Weekly 3LB Update for week ending 7/2/10

Weekly 3LB update (week ending 7/2/10)
a new high or low will change the reversal price and the midpoint


SPX
new low 1022.58
trend=down
low= 1022.58
rev= 1110.88; mid= 11066.73


monthly info MONTHLY CONFIRMATION new low 1030.71
trend=no
direction=down (2 bars)
low= 1030.71
rev=1186.69; mid= 1108.70



Dow Jones
WEEKLY REVERSAL new low 9686.48
trend=no
direction=down (1 bar)
low= 9686.48
rev= 10450.64; mid= 10068.56

monthly info MONTHLY CONFIRMATION new low 9774.02
trend=no
direction=down (2 bars)
low= 9774.02
rev= 11008.61; mid= 10391.32



Dow Jones Transportation Avg
new low 5495.31
trend=down
low= 5495.31
rev= 5982.40; mid= 5738.86


monthly info MONTHLY REVERSAL new low 5600.74
trend=no
direction=down (1 bar)
low= 5600.74
rev= 6498.28; mid= 6049.51



Nasdaq Composite
new low 2091.79
trend=down
low= 2091.79
rev= 2265.64; mid= 2178.72


monthly info MONTHLY REVERSAL new low 2109.24
trend=no
direction=down (1 bar)
low= 2109.24
rev= 2461.19; mid= 2285.22



DXY
WEEKLY REVERSAL new low 84.43
trend=no
direction=down (1 bar)
low= 84.43
rev= 88.23; mid= 86.33

monthly info -no change
trend=up
high= 86.48
rev= 80.36; mid= 83.42



Gold
WEEKLY REVERSAL new low 1207.70
trend=no
direction=down (1 bar)
high= 1207.70
rev= 1258.30; mid= 1233.00

monthly info new high 1245.90
trend=up
high= 1245.90
rev= 1040.40; mid= 1143.15



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


monthly info MONTHLY CONFIRMATION new high 34.54
trend=no
direction=up (2 bars)
high= 34.54
rev= 17.59; mid= 26.07



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


monthly info -no change
trend=no
direction=down (1 bar)
low= 74.09
rev= 86.15; mid= 80.12



Sugar #11
-no change
trend=no
direction=up (1 bar)
high= 17.29
rev= 13.75; mid= 15.52

monthly info -no change
trend=down
low= 14.19
rev=26.95; mid= 20.57



30 Year Yield
new low 39.41
trend=down
low= 39.41
rev= 45.27; mid= 42.34


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



10 Year Yield
new low 29.79
trend=down
low= 29.79
rev= 32.00; mid= 30.90


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 1.2248
trend=down
low= 1.2248
rev= 1.3510; mid= 1.2879



GS (Goldman Sachs)
new low 131.08
trend=down
low=131.08
rev= 142.99; mid= 137.04


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



LUMBER
-no change
trend=down
low= 188.90
rev= 225.50; mid= 207.20


monthly info MONTHLY CONFIRMATION new low 195.00
trend=no
direction=down (2 bars)
low= 195.00
rev= 291.50; mid= 243.25



BALTIC DRY INDEX
new low 2280.00
trend=down
low= 2280.00
rev= 3288.00; mid= 2784.00


monthly info - no change
trend=down
low= 715.00
rev= 9370.00; mid= 5042.50



XLF (SPDR Financial)
new low 13.52
trend=down
low=13.52
rev= 14.75; mid=14.14


monthly info MONTHLY CONFIRMATION new low 13.81
trend=no
direction=down (2 bars)
low= 13.81
rev= 16.16; mid= 14.99


BIDU (Baidu)
WEEKLY REVERSAL new low 67.55
trend=no
direction=down (1 bar)
low= 67.55
rev= 76.10; mid= 71.83

BAC (Bank of America)
new low 13.84
trend=down
low= 13.84
rev= 15.99; mid= 14.92

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

AMZN (Amazon)
new low 109.14
trend=no
direction=down (2 bars)
low= 109.14
rev= 143.63; mid= 126.39

M (Macy's)
new low 17.85
trend=down
low= 17.85
rev= 21.05; mid= 19.45


BKX (KBW Bank Index)
new low 44.97
trend=down
low= 44.97
rev= 50.39; mid= 47.68

Powershares USD Bull (UUP)
WEEKLY REVERSAL new low 24.57
trend=no
direction=down (1 bar)
low=24.57
rev=25.77; mid=25.17

TLT (iShares Barclays 20+ Year Treas Bond)
new high 100.79
trend=up
high= 100.79
rev= 89.29; mid= 95.04

AAPL (Apple Computer)
-no change (below mid)
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 CONFIRMATION new low 897.50
trend=no
direction=down (2 bars)
low= 897.50
rev= 1010.80; mid= 954.15



NIKKEI
new low 9203.71
trend=down
low= 9203.71
rev= 9784.54; mid= 9494.13


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 -no change
trend=no; direction=down (2 bars)
low= 19766.71
rev=21872.50; mid= 20819.61



SHANGHAI A "Composite"
new low 2497.79
trend=down
low= 2497.79
rev= 2709.47; mid= 2603.63


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= 263.80; mid= 234.60


monthly info new low 208.93
trend=down
low= 208.93
rev= 254.06; mid= 231.50



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

monthly info -no change
trend=no
direction=down (1 bar)
low= 1622.78
rev=1741.56; mid= 1682.17



Athens
new low 1451.08
trend=down
low= 1451.08
rev= 1484.90; mid= 1467.99


monthly info new low 1434.22
trend=down
low= 1434.22
rev= 1872.53; mid= 1653.38

Monthly 3LB Update for June 2010

Monthly 3LB Update for June 2010

SPX
monthly info MONTHLY CONFIRMATION new low 1030.71
trend=no
direction=down (2 bars)
low= 1030.71
rev=1186.69; mid= 1108.70

DOW JONES
monthly info MONTHLY CONFIRMATION new low 9774.02
trend=no
direction=down (2 bars)
low= 9774.02
rev= 11008.61; mid= 10391.32

NASDAQ COMPOSITE
monthly info MONTHLY REVERSAL new low 2109.24
trend=no
direction=down (1 bar)
low= 2109.24
rev= 2461.19; mid= 2285.22

DXY
monthly info -no change
trend=up
high= 86.48
rev= 80.36; mid= 83.42

GOLD
monthly info new high 1245.90
trend=up
high= 1245.90
rev= 1040.40; mid= 1143.15

VIX
monthly info MONTHLY CONFIRMATION new high 34.54
trend=no
direction=up (2 bars)
high= 34.54
rev= 17.59; mid= 26.07

WTI
monthly info -no change
trend=no
direction=down (1 bar)
low= 74.09
rev= 86.15; mid= 80.12

SUGAR #11
monthly info -no change
trend=down
low= 14.19
rev=26.95; mid= 20.57

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

10YR YIELD
monthly info -no change
trend=no; direction=up (1 bar)
high= 38.43
rev=22.44; mid=30.44

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

EURUSD
monthly info new low 1.2248
trend=down
low= 1.2248
rev= 1.3510; mid= 1.2879

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

LUMBER
monthly info MONTHLY CONFIRMATION new low 195.00
trend=no
direction=down (2 bars)
low= 195.00
rev= 291.50; mid= 243.25

BALTIC DRY INDEX
monthly info - no change
trend=down
low= 715.00
rev= 9370.00; mid= 5042.50

XLF
monthly info MONTHLY CONFIRMATION new low 13.81
trend=no
direction=down (2 bars)
low= 13.81
rev= 16.16; mid= 14.99

MSCI
monthly info MONTHLY CONFIRMATION new low 897.50
trend=no
direction=down (2 bars)
low= 897.50
rev= 1010.80; mid= 954.15

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

HANG SENG
monthly info -no change
trend=no; direction=down (2 bars)
low= 19766.71
rev=21872.50; mid= 20819.61

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

SHANGHAI B
monthly info TRENDING new low 208.93
trend=down
low= 208.93
rev= 254.06; mid= 231.50

KOSPI
monthly info -no change
trend=no
direction=down (1 bar)
low= 1622.78
rev=1741.56; mid= 1682.17

ATHENS
monthly info new low 1434.22
trend=down
low= 1434.22
rev= 1872.53; mid= 1653.38