Saturday, February 5, 2011

Weekly 3LB Update for week ending 2/4/11

Weekly 3LB update (week ending 2/4/11)
a new high or low will change the reversal price and the midpoint


SPX
new high 1310.87
trend=up
high= 1310.87
rev= 1257.64; mid= 1284.26


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 12092.15
trend=up
high= 12092.15
rev= 11674.76; mid= 11883.46


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




Dow Jones Transportation Avg
-no change (below mid)
trend=no
direction=down (2 bars)
low= 4994.87
rev= 5228.30; mid= 5111.59


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




Nasdaq Composite
new high 2769.30
trend=up
high= 2769.30
rev= 2665.60; mid= 2717.45


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




DXY
new low 78.04
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 (below 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 (above 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
new high 47.37
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
new high 36.52
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 (below 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 (below 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
new low 1043.00
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)
-no change (above mid)
trend=up
high= 16.70
rev= 15.87; mid= 16.29


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 (above 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
new high 338.92
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 99.59
trend=up
high= 99.59
rev= 92.59; mid= 96.09


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



BIDU (Baidu)
WEEKLY REVERSAL new high 117.68
trend=no
direction=up (1 bar)
high= 117.68
rev= 96.53; mid= 107.11

JPM (JP Morgan Chase)
-no change (above mid)
trend=up
high= 45.29
rev= 42.42; mid= 43.86

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)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 171.00
rev= 188.75; mid= 179.88

M (Macy's)
new low 22.82
trend=down
low= 22.82
rev= 25.57; mid= 24.20

BKX (KBW Bank Index)
-no change (above mid)
trend=up
high= 54.70
rev= 51.77; mid= 53.24

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)
new low 88.81
trend=down
low= 88.81
rev= 92.35; mid= 90.58

AAPL (Apple Computer)
-no change (above mid)
trend=up
high= 348.48
rev= 320.61; mid= 334.55

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

XRT (SPDR Retail ETF)
-no change (above mid)
trend=down
low= 46.29
rev= 48.14; mid= 47.22

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

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



MSCI Emerging Markets
-no change (above 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 10543.52
trend=up
high= 10543.52
rev= 10303.83; mid= 10423.68


monthly info -no change
trend=no; direction=down (1 bar)
low= 8824.06
rev= 11089.94; mid= 9957.00




HANG SENG
-no change (above 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
-no change (below mid)
trend=up
high= 2108.17
rev= 2037.53; mid= 2072.85


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




Athens
new high 1661.68
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

Sunday, January 30, 2011

Weekly 3LB Update for week ending 1/28/11

Weekly 3LB update (week ending 1/28/11)
a new high or low will change the reversal price and the midpoint


SPX
-no change (above mid…barely)
trend=up
high= 1293.24
rev= 1256.77; mid= 1275.01


monthly info MONTHLY REVERSAL new high 1257.64
trend=no; direction=up (1 bar)
low= 1257.64
rev= 1030.71; mid= 1144.18




Dow Jones
-no change (above mid)
trend=up
high= 11871.84
rev= 11577.51; mid= 11724.68


monthly info new high 11577.51
trend=no; direction=up (2 bars)
high= 11577.51
rev= 9774.02; mid= 10675.77




Dow Jones Transportation Avg
WEEKLY CONFIRMATION new low 4994.87
trend=no
direction=down (2 bars)
low= 4994.87
rev= 5228.30; mid= 5111.59


monthly info new high 5106.75
trend=up
high= 5106.75
rev= 4374.62; mid= 4740.69




Nasdaq Composite
-no change (below mid)
trend=up
high= 2755.30
rev= 2642.97; mid= 2699.14


monthly info new high 2652.87
trend=no; direction=up (2 bars)
high= 2652.87
rev= 2109.24; mid= 2381.06




DXY
new low 78.14
trend=down
low= 78.14
rev= 80.47; mid= 79.31


monthly info -no change
trend=no; direction=down (2 bars)
low= 77.27
rev= 86.59; mid= 81.93




Gold
-no change (below mid)
trend=down
low= 1341.00
rev= 1406.20; mid= 1373.60


monthly info new high 1421.40
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 (below mid)
trend=no; direction=up (2 bars)
high= 34.54
rev= 17.59; mid= 26.07




WTI Crude Oil
-no change (above mid)
trend=down
low= 75.16
rev= 93.23; mid= 84.20


monthly info -no change (above mid)
trend=down
low= 57.40
rev= 93.92; mid= 75.66




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 32.12
trend=no; direction=up (2 bars)
high= 32.12
rev= 10.40; mid= 21.26




30 Year Yield
-no change (at mid)
trend=up
high= 45.74
rev= 44.75; mid= 45.25


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




10 Year Yield
-no change (below mid)
trend=up
high= 34.16
rev= 32.96; mid= 33.56


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




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


monthly info new high 30.18
trend=up
high= 30.18
rev= 21.31; mid= 25.75




EURUSD
WEEKLY CONFIRMATION new high 1.3609
trend=no
direction=up (2 bars)
high= 1.3609
rev= 1.2929; mid= 1.3269


monthly info -no change (below mid)
trend=no; direction=up (2 bars)
high= 1.3888
rev= 1.2245; mid= 1.3067




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


monthly info -no change (above mid)
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 MONTHLY REVERSAL new high 302.00
trend=no; direction=up (1 bar)
high= 302.00
rev= 208.90; mid= 255.45




BALTIC DRY INDEX
new low 1137.00
trend=down
low= 1137.00
rev= 1519.00; mid= 1328.00


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




XLF (SPDR Financial)
-no change (below mid) - confirmed bearish harami
trend=up
high= 16.70
rev= 15.87; mid= 16.29


monthly info -no change (at rev)
trend=down
low= 13.55
rev= 15.95; mid= 14.75




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


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




YEN
-no change (above 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
new high 335.44
trend=up
high= 335.44
rev= 332.80; mid= 334.12


monthly info new high 332.80
trend=up
high= 332.80
rev= 286.86; mid= 309.83




CAT (Caterpillar)
new high 95.67
trend=up
high= 95.67
rev= 89.94; mid= 92.81


monthly info new high 93.66
trend=up
high= 93.66
rev= 69.75; mid= 81.71



BIDU (Baidu)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 96.53
rev= 110.64; mid= 103.59

JPM (JP Morgan Chase)
-no change (above mid)
trend=up
high= 45.29
rev= 42.42; mid= 43.86

BAC (Bank of America)
-no change (below mid) - confirmed bearish harami
trend=up
high= 15.25
rev= 13.06; mid= 14.16

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

AMZN (Amazon)
WEEKLY CONFIRMATION new low 171.00
trend=no
direction=down (2 bars)
low= 171.00
rev= 188.75; mid= 179.88

M (Macy's)
WEEKLY CONFIRMATION new low 22.96
trend=no
direction=down (2 bars)
low= 22.96
rev= 26.00; mid= 24.48

BKX (KBW Bank Index)
-no change (below mid)
trend=up
high= 54.70
rev= 51.77; mid= 53.24

Powershares USD Bull (UUP)
-no change (below 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= 91.52
rev= 92.93; mid= 92.23

AAPL (Apple Computer)
-no change (above mid)
trend=up
high= 348.48
rev= 320.61; mid= 334.55

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

XRT (SPDR Retail ETF)
new low 46.29
trend=down
low= 46.29
rev= 48.14; mid= 47.22

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

IQI (Morgan Stanley Quality Muni)
-no change (above mid) - confirmed bullish piercing (barely)
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 new high 1155.90
trend=up
high= 1155.90
rev= 903.00; mid= 1029.45




NIKKEI
-no change (below mid) - didn't confirm bearish engulfing
trend=up
high= 10541.04
rev= 10211.95; mid= 10376.50


monthly info -no change (above mid)
trend=no; direction=down (1 bar)
low= 8824.06
rev= 11089.94; mid= 9957.00




HANG SENG
-no change (below mid) - confirmed dark cloud cover
trend=up
high= 24876.82
rev= 22358.17; mid= 23617.50


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 23096.32
rev= 19766.71; mid= 21431.52




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


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




KOSPI
-no change (above mid)
trend=up
high= 2108.17
rev= 2037.53; mid= 2072.85


monthly info new high 2051.00
trend=up
high= 2051.00
rev= 1872.81; mid= 1961.91




Athens
WEEKLY CONFIRMATION new high 1591.23
trend=no
direction=up (2 bars)
high= 1591.23
rev= 1390.84; mid= 1491.04


monthly info new low 1413.94
trend=down
low= 1413.94
rev= 1570.22; mid= 1492.08