Weekly 3LB Update 4/27/12

Weekly 3LB update (week ending 4/27/12)  
a new high or low will change the reversal price and the midpoint

SPX
-change (above mid)
trend=up
high= 1408.47
rev= 1369.63; mid= 1389.05


 monthly info MONTHLY CONFIRMATION new high 1408.47 
trend=no; direction=up (2 bars) 
high= 1408.47; rev= 1131.42; mid= 1269.95
 

Dow Jones
-change (above mid)
trend=no direction=down (1 bar)
low= 12849.59
rev= 13232.62; mid= 13041.11


 monthly info MONTHLY CONFIRMATION new high 13212.04 
trend=no; direction=up (2 bars) 
high= 13212.04; rev= 10913.38; mid= 12062.71
 

Dow Jones Transportation Avg
-change (above 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
-change (above mid)
trend=up
high= 3091.57
rev= 2988.34; mid= 3039.96  


 monthly info MONTHLY CONFIRMATION new high 3091.57 
trend=no; direction=up (2 bars) 
high= 3091.57; rev= 2415.40; mid= 2753.49
 

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
-no change (below mid)
trend=no
direction=down (2 bars)
low= 1630.10
rev= 1779.00; mid= 1704.55

 monthly info -no change (above mid) 
trend=up 
high= 1841.20; rev= 1452.50; mid= 1646.85
 

VIX
-no change (below mid)
trend=no direction=down (1 bar)
low= 14.47
rev= 20.79; mid= 18.63  


 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 (below mid)
trend=up
high= 110.31
rev= 102.20; mid= 106.26


 monthly info -no change (above mid) 
trend=no; direction=down (1 bar) 
low= 80.69; rev= 117.05; mid= 98.87
 

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

 monthly info -no change (below mid) 
trend=no; direction=up (1 bar) 
low= 27.73; rev= 20.11; mid= 23.92
 

30 Year Yield
-no change (below mid)
trend=no
direction=up (1 bar)
high= 34.11
rev= 28.55; mid= 31.33

 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 -change (above mid) 
trend=down 
low= 17.99; rev= 22.18; mid= 20.09
 

Silver
-no change (below 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= 28.00; rev= 48.83; mid= 38.42
 

EURUSD
-no change (above mid)
trend=no
direction=up (2 bars)
high= 1.3465
rev= 1.2677; mid= 1.3071  

monthly info -no change (below mid) 
trend=no; direction=down (2 bars) 
low= 1.2973; rev= 1.4782; mid= 1.3878
 

GS (Goldman Sachs)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 112.44
rev= 126.18; mid= 119.31  

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 282.70
trend=no
direction=up (1 bar)
high= 282.70
rev= 258.60; mid= 270.65  

 monthly info -no change (above mid) 
trend=no; direction=up (1 bar) 
high= 267.30; rev= 215.00; mid= 241.15
 

BALTIC DRY INDEX
WEEKLY CONFIRMATION new high 1156.00
trend=no
direction=up (2 bars)
high= 1156.00
rev= 647.00; mid= 901.50  

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

XLF (SPDR Financial)
-change (above mid)
trend=up
high= 15.80
rev= 14.89; mid= 15.35  


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

AUDJPY
-no change (below 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
-no change (above mid)
trend=no
direction=down (1 bar)
high= 1.23710
rev= 1.20050; mid= 1.21880

 monthly info MONTHLY REVERSAL new low 1.20870 
trend=no; direction=down (2 bars) 
low= 1.20870; rev= 1.31050; mid= 1.27596
 

CRB
-no change (below 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 low 104.56
trend=down
low= 104.56
rev= 107.83; mid= 106.20


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=no
direction=down (1 bar)
low= 9.63
rev= 10.76; mid= 10.20  

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= 3.171
rev= 4.022; mid= 3.597  


monthly info -change (below mid) 
trend=no; direction=down (1 bar) 
low= 3.171; rev= 4.571; mid= 3.871


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 (below mid)
trend=up
high= 45.98; rev= 41.03; mid= 43.51

BAC (Bank of America)
-no change (below mid)
trend=up
high= 9.85; rev= 8.07; mid= 8.96

WFC (Wells Fargo)
-no change (above mid)
trend=up
high= 34.14; rev= 31.28; mid= 32.71

AXP (American Express)
new high 60.17
trend=up
high= 60.17; rev= 57.25; mid= 58.71

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

M (Macy's)
WEEKLY REVERSAL new high 41.18
trend=no
direction=up (1 bar)
high= 41.18; rev= 39.10; mid= 40.14

BKX (KBW Bank Index)
-no change (above mid)
trend=up
high= 49.74; rev= 45.05; mid= 47.40

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 (above mid)
trend=no
direction=down (1 bar)
low= 111.43; rev= 122.32; mid= 116.88

AAPL (Apple Computer)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 572.98; rev= 633.68; mid= 603.33

V (Visa)
new high 123.52
trend=up
high= 123.52; rev= 118.78; mid= 121.15

XRT (SPDR Retail ETF)
new high 62.44
trend=up
high= 62.44; rev= 60.82; mid= 61.63

MUB (iShares S&P National AMT-Fre)
-no change (above mid)
trend=down
low= 107.92; rev= 110.40; mid= 109.16

IQI (Morgan Stanley Quality Muni)
-no change (above mid)
trend=no
direction=down (1 bar)
low= 13.21; rev= 14.33; mid= 13.77

JNK (SPDR Barclays Capital HY)
-change (above mid)
trend=no
direction=down (1 bar)
low= 38.97; rev= 39.96; mid= 39.47

EURCHF
-no change (below mid)
trend=down
low= 1.1910; rev= 1.2382; mid= 1.2146

USDJPY
WEEKLY REVERSAL new low 80.35
trend=no
direction=down (1 bar)
low= 80.35; rev= 83.30; mid= 81.83

EEM (MSCI Emerging Markets)
-no change (below mid)
trend=down
low= 42.16
rev= 43.79; mid= 42.98


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

NIKKEI
new low 9520.89
trend=down
low= 9520.89
rev= 9929.74; mid= 9725.32  

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

HANG SENG
-no change (below mid)
trend=no
direction=down (2 bars)
low= 20555.58
rev= 21562.26; mid= 21058.92  

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

SHANGHAI Composite
-no change (above mid)
trend=no
direction=down (2 bars)
low= 2262.79
rev= 2460.69; mid= 2361.74  

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

DAX
-no change (below mid)
trend=no
direction=down (2 bars)
low= 6583.90
rev= 7157.82; mid= 6870.86  

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

Athens
new low 695.76
trend=down
low= 695.76
rev= 797.35; mid= 746.56  

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

IBEX
-no change (below mid)
trend=down
low= 7040.60
rev= 7763.50; mid= 7402.05  


monthly info new low 8008.00 
trend=down 
low= 8008.00; rev= 8718.60; mid= 8363.30