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Transports And Russell 2000 May Close Below Their 5-Week MMAs.

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

10-Year Note - (1.763) Weekly, annual, monthly and semiannual value levels are 1.861, 1.981, 2.035, 2.476 and 3.063 with a daily pivot at 1.764 and my semiannual risky level at 1.413.

Comex Gold - ($1553.7) My weekly value level is $1531.8 with a daily pivot at $1558.1 and annual, semiannual, monthly, quarterly and annual risky levels at $1599.9, $1719.2, $1723.4, $1808.3 and $1852.1.

Nymex Crude Oil - ($93.35) Weekly and quarterly value levels are $91.20 and $79.66 with daily, monthly and annual risky levels at $97.12, $98.93 and $115.23.

The Euro - (1.2933) Semiannual, daily, weekly and quarterly value levels are 1.2797, 1.2708, 1.2489 and 1.2169 with annual and monthly risky levels at 1.3257 and 1.3668.

The major equity averages still have extremely overbought weekly momentum, buy Dow Transports and Russell 2000 could end the week below their five-week modified moving averages at 6042 and 928.22 respectively. Semiannual value levels are 14,323 Dow Industrials and 5955 on Dow Transports with a semiannual pivot at 1566.9 S&P 500, and semiannual risky levels at 3583 NASDAQ and 965.51 Russell 2000. Monthly and quarterly value levels are 14,286 and 13,755 Dow Industrials, 1448.7 S&P 500, 3106 NASDAQ, 5960 and 5324 Dow Transports and 807.82 Russell 2000 with a monthly pivot at 1565.8 S&P 500, and monthly risky levels at 3289 NASDAQ and 958.79 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.

Daily Dow:(14,606) Semiannual, monthly, quarterly and annual value levels are 14,323, 14,286, 13,755 and 12,696 with daily and weekly pivots at 14,623 and 14,579. The all time intra-day high at 14,684.49 and all time closing high at 14,662.01 were set on April 2, 2013.

S&P 500 - (1560.0) Quarterly and annual value levels are 1448.7 and 1348.3 with daily, monthly, semiannual and weekly pivots at 1.566.1, 1565.8, 1566.9 and 1571.0, and the October 2007 high at 1576.09.

NASDAQ - (3225) Quarterly and annual value levels are 3106 and 2806 with daily, weekly, monthly and semiannual risky levels at 3238, 3263, 3289 and 3583.

NASDAQ 100 (NDX) - (2795) My annual value level is 2463 with daily, weekly and quarterly pivots at 2805, 2806 and 2819 and monthly risky level at 2839.

Dow Transports - (6010) Annual and quarterly value levels are 5925, 5469 and 5324 with monthly and semiannual pivots at 5960 and 5955, and daily and weekly risky levels at 6052 and 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 - (925.66) Annual and quarterly value levels are 860.25, 809.54 and 807.82 with daily, weekly, monthly and annual risky levels at 929.41, 958.15, 958.79 and 965.51.

The SOX- (421.14) Quarterly and annual value levels are 357.61 and 338.03 with a monthly pivot at 419.96, and daily and weekly risky levels at 423.82 and 440.83.

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