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Equity Averages Are Stuck Between Weekly Pivots / Risky Levels.

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

10-Year Note - (1.651) Semiannual and quarterly value levels are 1.853 and 1.869 with daily, weekly, monthly and semiannual risky levels at 1.569, 1.507, 1.468 and 1.389.

Comex Gold - ($1613.4) Daily, annual and monthly value levels are $1593.1, $1575.8 and $1525.3 with a weekly pivot at $1602.3, and semiannual risky levels at $1643.3 and $1702.5. The weekly chart stays positive on a weekly close above the five-week MMA at $1602.0.

Nymex Crude Oil - ($93.36) Daily, weekly and monthly pivots at $91.41, $90.04 and $90.40, and annual and quarterly risky levels at $103.58 and $107.63. The 50-day simple moving average is $85.97 with the 200-day at $96.64.

The Euro - (1.2359) Daily, weekly and monthly pivots are 1.2334, 1.2303 and 1.2237. The weekly chart for the euro remains oversold with the five-week modified moving average at 1.2422.

The NASDAQ closed Wednesday above its weekly pivot at 3001 with Dow Industrials and S&P 500 below their weekly pivots at 13,208 and 1403.7 respectively. Dow Transports and Russell 2000 are below their weekly risky levels at 5192 and 812.50 respectively.

Daily Dow:(13,176) Daily and annual value levels are 13,073 and 12,312 with a weekly pivot at 13,208, and monthly risky level at 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 - (1402.2) Daily and annual value levels are 1390.9 and 1363.2 with a weekly pivot at 1403.7, and monthly risky level at 1458.2. The weekly chart profile stays positive on a weekly close above the five-week modified moving average at 1364.1.

NASDAQ - (3011) Daily and annual value levels are 2978 and 2698 with a weekly pivot at 3001, and monthly and annual risky levels at 3194 and 3232. The weekly chart profile stays positive on a weekly close above the five-week modified moving average at 2930.

Dow Transports - (5076) My daily value level is 5003 with weekly and monthly risky levels at 5192 and 5373. The weekly chart profile needs a weekly close above the five-week modified moving average at 5119 to turn positive. The all time high is 5627.85 set on July 7, 2011.

Russell 2000 - (800.16) My daily value level is 782.39 with weekly and annual risky levels at 812.50, and 836.15. The weekly chart profile needs a weekly close above the five-week modified moving average at 790.27 to turn positive. The all time high is 868.57 set on May 2, 2011.

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