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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.

Marc h 2, 2010 Right Back to Where We Star ted From

Year to date changes are not significant. A surprise to most is that the yield on the 10-Year USTreasury is down 24 basis points, gold is up only twenty bucks, crude oil is down 87 cents, thedollar is up big against the euro and British Pound, but down against the Japanese yen. Themajor 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 stochasticreading. (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 Sentis negative.Monthly Chart Profiles Above the Five-Month with rising LT Sent is positive. Below the Five-Month with declining LTSent is negative.

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10-Year Note Daily and semiannual supports are 3.641 and 3.675 with monthly and weeklyresistances 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, $1186.5and $1195.4.

Courtesy of Thomson / Reuters

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Nymex Crude Oil Annual, weekly and quarterly supports are $77.05, $74.39 and $67.22 with mymonthly 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

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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 simplemoving 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

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Table of Levels for the Major Equity Averages

1-Mar YTD 31-Dec Cycle Cycle Date of % High % Off % Of

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. Quarterlysupport is 6,705 with annual, monthly and semiannual resistances are 11,235, 11,461, 11,442 and11,949.

S&P 500 Weekly support is 1086.3 with a daily pivot at 1114.4. Annual and quarterly supports are1014.2, 701.8 and 681.7 with annual, semiannual and monthly resistances at 1179.0, 1194.6 and1212.9.

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 2392and 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. Theclear downside laggard year to date.

Dow Transports Weekly support is 3983 with daily resistance at 4194. Quarterly supports are 3386and 3225 with annual, semiannual and monthly resistances at 4324, 4488 and 4513. Annual andsemiannual resistances are 4955 and 5218.

Russell 2000 Weekly support is 617.75 with a daily pivot at 640.28. Quarterly support is 421.24 withsemiannual, 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 monthlyresistance at 379.97.

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

Thats todays Four in Four. Have a great day.

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Check out the latest Main Street versus Wall Street on Forex TV Live each day at1:30 PM. The next broadcast is Monday, March 8, 2010.

http://www.forextv.com/Forex/custom/LiveVideo/Player.jsp

Richard SuttmeierChief Market Strategistwww.ValuEngine.com(800) 381-5576

As Chief Market Strategist at ValuEngine Inc, my research is published regularly on the website www.ValuEngine.com. Ihave daily, weekly, monthly, and quarterly newsletters available that track a variety of equity and other data parameters aswell as my most up-to-date analysis of world markets. My newest products include a weekly ETF newsletter as well as theValuTrader Model Portfolio newsletter. I hope that you will go to www.ValuEngine.com and review some of the sampleissues of my research.

I Hold No Positions in the Stocks I Cover.