Weekly 3LB Update 3/2/12

Weekly 3LB update (week ending 3/2/12)
a new high or low will change the reversal price and the midpoint

SPX
new high 1369.63
trend=up
high= 1369.63
rev= 1344.90; mid= 1357.27


monthly info MONTHLY REVERSAL new high 1365.68
trend=no; direction=up (1 bar)
high= 1365.68
rev= 1131.42; mid= 1248.55



Dow Jones
-no change (above mid)
trend=up
high= 12982.95
rev= 12720.48; mid= 12851.72


monthly info MONTHLY REVERSAL new high 12952.07< trend=no; direction=up (1 bar) high= 12952.07 rev= 10913.38; mid= 11932.73



Dow Jones Transportation Avg
-no change (below mid)
trend=no
direction=down (1 bar)
low= 5139.14
rev= 5368.93; mid= 5254.04


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



Nasdaq Composite
new high 2976.19
trend=up
high= 2976.19
rev= 2905.66; mid= 2940.93


monthly info MONTHLY REVERSAL new high 2966.89
trend=no; direction=up (1 bar)
high= 2966.89
rev= 2415.40; mid= 2691.15



DXY
-no change (below mid)
trend=no
direction=down (2 bars)
low= 78.35
rev= 81.51; mid= 79.93


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 80.18
rev= 72.93; mid= 76.56



Gold
-change (below mid)
trend=up
high= 1776.40
rev= 1667.20; mid= 1721.80


monthly info -no change (above mid)
trend=up
high= 1835.40
rev= 1446.70; mid= 1641.05



VIX
-no change (below mid)
trend=no
direction=up (1 bar)
high= 20.79
rev= 17.10; mid= 18.95


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



WTI Crude Oil
-no change (above mid)
trend=up
high= 109.77
rev= 101.66; mid= 105.72


monthly info -no change (above mid)
trend=no; direction=down (1 bar)
low= 79.81
rev= 116.17; mid= 97.99



Sugar #11
-no change (above mid)
trend=no
direction=up (1 bar)
high= 29.26
rev= 17.40; mid= 23.33


monthly info -change (above mid)
trend=up
high= 28.60
rev= 20.98; mid= 24.79



30 Year Yield
-no change (above mid)
trend=down
low= 28.55
rev= 33.11; mid= 30.83


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=down
low= 17.99
rev= 22.18; mid= 20.09



Silver
-no change (above mid)
trend=up
high= 35.42
rev= 29.17; mid= 32.30


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 27.91
rev= 48.74; mid= 38.33



EURUSD
-no change (above mid)
trend=no
direction=up (2 bars)
high= 1.3460
rev= 1.2672; mid= 1.3066


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 1.2968
rev= 1.4764; mid= 1.3866



GS (Goldman Sachs)
WEEKLY CONFIRMATION new high 119.96
trend=no
direction=up (2 bars)
high= 119.96
rev= 88.75; mid= 104.36


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



LUMBER
new high 275.50
trend=up
high= 275.50
rev= 262.50; mid= 269.00


monthly info MONTHLY REVERSAL new high 265.80
trend=no; direction=up (1 bar)
high= 265.80
rev= 213.50; mid= 239.65



BALTIC DRY INDEX
-no change (below mid)
trend=down
low= 647.00
rev= 1053.00; mid= 850.00


monthly info -no change (below mid)
trend=down
low= 680.00
rev= 3217.00; mid= 1948.50



XLF (SPDR Financial)
new high 14.86
trend=up
high= 14.86
rev= 14.14; mid= 14.50


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



AUDJPY
new high 0.8765
trend=up
high= 0.8765
rev= 0.8242; mid= 0.8504


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



YEN
new low 1.22220
trend=down
low= 1.22220
rev= 1.27960; mid= 1.25090


monthly info MONTHLY REVERSAL new low 1.23050
trend=no; direction=down (1 bar)
low= 1.23050
rev= 1.31050; mid= 1.27050



CRB
-no change (above mid)
trend=down
low= 295.00
rev= 326.53; mid= 310.77


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 298.15
rev= 370.56; mid= 334.36



CAT (Caterpillar)
-change (below mid)
trend=up
high= 116.00
rev= 111.28; mid= 113.64


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



AA (Alcoa)
-change (below mid)
trend=up
high= 10.76
rev= 9.80; mid= 10.28


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 8.65
rev= 17.66; mid= 13.16



COPPER
-no change (above 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= 3.163
rev= 4.562; mid= 3.863


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)
new high 40.63
trend=up
high= 40.63
rev= 37.36; mid= 39.00

BAC (Bank of America)
new high 8.13
trend=up
high= 8.13
rev= 5.78; mid= 6.96

WFC (Wells Fargo)
new high 31.28
trend=up
high= 31.28
rev= 30.54; mid= 30.91

AXP (American Express)
-no change (above mid)
trend=up
high= 53.33
rev= 52.10; mid= 52.72

AMZN (Amazon)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 173.10
rev= 246.71; mid= 209.91

M (Macy's)
new high 38.31
trend=up
high= 38.31
rev= 36.12; mid= 37.22

BKX (KBW Bank Index)
-no change (above mid)
trend=up
high= 45.59
rev= 43.44; mid= 44.52

Powershares USD Bull (UUP)
-no change (below mid)
trend=down
low= 21.81
rev= 22.72; mid= 22.27

TLT (iShares Barclays 20+ Year Treas Bond)
-change (below mid)
trend=up
high= 122.32
rev= 112.51; mid= 117.42

AAPL (Apple Computer)
new high 545.18
trend=up
high= 545.18
rev= 493.42; mid= 519.30

V (Visa)
-no change (above mid)
trend=up
high= 117.54
rev= 107.03; mid= 112.29

XRT (SPDR Retail ETF)
new high 59.51
trend=up
high= 59.51
rev= 56.90; mid= 58.21

MUB (iShares S&P National AMT-Fre)
WEEKLY CONFIRMATION new low 110.10
trend=no
direction=down (2 bars)
low= 110.10
rev= 113.26; mid= 111.68

IQI (Morgan Stanley Quality Muni)
new high 14.30
trend=up
high= 14.30
rev= 13.74; mid= 14.02

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=up
high= 39.96
rev= 39.20; mid= 39.58

EURCHF
-no change (below mid)
trend=no
direction=down (2 bars)
low= 1.2047
rev= 1.2395; mid= 1.2221

USDJPY
new high 81.80
trend=up
high= 81.80
rev= 77.93; mid= 79.87



EEM (MSCI Emerging Markets)
new high 44.64
trend=up
high= 44.64
rev= 43.88; mid= 44.26


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



NIKKEI
new high 9777.03
trend=up
high= 9777.03
rev= 8947.17; mid= 9362.10


monthly info -change (above mid)
trend=down
low= 8434.61
rev= 10546.44; mid= 9490.53



HANG SENG
new high 21562.26
trend=up
high= 21562.26
rev= 20756.98; mid= 21159.62


monthly info -change (above mid)
trend=down
low= 17592.41
rev= 23527.52; mid= 20559.97



SHANGHAI Composite
new high 2460.69
trend=up
high= 2460.69
rev= 2351.98; mid= 2406.34


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



DAX
new high 6921.37
trend=up
high= 6921.37
rev= 6766.67; mid= 6844.02


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



Athens
-no change (below mid)
trend=up
high= 824.26
rev= 745.67; mid= 784.97


monthly info -no change (below mid)
trend=down
low= 680.42
rev= 915.98; mid= 798.20