Weekly 3LB Update for week ending 2/11/11

Weekly 3LB update (week ending 2/11/11)
a new high or low will change the reversal price and the midpoint


SPX
new high 1329.15
trend=up
high= 1329.15
rev= 1271.50; mid= 1300.33


monthly info MONTHLY CONFIRMATION new high 1286.12
trend=no; direction=up (2 bars)
high= 1286.12
rev= 1030.71; mid= 1158.42



Dow Jones
new high 12273.26
trend=up
high= 12273.26
rev= 11787.38; mid= 12030.32


monthly info new high 11891.93
trend=up;
high= 11891.93
rev= 10136.63; mid= 11014.28



Dow Jones Transportation Avg
WEEKLY REVERSAL new high 5235.51
trend=no
direction=down (1 bar)
high= 5235.51
rev= 4994.87; mid= 5115.19


monthly info -no change
trend=up
high= 5106.75
rev= 4374.62; mid= 4740.69



Nasdaq Composite
new high 2809.44
trend=up
high= 2809.44
rev= 2703.17; mid= 2756.31


monthly info new high 2700.08
trend=up
high= 2700.08
rev= 2397.96; mid= 2549.02



DXY
-no change (below mid)
trend=down
low= 78.04
rev= 79.16; mid= 78.60


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=down
low= 1341.00
rev= 1406.20; mid= 1373.60


monthly info -no change
trend=up
high= 1421.40
rev= 1311.50; mid= 1366.45



VIX
-no change (below mid)
trend=no
direction=down (2 bars)
low= 15.46
rev= 40.95; mid= 28.21


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



WTI Crude Oil
-no change (below mid)
trend=down
low= 76.07
rev= 95.28; mid= 85.68


monthly info -no change
trend=down
low= 75.92
rev= 95.32; mid= 85.62



Sugar #11
-no change (above mid)
trend=no
direction=up (2 bars)
high= 33.98
rev= 26.15; mid= 30.07


monthly info new high 33.97
trend=up
high= 33.97
rev= 22.73; mid= 28.35



30 Year Yield
-no change (above mid)
trend=up
high= 47.37
rev= 44.90; mid= 46.14


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



10 Year Yield
-no change (above mid)
trend=up
high= 36.52
rev= 33.30; mid= 34.91


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



Silver (SLV)
-no change (above mid)
trend=up
high= 30.18
rev= 26.74; mid= 28.46


monthly info -no change - bearish engulfing
trend=up
high= 30.18
rev= 21.31; mid= 25.75



EURUSD
-no change (above mid)
trend=no
direction=up (2 bars)
high= 1.3609
rev= 1.2929; mid= 1.3269


monthly info -no change
trend=no; direction=up (2 bars)
high= 1.3880
rev= 1.2237; mid= 1.3059



GS (Goldman Sachs)
-no change (above mid)
trend=up
high= 175.00
rev= 157.76; mid= 166.38


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



LUMBER
-no change (above mid)
trend=up
high= 322.90
rev= 271.60; mid= 297.25


monthly info -no change - bearish thrusting
trend=no; direction=up (1 bar)
high= 316.10
rev= 223.00; mid= 269.55



BALTIC DRY INDEX
-no change (below mid)
trend=down
low= 1043.00
rev= 1439.00; mid= 1241.00


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



XLF (SPDR Financial)
new high 17.08
trend=up
high= 17.08
rev= 15.95; mid= 16.52


monthly info MONTHLY REVERSAL new high 16.40
trend=no; direction=up (1 bar)
high= 16.40
rev= 13.55; mid= 14.98



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


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



YEN
-no change (below mid)
trend=no
direction=up (1 bar)
high= 1.23200
rev= 1.19030; mid= 1.21112


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



CRB
-no change (above mid)
trend=up
high= 338.92
rev= 333.06; mid= 335.99


monthly info new high 341.42
trend=up
high= 341.42
rev= 300.67; mid= 321.05



CAT (Caterpillar)
new high 103.54
trend=up
high= 103.54
rev= 94.45; mid= 99.00


monthly info new high 97.01
trend=up
high= 97.01
rev= 78.68; mid= 87.85


BIDU (Baidu)
WEEKLY CONFIRMATION new high 129.58
trend=no
direction=up (2 bars)
high= 129.58
rev= 96.53; mid= 113.06

JPM (JP Morgan Chase)
new high 46.57
trend=up
high= 46.57
rev= 43.64; mid= 45.11

BAC (Bank of America)
-no change (above mid)
trend=up
high= 15.25
rev= 13.06; mid= 14.16

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

AMZN (Amazon)
WEEKLY REVERSAL new high 189.25
trend=no
direction=up (1 bar)
high= 189.25
rev= 171.14; mid= 180.20

M (Macy's)
-no change (above mid)
trend=down
low= 22.82
rev= 25.57; mid= 24.20

BKX (KBW Bank Index)
new high 55.56
trend=up
high= 55.56
rev= 52.21; mid= 53.89

Powershares USD Bull (UUP)
-no change (above mid)
trend=up
high= 23.36
rev= 22.34; mid= 22.85

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (below mid)
trend=down
low= 88.81
rev= 92.35; mid= 90.58

AAPL (Apple Computer)
new high 356.85
trend=up
high= 356.85
rev= 323.60; mid= 340.23

V (Visa)
-no change (above mid)
trend=no
direction=down (1 bar)
low= 66.90
rev= 80.20; mid= 73.55

XRT (SPDR Retail ETF)
WEEKLY REVERSAL new high 49.68
trend=no
direction=up (1 bar)
high= 49.68
rev= 46.27; mid= 47.98

MUB (iShares S&P National AMT-Fre)
-no change (above mid)
trend=down
low= 96.26
rev= 101.61; mid= 98.94

IQI (Morgan Stanley Quality Muni)
-no change (at mid)
trend=down
low= 11.19
rev= 12.32; mid= 11.76



MSCI Emerging Markets
-no change (below mid)
trend=no
direction=down (1 bar)
low= 1078.90
rev= 1168.50; mid= 1123.70


monthly info -no change
trend=up
high= 1155.90
rev= 903.00; mid= 1029.45



NIKKEI
new high 10605.65
trend=up
high= 10605.65
rev= 10346.48; mid= 10476.07


monthly info -no change
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 new high 23447.34
trend=up
high= 23447.34
rev= 20121.99; mid= 21784.67



SHANGHAI Composite
-no change (above mid)
trend=down
low= 2715.29
rev= 2842.43; mid= 2778.86


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



KOSPI
WEEKLY REVERSAL new low 1977.19
trend=no
direction=down (1 bar)
low= 1977.19
rev= 2108.17; mid= 2042.68


monthly info new high 2069.73
trend=up
high= 2069.73
rev= 1882.95; mid= 1976.34



Athens
-no change (above mid)
trend=up
high= 1661.68
rev= 1413.94; mid= 1537.81


monthly info MONTHLY REVERSAL new high 1593.30
trend=no; direction=up (1 bar)
high= 1593.30
rev= 1413.94; mid= 1503.62