Weekly 3LB Update for week ending 5/7/10

SPX
WEEKLY REVERSAL new low 1110.88
trend=no
direction=down (1 bar)
low= 1110.88
rev= 1217.28; mid= 1164.08

monthly info new high 1186.69
trend=up
high= 1186.69
rev=1095.63; mid= 1141.16



Dow Jones
WEEKLY REVERSAL new low 10380.43
trend=no
direction=down (1 bar)
low= 10380.43
rev= 11204.28; mid= 10792.36

monthly info new high 11008.61
trend=up
high= 11008.61
rev= 10344.84; mid= 10676.73



Nasdaq Comp
WEEKLY REVERSAL new low 2265.64
trend=no
direction=down (1 bar)
low= 2265.64
rev= 2530.15; mid= 2397.90

monthly info new high 2461.19
trend=up
high= 2461.19
rev= 2144.60; mid= 2302.90



DXY
new high 84.45
trend=up
high= 84.45
rev= 80.72; mid= 82.59


monthly info new high 81.87
trend=up
high= 81.87
rev= 79.46; mid= 80.67



Gold
new high 1210.40
trend=up
high= 1210.40
rev= 1083.00; mid= 1146.70


monthly info -no change
trend=up
high= 1181.10
rev= 978.80; mid= 1079.95



VIX
new high 40.95
trend=up
high= 40.95
rev= 16.97; mid= 28.96


monthly info -no change
trend=down
low= 17.59
rev= 24.51; mid= 21.05



WTI Crude Oil
WEEKLY REVERSAL new low 75.11
trend=no
direction=down (1 bar)
low= 75.11
rev= 86.15; mid= 80.63

monthly info new high 86.15
trend=up
high= 86.15
rev= 79.36; mid= 82.76



Sugar #11
new low 13.75
trend=down
low= 13.75
rev= 15.95; mid= 14.85


monthly info new low 15.05
trend=no; direction=down (2 bars)
low= 15.05
rev=29.90; mid= 22.48



30 Year Yield
new low 42.80
trend=down
low= 42.80
rev= 46.71; mid= 44.76


monthly info new high 47.15
trend=up; direction=up (2 bars)
high= 47.15
rev=26.91; mid= 37.03



10 Year Yield
-no change (trading below mid)
trend=no
direction=up (1 bar)
high= 38.88
rev= 32.12; mid= 35.50

monthly info -no change
trend=no; direction=up (1 bar)
high= 38.43
rev=22.44; mid=30.44



Silver (SLV)
-no change
trend=no
direction=up (1 bar)
high= 18.26
rev= 14.90; mid= 16.58

monthly info new high 18.26
trend=no; direction=up (2 bars)
high= 18.26
rev= 9.58; mid= 13.92


EURUSD
new low 1.2740
trend=down
low= 1.2740
rev= 1.3400; mid= 1.3070

BIDU
-no change (trading below mid)
trend=up
high= 688.96
rev= 625.47; mid= 657.22

BAC
WEEKLY REVERSAL new low 16.18
trend=no
direction=down (1 bar)
low= 16.18
rev= 18.59; mid= 17.39

AXP
-no change (trading below mid)
trend=up
high= 48.04
rev= 38.59; mid= 43.32

AMZN
-no change (trading below mid)
trend=up
high= 143.63
rev= 121.43; mid= 132.53

M
-no change (trading below mid)
trend=up
high= 24.79
rev= 21.75; mid= 23.27

XLF
WEEKLY REVERSAL new low 15.09
trend=no
direction=down (1 bar)
low=15.09
rev= 16.78; mid=15.94

BKX
WEEKLY REVERSAL new low 51.70
trend=no
direction=down (1 bar)
low= 51.70
rev= 57.95; mid= 54.83

Powershares USD Bull (UUP)
new high 24.70
trend=up
high=24.70
rev=23.65; mid=24.18

Goldman Sachs
new low 142.99
trend=down
low=142.99
rev= 160.70; mid= 151.85

TLT
-no change (trading above mid)
trend=down
low=88.95
rev= 97.98; mid= 93.47

Apple Computer
WEEKLY REVERSAL new low 235.86
trend=no
direction=down (1 bar)
low=235.86
rev= 270.83; mid= 253.35



MSCI Emerging Markets
WEEKLY REVERSAL new low 909.50
trend=no
direction=down (1 bar)
low= 909.50
rev= 1053.20; mid= 981.35

monthly info -no change
trend=up
high= 1010.80
rev= 919.50; mid= 965.15


NIKKEI
-no change (trading below mid)
trend=no
direction=up (2 bars)
high=11286.09
rev= 10057.09; mid= 10671.59

monthly info -no change
trend=no; direction=up (2 bars)
high= 11089.94
rev=9345.55; mid= 10217.75


HANG SENG
-no change (trading below mid)
trend=no
direction=down (2 bars)
low=19665.08
rev= 22589.73; mid= 21127.41

monthly info -no change
trend=no; direction=down (1 bar)
low= 20121.99
rev=21872.50; mid= 20997.30


SHANGHAI A "Composite"
new low 2818.86
trend=down
low=2818.86
rev= 3143.75; mid= 2976.81


monthly info -no change
trend=no; direction=up (2 bars)
high= 3581.86
rev=1816.31; mid= 2699.09


Shanghai B Shares
new low 223.03
trend=no; direction=down (2 bars)
low= 223.03
rev= 266.69; mid= 244.86


monthly info MONTHLY REVERSAL new low 247.29
trend=no; direction=down (1 bar)
low= 247.29
rev= 258.58; mid= 252.94



KOSPI
WEEKLY REVERSAL new low 1647.50
trend=no
direction=down (1 bar)
low= 1647.50
rev= 1741.56; mid= 1694.53


monthly info new high 1741.56
trend=up
high= 1741.56
rev=1673.14; mid= 1707.35



Athens
new low 1630.47
trend=down
low= 1630.47
rev= 2115.65; mid= 1873.06


monthly info new low 1869.99
trend=down
low= 1869.99
rev= 2196.16; mid= 2033.08