Weekly 3LB Update for week ending 3/12/10

Weekly 3LB update (week ending 3/12/09)
a new high or low will change the reversal price and the midpoint


SPX

trend=no
direction=up (2 bars)
high= 1149.99
rev= 1066.19; mid= 1108.09

monthly info -no change
rev=1020.62; mid= 1067.86



Dow Jones
new high 10624.69
trend=no
direction=up (2 bars)
high= 10624.69
rev= 10012.23; mid= 10318.46

monthly info -no change
rev= 9712.28; mid= 10070.17



Nasdaq Comp
new high 2367.66
trend=no
direction=up (2 bars)
high= 2367.66
rev= 2141.12; mid= 2254.39

monthly info -no change
rev= 2009.06; mid= 2139.11



DXY
no change
trend=up
high= 80.64
rev= 78.28; mid= 79.46


monthly info new high 80.39
rev= 74.88; mid= 77.64



Gold
no change (still trading above mid...barely)
trend=down
low= 1052.20
rev= 1146.80; mid= 1099.50


monthly info -no change
rev= 978.80; mid= 1079.95



VIX
no change
trend=no
direction=down (1 bar)
low= 17.42
rev= 27.31; mid= 22.37

monthly info new low 19.50
rev= 25.61; mid= 22.56



WTI Crude Oil
no change (now trading above mid)
trend=no
direction=down (2 bars)
low= 71.19
rev= 82.75; mid= 76.97

monthly info new high 79.65
rev= 77.00; mid= 78.33



Sugar #11
new low 19.67
trend=down
low= 19.67
rev= 26.17; mid= 22.92


monthly info -no change
rev=18.61; mid= 21.88



30 Year Bond
no change
trend=up
high= 47.02
rev= 43.92; mid= 45.47


monthly info -no change
rev=26.91; mid= 36.66



Silver (SLV)
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 14.90
rev= 18.22 ; mid= 16.56

monthly info -no change
rev= 9.58; mid= 13.87


EURUSD
no change (now trading above mid)
trend=down
low= 1.3595
rev= 1.3865; mid= 1.3730

10 Year
no change (still trading above mid)
trend=no
direction=down (2 bars)
low= 32.12
rev= 38.62; mid= 35.37

BAC
new high 16.85
trend=up
high= 16.85
rev= 14.45; mid= 15.60

AXP
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 37.66
rev= 42.39; mid= 40.03

AMZN
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 117.39
rev= 138.47; mid= 127.93

M
new high 21.75
trend=no
direction=up (2 bars)
high= 21.75
rev= 15.57; mid= 18.66

XLF
WEEKLY REVERSAL
trend=no
direction=up (1 bar)
high=15.54
rev= 13.94; mid=14.74

BKX
new high 50.46
trend=no
direction=up (2 bars)
high= 50.46
rev= 42.23, mid= 46.35

Powershares USD Bull (UUP)
no change
trend=up
high=23.72
rev=23.08; mid=23.40

Goldman Sachs
new high 174.96
trend=no
direction=up (2 bars)
high=174.96
rev= 148.72; mid= 161.84

TLT
no change
trend=no
direction=down (2 bars)
low=89.29
rev= 99.01; mid= 94.15

Apple Computer
new high 226.60
trend=no
direction=up (2 bars)
high=226.60
rev= 192.06; mid= 209.33



MSCI Emerging Markets
new high 1001.80
trend=no
direction=up (2 bars)
high=1001.80
rev= 898.60; mid=950.20



NIKKEI
no change (now trading above mid)
trend=no
direction=down (2 bars)
low=10057.09
rev= 10982.10; mid= 10519.60



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



SHANGHAI A "Composite"
no change (now trading below mid)
trend=down
low=3082.35
rev= 3223.94; mid= 3152.21



Shanghai B Shares
no change
trend=up
high= 262.81
rev= 198.11; mid= 230.46


monthly info new high 254.06
trend=up
rev= 218.61; mid= 236.34



KOSPI
no change (now trading above mid)
trend=no
direction=down (2 bars)
low= 1567.12
rev= 1701.80; mid= 1634.46

S&P with Fibonacci Extensions & Retracements

Also if using the low of 666.79 the next level is 1176.22 which is the 76.4% level.