Weekly 3LB Update 2/3/12

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

SPX
new high 1344.90
trend=up
high= 1344.90
rev= 1289.09; mid= 1317.00


monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 1131.42
rev= 1363.61; mid= 1247.52



Dow Jones
new high 12862.23
trend=up
high= 12862.23
rev= 12359.92; mid= 12611.08


monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 10913.38
rev= 12810.54; mid= 11861.96



Dow Jones Transportation Avg
new high 5368.93
trend=up
high= 5368.93
rev= 5175.92; mid= 5272.43


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 2905.66
trend=up
high= 2905.66
rev= 2667.85; mid= 2786.76


monthly info -change (above mid)
trend=no; direction=down (2 bars)
low= 2415.40
rev= 2873.54; mid= 2644.47



DXY
-no change (below mid)
trend=no
direction=down (1 bar)
low= 78.90
rev= 81.51; mid= 80.21


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



Gold
new high 1740.30
trend=up
high= 1740.30
rev= 1601.10; mid= 1670.70


monthly info -change (above mid)
trend=up
high= 1835.40
rev= 1446.70; mid= 1641.05



VIX
new low 17.10
trend=down
low= 17.10
rev= 20.73; mid= 18.92


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



WTI Crude Oil
-change (below mid)
trend=up
high= 101.56
rev= 94.47; mid= 98.02


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



Sugar #11
-change (below mid)
trend=no
direction=up (1 bar)
high= 30.13
rev= 18.27; mid= 24.20


monthly info -no change (below mid)
trend=up
high= 28.60
rev= 20.98; mid= 24.79



30 Year Yield
-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 new low 17.99
trend=down
low= 17.99
rev= 22.18; mid= 20.09



Silver
-no change (above mid)
trend=no
direction=up (2 bars)
high= 33.79
rev= 27.91; mid= 30.85


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 (1 bar)
high= 1.3207
rev= 1.2672; mid= 1.2940


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 REVERSAL new high 117.53
trend=no
direction=up (1 bar)
high= 117.53
rev= 88.75; mid= 103.14


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



LUMBER
WEEKLY REVERSAL new high 262.50
trend=no
direction=up (1 bar)
high= 262.50
rev= 214.60; mid= 238.55


monthly info -no change (above mid)
trend=down
low= 213.50
rev= 255.30; mid= 234.40



BALTIC DRY INDEX
new low 647.00
trend=down
low= 647.00
rev= 1053.00; mid= 850.00


monthly info new low 680.00
trend=down
low= 680.00
rev= 3217.00; mid= 1948.50



XLF (SPDR Financial)
new high 14.73
trend=up
high= 14.73
rev= 12.13; mid= 13.43


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



AUDJPY
new high 0.8206
trend=up
high= 0.8206
rev= 0.8064; mid= 0.8135


monthly info -change (above mid)
trend=up
high= 0.8745
rev= 0.6998; mid= 0.7872



YEN
-no change (above mid)
trend=no
direction=down (1 bar)
low= 1.27960
rev= 1.32030; mid= 1.2995


monthly info new high 1.31050
trend=up
high= 1.31050
rev= 1.24330; mid= 1.27690



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)
new high 113.94
trend=up
high= 113.94
rev= 102.48; mid= 108.21


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



AA (Alcoa)
new high 10.76
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)
-change (above mid)
trend=no
direction=down (1 bar)
low= 106.91
rev= 157.07; mid= 131.99

JPM (JP Morgan Chase)
WEEKLY CONFIRMATION new high 38.28
trend=no
direction=up (2 bars)
high= 38.28
rev= 28.48; mid= 33.38

BAC (Bank of America)
WEEKLY REVERSAL new high 7.84
trend=no
direction=up (1 bar)
high= 7.84
rev= 5.17; mid= 6.51

WFC (Wells Fargo)
new high 30.63
trend=up
high= 30.63
rev= 28.94; mid= 29.79

AXP (American Express)
WEEKLY CONFIRMATION new high 52.25
trend=no
direction=up (2 bars)
high= 52.25
rev= 43.43; mid= 47.84

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 36.12
trend=up
high= 36.12
rev= 32.79; mid= 34.46

BKX (KBW Bank Index)
new high 45.05
trend=up
high= 45.05
rev= 35.49; mid= 40.27

Powershares USD Bull (UUP)
-no change (below mid)
trend=down
direction=down (2 bars)
low= 21.99
rev= 22.75; mid= 22.37

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 459.68
trend=up
high= 459.68
rev= 405.00; mid= 432.34

V (Visa)
new high 107.03
trend=up
high= 107.03
rev= 97.20; mid= 102.12

XRT (SPDR Retail ETF)
new high 56.90
trend=up
high= 56.90
rev= 47.15; mid= 52.03

MUB (iShares S&P National AMT-Fre)
-no change (above mid)
trend=up
high= 112.68
rev= 108.25; mid= 110.47

IQI (Morgan Stanley Quality Muni)
new high 14.02
trend=up
high= 14.02
rev= 13.44; mid= 13.73

JNK (SPDR Barclays Capital HY)
new high 39.49
trend=up
high= 39.49
rev= 38.40; mid= 38.95

EURCHF
-no change (below mid)
trend=no
direction=down (1 bar)
low= 1.2053
rev= 1.2395; mid= 1.2224

USDJPY
-no change (below mid)
trend=no
direction=up (1 bar)
high= 78.11
rev= 75.52; mid= 76.73



EEM (MSCI Emerging Markets)
WEEKLY CONFIRMATION new high 43.88
trend=no
direction=up (2 bars)
high= 43.88
rev= 35.10; mid= 39.49


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



NIKKEI
-no change (above mid)
trend=up
high= 8841.22
rev= 8374.91; mid= 8608.07


monthly info -no change (below mid)
trend=down
low= 8434.61
rev= 10546.44; mid= 9490.53



HANG SENG
new high 20756.98
trend=up
high= 20756.98
rev= 20019.24; mid= 20388.11


monthly info -no change (below mid)
trend=down
low= 17592.41
rev= 23527.52; mid= 20559.97



SHANGHAI Composite
new high 2330.40
trend=up
high= 2330.40
rev= 2199.42; mid= 2264.91


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



DAX
new high 6766.67
trend=up
high= 6766.67
rev= 6346.19; mid= 6556.43


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



Athens
new high 762.15
trend=up
high= 762.15
rev= 647.58; mid= 704.87


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