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...
  • NASDAQ, Transports And Russell 2000 Closed Below 5-Week MMAs. 0 comments
    Apr 6, 2013 9:15 AM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (1.703) Weekly, annual, monthly and semiannual value levels are 1.833, 1.981, 2.035, 2.476 and 3.063 with a daily pivot at 1.709 and my semiannual risky level at 1.413.

    Comex Gold - ($1578.6) Daily and weekly value levels are $1562.1 and $1506.6 and annual, semiannual, monthly, quarterly and annual risky levels at $1599.9, $1719.2, $1723.4, $1808.3 and $1852.1.

    Nymex Crude Oil - ($93.04) Weekly and quarterly value levels are $91.50 and $79.66 with daily, monthly and annual risky levels at $96.02, $98.93 and $115.23.

    The Euro - (1.3007) Daily, semiannual, weekly and quarterly value levels are 1.2901, 1.2797, 1.2738, 1.2489 and 1.2169 with annual and monthly risky levels at 1.3257 and 1.3668.

    The NASDAQ, Dow Transports and Russell 2000 ended the week below their five-week modified moving averages at 3207, 6043 and 927.47 but weekly MOJO remains overbought. The major equity averages straddle semiannual levels at 14,323 Dow Industrials, 1566.9 S&P 500, 3583 NASDAQ, 5955 Dow Transports and 965.51 Russell 2000. Monthly and quarterly value levels are 14,286 / 13,755 Dow Industrials, 1448.7 S&P 500, 3106 NASDAQ, 5324 Dow Transport and 807.82 Russell 2000 with monthly pivots at 1565.8 S&P 500 and 5960 Dow Transports, and monthly risky levels at 3289 NASDAQ and 958.79 Russell 200. Annual value levels are 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, 5469 Dow Transports and 860.25 / 809.54 Russell 2000. This week's risky levels are 14,719 Dow Industrials, 1570.5 S&P 500, 3237 NASDAQ, 6267 Dow Transports and 951.53 Russell 2000.

    Daily Dow:(14,565) Semiannual, monthly, quarterly and annual value levels are 14,323, 14,286, 13,755 and 12,696 with daily and weekly risky levels at 14,705 and 14,719.

    S&P 500 - (1553.3) Quarterly and annual value levels are 1448.7 and 1348.3 with monthly and semiannual pivots at 1565.8 and 1566.9 and daily and weekly risky levels are 1570.2 and 1570.5.

    NASDAQ - (3204) Quarterly and annual value levels are 3106 and 2806 with daily, weekly, monthly and semiannual risky levels at 3236, 3237, 3289 and 3583.

    NASDAQ 100 (NDX) - (2772) My annual value level is 2463 with a weekly pivot at 2784, and daily, quarterly and monthly risky levels at 2807, 2819 and 2839.

    Dow Transports - (6037) Annual and quarterly value levels are 5469 and 5324 with annual, monthly and semiannual pivots at 5925, 5960 and 5955, and daily and weekly risky levels at 6081 and 6267. .

    Russell 2000 - (923.28) Annual and quarterly value levels are 860.25, 809.54 and 807.82 with a daily pivot at 924.29, and weekly, monthly and annual risky levels at 951.53, 958.79 and 965.51.

    The SOX- (418.93) Quarterly and annual value levels are 357.61 and 338.03 with a monthly pivot at 419.96, and daily and weekly risky levels at 421.96 and 431.33.

    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.