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New All-Time Of Multiyear Highs Set On S&P, Nasdaq And Utilities.

|Includes:DIA, GLD, QQQ, SPY, iShares 20+ Year Treasury Bond ETF (TLT), XLE

The potential end of quarter "melt-up" remains in play with monthly risky levels at 17471 Dow Industrials, 2020.7 S&P 500, 4532 Nasdaq, 8463 Dow Transports and 1213.68 Russell 2000.

New all-time or multiyear highs were set on Thursday at 1959.87 on the S&P 500, 4372.18 Nasdaq, 3811.24 on the Nasdaq 100, and still the biggest surprise 570.12 on Dow Utilities.

The five-week modified moving averages are 16616 Dow Industrials, 1903.5 S&P 500, 4211 Nasdaq, 7901 Dow Transports and 1141.68 Russell 2000 with all-time highs or multiyear highs at 16970.17 Dow Industrials on June 9, 1959.87 S&P 500 on June 19, 4372.18 Nasdaq on June 19, 8256.79 Dow Transports on June 9, and 1212.82 Russell 2000 on March 4.

Regardless of the upside potential, there is risk to annual value levels in the second half of 2014 at 14835 and 13467 Dow Industrials, 1539.1 and 1442.1 S&P 500, 3471 and 3063 Nasdaq, 6249 and 5935 Dow Transports and 966.72 and 879.39 Russell 2000.

Dow Industrials: (16921) Quarterly, semiannual and annual value levels are 16462, 16245, 14835 and 13467 with daily, semiannual and weekly pivots at 16754, 16860 and 16869, the June 9 all-time intraday high at 16970.17 and monthly risky level at 17471.

S&P 500 - (1959.5) Daily, quarterly, semiannual and annual value levels are 1941.3, 1853.5, 1797.3, 1764.4, 1539.1 and 1442.1 with a weekly pivot at 1945.5, the June 19 all-time intraday high at 1959.87 and monthly risky level at 2020.7.

NASDAQ - (4359) Daily, weekly, quarterly, semiannual and annual value levels are 4334, 4290, 4039, 3930, 3920, 3471 and 3063 with the June 19 multiyear intraday high at 4372.18 and monthly risky level at 4532.

NASDAQ 100 (NDX) - (3801) Daily, semiannual, quarterly and annual value levels are 3783, 3456, 3424, 3078 and 2669 with a weekly pivot at 3804, the June 19 multiyear intraday high at 3811.24, and monthly risky level at 3966.

Dow Transports - (8188) Daily, quarterly, semiannual, and annual value levels are 8008, 7407, 7376, 7245, 6249 and 5935 with a weekly risky level at 8196, the June 9 all-time intraday high at 8256.79 and monthly risky level at 8463.

Russell 2000 - (1184.03) Weekly, semiannual and annual value levels are 1131.70, 1133.29, 1130.79, 966.72 and 879.39 with quarterly and daily pivots at 1169.22 and 1169.94, the March 4 all-time intraday high at 1212.82 and monthly risky level at 1213.68.

The SOX - (633.98) Semiannual, quarterly and annual value levels are 548.36, 507.19, 490.52, 371.58 and 337.74 with weekly and monthly pivots at 613.01 and 621.90, the June 17 multiyear intraday high at 636.59 and daily risky level at 639.37.

Dow Utilities: (569.84) Quarterly, semiannual and annual value levels are 528.10, 524.37, 504.74 and 497.53, with daily and weekly pivots 559.53 and 543.04, a monthly pivot at 557.32 and the June 19 all-time intraday high at 570.12.

10-Year Note - (2.631) A monthly value level is 2.708 with a daily pivot at 2.625 and weekly, quarterly, annual and semiannual risky levels at 2.438, 2.333, 2.263, 1.837 and 1.779.

30-Year Bond - (3.476) A monthly value level is 3.492 with daily, quarterly, weekly, annual and semiannual risky levels at 3.429, 3.305, 3.287, 3.114, 3.107 and 2.624.

Comex Gold - ($1317.90) Daily, weekly, quarterly and monthly value levels are $1307.6, $1268.5, $1215.7 and $1209.6 with a semiannual pivot at $1710.7 and annual and semiannual risky levels at $1747.4, $1818.8 and $1857.1.

Nymex Crude Oil - ($106.13) Weekly, monthly and quarterly value levels are $101.25, $96.59 and $89.40 with a semiannual pivot at $104.97 and daily and annual risky levels at $107.64 and $107.52.

The Euro - (1.3604) Daily, annual, quarterly and semiannual value levels are 1.3537, 1.3382, 1.3185 and 1.2642 with a weekly pivot at 1.3550 and monthly and annual risky levels at 1.3833 and 1.5512.

The Dollar versus Japanese Yen - (101.94) My annual value level is 93.38 with daily and weekly pivots at 101.44 and 101.57 and monthly and quarterly risky levels at 105.97 and 105.66.

The British Pound - (1.7035) Annual and quarterly value levels are 1.6262 and 1.6123 with weekly and monthly pivots at .6916 and 1.6970 with a daily risky level at 1.7068.

To learn more about ValuEngine check out www.ValuEngine.com. Any comments or questions contact me at RSuttmeier@gmail.com.

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: TLT, GLD, XLE, DIA, QQQ, SPY