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Beware Of Potential Weekly Key Reversals At Today's Closes.

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

10-Year Note - (1.977) Daily, weekly, annual and semiannual value levels are 2.041, 2.078, 2.476 and 3.063 with my annual pivot at 1.981, and monthly and semiannual risky levels at 1.843 and 1.413.

Comex Gold - ($1575.9) My daily value is $1555.3 with my annual pivot at $1599.9 and weekly, semiannual, monthly, quarterly and annual and semiannual risky levels at $1647.9, $1719.2, $1793.7, $1802.9 and $1852.1.

Nymex Crude Oil - ($93.01) I show no value levels with daily, monthly and quarterly pivots are $95.78, $96.21 and $95.84 and weekly, annual and semiannual risky levels at $100.96, $115.23, $115.42 and $130.42.

The Euro - (1.3186) My semiannual value level is 1.2797 with my annual pivot at 1,3257, and daily, quarterly, monthly, weekly and annual risky levels at 1.3315, 1.3334, 1.3570, 1.3514 and 1.4295.

If today's closes are below last week's lows we have weekly key reversals to the downside. Last week's lows were; 13,906.73 Dow Industrials, 1513.63 S&P 500, 3182.19 NASDAQ, 5892.24 Dow Transports and 910.22 Russell 2000. Closes below these levels define weekly key reversals on all five major equity averages. Dow Transports are back below annual and semiannual pivots at 5925 and 5955. Dow Industrials lag monthly and semiannual risky levels at 14,132 and 14,323. The S&P 500 is shy of monthly and semiannual risky levels at 1542.9 and 1566.9. The NASDAQ is shy of my monthly risky level at 3250. The Russell 2000 is below my monthly pivot at 911.32 with my semiannual risky level at 965.51. Quarterly pivots are; 13,668 Dow Industrials, 1431.1 S&P 500 and 3071 NASDAQ. Annual pivots are; 5469 on Transports, and 860.25 Russell 2000. Annual value levels are; 12,696 and 12,509 Dow Industrials, 1348.3 S&P 500, 2806 and 2790 NASDAQ and 809.54 Russell 2000.

Daily Dow:(13,881) Quarterly and annual value levels are 13,668, 12,696 and 12,509 with daily, weekly, monthly and semiannual risky levels at 13,93, 14,226, 14,132 and 14,323.

S&P 500 - (1502.4) Quarterly and annual value levels are 1431.1 and 1348.3 with daily, weekly, monthly and semiannual risky levels at 1514.4, 1547.8, 1542.9 and 1566.9.

NASDAQ - (3131) Quarterly and annual value levels are 3071, 2806 and 2790 with daily, weekly, monthly and semiannual risky levels at 3163, 3252, 3250 and 3583.

NASDAQ 100 (NDX) - (2712) Annual value levels are 2463 and 2385 with daily, weekly, quarterly and monthly risky levels at 273w4, 2808, 2798 and 2871. My semiannual risky level is 3196.

Dow Transports - (5876) Annual, monthly and quarterly value levels are 5469, 5440 and 5094 with annual, semiannual and daily pivots at 5925, 5955 and 5940, and weekly risky level at 6116.

Russell 2000 - (905.40) Annual, quarterly and annual value levels are 860.25, 821.01 and 809.54 with my monthly pivot at 911.32, and daily, weekly and semiannual risky levels at 920.63, 943.46 and 965.51.

The SOX- (416.27) Monthly, quarterly and annual value levels are 409.08, 371.62 and 338.03 with daily, weekly, quarterly and semiannual risky levels at 426.01, 437.93, 440.36 and 520.17.

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