Richard Suttmeier is the Chief Market Strategist at www.ValuEngine.com.

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September 28, 2010 – Crude Oil tests my Annual Pivot at $77.05 yet again

The 10-Year US Treasury yield is amongst monthly, quarterly and weekly pivots at 2.562, 2.495
and 2.477. Gold appears ripe for profit-taking above $1300.0 the Troy ounce as my semiannual
value level lags at $1260.8. Crude oil tested my annual pivot at $77.05 yet again on Monday. The
euro is extremely overbought with today’s risky level at 1.3558. The Dow remains overbought
on its daily chart with a risky level at 10,895 versus the high for the move set Monday at 10,873.
10-Year Note – (2.612) Annual and annual value levels are 2.813 and 2.999 with daily and monthly
pivots at 2.523 and 2.563, and quarterly, weekly and semiannual risky levels at 2.495, 2.477 and
2.249.

Courtesy of Thomson / Reuters

Comex Gold – ($1297.6) Monthly, semiannual, quarterly and annual value levels are $1263.8, 1260.8,
$1218.7, $1140.9 and $1115.2 with daily and weekly risky levels at $1308.3 and $1320.4.
 Courtesy of Thomson / Reuters

Nymex Crude Oil – ($76.26) Weekly and quarterly value levels are $72.93 and $56.63 with monthly
and daily pivots at $74.45 and $74.53, my annual pivot at $77.05, and semiannual risky level at
$83.94.

Courtesy of Thomson / Reuters

The Euro – (1.3461) My weekly value level is 1.2986 with a daily risky level at 1.3558. Quarterly and
monthly value levels are 1.2167, 1.1721 and 1.1424 with semiannual risky level at 1.4733.

Courtesy of Thomson / Reuters

Daily Dow: (10,812) Semiannual, weekly, annual, monthly and quarterly value levels are 10,558,
10,547, 10,379, 10,164 and 7,812 with daily and annual risky levels at 10,895 and 11,235. My annual
risky level at 11,235 was tested at the April 26th high of 11,258.01. The Dow remains overbought
with a negative divergence.

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
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