Weekly 3LB Update for week ending 8/6/10

Weekly 3LB update (week ending 8/6/10)
a new high or low will change the reversal price and the midpoint


SPX
WEEKLY REVERSAL new high 1121.64
trend=no
direction=up (1 bar)
high= 1121.64
rev= 1022.58; mid= 1072.11


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



Dow Jones
WEEKLY CONFIRMATION new high 10653.56
trend=no
direction=up (2 bars)
high= 10653.56
rev= 9686.48; mid= 10170.02

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
new high 4457.26
trend=up
high= 4457.26
rev= 4157.17; mid= 4307.22


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



Nasdaq Composite
new high 2288.47
trend=no
direction=up (2 bars)
high= 2288.47
rev= 2091.79; mid= 2190.13


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



DXY
new low 80.41
trend=down
low= 80.41
rev= 82.49; mid= 81.45


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



Gold
-no change (above mid)
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
-no change
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 28.24
trend=down
low= 28.24
rev= 29.79; mid= 29.02


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 1.3274
trend=up
high= 1.3274
rev= 1.2334; mid= 1.2804


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



GS (Goldman Sachs)
new high 155.18
trend=up
high= 155.18
rev= 146.17; mid= 150.68


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 -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)
WEEKLY REVERSAL new high 14.78
trend=no
direction=up (1 bar)
high=14.78
rev= 13.52; mid=14.15


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


BIDU (Baidu)
new high 86.53
trend=up
high= 86.53
rev= 74.09; mid= 80.31

JPM (JP Morgan Chase)
new high 40.44
trend=no
direction=up (2 bars)
high= 40.44
rev= 35.83; mid= 38.14

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

M (Macy's)
-no change (above mid)
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 23.35
trend=down
low= 23.35
rev= 24.01; mid= 23.68

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
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= 883.00
rev= 1046.70; mid= 964.85


monthly info -no change (above mid)
trend=no
direction=down (2 bars)
low= 897.50
rev= 1004.30; mid= 950.90



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 CONFIRMATION new high 2786.01
trend=no
direction=up (2 bars)
high= 2786.01
rev= 2497.79; mid= 2641.90


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
new high 1783.83
trend=up
high= 1783.83
rev= 1647.50; mid= 1715.67


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 1713.01
trend=up
high= 1713.01
rev= 1527.62; mid= 1620.32


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