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

The Russell 2000 Closed Above Its Annual Pivot At 836.15.

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

10-Year Note - (1.804) Semiannual, quarterly and annual value levels are 1.853, 2.109 and 2.502 with a daily pivot at 1.764, and monthly, weekly and semiannual risky levels at 1.681, 1.566 and 1.389.

Comex Gold - ($1750.3) Daily, semiannual, monthly and annual value levels are $1732.2, $1702.5, $1643.3, $1606.0 and $1575.8 with weekly and quarterly risky levels at $1878.5 and $1881.4.

Nymex Crude Oil - ($92.00) My semiannual value level is $76.71 with monthly and weekly pivots at $91.34 and $91.93, and daily, annual and quarterly risky levels at $93.53, $103.58 and $107.63.

The Euro - (1.3121) Daily, semiannual and monthly value levels are 1.2945, 1.2917 and 1.2589 with my quarterly pivot at 1.3048, and weekly and annual risky levels at 1.3408 and 1.4239.

The Dow Industrial Average is above its weekly and monthly pivots at 13,488 and 13,506 after testing both on Wednesday. The S&P 500 straddles its weekly and monthly risky levels at 1457.5 and 1468.0. The NASDAQ is below its weekly and monthly risky levels at 3141 and 3210. Dow Transports is above its weekly and monthly value levels at 4884 and 4859. The Russell 2000 straddles its weekly and monthly levels at 849.10 and 827.70 and is above its annual pivot at 836.15. This mix represents our overall neutral zone.

Daily Dow:(13,557) Daily and annual value levels are 13,311 and 12,312 with weekly and monthly pivots are 13,488 and 13,506, and annual and quarterly risky levels at 14,032 and 14,192.

S&P 500 - (1460.9) Daily, annual and semiannual value levels are 1429.8, 1363.2 and 1059.7 with a weekly pivot at 1457.5, and monthly, quarterly and annual risky levels at 1468.0, 1513.3 and 1562.9.

NASDAQ - (3104) Daily, annual and semiannual value levels are 3019, 2698 and 2527 with weekly, monthly, annual and quarterly risky levels at 3141, 3210, 3232 and 3295.

Dow Transports - (5149) Daily, weekly, monthly and semiannual value levels are 5085, 4884, 4859, 4449 and 4129 with quarterly and annual risky levels at 5541 and 5861.

Russell 2000 - (842.51) Monthly, daily and semiannual value levels are 827.70, 822.64 and 686.25 with my annual pivot at 836.15 and weekly risky level at 849.10.

The SOX- (379.41) Daily and semiannual value levels are 364.91 and 326.30 with weekly and monthly pivots at 371.98 and 385.39, and quarterly risky level at 439.97.

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