Weekly 3LB Update 9/2/11

Weekly 3LB update (week ending 9/2/11)
a new high or low will change the reversal price and the midpoint

SPX
-no change (below mid)
trend=down
low= 1123.53
rev= 1268.45; mid= 1195.99


monthly info MONTHLY REVERSAL new low 1218.89
trend=no; direction=down (1 bar)
low= 1218.89
rev= 1363.61; mid= 1291.25



Dow Jones
-no change (below mid)
trend=down
low= 10817.65
rev= 12505.99; mid= 11661.82


monthly info MONTHLY REVERSAL new low 11613.53
trend=no; direction=down (1 bar)
low= 11613.53
rev= 12810.54; mid= 12212.04



Dow Jones Transportation Avg
-no change (below mid)
trend=down
low= 4221.60
rev= 5548.42; mid= 4885.01


monthly info MONTHLY REVERSAL new low 4666.96
trend=no; direction=down (1 bar)
low= 4666.96
rev= 5514.87; mid= 5090.92



Nasdaq Composite
-no change (above mid)
trend=down
low= 2341.84
rev= 2616.48; mid= 2479.16


monthly info MONTHLY REVERSAL new low 2579.36
trend=no; direction=down (1 bar)
low= 2579.36
rev= 2873.54; mid= 2726.45



DXY
-no change (above mid)
trend=no
direction=up (1 bar)
high= 75.76
rev= 72.93; mid= 74.35


monthly info -no change (below mid)
trend=down
low= 72.93
rev= 77.27; mid= 75.10



Gold
new high 1876.90
trend=up
high= 1876.90
rev= 1651.80; mid= 1764.35


monthly info new high 1831.70
trend=up
high= 1831.70
rev= 1443.00; mid= 1637.35



VIX
-no change (below mid)
trend=up
high= 43.05
rev= 25.25; mid= 34.15


monthly info -no change (above mid)
trend=no; direction=down (1 bar)
low= 14.75
rev= 34.54; mid= 24.65



WTI Crude Oil
-no change (below mid)
trend=down
low= 82.41
rev= 91.52; mid= 86.97


monthly info -no change (below mid)
trend=up
high= 115.37
rev= 81.77; mid= 98.57



Sugar #11
-no change (above mid)
trend=no
direction=up (1 bar)
high= 31.34
rev= 19.48; mid= 25.41


monthly info -no change (above mid)
trend=up
high= 29.81
rev= 22.19; mid= 26.00



30 Year Yield
new low 33.11
trend=down
low= 33.11
rev= 38.23; mid= 35.67


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



10 Year Yield
new low 19.96
trend=down
low= 19.96
rev= 25.58; mid= 22.77


monthly info MONTHLY REVERSAL new low 22.18
trend=no; direction=down (1 bar)
low= 22.18
rev= 38.43; mid= 30.31



Silver
new high 43.08
trend=up
high= 43.08
rev= 39.12; mid= 41.10


monthly info -no change (above mid)
trend=up
high= 48.66
rev= 31.02; mid= 39.84



EURUSD
-no change (below mid)
trend=no
direction=down (2 bars)
low= 1.4100
rev= 1.4820; mid= 1.4460


monthly info -no change (above mid)
trend=up
high= 1.4778
rev= 1.3566; mid= 1.4172



GS (Goldman Sachs)
new low 107.06
trend=down
low= 107.06
rev= 116.47; mid= 111.77


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



LUMBER
-no change (above mid)
trend=no
direction=down (2 bars)
low= 216.50
rev= 260.50; mid= 238.50


monthly info new low 241.60
trend=down
low= 241.60
rev= 268.10; mid= 254.85



BALTIC DRY INDEX
new high 1740.00
trend=up
high= 1740.00
rev= 1137.00; mid= 1438.50


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



XLF (SPDR Financial)
-no change (below mid)
trend=down
low= 12.13
rev= 14.76; mid= 13.45


monthly info MONTHLY REVERSAL new low 13.38
trend=no; direction=down (1 bar)
low= 13.38
rev= 16.85; mid= 15.12



AUDJPY
-no change (below mid)
trend=no
direction=down (2 bars)
low= 0.7913
rev= 0.8745; mid= 0.8329


monthly info -no change (above mid)
trend=up
high= 0.8745
rev= 0.6998; mid= 0.7872



YEN
-no change (above mid)
trend=up
high= 1.30700
rev= 1.27540; mid= 1.29120


monthly info new high 1.30580
trend=up
high= 1.30580
rev= 1.24290; mid= 1.27435



CRB
-no change (above mid)
trend=down
low= 326.34
rev= 346.30; mid= 336.32


monthly info -no change (below mid)
trend=up
low= 338.05
rev= 366.31; mid= 352.18



CAT (Caterpillar)
-no change (below mid)
trend=down
low= 79.97
rev= 108.62; mid= 94.30


monthly info MONTHLY REVERSAL new low 91.00
trend=no; direction=down (1 bar)
low= 91.00
rev= 115.41; mid= 103.21



AA (Alcoa)
-no change (below mid)
trend=down
low= 11.21
rev= 16.31; mid= 13.76


monthly info -no change (below mid)
trend=up
high= 17.66
rev= 11.64; mid= 14.65


BIDU (Baidu)
-no change (above mid)
trend=up
high= 157.07
rev= 121.69; mid= 139.38

JPM (JP Morgan Chase)
-no change (below mid)
trend=down
low= 34.35
rev= 41.58; mid= 37.97

BAC (Bank of America)
-no change (below mid)
trend=down
low= 6.97
rev= 9.17; mid= 8.34

WFC (Wells Fargo)
-no change (below mid)
trend=down
low= 23.36
rev= 28.67; mid= 26.02

AXP (American Express)
-no change (above mid)
trend=down
low= 44.47
rev= 50.04; mid= 47.26

AMZN (Amazon)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 178.93
rev= 222.52; mid= 200.73

M (Macy's)
-no change (below mid)
trend=down
low= 23.18
rev= 28.87; mid= 26.03

BKX (KBW Bank Index)
-no change (below mid)
trend=down
low= 35.49
rev= 46.01; mid= 40.75

Powershares USD Bull (UUP)
-no change (below mid)
trend=no
direction=up (1 bar)
high= 21.69
rev= 20.95; mid= 21.32

TLT (iShares Barclays 20+ Year Treas Bond)
new high 112.51
trend=up
high= 112.51
rev= 102.32; mid= 107.42

AAPL (Apple Computer)
-no change (above mid)
trend=up
high= 393.30
rev= 343.26; mid= 368.28

V (Visa)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 89.73
rev= 66.90; mid= 78.32

XRT (SPDR Retail ETF)
-no change (below mid)
trend=down
low= 43.83
rev= 54.44; mid= 49.14

MUB (iShares S&P National AMT-Fre)
-no change (above mid)
trend=up
high= 106.28
rev= 104.72; mid= 105.50

IQI (Morgan Stanley Quality Muni)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 12.64
rev= 11.19; mid= 11.92

JNK (SPDR Barclays Capital HY)
-no change (below mid)
trend=down
low= 37.69
rev= 39.52; mid= 38.61

COPPER
-no change (below mid)
trend=down
low= 3.984
rev= 4.498; mid= 4.241

EURCHF
-no change (below mid)
trend=down
low= 1.0914
rev= 1.1838; mid= 1.1376

USDJPY
-no change (below mid)
trend=down
low= 76.48
rev= 78.41; mid= 77.45



EEM (MSCI Emerging Markets)
-no change (below mid)
trend=down
low= 39.68
rev= 45.50; mid= 42.59


monthly info MONTHLY REVERSAL new low 42.75
trend=no; direction=down (1 bar)
low= 42.75
rev= 50.00; mid= 21.38



NIKKEI
-no change (below mid)
trend=down
low= 8719.24
rev= 10254.43; mid= 9486.84


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=down
low= 19399.92
rev= 21695.26; mid= 20547.59


monthly info MONTHLY CONFIRMATION new low 20534.85
trend=no; direction=down (2 bars)
low= 20534.85
rev= 23720.81; mid= 22127.83



SHANGHAI Composite
new low 2528.28
trend=down
low= 2528.28
rev= 2626.42; mid= 2577.35


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



DAX
-no change (below mid)
trend=down
low= 5480.00
rev= 6981.49; mid= 6230.75


monthly info MONTHLY REVERSAL new low 5784.85
trend=no; direction=down (1 bar)
low= 5784.85
rev= 7514.46; mid= 6649.66



Athens
-no change (below mid)
trend=down
low= 880.08
rev= 1062.00; mid= 971.04


monthly info new low 915.98
trend=down
low= 915.98
rev= 1309.46; mid= 1112.72