Friday, August 12, 2011

Weekly 3LB Update 8/12/11

Weekly 3LB update (week ending 8/12/11)
a new high or low will change the reversal price and the midpoint

SPX
new low 1178.81
trend=down
low= 1178.81
rev= 1270.98; mid= 1224.90


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




Dow Jones
WEEKLY CONFIRMATION new low 11269.02
trend=no
direction=down (2 bars)
low= 11269.02
rev= 12810.54; mid= 12039.78


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




Dow Jones Transportation Avg
WEEKLY CONFIRMATION new low 4622.58
trend=no
direction=down (2 bars)
low= 4622.58
rev= 5548.66; mid= 5085.62


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




Nasdaq Composite
new low 2507.98
trend=down
low= 2507.98
rev= 2715.61; mid= 2611.80


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 1742.60
trend=up
high= 1742.60
rev= 1603.70; mid= 1673.15


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




VIX
new high 36.36
trend=up
high= 36.36
rev= 21.85; mid= 29.11


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 85.38
trend=down
low= 85.38
rev= 93.76; mid= 89.57


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
new low 37.03
trend=down
low= 37.03
rev= 41.84; mid= 39.44


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




10 Year Yield
new low 22.37
trend=down
low= 22.37
rev= 29.44; mid= 25.91


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 116.64
trend=down
low= 116.64
rev= 130.91; mid= 123.69


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




LUMBER
-no change (below mid)
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 12.78
trend=down
low= 12.78
rev= 14.83; mid= 13.81


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




AUDJPY
WEEKLY CONFIRMATION new low 0.7910
trend=no
direction=down (2 bars)
low= 0.7910
rev= 0.8852; mid= 0.8381


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




YEN
new high 1.30250
trend=up
high= 1.30250
rev= 1.26530; mid= 1.28390


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




CRB
new low 326.53
trend=down
low= 326.53
rev= 335.48; mid= 331.01


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




CAT (Caterpillar)
WEEKLY CONFIRMATION new low 89.81
trend=no
direction=down (2 bars)
low= 89.81
rev= 110.41; mid= 100.11


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




AA (Alcoa)
WEEKLY CONFIRMATION new low 12.26
trend=no
direction=down (2 bars)
low= 12.26
rev= 16.38; mid= 14.32


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 CONFIRMATION new low 35.91
trend=no
direction=down (2 bars)
low= 35.91
rev= 42.19; mid= 39.05

BAC (Bank of America)
new low 7.19
trend=down
low= 7.19
rev= 10.00; mid= 8.60

WFC (Wells Fargo)
WEEKLY CONFIRMATION new low 24.13
trend=no
direction=down (2 bars)
low= 24.13
rev= 29.14; mid= 26.64

AXP (American Express)
new low 44.89
trend=down
low= 44.89
rev= 52.34; mid= 48.62

AMZN (Amazon)
WEEKLY REVERSAL new low 202.30
trend=no
direction=down (1 bar)
low= 202.30
rev= 222.52; mid= 212.41

M (Macy's)
new low 25.55
trend=down
low= 25.55
rev= 30.42; mid= 27.99

BKX (KBW Bank Index)
new low 37.72
trend=down
low= 37.72
rev= 46.32; mid= 42.02

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)
new high 105.57
trend=up
high= 105.57
rev= 96.47; mid= 101.02

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 CONFIRMATION new low 47.15
trend=no
direction=down (2 bars)
low= 47.15
rev= 55.91; mid= 51.53

MUB (iShares S&P National AMT-Fre)
-no change (above mid)
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 37.69
trend=down
low= 37.69
rev= 39.52; mid= 38.61

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

EURCHF
-no change (below mid)
trend=down
low= 1.0910
rev= 1.1830; mid= 1.1370



EEM (MSCI Emerging Markets)
new low 41.27
trend=down
low= 41.27
rev= 45.79; mid= 43.53


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




NIKKEI
new low 8963.72
trend=down
low= 8963.72
rev= 10526.76; mid= 9745.24


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 19620.01
trend=down
low= 19620.01
rev= 22300.23; mid= 20960.12


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 2593.17
trend=down
low= 2593.17
rev= 2705.14; mid= 2649.16


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




DAX
WEEKLY CONFIRMATION new low 5997.74
trend=no
direction=down (2 bars)
low= 5997.74
rev= 7514.46; mid= 6756.10


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




Athens
new low 991.14
trend=down
low= 991.14
rev= 1252.38; mid= 1121.76


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