Weekly 3LB Update for week ending 4/8/11

Weekly 3LB update (week ending 4/8/11)
a new high or low will change the reversal price and the midpoint


SPX
-no change (above mid)
trend=no
direction=down (1 bar)
low= 1279.20
rev= 1343.01; mid= 1311.11


monthly info -no change (above mid)
trend=up
high= 1327.22
rev= 1089.41; mid= 1208.32



Dow Jones
-no change (above mid)
trend=no
direction=down (1 bar)
low= 11858.52
rev= 12391.25; mid= 12124.89


monthly info new high 12319.73
trend=up
high= 12319.73
rev= 11577.51; mid= 11948.62



Dow Jones Transportation Avg
-no change (above mid)
trend=up
high= 5370.47
rev= 5045.62; mid= 5208.05


monthly info new high 5299.89
trend=up
high= 5299.89
rev= 4754.29; mid= 5027.09



Nasdaq Composite
-no change (above mid)
trend=no
direction=down (2 bars)
low= 2643.67
rev= 2833.95; mid= 2738.81


monthly info -no change (above mid)
trend=up
high= 2782.27
rev= 2507.41; mid= 2644.84



DXY
new low 75.07
trend=down
low= 75.07
rev= 77.28; mid= 76.18


monthly info new low 75.86
trend=down
low= 75.86
rev= 78.72; mid= 77.29



Gold
new high 1474.10
trend=up
high= 1474.10
rev= 1389.90; mid= 1432.00


monthly info new high 1439.90
trend=up
high= 1439.90
rev= 1362.20; mid= 1401.05



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
new high 112.79
trend=up
high= 112.79
rev= 105.39; mid= 109.09


monthly info MONTHLY REVERSAL new high 106.72
trend=down
high= 106.72
rev= 79.74; mid= 93.23



Sugar #11
-no change (below mid)
trend=no
direction=up (2 bars)
high= 30.92
rev= 23.09; mid= 27.01


monthly info -no change (below mid)
trend=up
high= 33.97
rev= 22.73; mid= 28.35



30 Year Yield
-no change (above mid)
trend=no
direction=down (1 bar)
low= 44.29
rev= 47.37; mid= 45.83


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



10 Year Yield
-no change (above mid)
trend=no
direction=down (1 bar)
low= 32.77
rev= 36.52; mid= 34.65


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



Silver (SLV)
new high 39.86
trend=up
high= 39.86
rev= 35.03; mid= 37.45


monthly info new high 36.77
trend=up
high= 36.77
rev= 27.44; mid= 32.11



EURUSD
new high 1.4414
trend=up
high= 1.4414
rev= 1.3964; mid= 1.4189


monthly info new high 1.4181
trend=up
high= 1.4181
rev= 1.2302; mid= 1.3242



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
WEEKLY REVERSAL new low 257.20
trend=no
direction=down (1 bar)
low= 257.20
rev= 347.40; mid= 302.30


monthly info -no change - bearish thrusting
trend=no; direction=up (1 bar)
high= 316.10
rev= 223.00; mid= 269.55



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


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



XLF (SPDR Financial)
-no change (below mid)
trend=up
high= 17.18
rev= 16.22; mid= 16.70


monthly info MONTHLY CONFIRMATION new high 16.85
trend=no; direction=up (2 bars)
high= 16.85
rev= 13.55; mid= 15.20



AUDJPY
new high 0.8864
trend=up
high= 0.8864
rev= 0.8241; mid= 0.8553


monthly info MONTHLY REVERSAL new high 0.8522
trend=up
high= 0.8522
rev= 0.7114; mid= 0.7818



YEN
WEEKLY REVERSAL new low 1.17910
trend=no
direction=down (1 bar)
low= 1.17910
rev= 1.24100; mid= 1.21005


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



CRB
new high 368.70
trend=up
high= 368.70
rev= 341.78; mid= 355.24


monthly info new high 359.43
trend=up
high= 359.43
rev= 332.80; mid= 346.12



CAT (Caterpillar)
-no change (above mid)
trend=up
high= 113.12
rev= 103.54; mid= 108.33


monthly info new high 111.35
trend=up
high= 111.35
rev= 93.66; mid= 102.51


BIDU (Baidu)
new high 141.88
trend=up
high= 141.88
rev= 129.58; mid= 135.73

JPM (JP Morgan Chase)
-no change (above mid)
trend=up
high= 48.00
rev= 44.91; mid= 46.46

BAC (Bank of America)
-no change (below 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 (above mid)
trend=no
direction=down (2 bars)
low= 161.82
rev= 189.25; mid= 175.54

M (Macy's)
-no change (above mid)
trend=down
low= 22.82
rev= 25.57; mid= 24.20

BKX (KBW Bank Index)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 51.82
rev= 55.56; mid= 53.69

Powershares USD Bull (UUP)
new low 21.50
trend=down
low= 21.50
rev= 22.18; mid= 21.84

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (below mid)
trend=no
direction=up (1 bar)
high= 93.46
rev= 88.81; mid= 91.14

AAPL (Apple Computer)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 330.67
rev= 360.00; mid= 345.34

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 51.97
trend=up
high= 51.97
rev= 49.68; mid= 50.83

MUB (iShares S&P National AMT-Fre)
-no change (above 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

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 (above mid)
trend=up
high= 4.596
rev= 4.176; mid= 4.386



MSCI Emerging Markets
WEEKLY CONFIRMATION new high 1206.00
trend=no
direction=up (2 bars)
high= 1206.00
rev= 1072.90; mid= 1139.45


monthly info new high 1168.10
trend=up
high= 1168.10
rev= 1074.20; mid= 1121.15



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


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


monthly info new high 23527.52
trend=up
high= 23527.52
rev= 22358.17; mid= 22942.85



SHANGHAI Composite
new high 3030.02
trend=up
high= 3030.02
rev= 2899.79; mid= 2964.91


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



KOSPI
WEEKLY CONFIRMATION new high 2127.97
trend=no
direction=up (2 bars)
high= 2127.97
rev= 1955.54; mid= 2041.76


monthly info new high 2106.70
trend=up
high= 2106.70
rev= 1904.63; mid= 2005.67



Athens
-no change (below mid)
trend=no
direction=down (1 bar)
low= 1526.60
rev= 1715.13; mid= 1620.87


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