Weekly 3LB Update 9/30/11

Weekly 3LB update (week ending 9/30/11)
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 CONFIRMATION new low 1131.42
trend=no; direction=down (2 bars)
low= 1131.42
rev= 1363.61; mid= 1247.52



Dow Jones
-no change (below mid)
trend=down
low= 10771.48
rev= 11444.61; mid= 11108.05


monthly info MONTHLY CONFIRMATION new low 10913.38
trend=no; direction=down (2 bars)
low= 10913.38
rev= 12810.54; mid= 11861.96



Dow Jones Transportation Avg
new low 4189.37
trend=down
low= 4189.37
rev= 4622.58; mid= 4405.98


monthly info MONTHLY CONFIRMATION new low 4189.37
trend=no; direction=down (2 bars)
low= 4189.37
rev= 5514.87; mid= 4852.12



Nasdaq Composite
-no change (below mid)
trend=no
direction=up (1 bar)
high= 2622.31
rev= 2341.84; mid= 2482.08


monthly info MONTHLY CONFIRMATION new low 2415.40
trend=no; direction=down (2 bars)
low= 2415.40
rev= 2873.54; mid= 2644.47



DXY
new high 78.55
trend=up
high= 78.55
rev= 75.76; mid= 77.16


monthly info MONTHLY REVERSAL new high 78.55
trend=no; direction=up (1 bar)
high= 78.55
rev= 72.93; mid= 75.74



Gold
WEEKLY CONFIRMATION new low 1622.30
trend=no
direction=down (2 bars)
low= 1622.30
rev= 1876.90; mid= 1749.60


monthly info -no change (below mid)
trend=up
high= 1831.70
rev= 1443.00; mid= 1637.35



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


monthly info MONTHLY REVERSAL new high 42.96
trend=no; direction=up (1 bar)
high= 42.96
rev= 14.75; mid= 28.86



WTI Crude Oil
new low 79.20
trend=down
low= 79.20
rev= 85.72; mid= 82.46


monthly info MONTHLY REVERSAL new low 79.20
trend=no; direction=down (1 bar)
low= 79.20
rev= 115.56; mid= 97.38



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
-no change (below mid)
trend=down
low= 28.71
rev= 33.90; mid= 31.31


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



10 Year Yield
-no change (below mid)
trend=down
low= 18.08
rev= 20.71; mid= 19.40


monthly info MONTHLY CONFIRMATION new low 19.24
trend=no; direction=down (2 bars)
low= 19.24
rev= 38.43; mid= 28.84



Silver
WEEKLY REVERSAL new low 30.09
trend=no
direction=down (2 bars)
low= 30.09
rev= 43.08; mid= 36.59


monthly info MONTHLY REVERSAL new low 30.09
trend=no; direction=down (1 bar)
low= 30.09
rev= 48.66; mid= 39.38



EURUSD
new low 1.3415
trend=down
low= 1.3415
rev= 1.4044; mid= 1.3730


monthly info MONTHLY REVERSAL new low 1.3415
trend=no; direction=down (1 bar)
high= 1.3415
rev= 1.4764; mid= 1.4090



GS (Goldman Sachs)
new low 94.55
trend=down
low= 94.55
rev= 107.06; mid= 100.81


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



LUMBER
new low 211.10
trend=down
low= 211.10
rev= 257.10; mid= 234.10


monthly info new low 211.10
trend=down
low= 211.10
rev= 261.90; mid= 236.50



BALTIC DRY INDEX
-no change (above mid)
trend=up
high= 1920.00
rev= 1585.00; mid= 1752.50


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= 11.68
rev= 13.43; mid= 12.56


monthly info MONTHLY CONFIRMATION new low 11.81
trend=no; direction=down (2 bars)
low= 11.81
rev= 16.85; mid= 14.33



AUDJPY
new low 0.7376
trend=down
low= 0.7376
rev= 0.7913; mid= 0.7645


monthly info -no change (below 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 -no change (above mid)
trend=up
high= 1.30580
rev= 1.24290; mid= 1.27435



CRB
new low 298.15
trend=down
low= 298.15
rev= 327.97; mid= 313.06


monthly info MONTHLY CONFIRMATION new low 298.15
trend=no; direction=down (2 bars)
low= 298.15
rev= 366.31; mid= 332.23



CAT (Caterpillar)
new low 73.84
trend=down
low= 73.84
rev= 89.81; mid= 81.83


monthly info MONTHLY CONFIRMATION new low 73.84
trend=no; direction=down (2 bars)
low= 73.84
rev= 115.41; mid= 94.63



AA (Alcoa)
new low 9.57
trend=down
low= 9.57
rev= 12.26; mid= 10.92


monthly info MONTHLY REVERSAL new low 9.57
trend=no; direction=down (1 bar)
low= 9.57
rev= 17.66; mid= 13.62



COPPER
new low 3.152
trend=down
low= 3.152
rev= 4.003; mid= 3.578


monthly info MONTHLY REVERSAL new low 3.152
trend=no; direction=down (1 bar)
low= 3.152
rev= 4.551; mid= 3.852


BIDU (Baidu)
WEEKLY REVERSAL new low 106.91
trend=no
direction=down (1 bar)
low= 106.91
rev= 157.07; mid= 131.99

JPM (JP Morgan Chase)
-no change (below mid)
trend=down
low= 29.59
rev= 35.91; mid= 32.75

BAC (Bank of America)
new low 6.12
trend=down
low= 6.12
rev= 7.19; mid= 6.66

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

AXP (American Express)
-no change (below mid)
trend=no
direction=up (1 bar)
high= 50.12
rev= 44.47; mid= 47.30

AMZN (Amazon)
-no change (above mid)
trend=no
direction=down (1 bar)
high= 239.30
rev= 178.93; mid= 204.62

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

BKX (KBW Bank Index)
-no change (below mid)
trend=down
low= 35.00
rev= 41.42; mid= 38.21

Powershares USD Bull (UUP)
new high 22.31
trend=up
high= 22.31
rev= 21.69; mid= 22.00

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (above mid)
trend=up
high= 120.83
rev= 111.20; mid= 116.02

AAPL (Apple Computer)
-no change (below mid)
trend=up
high= 404.30
rev= 364.92; mid= 384.61

V (Visa)
-no change (above mid)
trend=up
high= 90.85
rev= 79.80; mid= 85.33

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= 107.25
rev= 104.97; mid= 106.11

IQI (Morgan Stanley Quality Muni)
WEEKLY CONFIRMATION new high 12.83
trend=no
direction=up (2 bars)
high= 12.83
rev= 11.19; mid= 12.01

JNK (SPDR Barclays Capital HY)
new low 36.19
trend=down
low= 36.19
rev= 38.34; mid= 37.27

EURCHF
-no change (above mid)
trend=no
direction=up (2 bars)
high= 1.2190
rev= 1.0914; mid= 1.1552

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



EEM (MSCI Emerging Markets)
new low 35.10
trend=down
low= 35.10
rev= 41.27; mid= 38.19


monthly info MONTHLY CONFIRMATION new low 35.10
trend=no; direction=down (2 bars)
low= 35.10
rev= 50.00; mid= 42.55



NIKKEI
-no change (below mid)
trend=down
low= 8560.26
rev= 9206.75; mid= 8883.51


monthly info MONTHLY CONFIRMATION new low 8700.29
trend=no; direction=down (2 bars)
low= 8700.29
rev= 11089.94; mid= 9895.12



HANG SENG
new low 17592.41
trend=down
low= 17592.41
rev= 19620.01; mid= 18606.21


monthly info new low 17592.41
trend=down
low= 17592.41
rev= 23527.52; mid= 20559.97



SHANGHAI Composite
new low 2359.22
trend=down
low= 2359.22
rev= 2497.75; mid= 2428.49


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= 5189.93
rev= 6236.16; mid= 5713.05


monthly info MONTHLY CONFIRMATION new low 5502.02
trend=no; direction=down (2 bars)
low= 5502.02
rev= 7514.46; mid= 6508.24



Athens
-no change (below mid)
trend=down
low= 797.95
rev= 961.96; mid= 879.96


monthly info new low 798.42
trend=down
low= 798.42
rev= 1279.06; mid= 1038.74