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Transports And Russell 2000 Appear Ripe To Lead Markets Lower.

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

10-Year Note - (1.840) Annual, monthly and semiannual value levels are 1.981, 2.035, 2.476 and 3.063 with daily and weekly pivots at 1.878 and 1.861 and semiannual risky level at 1.413.

Comex Gold - ($1599.5) My weekly value level is $1531.8 with my annual pivot at $1599.9, and semiannual, monthly, quarterly and annual risky levels at $1719.2, $1723.4, $1808.3 and $1852.1.

Nymex Crude Oil - ($96.90) Weekly and quarterly value levels are $91.20 and $79.66 with daily, monthly and annual risky levels at $98.43, $98.93 and $115.23.

The Euro - (1.2848) My weekly and quarterly value levels are 1.2489 and 1.2169 with daily and semiannual pivots at 1.2846 and 1.2797 and annual and monthly risky levels at 1.3257 and 1.3668.

Dow Transports and Russell 2000 ended Monday with negative daily chart profiles, as Dow Industrials set another new all time high at 14,605.72. Semiannual levels remain at; 14,323 Dow Industrials, 1566.9 S&P 500, 3583 NASDAQ, 5955 Dow Transports and 965.51 Russell 2000. New monthly and quarterly levels are; 14,286 / 13,755 Dow Industrials, 1565.8 / 1448.7 S&P 500, 3289 and 3106 NASDAQ, 5960 / 5324 Dow Transport and 958.79 / 807.82 Russell 2000. Annual value levels are 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, 5469 Dow Transports and 860.25 / 809.54 Russell 2000. This week's pivots / risky levels are; 14,578 Dow Industrials, 1571.0 S&P 500, 3263 NASDAQ, 6341 Dow Transports and 958.15 Russell 2000.

Daily Dow:(14,573) Semiannual, monthly, quarterly and annual value levels are 14,323, 14,286, 13,755 and 12,696 with daily and weekly pivots at 14,589 and 14,578. At quarter end we have a new closing high at 14,578.54, then a new intraday high at 14,605.72 on April Fools Day.

S&P 500 - (1562.2) Quarter and annual value levels are 1448.7 / 1348.3 with monthly and semiannual pivots at 1565.8 and 1566.9 and daily and weekly risky levels at 1570.2 and 1571.0, and the Oct 2007 high at 1576.09.

NASDAQ - (3239) Quarterly and annual value levels are 3106 and 2806 with daily, weekly, monthly and semiannual risky levels at 3262, 3263, 3289 and 3583.

NASDAQ 100 (NDX) - (2797) My annual value level is 2463 with daily, weekly, quarterly and monthly risky levels at 2813, 2806, 2818 and 2839.

Dow Transports - (6162) Annual and quarterly value levels are 5925, 5469 and 5324 with monthly, semiannual and daily pivots at 5960, 5955 and 6117 and weekly risky level at 6341. The all time intra-day high is 6291.65 on March 19, 2013 and an all time closing high at 6281.24 on March 14, 2013.

Russell 2000 - (938.78) Annual and quarterly value levels are 860.25, 809.54 and 807.82 with daily, weekly, monthly and annual risky levels at 949.85, 958.15, 958.79 and 965.51. Set a new all time intra-day high at 954.00 on March 15, 2013.

The SOX- (427.80) Monthly, quarterly and annual value levels are 419.96, 357.61 and 338.03 with daily and weekly risky levels at 434.46 and 440.83. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

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