Friday, June 25, 2010

Weekly 3LB Update for week ending 6/25/10

Weekly 3LB update (week ending 6/25/10)
a new high or low will change the reversal price and the midpoint


SPX
-no change
trend=down
low= 1064.88
rev= 1194.37; mid= 1129.63


monthly info MONTHLY REVERSAL new low 1089.41
trend=no
direction=down (1 bar)
low= 1089.41
rev=1186.69; mid= 1138.05




Dow Jones
-no change (below mid)
trend=no
direction=up (1 bar)
high= 10450.64
rev= 9931.97; mid= 10191.31

monthly info MONTHLY REVERSAL new low 10136.63
trend=no
direction=down (1 bar)
low= 10136.63
rev= 11008.61; mid= 10572.62




Nasdaq Composite
-no change (tested low)
trend=down
low= 2219.17
rev= 2481.26; mid= 2350.22


monthly info -no change
trend=up
high= 2461.19
rev= 2144.60; mid= 2302.90




DXY
-no change (below mid)
trend=up
high= 88.23
rev= 84.45; mid= 86.37


monthly info new high 86.48
trend=up
high= 86.48
rev= 80.36; mid= 83.42




Gold
-no change
trend=up
high= 1258.30
rev= 1210.40; mid= 1234.35


monthly info new high 1212.20
trend=up
high= 1212.20
rev= 1008.00; mid= 1110.10




VIX
-no change (below mid)
trend=up
high= 40.95
rev= 16.97; mid= 28.96


monthly info MONTHLY REVERSAL new high 32.07
trend=no
direction=up (1 bar)
high= 32.07
rev= 17.59; mid= 24.83




WTI Crude Oil
-no change
trend=down
low= 70.04
rev= 85.12; mid= 77.58


monthly info MONTHLY REVERSAL new low 74.09
trend=no
direction=down (1 bar)
low= 74.09
rev= 86.15; mid= 80.12




Sugar #11
WEEKLY REVERSAL new high 17.29
trend=no
direction=up (1 bar)
high= 17.29
rev= 13.75; mid= 15.52

monthly info new low 14.19
trend=down
low= 14.19
rev=26.95; mid= 20.57




30 Year Yield
-no change (tested low)
trend=down
low= 40.65
rev= 46.68; mid= 43.67


monthly info -no change
trend=up; direction=up (2 bars)
high= 47.15
rev=26.91; mid= 37.03




10 Year Yield
new low 31.13
trend=down
low= 31.13
rev= 32.21; mid= 31.67


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 (2 bars)
high= 18.93
rev= 14.90; mid= 16.92

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




EURUSD
-no change (above mid)
trend=down
low= 1.1966
rev= 1.2740; mid= 1.2353


monthly info new low 1.2324
trend=down
low= 1.2324
rev= 1.3621; mid= 1.2973




GS (Goldman Sachs)
-no change
trend=down
low=135.64
rev= 145.20; mid= 140.42


monthly info -no change
trend=no; direction=up (2 bars)
high= 184.35
rev= 78.99; mid= 131.67




LUMBER
new low 188.90
trend=down
low= 188.90
rev= 225.50; mid= 207.20


monthly info MONTHLY REVERSAL new low 194.20
trend=no
direction=down (1 bar)
low= 194.20
rev= 291.50; mid= 242.85



BIDU (Baidu)
new high 76.10
trend=up
high= 76.10
rev= 68.90; mid= 72.50

BAC (Bank of America)
-no change
trend=down
low= 15.35
rev= 16.18; mid= 15.77

AXP (American Express)
-no change
trend=no
direction=down (1 bar)
low= 38.41
rev= 48.05; mid= 43.23

AMZN (Amazon)
WEEKLY REVERSAL new low 121.00
trend=no
direction=down (1 bar)
low= 121.00
rev= 143.63; mid= 132.32

M (Macy's)
new low 19.02
trend=down
low= 19.02
rev= 23.51; mid= 21.27

XLF (SPDR Financial)
-no change (above mid)
trend=down
low=14.15
rev= 15.09; mid=14.62
*also had a Monthly Reversal (down)

BKX (KBW Bank Index)
-no change (below mid)
trend=down
low= 47.63
rev= 51.70; mid= 49.67

Powershares USD Bull (UUP)
-no change (below mid)
trend=up
high=25.77
rev=24.70; mid=25.24

TLT (iShares Barclays 20+ Year Treas Bond)
new high 99.05
trend=no
direction=up (2 bars)
high= 99.05
rev= 88.95; mid= 94.00

AAPL (Apple Computer)
-no change
trend=no
direction=up (1 bar)
high= 274.07
rev= 235.86; mid= 254.97



MSCI Emerging Markets
-no change
trend=no
direction=down (2 bars)
low= 889.50
rev= 1053.20; mid= 971.35


monthly info MONTHLY REVERSAL new low 910.80
trend=no
direction=down (1 bar)
low= 910.80
rev= 1010.80; mid= 960.80




NIKKEI
-no change
trend=down
low= 9705.25
rev= 10996.37; mid= 10350.81


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




HANG SENG
-no change
trend=down
low= 19545.83
rev= 21929.90; mid= 20737.87


monthly info MONTHLY CONFIRMATION new low 19766.71
trend=no; direction=down (2 bars)
low= 19766.71
rev=21872.50; mid= 20819.61




SHANGHAI A "Composite"
-no change
trend=down
low= 2634.88
rev= 2818.86; mid= 2726.87


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




Shanghai B Shares
-no change
trend=down
low= 205.39
rev= 263.45; mid= 234.42


monthly info MONTHLY CONFIRMATION new low 212.30
trend=no; direction=down (2 bars)
low= 212.30
rev= 258.58; mid= 235.44




KOSPI
-no change (above mid)
trend=no
direction=down (2 bars)
low= 1600.18
rev= 1741.56; mid= 1670.87


monthly info MONTHLY REVERSAL new low 1741.56
trend=no
direction=down (1 bar)
low= 1622.78
rev=1741.56; mid= 1682.17




Athens
new low 1460.46
trend=down
low= 1460.46
rev= 1570.22; mid= 1515.34


monthly info new low 1570.22
trend=down
low= 1570.22
rev= 2048.32; mid= 1809.27