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

SPX
new high 1240.40
trend=up
high= 1240.40
rev= 1183.08; mid= 1211.74


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



Dow Jones
-no change (above mid)
trend=up
high= 11444.08
rev= 11006.48; mid= 11225.28


monthly info -no change
trend=no; direction=up (1 bar)
high= 11118.49
rev= 9774.02; mid= 10446.26



Dow Jones Transportation Avg
new high 5099.38
trend=up
high= 5099.38
rev= 4754.97; mid= 4927.18


monthly info new high 4855.44
trend=no; direction=up (2 bars)
high= 4855.44
rev= 4007.84; mid= 4431.64



Nasdaq Composite
new high 2637.54
trend=up
high= 2637.54
rev= 2507.41; mid= 2572.48


monthly info -no change
trend=no; direction=up (1 bar)
high= 2507.41
rev= 2109.24; mid= 2308.33



DXY
-no change (above mid)
trend=no
direction=up (2 bars)
high= 80.36
rev= 76.55; mid= 78.46


monthly info -no change
trend=no; direction=down (2 bars)
low= 77.27
rev= 86.59; mid= 81.93



Gold
-no change (above mid)
trend=up
high= 1406.20
rev= 1347.20; mid= 1376.70


monthly info new high 1385.90
trend=up
high= 1385.90
rev= 1311.50; mid= 1348.70



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= 73.87
rev= 91.94; mid= 82.91


monthly info -no change (above mid)
trend=down
low= 57.40
rev= 93.92; mid= 75.66



Sugar #11
-no change (above mid)
trend=no
direction=down (2 bars)
low= 26.15
rev= 31.76; mid= 28.96


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 29.12
rev= 10.40; mid= 19.76



30 Year Yield
new high 44.22
trend=up
high= 44.22
rev= 41.26; mid= 42.74


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



10 Year Yield
new high 32.96
trend=up
high= 32.96
rev= 27.56; mid= 30.26


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 (above mid)
trend=up
high= 28.60
rev= 24.17; mid= 26.39


monthly info new high 27.44
trend=up
high= 27.44
rev= 18.93; mid= 23.19



EURUSD
new low 1.3228 (bad tick in chart)
trend=down
low= 1.3228
rev= 1.3682; mid= 1.3455


monthly info -no change (below mid)
trend=no; direction=up (2 bars)
high= 1.3888
rev= 1.2245; mid= 1.3067



GS (Goldman Sachs)
-no change (above mid)
trend=up
high= 171.07
rev= 150.82; mid= 160.95


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



LUMBER
-no change (above mid)
trend=up
high= 266.80
rev= 212.20; mid= 239.50


monthly info -no change (below mid)
trend=down
low= 204.50
rev= 296.50; mid= 250.50



BALTIC DRY INDEX
-no change (below mid)
trend=up
high= 2995.00
rev= 1902.00; mid= 2448.50


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



XLF (SPDR Financial)
new high 15.75
trend=up
high=15.75
rev= 14.15; mid=14.95


monthly info -no change (below mid)
trend=down
low= 13.55
rev= 15.95; mid= 14.75



AUDJPY
-no change (above mid)
trend=no
direction=down (1 bar)
low= 0.7231
rev= 0.8478; mid= 0.7855


monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 0.7314
rev= 0.8468; mid= 0.7891



YEN
-no change (below mid)
trend=down
low= 1.19030
rev= 1.22980; mid= 1.21005


monthly info -no change (below mid)
trend=up
high= 1.24330
rev= 1.15910; mid= 1.20120



CRB
-no change (above mid)
trend=up
high= 316.16
rev= 297.23; mid= 306.70


monthly info new high 301.41
trend=up
high= 301.41
rev= 277.40; mid= 289.41



CAT (Caterpillar)
new high 89.94
trend=up
high= 89.94
rev= 83.97; mid= 86.96


monthly info new high 84.60
trend=up
high= 84.60
rev= 68.09; mid= 76.35


BIDU (Baidu)
-no change (above mid)
trend=up
high= 110.64
rev= 98.80; mid= 104.72

JPM (JP Morgan Chase)
WEEKLY REVERSAL new high 41.43
trend=no
direction=up (1 bar)
high= 41.43
rev= 37.50; mid= 39.47

BAC (Bank of America)
WEEKLY REVERSAL new high 12.80
trend=no
direction=up (1 bar)
high= 12.80
rev= 11.12; mid= 11.96

AXP (American Express)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 37.99
rev= 48.05; mid= 43.02

AMZN (Amazon)
-no change (above mid)
trend=up
high= 177.20
rev= 164.64; mid= 170.92

M (Macy's)
-no change (above mid)
trend=up
high= 26.00
rev= 23.15; mid= 24.58

BKX (KBW Bank Index)
new high 50.92
trend=no
direction=up (2 bars)
high= 50.92
rev= 44.19; mid= 47.56

Powershares USD Bull (UUP)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 23.21
rev= 22.18; mid= 22.70

TLT (iShares Barclays 20+ Year Treas Bond)
new low 93.15
trend=down
low= 93.15
rev= 97.98; mid= 95.57

AAPL (Apple Computer)
new high 320.56
trend=up
high= 320.56
rev= 314.74; mid= 317.65



MSCI Emerging Markets
-no change (above mid)
trend=no
direction=down (1 bar)
low= 1078.70
rev= 1168.30; mid= 1123.50


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 1109.80
rev= 896.00; mid= 1002.90



NIKKEI
new high 10211.95
trend=up
high= 10211.95
rev= 10117.17; mid= 10022.39


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 8824.06
rev= 11089.94; mid= 9957.00



HANG SENG
-no change (below mid)
trend=up
high= 24876.82
rev= 22358.17; mid= 23617.50


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 23096.32
rev= 19766.71; mid= 21431.52



SHANGHAI Composite
new low 2841.04
trend=down
low= 2841.04
rev= 2888.57; mid= 2864.81


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 3412.06
rev= 1728.79; mid= 2570.43



KOSPI
new high 1986.14
trend=up
high= 1986.14
rev= 1938.96; mid= 1962.55


monthly info new high 1904.63
trend=up
high= 1904.63
rev= 1759.33; mid= 1831.98



Athens
-no change (above mid)
trend=down
low= 1436.66
rev= 1524.15; mid= 1480.41


monthly info new low 1419.67
trend=down
low= 1419.67
rev= 1869.99; mid= 1644.83