Weekly 3LB Update 12/2/11

Weekly 3LB update (week ending 12/2/11)
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= 1285.09
rev= 1123.53; mid= 1204.31


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 1131.42
rev= 1363.61; mid= 1247.52



Dow Jones
-no change (above mid)
trend=up
high= 12231.11
rev= 10817.65; mid= 11524.38


monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 10913.38
rev= 12810.54; mid= 11861.96



Dow Jones Transportation Avg
-no change (above mid)
trend=up
high= 5011.98
rev= 4218.77; mid= 4615.38


monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 4189.37
rev= 5514.87; mid= 4852.12



Nasdaq Composite
-no change (above mid)
trend=no
direction=down (1 bar)
low= 2441.51
rev= 2737.15; mid= 2589.33


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 2415.40
rev= 2873.54; mid= 2644.47



DXY
-no change (above mid)
trend=no
direction=up (1 bar)
high= 79.69
rev= 75.07; mid= 77.38


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 78.55
rev= 72.93; mid= 75.74



Gold
-no change (below mid)
trend=no
direction=down (2 bars)
low= 1622.30
rev= 1876.90; mid= 1749.60


monthly info -no change (above mid)
trend=up
high= 1831.70
rev= 1443.00; mid= 1639.20



VIX
-no change (below mid)
trend=no
direction=down (1 bar)
low= 24.53
rev= 43.05; mid= 33.79


monthly info -no change (below mid)
trend=no; direction=up (1 bar)
high= 42.96
rev= 14.75; mid= 28.86



WTI Crude Oil
new high 100.96
trend=up
high= 100.96
rev= 93.33; mid= 97.15


monthly info -no change (above mid)
trend=no; direction=down (1 bar)
low= 79.20
rev= 115.81; mid= 97.63



Sugar #11
-no change (below mid)
trend=no
direction=up (1 bar)
high= 30.13
rev= 18.27; mid= 24.20


monthly info -no change (below mid)
trend=up
high= 28.60
rev= 20.98; mid= 24.79



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=no
direction=up (2 bars)
high= 23.06
rev= 18.08; mid= 20.57


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 19.24
rev= 38.43; mid= 28.84



Silver
-no change (below mid)
trend=no
direction=down (2 bars)
low= 30.09
rev= 43.15; mid= 36.66


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 30.16
rev= 48.74; mid= 39.45



EURUSD
-no change (below mid)
trend=no
direction=down (1 bar)
low= 1.3239
rev= 1.4148; mid= 1.3694


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 1.3415
rev= 1.4764; mid= 1.4090



GS (Goldman Sachs)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 88.75
rev= 115.86; mid= 102.31


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



LUMBER
-no change (below mid)
trend=down
low= 219.30
rev= 265.30; mid= 242.30


monthly info new low 218.20
trend=down
low= 218.20
rev= 260.00; mid= 239.10



BALTIC DRY INDEX
-no change (below mid)
trend=no
direction=down (1 bar)
low= 1784.00
rev= 2173.00; mid= 1978.50


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



XLF (SPDR Financial)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 14.05
rev= 11.68; mid= 12.87


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 11.81
rev= 16.85; mid= 14.33



AUDJPY
-no change (above mid)
trend=up
high= 0.8080
rev= 0.7400; mid= 0.7740


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



YEN
-no change (below mid)
trend=no
direction=down (1 bar)
low= 1.27960
rev= 1.32030; mid= 1.2995


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



CRB
-no change (above mid)
trend=down
low= 298.15
rev= 327.97; mid= 313.06


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 298.15
rev= 366.31; mid= 332.23



CAT (Caterpillar)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 96.85
rev= 73.84; mid= 85.35


monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 73.84
rev= 115.41; mid= 94.63



AA (Alcoa)
-no change (below mid)
trend=down
low= 8.95
rev= 11.21; mid= 10.08


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 9.57
rev= 17.66; mid= 13.62



COPPER
-no change (below mid)
trend=down
low= 3.163
rev= 4.014; mid= 3.589


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 3.152
rev= 4.551; mid= 3.852


BIDU (Baidu)
-no change (above mid)
trend=no
direction=down (1 bar)
low= 106.91
rev= 157.07; mid= 131.99

JPM (JP Morgan Chase)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 28.48
rev= 36.69; mid= 32.59

BAC (Bank of America)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 5.17
rev= 7.35; mid= 6.26

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

AXP (American Express)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 52.10
rev= 43.43; mid= 47.77

AMZN (Amazon)
-no change (below mid)
trend=no
direction=down (2 bars)
high= 246.71
rev= 178.93; mid= 212.82

M (Macy's)
new high 32.54
trend=up
high= 32.54
rev= 29.26; mid= 30.90

BKX (KBW Bank Index)
-no change (above mid)
trend=no
direction=down (1 bar)
low= 34.90
rev= 41.82; mid= 38.36

Powershares USD Bull (UUP)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 22.42
rev= 21.16; mid= 21.79

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 (above mid)
trend=down
low= 363.57
rev= 392.87; mid= 378.22

V (Visa)
WEEKLY REVERSAL new high 97.20
trend=no
direction=down (1 bar)
high= 97.20
rev= 89.02; mid= 93.11

XRT (SPDR Retail ETF)
-no change (above 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)
new high 13.17
trend=up
high= 13.17
rev= 13.00; mid= 13.09

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 39.20
rev= 36.16; mid= 37.68

EURCHF
-no change (above mid)
trend=up
high= 1.2395
rev= 1.2067; mid= 1.2231

USDJPY
-no change (above mid)
trend=no
direction=up (1 bar)
high= 78.11
rev= 75.70; mid= 76.91



EEM (MSCI Emerging Markets)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 42.40
rev= 35.10; mid= 38.75


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 35.10
rev= 50.00; mid= 42.55



NIKKEI
WEEKLY REVERSAL new high 8864.75
trend=no
direction=down (1 bar)
high= 8643.75
rev= 8160.01; mid= 8401.88


monthly info new low 8434.61
trend=down
low= 8434.61
rev= 10546.44; mid= 9490.53



HANG SENG
-no change (above mid)
trend=no
direction=up (1 bar)
high= 20019.24
rev= 17592.41; mid= 18805.83


monthly info -no change (below mid)
trend=down
low= 17592.41
rev= 23527.52; mid= 20559.97



SHANGHAI Composite
-no change (below mid)
trend=no
direction=up (1 bar)
high= 2528.29
rev= 2317.28; mid= 2422.79


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



DAX
-no change (above mid)
trend=no
direction=up (1 bar)
high= 6346.19
rev= 5189.93; mid= 5768.06


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 5502.02
rev= 7514.46; mid= 6508.24



Athens
-no change (below mid)
trend=down
low= 664.24
rev= 797.95; mid= 731.10


monthly info new low 682.21
trend=down
low= 682.21
rev= 1204.15; mid= 943.18