Weekly 3LB Update for week ending 5/13/11

Weekly 3LB update (week ending 5/13/11)
a new high or low will change the reversal price and the midpoint


SPX
-no change (above mid)
trend=no
direction=up (1 bar)
high= 1363.61
rev= 1279.20; mid= 1321.41


monthly info new high 1363.61
trend=up
high= 1363.61
rev= 1257.64; mid= 1310.63



Dow Jones
-no change (above mid)
trend=no
direction=up (2 bars)
high= 12810.54
rev= 11858.52; mid= 12334.53


monthly info new high 12810.54
trend=up
high= 12810.54
rev= 11891.93; mid= 12351.24



Dow Jones Transportation Avg
-no change (above mid)
trend=up
high= 5514.87
rev= 5235.51; mid= 5375.19


monthly info new high 5514.87
trend=up
high= 5514.87
rev= 4855.78; mid= 5185.33



Nasdaq Composite
-no change (above mid)
trend=no
direction=up (1 bar)
high= 2873.54
rev= 2643.67; mid= 2758.61


monthly info new high 2873.54
trend=up
high= 2873.54
rev= 2643.67; mid= 2763.21



DXY
WEEKLY REVERSAL new high 75.76
trend=no
direction=up (1 bar)
high= 75.76
rev= 72.93; mid= 74.35


monthly info new low 72.93
trend=down
low= 72.93
rev= 77.27; mid= 75.10



Gold
-no change (below mid)
trend=up
high= 1556.40
rev= 1474.10; mid= 1515.25


monthly info new high 1556.40
trend=up
high= 1556.40
rev= 1388.80; mid= 1472.60



VIX
-no change (above mid)
trend=no
direction=up (1 bar)
high= 18.40
rev= 14.69; mid= 16.55


monthly info MONTHLY REVERSAL new low 14.75
trend=no; direction=down (1 bar)
low= 14.75
rev= 34.54; mid= 24.65



WTI Crude Oil
-no change (below mid)
trend=no
direction=down (1 bar)
low= 97.18
rev= 113.93; mid= 105.56


monthly info new high 113.93
trend=up
high= 113.93
rev= 94.76; mid= 104.35



Sugar #11
-no change (below mid)
trend=no
direction=down (1 bar)
low= 20.47
rev= 29.79; mid= 25.13


monthly info -no change (below mid)
trend=up
high= 29.78
rev= 19.29; mid= 24.54



30 Year Yield
-no change (below mid)
trend=down
low= 42.95
rev= 45.74; mid= 44.35


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



10 Year Yield
-no change (bellow mid)
trend=no
direction=down (2 bars)
low= 31.57
rev= 36.52; mid= 34.05


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



Silver
WEEKLY CONFIRMATION new low 35.01
trend=no
direction=down (2 bars)
low= 35.01
rev= 48.60; mid= 41.81


monthly info new high 48.60
trend=up
high= 48.60
rev= 30.96; mid= 39.78



EURUSD
WEEKLY CONFIRMATION new low 1.4100
trend=no
direction=down (2 bars)
low= 1.4100
rev= 1.4820; mid= 1.4460


monthly info new high 1.4820
trend=up
high= 1.4820
rev= 1.3605; mid= 1.4213



GS (Goldman Sachs)
new low 141.46
trend=down
low= 141.46
rev= 153.51; mid= 147.49


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



LUMBER
new low 229.60
trend=down
low= 229.60
rev= 273.80; mid= 251.70


monthly info MONTHLY REVERSAL new low 237.00
trend=no; direction=down (1 bar)
low= 237.00
rev= 340.60; mid= 288.80



BALTIC DRY INDEX
-no change (below mid)
trend=no
direction=up (2 bars)
high= 1585.00
rev= 1043.00; mid= 1314.00


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



XLF (SPDR Financial)
new low 15.77
trend=down
low= 15.77
rev= 17.08; mid= 16.43


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 16.85
rev= 13.55; mid= 15.20



AUDJPY
-no change (below mid)
trend=up
high= 0.8864
rev= 0.8241; mid= 0.8553


monthly info MONTHLY CONFIRMATION new high 0.8839
trend=up
high= 0.8839
rev= 0.7114; mid= 0.7977



YEN
-no change (above mid)
trend=no
direction=up (1 bar)
high= 1.24180
rev= 1.17910; mid= 1.21045


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



CRB
-no change (below mid)
trend=no
direction=down (1 bar)
low= 337.35
rev= 370.56; mid= 353.96


monthly info new high 370.56
trend=up
high= 370.56
rev= 341.42; mid= 355.99



CAT (Caterpillar)
-no change (below mid)
trend=up
high= 115.41
rev= 105.86; mid= 110.64


monthly info new high 115.41
trend=up
high= 115.41
rev= 97.01; mid= 106.21


BIDU (Baidu)
WEEKLY REVERSAL new low 131.28
trend=no
direction=down (1 bar)
low= 131.28
rev= 148.65; mid= 139.97

JPM (JP Morgan Chase)
new low 43.15
trend=down
low= 43.15
rev= 46.57; mid= 44.86

BAC (Bank of America)
new low 11.93
trend=down
low= 11.93
rev= 12.82; mid= 12.38

AXP (American Express)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 50.20
rev= 37.99; mid= 44.10

AMZN (Amazon)
new high 202.56
trend=up
high= 202.56
rev= 168.07; mid= 185.32

M (Macy's)
WEEKLY CONFIRMATION new high 28.46
trend=no
direction=up (2 bars)
high= 28.46
rev= 22.82; mid= 25.64

BKX (KBW Bank Index)
new low 49.51
trend=down
low= 49.51
rev= 51.82; mid= 50.67

Powershares USD Bull (UUP)
WEEKLY REVERSAL new high 21.29
trend=no
direction=up (1 bar)
high= 21.69
rev= 20.95; mid= 21.32

TLT (iShares Barclays 20+ Year Treas Bond)
new high 95.08
trend=up
high= 95.08
rev= 93.46; mid= 94.27

AAPL (Apple Computer)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 327.46
rev= 360.00; mid= 343.73

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)
new high 54.10
trend=up
high= 54.10
rev= 52.15; mid= 53.13

MUB (iShares S&P National AMT-Fre)
new high 103.29
trend=up
high= 103.29
rev= 99.12; mid= 101.21

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

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=no
direction=down (1 bar)
low= 39.70
rev= 41.12; mid= 40.41

COPPER
-no change (below mid)
trend=no
direction=down (2 bars)
low= 3.976
rev= 4.615; mid= 4.296



MSCI Emerging Markets
-no change (below mid)
trend=up
high= 1212.20
rev= 1122.20; mid= 1167.20


monthly info new high 1208.90
trend=up
high= 1208.90
rev= 1104.00; mid= 1156.45



NIKKEI
-no change (below mid)
trend=down
low= 9206.75
rev= 10605.65; mid= 9906.20


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=no
direction=down (1 bar)
low= 22300.23
rev= 24876.82; mid= 23588.53


monthly info new high 23720.81
trend=up
high= 23720.81
rev= 23096.32; mid= 23408.57



SHANGHAI Composite
-no change (below mid)
trend=no
direction=down (2 bars)
low= 2863.89
rev= 3050.52; mid= 2957.21


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



KOSPI
WEEKLY REVERSAL new low 2120.08
trend=no
direction=down (1 bar)
low= 2120.08
rev= 2198.54; mid= 2159.31


monthly info new high 2192.36
trend=up
high= 2192.36
rev= 2051.00; mid= 2121.68



Athens
new low 1356.24
trend=down
low= 1356.24
rev= 1469.03; mid= 1412.64


monthly info -no change (below mid)
trend=no; direction=up (1 bar)
high= 1593.30
rev= 1413.94; mid= 1503.62