10-Year Note - (2.822) Daily and semiannual value levels are 2.913 and 3.227 with weekly, monthly, annual, and semiannual risky levels at 2.745, 2.601, 2.476, 1.981 and 1.719.
Comex Gold - ($1370.9) Weekly, monthly and weekly value levels are $1312.5, $1229.7 and $1184.8 with daily, annual, quarterly and annual risky levels at $1388.5, $1599.9, $1603.0 and $1852.1.
Nymex Crude Oil - ($105.01) Monthly and quarterly value levels are $104.48 and $91.75 with daily, semiannual, annual and weekly risky levels at $109.03, $109.20, $115.23 and $116.58.
The Euro - (1.3420) Monthly, annual, weekly, semiannual and quarterly value levels are 1.3313, 1.3257, 1.3234, 1.2477 and 1.1545 with my annual risky level at 1.4295.
Weekly closes below the five-week MMAs are 15,306 Dow Industrials, 1666.8 S&P 500, 3573 Nasdaq, 6426 Dow Transports and 1026.03 Russell 2000 with the 12x3x3 weekly slow stochastic readings declining below 80.00 across all five major averages will confirm the early August highs as cycle highs. The Nasdaq and Russell 2000 are above their five-week MMAs. The downside is to quarterly and annual value levels at 14,288 / 12,696 Dow Industrials, 1525.6 / 1348.3 S&P 500, 3284 / 2806 Nasdaq, 5348 / 5469 Dow Transports, and 863.05 / 809.54 Russell 2000. My semiannual risky levels are 16,490 Dow Industrials, 1743.5 S&P 500, 3759 Nasdaq, 7104 Dow Transports and 1089.42 Russell 2000.
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Daily Dow:(15,003) Quarterly and annual value levels are 14,288 and 12,696 with a daily pivot at 14,912, the August 2 all time high at 15,658.43, and weekly, monthly / semiannual risky levels at 15,836, 16,188 / 16,490.
S&P 500 - (1652.4) Daily, quarterly and annual value levels are 1642.2, 1525.6 and 1348.3 with the August 2 all time high at 1709.67, and monthly and semiannual risky levels at 1742.5 and 1743.5.
NASDAQ - (3614) Quarterly and annual value levels are 3284 and 2806 with daily and monthly pivots at 3600 and 3663, the August 5 multi-year high at 3694.18, and semiannual risky level at 3759.
NASDAQ 100 (NDX) - (3082) Quarterly / annual value levels are 2983 / 2463 with daily / monthly pivots at 3070 / 3080, August 13 multi-year high at 3149.24, and weekly / semiannual risky levels at 3229, 3251 / 3304.
Dow Transports - (6386) Daily, annual and quarterly value levels are 6387, 5925, 5469 and 5348 with the August 1 all time high at 6686.86, and weekly, monthly and semiannual risky levels at 6743, 7087 and 7104.
Russell 2000 - (1028.57) Daily, quarterly and annual value levels are 1022.57, 863.05, 860.25 and 809.54 with the August 5 all time high at 1063.52, and monthly and semiannual risky levels at 1092.24 and 1089.42.
The SOX- (461.83) Quarterly and annual value levels are 404.59 and 338.03 with a daily pivot at 459.48, and weekly, monthly and semiannual risky levels at 488.82, 513.89 and 533.56.
Dow Utilities:(481.14) A daily value level is 472.37 with a semiannual pivot at 481.92 with weekly, quarterly, semiannual, monthly and annual risky levels at 516.31, 510.38, 523.33, 530.15 and 540.37.
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