Unggahan by Richard Suttmeier

The major equity average are at the low end of our key value levels.

The power of the pivots continue for the major equity averages.

Fed Minutes move stocks back towards higher pivots.

Numerous pivots kept the market stable on Tuesday.

Daily charts are negative for the five major equity averages.

Dow Industrials & S&P 500 ended last week with daily key reversals.

Dow Industrials, S&P 500 and Dow Transports set all-time highs.

The Dow 30 missed setting an all-time intraday high by 6 cents on Wed.

New all-time intraday highs were set for the S&P 500 and Dow Transports!

The major equity average straddle new monthly and quarter levels.

We now have negative weekly charts for the Nasdaq and Russell 2000.

Dow Utilities and the SOX have year-to-date gains of 7.2%.

The Nasdaq and Russell 2000 join Dow Industrials in the RED for 2014.

The Dow retested my semiannual pivot at 16245 on Monday.

The S&P 500 eked out a new all-time intraday high at 1883.97 on Friday.

The SOX set another multiyear high at 587.69 and is up 9.8% YTD.

The line in the sand is 16245 on the Dow Industrial Average.

New highs are in sight as we wait for the Fed.

Dow Industrials traded around my semiannual pivot at 16245 all day.

Dow Industrials ended last week below its five-week MMA at 16158.

Dow, Nasdaq, Russell 2000 are below pivots at 16,245 / 4272 and 1180.35!

Three days in a row without a new multiyear or all-time highs!

No new highs since Monday’s five-year anniversary of S&P 666.8!

Monday was a day without new highs.

The S&P 500 and Dow Transports set new all-time highs on Friday.

The S&P 500 and Nasdaq set new highs again on Thursday.

The S&P 500 and Nasdaq set new highs on Wednesday.

New highs except for Dow Industrials and Dow Transports.

The major averages continue to straddle key pivots.

Dow Industrials & Dow Transports are the YTD laggards.

Pivots still rule in choppy trading as February draws to a close.

The ‘Power of the Pivots’ remains the 2014 stock market theme.

The major averages straddle key levels

A new all-time high for the S&P 500 as the Dow exceeds pivot at 16,245.

The Nasdaq could not close above my quarterly pivot at 4274.

Market volatility continues as my pivots prevail as magnets.

The Nasdaq is below its quarterly risky level at 4274.

The Nasdaq captures its quarterly risky level, the Nasdaq 100 does not.

Dow Utilities & Semiconductors (SOX) lead so far in 2014.

The Nasdaq 100 and the SOX set new multiyear intraday highs.

Choppy trendless trading continues around my pivots.

Transports and Russell 2000 lag in reaction to Fed Chief Yellen.

The Nasdaq holds the key for confirming cycle highs.

The S&P 500 and Transports closed on the cusp of semiannual pivots.

The S&P 500 moved back above its semiannual pivot at 1764.4.

Holding semiannual value levels at 3930 / 3920 Nasdaq keys stability.

Dow Industrials stayed below its 200-day SMA at 15,474.

S&P 500, Dow Transports and Russell 2000 fall below key levels

Stocks may confirm significant highs this week.