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

ValuEngine is a fundamentally-based quant research firm in Princeton, NJ. ValuEngine

covers over 5,000 stocks every day.

A variety of newsletters and portfolios containing Suttmeier's detailed research, stock picks,
and commentary can be found HERE.

Suttmeier's ForexTV Main Street vs Wall Street can be watched on the web HERE.

March 2, 2010 – Right Back to Where We Started From

Year to date changes are not significant. A surprise to most is that the yield on the 10-Year US
Treasury is down 24 basis points, gold is up only twenty bucks, crude oil is down 87 cents, the
dollar is up big against the euro and British Pound, but down against the Japanese yen. The
major equity averages are just about back to where they were when the year began.
This Grid is from the ValuEngine Morning Briefing

Supports – Levels that are likely to hold on weakness. Pivots – Levels that could be tested as magnets. Resistances –
Levels that are likely to restrain strength (D-Daily, W-Weekly, M-Monthly, Q-Quarterly, S-Semiannual and A-Annual).
Five-Week – The five-week modified moving average. Five-Month – The five-month modified moving average.
Int Sent – 12x3x3 weekly slow stochastic reading on a scale of 0.0 and 10.0. LT Sent – 12x3x3 monthly slow stochastic
reading. (Below 2.0 is oversold, above 8.0 is overbought. Rising is positive. Declining is negative).
Weekly Chart Profiles – Above the Five-Week with rising Int Sent is positive. Below the Five-Week with declining Int Sent
is negative.
Monthly Chart Profiles – Above the Five-Month with rising LT Sent is positive. Below the Five-Month with declining LT
Sent is negative.
10-Year Note – Daily and semiannual supports are 3.641 and 3.675 with monthly and weekly
resistances at 3.477 and 3.470. The 200-day simple moving average is resistance at 3.534.

Courtesy of Thomson / Reuters

Comex Gold – Daily, quarterly and annual supports are $1105.1, $1084.9 and $938.7 with weekly and
annual pivots at $1114.7 and $1115.2, and semiannual and monthly resistances at $1139.7, $1186.5
and $1195.4.

Courtesy of Thomson / Reuters

Nymex Crude Oil – Annual, weekly and quarterly supports are $77.05, $74.39 and $67.22 with my
monthly pivot at $80.05, and daily, annual and semiannual resistances at $81.23, $97.29 and $97.50.
Note the potential Head & Shoulders top for crude oil.

Courtesy of Thomson / Reuters

The Euro – Weekly support is 1.3439 with a daily pivot at 1.3548, and quarterly and monthly
resistances at 1.4327 and 1.4504.

Courtesy of Thomson / Reuters

The Dollar versus Japanese Yen – Weekly, monthly, quarterly and annual supports are 87.53, 84.74,
82.69 and 80.22 with a daily pivot at 88.93 and semiannual resistance at 92.73. The 200-day simple
moving average is resistance at 92.09.

Courtesy of Thomson / Reuters

The British Pound – Daily support is 1.4967 with a weekly pivot at 1.5325 and monthly resistance at
1.5663. Talk about an oversold currency as Cable takes a poinding.

Courtesy of Thomson / Reuters

 Table of Levels for the Major Equity Averages
1-Mar YTD 31-Dec Cycle Cycle Date of % High % Off % Off
Market Price Gains Price Lows Highs Highs To Lows Lows Highs
The Dow 10,404.00 -0.2% 10,428.00 6,469.95 14,198.10 Oct-07 -54.4% 60.8% 26.7%
S&P 500 1,115.70 0.1% 1,115.10 666.92 1,576.06 Oct-07 -57.7% 67.3% 29.2%
Nasdaq 2,274.00 0.2% 2,269.00 1,265.52 2,861.51 Oct-07 -55.8% 79.7% 20.5%
Utilities 372.21 -6.5% 398.01 288.66 555.71 Jan-08 -48.1% 28.9% 33.0%
Transports 4,169.00 1.7% 4,100.00 2,134.21 5,536.57 May-08 -61.5% 95.3% 24.7%
Russell 2000 642.65 2.8% 625.39 342.59 862.00 Jul-07 -60.3% 87.6% 25.4%
Semis (SOX) 349.48 -2.9% 359.91 167.55 549.39 Jul-07 -69.5% 108.6% 36.4%

Dow – Weekly support is 10,157 with my annual pivot at 10,379, and a daily pivot at 10,422. Quarterly
support is 6,705 with annual, monthly and semiannual resistances are 11,235, 11,461, 11,442 and
11,949.
S&P 500 – Weekly support is 1086.3 with a daily pivot at 1114.4. Annual and quarterly supports are
1014.2, 701.8 and 681.7 with annual, semiannual and monthly resistances at 1179.0, 1194.6 and
1212.9.
NASDAQ – Weekly support is 2176 with annual, daily and semiannual pivots at 2250, 2262 and 2258.
Annual and quarterly supports are 1659, 1440 and 1405 semiannual and monthly resistances at 2392
and 2430.
Dow Utilities – Weekly support is 358.10 with a daily pivot at 373.75 and monthly resistance at 391.82.
Quarterly support is 280.79 with annual and semiannual resistances at 456.73, 471.95 and 492.05. The
clear downside laggard year to date.
Dow Transports – Weekly support is 3983 with daily resistance at 4194. Quarterly supports are 3386
and 3225 with annual, semiannual and monthly resistances at 4324, 4488 and 4513. Annual and
semiannual resistances are 4955 and 5218.
Russell 2000 – Weekly support is 617.75 with a daily pivot at 640.28. Quarterly support is 421.24 with
semiannual, monthly and annual resistances at 673.50, 682.85, 717.69, 723.54 and 748.99.
The SOX – Weekly support is 313.87 with a daily pivot at 342.23 and semiannual resistance at 358.89.
Semiannual, annual and quarterly supports are 271.90, 259.45, 241.05 and 207.69 with monthly
resistance at 379.97.
Send me your comments and questions to Rsuttmeier@Gmail.com. For more information on our
products and services visit www.ValuEngine.com
That’s today’s Four in Four. Have a great day.
Check out the latest Main Street versus Wall Street on Forex TV Live each day at
1:30 PM. The next broadcast is Monday, March 8, 2010.
http://www.forextv.com/Forex/custom/LiveVideo/Player.jsp
Richard Suttmeier
Chief Market Strategist
www.ValuEngine.com
(800) 381-5576
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. I hope that you will go to www.ValuEngine.com and review some of the sample
issues of my research.

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