Weekly 3LB Update 3/9/12

Weekly 3LB update (week ending 3/9/12)
a new high or low will change the reversal price and the midpoint

SPX
new high 1370.87
trend=up
high= 1370.87
rev= 1361.23; mid= 1366.05


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 2988.34
trend=up
high= 2988.34
rev= 2951.78; mid= 2970.06


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 (above 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
-no change (below mid)
trend=up
high= 1776.40
rev= 1664.00; mid= 1720.20


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= 100.96; mid= 105.37


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=down
low= 22.90
rev= 29.36; mid= 26.13


monthly info -no change (below mid)
trend=down
low= 23.18
rev= 33.97; mid= 28.58



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= 35.34
rev= 29.09; mid= 32.22


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 27.91
rev= 48.60; mid= 38.26



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)
-no change (above mid)
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 276.00
trend=up
high= 276.00
rev= 271.00; mid= 273.50


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 14.89
trend=up
high= 14.89
rev= 14.73; mid= 14.81


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



AUDJPY
-no change (above mid)
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 1.21300
trend=down
low= 1.21300
rev= 1.25770; mid= 1.23535


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)
WEEKLY REVERSAL new low 110.22
trend=no
direction=down (1 bar)
low= 110.22
rev= 116.0; mid= 113.11


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



AA (Alcoa)
-no 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= 3.152
rev= 3.976; mid= 3.564


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 3.152
rev= 4.497; mid= 3.825


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 41.03
trend=up
high= 41.03
rev= 38.28; mid= 39.66

BAC (Bank of America)
-no change (above mid)
trend=up
high= 8.13
rev= 5.78; mid= 6.96

WFC (Wells Fargo)
new high 31.66
trend=up
high= 31.66
rev= 30.63; mid= 31.15

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 39.67
trend=up
high= 39.67
rev= 36.25; mid= 37.96

BKX (KBW Bank Index)
new high 45.72
trend=up
high= 45.72
rev= 43.50; mid= 44.61

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)
-no change (below mid)
trend=up
high= 122.32
rev= 112.51; mid= 117.42

AAPL (Apple Computer)
-no change (above mid)
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 60.82
trend=up
high= 60.82
rev= 57.28; mid= 59.05

MUB (iShares S&P National AMT-Fre)
new low 109.48
trend=down
low= 109.48
rev= 112.68; mid= 111.08

IQI (Morgan Stanley Quality Muni)
new high 14.33
trend=up
high= 14.33
rev= 13.87; mid= 14.10

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

EURCHF
new low 1.1910
trend=down
low= 1.1910
rev= 1.2382; mid= 1.2146

USDJPY
new high 82.54
trend=up
high= 82.54
rev= 79.43; mid= 80.99



EEM (MSCI Emerging Markets)
WEEKLY REVERSAL new low 43.79
trend=no
direction=down (1 bar)
low= 43.79
rev= 44.64; mid= 44.22


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



NIKKEI
new high 9929.74
trend=up
high= 9929.74
rev= 9384.17; mid= 9656.96


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



HANG SENG
-change (below mid)
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
-no change (above mid)
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
-no change (above mid)
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