Sunday, February 26, 2012

Weekly 3LB Update 2/24/12

Weekly 3LB update (week ending 2/24/12)
a new high or low will change the reversal price and the midpoint

SPX
new high 1365.74
trend=up
high= 1365.74
rev= 1316.33; mid= 1341.04


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 12982.95
trend=up
high= 12982.95
rev= 12720.48; mid= 12851.72


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
WEEKLY REVERSAL new low 5139.14
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 2963.75
trend=up
high= 2963.75
rev= 2816.55; mid= 2890.15


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




DXY
WEEKLY CONFIRMATION new low 78.35
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
new high 1776.40
trend=up
high= 1776.40
rev= 1667.20; mid= 1721.80


monthly info -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
new high 109.77
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= 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
-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 new low 17.99
trend=down
low= 17.99
rev= 22.18; mid= 20.09




Silver
new high 35.42
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
WEEKLY CONFIRMATION new high 1.3460
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 (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
new high 271.10
trend=up
high= 271.10
rev= 225.80; mid= 248.45


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




BALTIC DRY INDEX
-no change (below mid)
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)
-no change (above mid)
trend=up
high= 14.79
rev= 14.05; mid= 14.42


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




AUDJPY
new high 0.8636
trend=up
high= 0.8636
rev= 0.8206; mid= 0.8421


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




YEN
new low 1.23510
trend=down
low= 1.23510
rev= 1.31530; mid= 1.27520


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 116.00
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 (above 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)
-no change (above mid)
trend=up
high= 38.50
rev= 32.08; mid= 35.28

BAC (Bank of America)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 8.07
rev= 5.17; mid= 6.62

WFC (Wells Fargo)
-change (below mid)
trend=up
high= 31.09
rev= 29.61; mid= 30.35

AXP (American Express)
new high 53.33
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 37.06
trend=up
high= 37.06
rev= 35.38; mid= 36.22

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

Powershares USD Bull (UUP)
new low 21.81
trend=down
low= 21.81
rev= 22.72; mid= 22.27

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

AAPL (Apple Computer)
new high 522.41
trend=up
high= 522.41
rev= 459.68; mid= 491.05

V (Visa)
new high 117.54
trend=up
high= 117.54
rev= 107.03; mid= 112.29

XRT (SPDR Retail ETF)
-no change (above mid)
trend=up
high= 58.84
rev= 55.81; mid= 57.33

MUB (iShares S&P National AMT-Fre)
WEEKLY REVERSAL new low 110.40
trend=no
direction=down (1 bar)
low= 110.40
rev= 113.26; mid= 111.83

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

JNK (SPDR Barclays Capital HY)
new high 39.96
trend=up
high= 39.96
rev= 39.20; mid= 39.58

EURCHF
WEEKLY CONFIRMATION new low 1.2047
trend=no
direction=down (2 bars)
low= 1.2047
rev= 1.2395; mid= 1.2221

USDJPY
new high 80.97
trend=up
high= 80.97
rev= 75.87; mid= 78.42



EEM (MSCI Emerging Markets)
new high 44.19
trend=up
high= 44.19
rev= 42.40; mid= 43.30


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




NIKKEI
new high 9647.38
trend=up
high= 9647.38
rev= 8841.22; mid= 9649.38


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




HANG SENG
-no change (above mid)
trend=up
high= 21491.62
rev= 20501.67; mid= 20966.65


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




SHANGHAI Composite
new high 2439.33
trend=up
high= 2439.33
rev= 2330.40; mid= 2384.87


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




DAX
new high 6864.43
trend=up
high= 6864.43
rev= 6511.98; mid= 6688.21


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




Athens
-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