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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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  • Has The Market Factored In Greek Volatility – Follow My Levels. 0 comments
    Jun 16, 2012 2:41 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    The Key Levels for the US Capital Markets

    10-Year Note - (1.579) Daily, semiannual and monthly value levels are 1.674, 1.903 and 1.909 with weekly, quarterly and semiannual risky levels at 1.452, 1.407 and 1.385.

    Comex Gold - ($1625.7) My annual value level is $1388.4 with daily, weekly and annual pivots at $1606.1, $1583.8 and $1575.8, and semiannual and monthly risky levels at $1635.8, $1659.4 and $1695.4. My quarterly risky level is $1871.9. The 50-day / 200-day SMAs: $1615.3 / $1678.3.

    Nymex Crude Oil - ($84.00) Semiannual and weekly value levels are $79.83 and $78.40 with a daily pivot at $83.30, and quarterly, annual and semiannual risky levels at $101.55, $103.58 and $104.84.

    The Euro - (1.2656) My weekly value level is 1.2288 with a daily pivot at 1.2695, and monthly, semiannual and quarterly risky levels at 1.2815, 1.2980 and 1.3366. The June 2010 low is 1.1880.

    Friday's closes straddled key quarterly levels from my proprietary analytics. The Dow Industrials closed between its five-week MMA and quarterly risky level at 12,663 and 12,794. The S&P 500 closed above my quarterly pivot at 1337.7 with my annual pivot at 1363.2. The NASDAQ was the laggard closing below my quarterly risky level at 2911. Dow Transports closed just above its five-week MMA at 5087. The Russell 2000 closed below its five-week MMA at 776.11. This configuration shifts the weekly technicals to neutral from negative confirming my theme that we have seen the lows for the remainder of the first half of 2012, but look for new 2012 lows in the second half of 2012.

    Daily Dow:(12,767) Weekly and annual value levels are 12,330 and 12,312 with quarterly and daily risky levels at 12,794 and 13,005, and annual and monthly risky levels are 14,032 and 14,201.

    S&P 500 - (1342.8) My weekly value level is 1294.4 with my quarterly pivot at 1337.7, and annual, monthly and annual risky levels at 1363.2, 1504.8 and 1562.9.

    NASDAQ - (2873) Weekly and annual value levels are 2761 and 2698 with daily, quarterly, annual and monthly risky levels at 2908, 2911, 3232 and 3248.

    Dow Transports - (5091) My weekly value level is 4931 with daily and quarterly risky levels at 5211 and 5420, and the all time high set at 5627.85 on July 11, 2011.

    Russell 2000 - (771.32) My weekly value level is 4931 with daily, quarterly and annual risky levels at 779.38, 829.34 and 836.15, and the all time high set at 868.57 on May 2, 2011.

    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

    Themes: Friday’s closes straddled key quarterly levels from my proprietary analytics. The Dow Industrials closed between its five-week MMA and quarterly risky level at 12, 663 and 12, 794. Stocks: TLT, GLD, XLE, DIA, QQQ, SPY
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Posts by Themes
The Dow Industrial Average is below weekly and quarterly pivots at 12, 000, 000 Predictions, 003 Dow Industrials, 033 shifts the weekly chart to negative with my quarterly pivot at 12, 104 and 802.51 with weekly risky levels at 1406.6 SPX, 104 and the Russell 2000 closed above its weekly pivot at 802.51. Weekly risky levels remain at 1406.6 SPX, 104 Dow Industrials, 1375.7 SPX, 1376.3 SPX, 1376.4 SPX, 1397.0 S P 500, 1406.6 SPX, 200-day SMA, 2011, 210 and May’s risky level at 13, 210. , 2999 NASDAQ, 3002 NASDAQ, 3041 NASDAQ, 3097 NASDAQ, 3097 NASDAQ and 5326 Dow Transports., 3097 NASDAQ and 5326 Dow Transports. , 312. A weekly close below my annual pivot at 1363.2 is negative. , 312. The S P 500 is below my annual pivot at 1363.2 with my quarterly pivot at 1337.7., 338.66 shy of May’s risky level at 13, 354 Dow Industrials, 354 with this week’s pivot at 13, 354., 354. The S P 500 is between my monthly pivot at 1397.0 and weekly risky level at 1415.8. , 491, 491 and S P 500 1210.7, 5000 stocks in SPX, 507, 5228 Dow Transports and 812.71 Russell 2000. , 5229 Dow Transports and 811.00 Russell 2000. This keeps the Bull versus Bear Debate alive and kicking. , 5232 Dow Transports, 5326 Dow Transports and 802.51. , 5385 Dow Transports and 813.56 Russell 2000. , 692 and 12, 775 for the Dow Industrial Average, 794 and 12, 794 and annual value level at 12, 794 and my monthly risky level at 13, 794 with my annual value level at 1, 798 with my annual value level at 12, 944 Indicates Risk To 11, 964 Dow Industrials, 977, 978 Dow Industrials,
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