Friday, August 5, 2011

Weekly 3LB Update 8/5/11

Weekly 3LB update (week ending 8/5/11)
a new high or low will change the reversal price and the midpoint

SPX
new low 1199.38
trend=down
low= 1199.38
rev= 1329.15; mid= 1264.27


monthly info -no change (below mid)
trend=up
high= 1363.61
rev= 1257.64; mid= 1310.63




Dow Jones
WEEKLY REVERSAL new low 11444.61
trend=no
direction=down (1 bar)
low= 11444.61
rev= 12810.54; mid= 12127.58


monthly info -no change (below mid)
trend=up
high= 12810.54
rev= 11891.93; mid= 12351.24




Dow Jones Transportation Avg
WEEKLY REVERSAL new low 4693.59
trend=no
direction=down (1 bar)
low= 4693.59
rev= 5548.66; mid= 5121.13


monthly info -no change (below mid)
trend=up
high= 5514.87
rev= 4855.78; mid= 5185.33




Nasdaq Composite
WEEKLY CONFIRMATION new low 2532.41
trend=no
direction=down (2 bars)
low= 2532.41
rev= 2873.54; mid= 2702.98


monthly info -no change (below mid)
trend=up
high= 2873.54
rev= 2643.67; mid= 2763.21




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 1651.80
trend=up
high= 1651.80
rev= 1592.30; mid= 1622.05


monthly info new high 1631.20
trend=up
high= 1631.20
rev= 1427.20; mid= 1529.20




VIX
new high 32.00
trend=up
high= 32.00
rev= 18.86; mid= 25.43


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




WTI Crude Oil
new low 86.88
trend=down
low= 86.88
rev= 98.47; mid= 92.68


monthly info -no change (below mid)
trend=up
high= 115.22
rev= 81.62; mid= 98.42




Sugar #11
-no change (above mid)
trend=no
direction=up (2 bars)
high= 31.34
rev= 18.45; mid= 24.90


monthly info new high 29.70
trend=up
high= 29.70
rev= 22.91; mid= 26.31




30 Year Yield
WEEKLY CONFIRMATION new low 38.23
trend=no
direction=down (2 bars)
low= 38.23
rev= 44.02; mid= 41.13


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




10 Year Yield
WEEKLY CONFIRMATION new low 25.58
trend=no
direction=down (2 bars)
low= 25.58
rev= 31.97; mid= 28.78


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




Silver
-no change (above mid)
trend=up
high= 40.12
rev= 34.65; mid= 37.39


monthly info -no change (below mid)
trend=up
high= 48.61
rev= 30.98; mid= 39.80




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= 1.4820
rev= 1.3605; mid= 1.4213




GS (Goldman Sachs)
new low 125.18
trend=down
low= 125.18
rev= 134.99; mid= 130.09


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




LUMBER
WEEKLY REVERSAL new low 223.90
trend=no
direction=down (1 bar)
low= 223.90
rev= 260.50; mid= 242.20


monthly info -no change (below mid)
trend=no; direction=down (2 barS)
low= 243.50
rev= 357.20; mid= 300.35




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


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




XLF (SPDR Financial)
new low 13.43
trend=down
low= 13.43
rev= 15.22; mid= 14.33


monthly info -no change (below mid)
trend=no; direction=up (2 bars)
high= 16.85
rev= 13.55; mid= 15.20




AUDJPY
WEEKLY REVERSAL new low 0.8153
trend=no
direction=down (1 bar)
low= 0.8153
rev= 0.8852; mid= 0.8503


monthly info -no change (above mid)
trend=up
high= 0.8845
rev= 0.7114; mid= 0.7980




YEN
-no change (above mid)
trend=up
high= 1.30080
rev= 1.25020; mid= 1.27550


monthly info new high 1.30080
trend=up
high= 1.30080
rev= 1.18960; mid= 1.24520




CRB
new low 326.81
trend=down
low= 326.81
rev= 337.35; mid= 332.08


monthly info -no change (below mid)
trend=up
low= 338.05
rev= 370.56; mid= 354.31




CAT (Caterpillar)
WEEKLY REVERSAL new low 90.99
trend=no
direction=down (1 bar)
low= 90.99
rev= 110.41; mid= 100.70


monthly info -no change (below mid)
trend=up
high= 115.41
rev= 97.01; mid= 106.21




AA (Alcoa)
WEEKLY REVERSAL new low 12.79
trend=no
direction=down (1 bar)
low= 12.79
rev= 16.38; mid= 14.59


monthly info -no change (above 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)
WEEKLY REVERSAL new low 37.60
trend=no
direction=down (1 bar)
low= 37.60
rev= 42.19; mid= 39.90

BAC (Bank of America)
new low 8.17
trend=down
low= 8.17
rev= 10.52; mid= 9.35

WFC (Wells Fargo)
WEEKLY REVERSAL new low 25.21
trend=no
direction=down (1 bar)
low= 25.21
rev= 29.14; mid= 27.18

AXP (American Express)
WEEKLY CONFIRMATION new low 47.21
trend=no
direction=down (2 bars)
low= 47.21
rev= 53.07; mid= 50.14

AMZN (Amazon)
-no change (below mid)
trend=up
high= 222.52
rev= 202.56; mid= 212.54

M (Macy's)
WEEKLY CONFIRMATION new low 26.54
trend=no
direction=down (2 bars)
low= 26.54
rev= 30.50; mid= 28.52

BKX (KBW Bank Index)
WEEKLY CONFIRMATION new low 41.42
trend=no
direction=down (2 bars)
low= 41.42
rev= 47.82; mid= 44.62

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)
WEEKLY CONFIRMATION new high 102.32
trend=no
direction=up (2 bars)
high= 102.32
rev= 93.63; mid= 97.98

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)
WEEKLY REVERSAL new low 48.69
trend=no
direction=down (1 bar)
low= 48.69
rev= 55.91; mid= 52.30

MUB (iShares S&P National AMT-Fre)
WEEKLY CONFIRMATION new high 104.97
trend=no
direction=up (2 bars)
high= 104.97
rev= 102.87; mid= 103.92

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)
new low 38.34
trend=down
low= 38.34
rev= 39.70; mid= 39.02

COPPER
-no change (below mid)
trend=no
direction=down (2 bars)
low= 3.976
rev= 4.615; mid= 4.296

EURCHF
new low 1.0910
trend=down
low= 1.0910
rev= 1.1830; mid= 1.1370



EEM (MSCI Emerging Markets)
new low 42.58
trend=down
low= 42.58
rev= 46.47; mid= 44.53


monthly info -no change (below mid)
trend=up
high= 50.00
rev= 46.12; mid= 48.05




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


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




HANG SENG
new low 20946.14
trend=down
low= 20946.14
rev= 23757.63; mid= 22351.89


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 22398.10
rev= 23720.81; mid= 23059.46




SHANGHAI Composite
new low 2626.42
trend=down
low= 2626.42
rev= 2709.95; mid= 2668.19


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




DAX
WEEKLY REVERSAL new low 6236.16
trend=no
direction=down (1 bar)
low= 6236.16
rev= 7514.46; mid= 6875.31


monthly info -no change (below mid)
trend=up
high= 7514.46
rev= 6914.19; mid= 7214.33




Athens
WEEKLY CONFIRMATION new low 1062.00
trend=no
direction=down (2 bars)
low= 1062.00
rev= 1308.48; mid= 1185.24


monthly info new low 1204.15
trend=down
low= 1204.15
rev= 1419.67; mid= 1311.91