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  • More New Highs But Not On Transports or Industrials.

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    Richard Suttmeier
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    The S&P 500, NASDAQ and Russell 2000 eked out new highs for the move on Monday, but not Dow Industrials or Dow Transports. My last semiannual risky level remains 3583 on the NASDAQ. My semiannual pivots are 1566.9 S&P 500 and 5955 Dow Transports. My semiannual value level is 14,323 on Dow Industrials. My prediction remains that the major equity averages will test my annual value levels at some point in 2013 at; 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, 5469 Dow Transports and 809.54 Russell 2000.

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    The S&P 500, NASDAQ and Russell 2000 eked out new highs for the move on Monday, but not Dow Industrials or Dow Transports. My last semiannual risky level remains 3583 on the NASDAQ. My semiannual pivots are 1566.9 S&P 500 and 5955 Dow Transports. My semiannual value level is 14,323 on Dow Industrials. My prediction remains that the major equity averages will test my annual value levels at some point in 2013 at; 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, 5469 Dow Transports and 809.54 Russell 2000.

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    More New Highs But Not On Transports or Industrials.

    Uploaded by

    Richard Suttmeier
    The S&P 500, NASDAQ and Russell 2000 eked out new highs for the move on Monday, but not Dow Industrials or Dow Transports. My last semiannual risky level remains 3583 on the NASDAQ. My semiannual pivots are 1566.9 S&P 500 and 5955 Dow Transports. My semiannual value level is 14,323 on Dow Industrials. My prediction remains that the major equity averages will test my annual value levels at some point in 2013 at; 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, 5469 Dow Transports and 809.54 Russell 2000.

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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 http://www.valuengine.com/nl/mainnl To unsubscribe from this free email newsletter list, please click

    http://www.valuengine.com/pub/Unsubscribe? May 14, 2013 More new highs but not on Transports or Industrials.
    10-Year Note (1.922) Monthly, daily, annual and semiannual value levels are 1.945, 1.967, 1.981, 2.476 and 3.063 with weekly and semiannual risky levels at 1.581 and 1.413. Comex Gold ($1429.7) My weekly value level is $1405.9 with daily, monthly, annual, semiannual, quarterly and annual risky levels at $1453.0, $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1. Nymex Crude Oil ($95.01) Weekly, monthly and quarterly value levels are $93.82, $88.34 and $79.66 with daily and annual risky levels at $99.94 and $115.23. The Euro (1.2968) Semiannual and quarterly value levels are 1.2797 and 1.2169 with daily and weekly pivots at 1.2910 and 1.2962, and annual and monthly risky levels at 1.3257 and 1.3597. The S&P 500, NASDAQ and Russell 2000 eked out new highs for the move on Monday, but not Dow Industrials or Dow Transports. My last semiannual risky level remains 3583 on the NASDAQ. My semiannual pivots are 1566.9 S&P 500 and 5955 Dow Transports. My semiannual value level is 14,323 on Dow Industrials. My prediction remains that the major equity averages will test my annual value levels at some point in 2013 at; 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, 5469 Dow Transports and 809.54 Russell 2000. Daily Dow: (15,092) Monthly, semiannual, quarterly and annual value levels are 14,651, 14,323, 13,755 and 12,696 with a weekly pivot at 15,040, the May 9 all time high at 15,144.83 and daily risky level at 15,370. S&P 500 (1633.8) Weekly, monthly, semiannual, quarterly and annual value levels are 1614.3, 1587.3, 1566.9, 1448.7 and 1348.3 with the May 13 all time high at 1636.0 and daily risky level at 1665.3. NASDAQ (3439) Weekly, monthly, quarterly and annual value levels are 3362, 3233, 3106 and 2806 with the May 13 multi-year high at 3447.10, and daily and semiannual risky levels at 3511 and 3583. NASDAQ 100 (NDX) (2982) Weekly, quarterly, monthly and annual value levels are 2928, 2819, 2750 and 2463 with the May 13 multi-year high at 2989.70 and daily risky level at 3046. Dow Transports (6344) Monthly, weekly, annual, semiannual and quarterly value levels are 6284, 6113, 5955, 5925, 5469 and 5324 with the May 9 all time high at 6417.38 and daily risky level at 6592. Russell 2000 (973.79) Weekly, annual / quarterly value levels are 941.06, 860.25, 809.54 / 807.82 with monthly / annual pivots at 962.82 / 965.51, the May 13 all time high at 976.22 and daily risky level at 1004.97. The SOX (461.28) Weekly, monthly, quarterly, and annual value levels are 444.57, 419.92, 357.61 and 338.03 with a daily risky level at 473.58. My semiannual risky level is 520.17 with the July 2007 high at 549.39. Dow Utilities: (510.41) Monthly, daily and semiannual value levels are 509.53, 507.00 and 474.63 with my quarterly pivot at 524.16, and weekly and annual risky levels at 540.51 and 540.37. VE Morning Briefing If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

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