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Gold & Crude Oil Move Above Their 200-Day Simple Moving Averages

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

10-Year Note - (1.700) Tested and held its 200-day simple moving average at 1.861% on Tuesday. Semiannual, quarterly and daily value levels are 1.853, 1.869 and 1.873 weekly, monthly and semiannual risky levels at 1.561, 1.468 and 1.389.

Comex Gold - ($1656.2) Moved above its 200-day simple moving average at $1649.9 on Wednesday. Daily, annual and monthly value levels are $1627.7, $1575.8 and $1525.3 with weekly and semiannual pivots at $1635.0 and $1643.3, and semiannual and quarterly risky levels at $1702.5 and $1805.8.

Nymex Crude Oil - ($97.31) Moved above its 200-day simple moving average at $96.74 on Wednesday. My monthly value level is $90.40 with a daily pivot at $97.53, and weekly, annual and quarterly risky levels at $100.79, $103.58 and $107.63.

The Euro - (1.2517) Monthly and weekly value levels are 1.2237 and 1.2095 with a daily pivot at 1.2480, and semiannual risky level at 1.2917. The weekly chart shifts to positive on a weekly close above the five-week modified moving average at 1.2380.

The weekly charts for the major average remain positive with weekly closes above the five-week MMAs at 13,005 Dow Industrials, 1381.5 S&P 500, 2973 NASDAQ, 5125 Dow Transports and 797.80 Russell 2000. This week's risky levels / pivots are 13,400 Industrials, 1432.9 SPX, 3065 NASDAQ, 5214 Transports and 830.16 Russell 2000. My monthly risky levels are 13,625 Industrials, 1458.2 SPX, 3194 NASDAQ, 5373 Transports, and 846.16 Russell 2000. Annual and semiannual value levels are 12,312 and 10,738 Industrials, 1363.2 and 1059.7 S&P 500, 2698 and 2527 NASDAQ, 4449 and 4129 Transports and 686.25 on Russell 2000.

Daily Dow:(13,173) Annual and semiannual value levels are 12,312 and 10,738 with daily, weekly, monthly and annual risky levels at 13,204, 13,400, 13,625 and 14,032 and 14,493. The weekly chart profile stays positive on a weekly close above the five-week modified moving average at 13,005.

S&P 500 - (1413.5) Tested a new 2012 high at 1426.68 on Tuesday. My annual value level is 1363.2 with daily, weekly and monthly risky levels at 1417.6, 1432.9 and 1458.2. The weekly chart profile stays positive on a weekly close above the five-week modified moving average at 1381.5.

NASDAQ - (3074) Annual and semiannual value levels are 2698 and 2527 with a weekly pivot at 3065, and daily, monthly and annual risky levels at 3090, 3194 and 3232. The weekly chart profile stays positive on a weekly close above the five-week modified moving average at 2973.

Dow Transports - (5169) Semiannual value levels are 4449 and 4129 with weekly, daily, and monthly risky levels at 5214, 5241 and 5373. The weekly chart profile stays positive on a weekly close above the five-week modified moving average at 5125. The all time high is 5627.85 set on July 7, 2011.

Russell 2000 - (812.56) My semiannual value level is 686.25 with daily, weekly, annual and monthly risky levels at 818.60, 830.16, 836.15 and 846.16. The weekly chart profile stays positive with a weekly close above the five-week modified moving average at 797.80. The all time high is 868.57 set on May 2, 2011.

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