Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Stocks Are On A Roll, But Closing In On Weekly Risky Levels.

|Includes:DIA, GLD, QQQ, SPY, iShares 20+ Year Treasury Bond ETF (TLT), XLE

10-Year Note - (1.560) Daily, semiannual and quarterly value levels are 1.637, 1.853 and 1.869 weekly, monthly and semiannual risky levels at 1.507, 1.468 and 1.389.

Comex Gold - ($1611.7) Annual and monthly value levels are $1575.8 and $1525.3 with weekly and daily pivots at $1602.3 and $1617.5, and semiannual and quarterly risky levels at $1643.3, $1702.5 and $1805.8.

Nymex Crude Oil - ($92.11) My semiannual value level is $76.71 with daily, weekly and monthly pivots at $90.57, $90.04 and $90.40, and annual and quarterly risky levels at $103.58 and $107.63.

The Euro - (1.2397) Weekly and monthly pivots are 1.2303 and 1.2237 with a daily risky level at 1.2449. The weekly chart for the euro remains oversold with the five-week modified moving average at 1.2422.

The major equity averages are approaching this week's risky levels at 13,208 Dow Industrials, 1403.7 S&P 500, 3001 NASDAQ, 5192 Dow Transports, and 812.50 Russell 2000. The key value level is 1363.2 on the S&P 500. The other annual value levels are 12,312 Dow Industrials and 2698 NASDAQ.

Daily Dow:(13,118) Annual and semiannual value levels are 12,312 and 10,738 with daily, weekly and monthly risky levels at 13,375, 13,208 and 13,625. The weekly chart profile stays positive on a weekly close above the five-week modified moving average at 12,871.

S&P 500 - (1394.2) My annual pivot at 1363.2 with daily, weekly and monthly risky levels at 1424.4, 1403.7 and 1458.2. The weekly chart profile stays positive on a weekly close above the five-week modified moving average at 1364.1.

NASDAQ - (2990) Annual and semiannual value levels are 2698 and 2527 with daily, weekly, monthly and annual risky levels at 3038, 3001, 3194 and 3232. The weekly chart profile stays positive on a weekly close above the five-week modified moving average at 2930.

Dow Transports - (5086) I show no nearby value levels with daily, weekly and monthly risky levels at 5191, 5192 and 5373. The weekly chart profile needs a weekly close above the five-week modified moving average at 5119 to turn positive.

Russell 2000 - (788.48) I show no nearby value levels with daily, annual, weekly and monthly risky levels at 798.87, 812.50, 841.66 and 846.16. The weekly chart profile needs a weekly close above the five-week modified moving average at 790.27 to turn positive.

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