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Richard Suttmeier is the Chief Market Strategist at www.ValuEngine.com.ValuEngine is a fundamentally-based quant research firm in Newtown, PA. ValuEnginecovers over 7,000 stocks every day.

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Oct ober 7, 2010 Crude Oi l Test s My Semiann ual Risk y Level at $83.94

The yield on the 10-Year defies Wall Streets Bond Bubble Call declining to 2.357 on

Wednesday getting closer to my quarterly and semiannual risky levels at 2.265 and 2.249. Goldclosed above my monthly risky level at $1343.71 and reached a new all time high overnight at$1357.4, as MOJO remains extremely overbought on the daily chart. Crude oil tested mysemiannual risky level at $83.94, and closed below that key level. Talk of QE2 has the dollarreeling, and the euro extremely overbought with my quarterly value level at 1.3318 and todayspivot at 1.3952. The Dow traded as high as 10,974.16 on Wednesday between my monthly pivotat 10,857 and my annual risky level at 11,235. The Dow and S&P 500 are above monthly pivotsat 10,857 and 1151.5, while others remain below monthly risky levels at 2424 NASDAQ, 4797Dow Transports, 709.11 Russell 2000 and 378.21 on the SOX.

10-Year Note (2.403) Annual and annual value levels are 2.813 and 2.999 with monthly and weekly

pivots at 2.555 and 2.479, and daily, quarterly and semiannual risky levels at 2.343, 2.265 and 2.249.

Courtesy of Thomson / Reuters

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Comex Gold ($1347.7) Weekly, quarterly, semiannual and annual value levels are $1325.8,$1306.4, $1260.8, $1218.7 and $1115.2 with daily and monthly pivots at $1347.7 and $1343.7. Gold

is going parabolic as there are no risky levels.

Courtesy of Thomson / Reuters

Nymex Crude Oil ($83.23) Annual and weekly value levels are $77.05 and $72.28 with daily and

semiannual pivots at $$83.98 and $83.94 and monthly risky level at $84.74.

Courtesy of Thomson / Reuters

8/8/2019 Crude Oil Tests My Semiannual Risky Level at $83.94

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The Euro (1.3938) Quarterly and weekly value levels are 1.3318 and 1.2919 with a daily pivot at1.3952. My monthly value level is 1.2342 with semiannual risky level at 1.4733.

Courtesy of Thomson / Reuters

Daily Dow: (10,968) Semiannual, weekly, annual and quarterly value levels are 10,558, 10,392,10,379 and 8,523 with monthly and daily pivots at 10,857 and 10,863, and annual and semiannual

risky levels 11,235 and 11,296. My annual risky level at 11,235 was tested at the April 26th

high of11,258.01.

Courtesy of Thomson / Reuters

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Thats todays Four in Four. Have a great day.

Richard Suttmeier

Chief Market StrategistValuEngine.com(800) 381-5576

Send your comments and questions to Rsuttmeier@Gmail.com. For more information on our productsand services visit www.ValuEngine.com

As Chief Market Strategist at ValuEngine Inc, my research is published regularly on the website www.ValuEngine.comI have daily, weekly, monthly, and quarterly newsletters available that track a variety of equity and other data parameters awell as my most up-to-date analysis of world markets. My newest products include a weekly ETF newsletter as well as the

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