 1.2797, 1.2343 and 1.1197 with my annual pivot at 1.3257 and quarterly risky level at 1.3334.

    Gold tested my monthly pivot at $1673.8 on Thursday, as the euro versus the dollar tested its annual pivot at 1.3257. Quarterly pivots are 1431.1 S&P 500 and 3071 NASDAQ. Annual pivots are 5469 Dow Transports and 860.25 Russell 2000. Monthly value levels are 12,818 Dow Industrials, 1397.6 S&P 500, 2934 NASDAQ, 5012 Dow Transports and 813.37 Russell 2000. Quarterly value levels are 3071 NASDAQ, 5094 Dow Transports and 821.01 Russell 2000 with quarterly risky levels at 13,668 Dow Industrials, 1510.0 S&P 500, 3274 NASDAQ, 5634 Dow Transports and 913.92 Russell 2000.

    Daily Dow:(13,471) Monthly, annual and semiannual value levels are 12,818, 12,696, 12,509 and 10,788 with quarterly, daily and semiannual risky levels at 13,668, 13,815, 14,118 and 14,323.

    S&P 500 - (1472.1) Quarterly, monthly and annual value levels are 1431.1, 1397.6, 1400.7 and 1348.3 with quarterly, daily and semiannual risky level at 1510.0, 1517.3 and 1566.9.

    NASDAQ - (3122) Quarterly, monthly, annual and semiannual value levels are 3071, 2934, 2806, 2790 and 2546 with daily, quarterly and semiannual risky levels at 3234, 3274 and 3583.

    NASDAQ 100 (NDX) - (2744) Monthly, annual and semiannual value levels are 2610, 2463, 2385 and 2249 with quarterly, daily and semiannual risky levels at 2798, 2843 and 3196.

    Dow Transports - (5574) Quarterly and monthly value levels are 5094 and 5012 with an annual pivot at 5469, and quarterly, daily, annual and semiannual risky levels at 5634, 5767, 5925 and 5955.

    Russell 2000 - (881.24) Annual, quarterly, monthly and annual value levels are 860.25, 821.01, 813.37 and 809.54 with quarterly, daily and semiannual risky levels at 913.92, 916.12 and 965.51.

    The SOX- (400.73) Quarterly, monthly, annual and semiannual value levels are 371.62, 347.83, 338.03 and 325.99 with daily, quarterly and semiannual risky levels at 414.93, 440.36 and 520.17.

    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

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