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The Nasdaq Is Above My Monthly Pivot At 3663 Following New Highs.

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

10-Year Note - (2.714) Daily, weekly and semiannual value levels are 2.726, 2.788 and 3.227 with monthly, annual, monthly, annual and semiannual risky levels at 2.601, 2.476, 2.284, 1.981 and 1.719.

Comex Gold - ($1310.8) Monthly and weekly value levels are $1229.7 and $1227.7 with daily, annual, quarterly and annual risky levels at $1318.0, $1599.9, $1603.0 and $1852.1.

Nymex Crude Oil - ($107.74) Daily, monthly and quarterly value levels are $104.72, $104.48 and $91.75 with weekly, semiannual and annual risky levels at $110.87, $109.84 and $115.23.

The Euro - (1.3204) Semiannual and quarterly value levels are 1.2477 and 1.1545 with weekly and annual pivots at 1.3259 and 1.3257, and daily, monthly and annual risky levels at 1.3306, 1.3313 and 1.4295.

Holding my monthly pivot at 3663 on the Nasdaq targets monthly risky levels at 16,188 Dow Industrials, 1742.5 S&P 500, 7087 Dow Transports and 1092.24 Russell 2000. Semiannual risky levels are 16,490 Dow Industrials, 1743.5 S&P 500, 3759 Nasdaq, 7104 Dow Transports and 1089.42 Russell 2000. My quarterly value levels are 14,288 Dow Industrials, 1525.6 S&P 500, 3284 Nasdaq, 5348 Dow Transports and 863.05 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. For the Dow the upside is 5.5% and the downside risk is 18.8%.

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Daily Dow:(15,628) Daily, weekly, quarterly and annual value levels are 15,571, 15,393, 14,288 and 12,696 with the August 1 all time high at 15,650.69, and monthly and semiannual risky levels at 16,188 and 16,490.

S&P 500 - (1706.9) Daily, weekly, quarterly and annual value levels are 1689.1, 1670.7, 1525.6 and 1348.3 with the August 1 all time high at 1707.85, and monthly and semiannual risky levels at 1742.5 and 1743.5.

NASDAQ - (3676) Daily, weekly, quarterly and annual value levels are 3638, 3554, 3284 and 2806 with a monthly pivot at 3663, the August 1 multi-year high at 3678.50, and semiannual risky level at 3759.

NASDAQ 100 (NDX) - (3126) Daily, monthly, weekly, quarterly and annual value levels are 3102, 3080, 3010, 2983 and 2463 with the August 1 multi-year high at 3128.67, and semiannual risky level at 3304.

Dow Transports - (6670) Daily, weekly, annual and quarterly value levels are 6421, 6420, 6346, 5925, 5469 and 5348 with the August 1 all time high at 6686.86, and monthly and semiannual risky levels at 7087 / 7104.

Russell 2000 - (1059.88) Daily, weekly, quarterly / annual value levels are 1046.13, 1037.98, 863.05, 860.25 / 809.54 with the August 1 all time high at 1060.96, and monthly / semiannual risky levels at 1092.24 / 1089.42.

The SOX- (486.60) Weekly, daily, quarterly and annual value levels are 479.02, 471.58, 468.27, 404.59 and 338.03 with monthly and semiannual risky levels at 513.89 and 533.56.

Dow Utilities:(509.06) Daily and weekly value levels are 504.39 and 500.04 with quarterly, semiannual, monthly and annual risky levels at 510.38, 523.33, 530.15 and 540.37.

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