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Richard Suttmeier is the Chief Market Strategist at www.ValuEngine.com.

ValuEngine is a fundamentally-based quant research firm in Melbourne, FL. ValuEngine


covers over 8,000 stocks every day.

A variety of newsletters and portfolios containing Suttmeier's detailed research, stock picks,
and commentary can be found http://www.valuengine.com/nl/mainnl

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Sept ember 3, 2014 Sept ember begi ns w i t h new hi ghs f or t he S& P, Nasdaq & Tr anspor t s

All five major equity averages are above their five-week modified moving averages at 16857 Dow
Industrials, 1965.7 S&P 500, 4450 Nasdaq, 8275 Dow Transports and 1153.65 Russell 2000.
The all-time or multiyear intraday highs are 17153.80 (Aug 26) Dow Industrials, 2006.12 (Sept. 2) S&P
500, 4598.64 (Sept 2) Nasdaq, 8519.64 (Sept. 2) Dow Transports, and 1213.55 (J uly 1) Russell 2000).
New weekly and monthly value levels are 16690 and 16615 Dow Industrials, 1978.2 and 1954.8 S&P
500, 4469 and 4444 Nasdaq, 8326 and 8410 Dow Transports and 1149.70 and 1092.55 on the Russell
2000.

Semiannual and annual value levels remain at 16301, 14835 and 13437 Dow Industrials, 1789.3,
1539.1 and 1442.1 S&P 500, 3972, 3471 and 3063 Nasdaq, 7423, 6249 and 5935 Dow Transports
and 1139.81, 966.72 and 879.39 Russell 2000.

Quarterly and semiannual risky levels remain at 17753 and 18522 Dow Industrials, 2052.3 and 2080.3
S&P 500, 4642 Nasdaq and 1293.11 and 1285.37 on the Russell 2000.

Dow Industrials: (17068) Weekly, monthly, semiannual and annual value levels are 16690, 16615,
16310, 14835 and 13467 with the August 26 all-time intraday high at 17153.80 and daily, quarterly and
semiannual risky levels at 17167, 17753 and 18552.
S&P 500 (2002.3) Monthly, weekly, semiannual and annual value levels are 1978.2, 1954.8, 1789.3,
1539.1 and 1442.1 with the Sept. 2 all-time intraday high at 2006.12, and daily, quarterly and
semiannual risky levels at 2009.8, 2052.3 and 2080.3.
NASDAQ (4598) Monthly, weekly, semiannual and annual value levels are 4469, 4444, 3972, 3471
and 3063 with a quarterly pivot at 4569, the Sept.2 multiyear intraday high at 4598.64 and daily and
semiannual risky levels at 4607 and 4642.

NASDAQ 100 (NDX) (4096) Weekly, monthly, quarterly, semiannual and annual value levels are
4029, 3972, 3894, 3515, 3078 and 2669 with the Sept. 2 multiyear intraday high at 4095.87 and daily
and semiannual risky levels at 4104 and 4105.

Dow Transports (8516) Weekly, quarterly, semiannual and annual value levels are 8326, 8256,
7423, 6249 and 5935 with monthly, daily and semiannual pivots at 8410, 8430 and 8447, the Sept.2
all-time intraday high at 8519.64.
Russell 2000 (1179.47) Monthly, semiannual, weekly and annual value levels are 1149.70, 1139.81,
1092.55, 966.72 and 879.39 with a daily risky level at 1183.09, the J uly 1 all-time intraday high at
1213.55 and semiannual and quarterly risky levels at 1285.37 and 1293.11.

The SOX (642.53) Quarterly, weekly, semiannual and annual value levels are 626.96, 610.51,
608.02, 512.94, 371.58 and 337.74 with a daily pivot at 644.05, the J uly 16 multiyear intraday high
652.28 and monthly risky level at 662.59.

Dow Utilities: (559.27) Weekly, annual, quarterly, semiannual and annual value levels are 554.90,
548.70, 536.44, 523.72 and 497.53, with a daily pivot at 560.26, J une 30 all-time intraday high at
576.98 and monthly and semiannual risky levels at 598.26 and 612.49.
10-Year Note (2.425) A quarterly value level is 3.048 with daily, annual, weekly, monthly and
semiannual risky levels at 2.346, 2.263, 2.205, 2.071, 1.999 and 1.779.
30-Year Bond (3.176) Annual and quarterly value levels are 3.283 and 3.971 with annual,
semiannual and daily pivots at 3.107, 3.082 and 3.062, and weekly, monthly and semiannual risky
levels at 2.934, 2.791 and 2.487.
Comex Gold ($1266.9) A quarterly value level is $1234.6 with weekly and daily pivots at 1287.7 and
$1267.1, and monthly, semiannual and annual risky levels at $1372.2, $1613.0, $1738.7, $1747.4 and
$1818.8.
Nymex Crude Oil ($93.11) A weekly value level is $92.59 with a daily pivot at $94.50 and monthly,
semiannual, annual and quarterly risky levels at $101.21, $106.48, $107.52 and $107.70.
The Euro (1.3130) Daily and semiannual value levels are 1.3106 and 1.2203 with weekly, monthly
and annual pivots at 1.3130, 1.3340 and 1.3382 and quarterly risky level at 1.4079.

The Dollar versus Japanese Yen (105.10) Weekly, monthly and annual value levels are 103.01,
99.92 and 93.38 with a daily pivot at 104.58 and quarterly risky level at 112.83.

The British Pound (1.6470) A annual value level is 1.6262 with daily and weekly pivots at 1.6512
and 1.6455, and quarterly, monthly and semiannual risky levels at 1.6874, 1.6928 and 1.7302.

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

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