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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. ValuEngine


covers over 7,000 stocks every day.

A variety of newsletters and portfolios containing Suttmeier's detailed research, stock


picks, and commentary can be found HERE.

October 6, 2010 – The Major Equity Averages Straddle Monthly Pivots

The yield on the 10-Year continues to trade around my weekly pivot at 2.479. Gold tested
$1351.0 above my monthly risky level at $1343.71. Crude oil continues to rally towards my
semiannual risky level at $83.94. The euro remains extremely overbought with my quarterly
value level at 1.3318 and today’s risky level at 1.4005. The Dow closed above my monthly pivot
at 10,857 which indicates potential to my annual risky level at 11,235. The Dow and S&P 500 are
above monthly pivots at 10,857 and 1151.5, while others are below monthly risky levels at 2424
NASDAQ, 4797 Dow Transports, 709.11 Russell 2000 and 378.21 on the SOX.
10-Year Note – (2.478) Annual and annual value levels are 2.813 and 2.999 with monthly, weekly and
daily pivots at 2.555, 2.479 and 2.456, and quarterly and semiannual risky levels at 2.265 and 2.249.

Courtesy of Thomson / Reuters

Comex Gold – ($1341.7) Quarterly, semiannual and annual value levels are $1306.4, $1260.8,
$1218.7 and $1115.2 with weekly and daily pivots at $1325.8 and $1339.3, and monthly risky level at
$1343.7.
Courtesy of Thomson / Reuters

Nymex Crude Oil – ($82.63) Annual and weekly value levels are $77.05 and $72.28 with daily,
semiannual and monthly risky levels at $84.04, $83.94 and $84.74.

Courtesy of Thomson / Reuters


The Euro – (1.3838) Quarterly and weekly value levels are 1.3318 and 1.2919 with a daily risky level
at 1.4005. My monthly value level is 1.2342 with semiannual risky level at 1.4733.

Courtesy of Thomson / Reuters

Daily Dow: (10,945) Semiannual, weekly, annual and quarterly value levels are 10,558, 10,392,
10,379 and 8,523 with my monthly pivot at 10,857, and daily, annual and semiannual risky levels
11,032, 11,235 and 11,296. My annual risky level at 11,235 was tested at the April 26th high of
11,258.01.

Courtesy of Thomson / Reuters


That’s today’s Four in Four. Have a great day.
Richard Suttmeier
Chief Market Strategist
ValuEngine.com
(800) 381-5576
Send your comments and questions to Rsuttmeier@Gmail.com. For more information on our products
and services visit www.ValuEngine.com
As Chief Market Strategist at ValuEngine Inc, my research is published regularly on the website www.ValuEngine.com.
I have daily, weekly, monthly, and quarterly newsletters available that track a variety of equity and other data parameters as
well as my most up-to-date analysis of world markets. My newest products include a weekly ETF newsletter as well as the
ValuTrader Model Portfolio newsletter. You can go HERE to review sample issues and find out more about my research.

“I Hold No Positions in the Stocks I Cover.”

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