Weekly (& Monthly) 3LB Update for week ending 7/23/10

Weekly & Monthly 3LB Update (week ending 7/30/10)
a new high or low will change the reversal price and the midpoint


SPX
-no change (below mid)
trend=down
low= 1022.58
rev= 1110.88; mid= 1066.73


monthly info -no change
trend=no
direction=down (2 bars)
low= 1030.71
rev=1186.69; mid= 1108.70



Dow Jones
WEEKLY REVERSAL new high 10465.94
trend=no
direction=up (1 bar)
high= 10465.94
rev= 9686.48; mid= 10076.21

monthly info -no change (above mid)
trend=no
direction=down (2 bars)
low= 9774.02
rev= 11008.61; mid= 10391.32



Dow Jones Transportation Avg
WEEKLY CONFIRMATION new high 4422.94
trend=no
direction=up (2 bars)
high= 4422.94
rev= 3932.40; mid= 4177.67


monthly info -no change (above mid)
trend=no
direction=down (1 bar)
low= 4007.84
rev= 4670.92; mid= 4339.38



Nasdaq Composite
-no change
trend=no
direction=up (1 bar)
high= 2269.47
rev= 2091.79; mid= 2180.63


monthly info -no change
trend=no
direction=down (1 bar)
low= 2109.24
rev= 2461.19; mid= 2285.22



DXY
new low 81.54
trend=down
low= 81.54
rev= 83.95; mid= 82.75


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



Gold
new low 1182.40
trend=down
low= 1182.40
rev= 1208.30; mid= 1195.35


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



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


monthly info -no change (below mid)
trend=no
direction=up (2 bars)
high= 34.54
rev= 17.59; mid= 26.07



WTI Crude Oil
-no change (above mid)
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
new high 19.57
trend=up
high= 19.57
rev= 16.70; mid= 18.14


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



30 Year Yield
-no change
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 29.07
trend=down
low= 29.07
rev= 31.13; mid= 30.10


monthly info -no change (below mid)
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
new high 1.3054
trend=no
direction=up (2 bars)
high= 1.3054
rev= 1.1976; mid= 1.2515

monthly info -no change (above mid)
trend=down
low= 1.2248
rev= 1.3510; mid= 1.2879



GS (Goldman Sachs)
new high 150.82
trend=up
high= 150.82
rev= 135.64; mid= 143.23


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



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


monthly info -no change
trend=no
direction=down (2 bars)
low= 206.00
rev= 300.80; mid= 253.40



BALTIC DRY INDEX
-no change
trend=down
low= 1720.00
rev= 2501.00; mid= 2110.50


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



XLF (SPDR Financial)
-no change (above mid)
trend=down
low=13.52
rev= 14.75; mid=14.14


monthly info -no change
trend=no
direction=down (2 bars)
low= 13.81
rev= 16.16; mid= 14.99


BIDU (Baidu)
WEEKLY CONFIRMATION new high 81.41
trend=no
direction=up (2 bars)
high= 81.41
rev= 67.55; mid= 74.48

BAC (Bank of America)
-no change
trend=down
low= 13.74
rev= 15.74; mid= 14.74

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

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

M (Macy's)
-no change
trend=down
low= 17.16
rev= 21.03; mid= 19.10


BKX (KBW Bank Index)
-no change (above mid)
trend=down
low= 44.97
rev= 50.39; mid= 47.68

Powershares USD Bull (UUP)
new low 23.74
trend=down
low= 23.74
rev= 24.44; mid= 24.09

TLT (iShares Barclays 20+ Year Treas Bond)
-no change
trend=up
high= 100.80
rev= 98.43; mid= 99.62

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



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


monthly info -no change (above mid)
trend=no
direction=down (2 bars)
low= 897.50
rev= 1010.80; mid= 954.15



NIKKEI
-no change (above mid)
trend=down
low= 9203.71
rev= 9784.54; mid= 9494.13


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



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


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



SHANGHAI A "Composite"
WEEKLY REVERSAL new high 2764.36
trend=no
direction=up (1 bar)
high= 2764.36
rev= 2497.79; mid= 2631.08


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



Shanghai B Shares
-no change (above mid)
trend=down
low= 205.39
rev= 263.80; mid= 234.60


monthly info -no change (above mid)
trend=down
low= 208.93
rev= 254.06; mid= 231.50



KOSPI
WEEKLY CONFIRMATION new high 1759.33
trend=no
direction=up (2 bars)
high= 1759.33
rev= 1600.18; mid= 1679.76


monthly info MONTHLY REVERSAL new high 1759.33
trend=no
direction=up (1 bar)
high= 1759.33
rev= 1622.78; mid= 1691.06



Athens
new high 1681.98
trend=up
high= 1681.98
rev= 1460.46; mid= 1571.22


monthly info -no change (above mid)
trend=down
low= 1434.22
rev= 1872.53; mid= 1653.38