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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,
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August 29, 2014 A day w i t hout new hi ghs as August c omes t o an end.

Todays closes will provide new value levels for the five major averages. The Nasdaq ended Thursday
below its quarterly pivot at 4569 and Dow Transports is between its quarterly and semiannual pivots at
8256 and 8447. The Russell 2000 is above its semiannual pivot at 1139.81.

The five major equity averages are above their five-week modified moving averages project at 16851
Dow Industrials, 1964.01 S&P 500, 4447 Nasdaq, 8272 Dow Transports and 111152.27 Russell 2000.

All-time or multiyear intraday highs are 17153.80 (Aug. 26) Dow Industrials, 2005.04 (Aug. 26) S&P
500, 4575.81 (Aug. 27) Nasdaq, 8515.04 (J uly 23) Transports, and 1213.55 (J uly 1) 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 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: (17080) Weekly, monthly, semiannual and annual value levels are 16878, 16871,
16310, 14835 and 13467 with the August 26 all-time intraday high at 17153.80 and daily, quarterly and
semiannual risky levels at 17251, 17753 and 18552.
S&P 500 (1996.7) Weekly, monthly, semiannual and annual value levels are 1972.0, 1970.2, 1789.3,
1539.1 and 1442.1 with the August 26 all-time intraday high at 2005.04, and daily, quarterly and
semiannual risky levels at 2015.0, 2052.3 and 2080.3.
NASDAQ (4558) Weekly, monthly, semiannual and annual value levels are 4502, 4450, 3972, 3471
and 3063 with a quarterly pivot at 4569, the August 27 multiyear intraday high at 4575.81 and daily
and semiannual risky levels at 4589 and 4642.

NASDAQ 100 (NDX) (4066) Monthly, quarterly, semiannual and annual value levels are 3925, 3894,
3078 and 2669 with the August 25 multiyear intraday high at 4079.52, a weekly pivot at 4065, and
daily and semiannual risky levels at 4096 and 4105.

Dow Transports (8405) Monthly, quarterly, semiannual and annual value levels are 8292, 8256,
7423, 6249 and 5935 with weekly and semiannual pivots at 8425 and 8447, a daily risky level at 8450,
and the J uly 23 all-time intraday high at 8515.04.
Russell 2000 (1165.95) Weekly and annual value levels are 1115.60, 966.72 and 879.39 with
semiannual and monthly pivots at 1139.81 and 1156.01, a daily risky level at 1171.69, 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 (640.49) Weekly, quarterly, semiannual and annual value levels are 631.74, 626.96,

608.02, 512.94, 371.58 and 337.74 with a daily risky level at 648.37, the J uly 16 multiyear intraday
high 652.28 and monthly risky level at 654.50.

Dow Utilities: (560.11) Annual, weekly, quarterly, semiannual and annual value levels are 548.70,
533.19, 536.44, 523.72 and 497.53, with a daily risky level at 565.34, J une 30 all-time intraday high at
576.98 and monthly and semiannual risky levels at 579.73 and 612.49.
10-Year Note (2.338) Daily, monthly, quarterly value levels are 2.381, 2.545 and 3.048 with annual
and semiannual risky levels at 2.263, 1.999 and 1.779.
30-Year Bond (3.076) Annual and quarterly value levels are 3.283 and 3.971 with daily, annual and
semiannual pivots at 3.100, 3.107 and 3.082 and semiannual risky level at 2.487.
Comex Gold ($1290.4) Daily and quarterly value levels are $1272.2 and $1234.6 with semiannual
and annual risky levels at $1613.0, $1738.7, $1747.4 and $1818.8.
Nymex Crude Oil ($94.64) Weekly and daily value level are $91.82 and $91.12 with semiannual,
annual, monthly and quarterly risky levels at $106.48, $107.52 and $107.70.
The Euro (1.3182) Daily and semiannual value levels are 1.3090 and 1.2203 with weekly and
annual pivots at 1.3214 and 1.3382 and monthly and quarterly risky levels at 1.3703 and 1.4079.

The Dollar versus Japanese Yen (103.70) An annual value level is 93.38 with daily and quarterly
risky levels at 104.94 and 112.83.

The British Pound (1.6587) Daily and annual value levels are 1.6436 and 1.6262 with weekly,
quarterly, monthly and semiannual risky levels at 1.6683, 1.6874, 1.7177 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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