Richard Suttmeier is the Chief Market Strategist at www.ValuEngine.com. ValuEngine is a fundamentally-based quant research firm in Newtown, PA.

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http://www.valuengine.com/pub/Unsubscribe? June 6, 2013 My semiannual pivot at 965.51 on the Russell 2000 is a key to hold.
10-Year Note (2.091) Daily, annual and semiannual value levels are 2.195, 2.476 and 3.063 with weekly and monthly pivots at 2.069 and 2.092, and annual and semiannual risky levels at 1.981 and 1.413. Comex Gold ($1402.0) Monthly and weekly value levels are $1379.5 and $1260.6 with a daily pivot at $1401.0, and annual, semiannual, quarterly and annual risky levels at $1599.9, $1719.2, $1808.3 and $1852.1. Nymex Crude Oil ($93.68) My quarterly value level is $79.66 with daily, weekly and monthly pivots at $92.63, $92.84 and $92.32, and annual risky level at $115.23. The Euro (1.3091) Semiannual and quarterly value levels are 1.2797 and 1.2169 with weekly and daily pivots at 1.2999 and 1.3086, and annual and monthly risky levels at 1.3257 and 1.3322. Holding my semiannual pivot at 965.51 on the Russell 2000 is a key to maintaining a bullish outlook. My semiannual value level is 14,323 Dow Industrials with semiannual pivots at 1566.9 S&P 500, 5955 Dow Transports and 965.51 Russell 2000 with my semiannual risky level at 3583 Nasdaq. Monthly value levels are 14,739 Dow Industrials, 1602.8 S&P 500 and 3288 Nasdaq with a monthly pivot at 978.21 Russell 2000. Weekly risky levels are 15,458 Dow Industrials, 1680.7 S&P 500, 3566 Nasdaq, 6499 Dow Transports and 1003.17 Russell 2000. The May 20 / May 22 highs are 15,542.40 Dow Industrials, 1687.18 S&P 500, 3532.04 Nasdaq, 6568.41 Dow Transports and 1008.23 Russell 2000. My annual value levels are; 12.696 Dow Industrials, 1348.3 S&P 500, 2806 Nasdaq, 5469 Dow Transports and 809.54 Russell 2000. Daily Dow: (14.961) Monthly, semiannual, quarterly and annual value levels are 14,739, 14,323, 13,755 and 12,696 with daily and weekly risky levels at 15,107 and 15,458, and the May 22 all time high at 15,542.40. S&P 500 (1608.9) Monthly, semiannual, quarterly and annual value levels are 1602.8, 1566.9, 1448.7 and 1348.3 with daily and weekly risky levels at 1623.4 and 1680.7, and the May 22 all time high at 1687.18. NASDAQ (3401) Monthly, quarterly and annual value levels are 3288, 3106 and 2806 with a daily risky level at 3446, the May 22 multi-year high at 3532.04, and weekly and semiannual risky levels at 3566 and 3583. NASDAQ 100 (NDX) (2937) Quarterly, monthly and annual value levels are 2819, 2784 and 2463 with a daily risky level at 2971, the May 22 multi-year high at 3053.51, and weekly risky level at 3092. Dow Transports (6138) Semiannual, annual and quarterly value levels are 5955, 5925, 5469 and 5324 with a daily pivot at 6143, and weekly risky level at 6499. Russell 2000 (968.16) Semiannual, annual / quarterly value levels are 965.51, 860.25, 809.54 / 807.82 with a monthly pivot at 978.21, and daily / weekly risky levels at 983.72 and 1003.17, and the May 22 high at 1008.23. The SOX (465.29) Monthly, quarterly, and annual value levels are 458.41, 357.61 and 338.03 with daily and weekly risky levels at 474.15 and 485.99, a semiannual risky level is 520.17 and the July 2007 high at 549.39. Dow Utilities: (477.09) My daily value level is 464.84 with a semiannual pivot at 474.63, and a monthly risky level at 491.15. Weekly and quarterly risky levels are 508.96 and 524.16.

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