Weekly 3LB Update 1.4.13

Weekly 3LB update (week ending 1/4/13)
a new high or low will change the reversal price and the midpoint

SPX
WEEKLY REVERSAL new high 1466.47
trend=no
direction=up (1 bar)
high= 1466.47
rev= 1359.88; mid= 1413.18

monthly info -no change (above mid)
trend=up
high= 1440.67; rev= 1218.89; mid= 1329.78

Dow Jones
new high 13435.21
trend=up
high= 13435.21
rev= 12815.39; mid= 13125.30


monthly info -no change (below mid)
trend=up
high= 13437.13; rev= 12952.07; mid= 13194.60

Dow Jones Transportation Avg
WEEKLY REVERSAL new high 5534.06
trend=no
direction=up (1 bar)
high= 5534.06
rev= 4873.76; mid= 5203.91


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 3101.66
trend=up
high= 3101.66
rev= 2904.87; mid= 3003.27


monthly info -no change (above mid)
trend=up
high= 3116.23; rev= 2579.46; mid= 2847.85

DXY
-change (above mid)
trend=no
low= 78.83
rev= 81.62; mid= 80.23


monthly info -no change (above mid)
trend=up
high= 83.04; rev= 75.86; mid= 79.45

Gold
new low 1648.90
trend=down
low= 1648.90
rev= 1677.50; mid= 1663.20


monthly info -no change (above mid)
trend=up
high= 1850.50; rev= 1461.80; mid= 1656.15

VIX
-change (below mid)
trend=no
direction=down (1 bar)
low= 13.45
rev= 26.66; mid= 20.06


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=down
low= 85.81
rev= 93.61; mid= 89.71


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 83.70; rev= 120.06; mid= 101.88

Sugar #11
-no change (below mid)
trend=no
direction=up (1 bar)
high= 28.70
rev= 16.84; mid= 22.77


monthly info new low 19.34
trend=down
low= 19.34; rev= 21.87; mid= 20.61

30 Year Yield
-change (above mid)
trend=no
direction=down (2 bars)
low= 25.40
rev= 34.11; mid= 29.76


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 25.77; rev= 47.15; mid= 36.46

10 Year Yield
-change (above mid)
trend=down
low= 14.60
rev= 22.32; mid= 18.46



monthly info -no change (below mid)
trend=down
low= 14.92; rev= 18.71; mid= 16.82

Silver
new low 29.95
trend=down
low= 29.95
rev= 33.79; mid= 31.87


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 34.67; rev= 27.80; mid= 31.24

EURUSD
WEEKLY REVERSAL new low 1.3080
trend=no
direction=down (1 bar)
low= 1.3080
rev= 1.3231; mid= 1.3156


monthly info -no change (above mid)
trend=down
low= 1.2322; rev= 1.3452; mid= 1.2887

GS (Goldman Sachs)
new high 134.51
trend=up
high= 134.51
rev= 121.36; mid= 127.94


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

Lumber
-no change (above mid)
trend=up
high= 378.50
rev= 343.20; mid= 360.85


monthly info new high 340.00
trend=up
high= 340.00; rev= 320.20; mid= 330.10

Baltic Dry Index
-no change (below mid)
trend=down
low= 699.00
rev= 1049.00; mid= 874.00


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

XLF (SPDR Financial)
new high 17.05
trend=up
high= 17.05
rev= 13.77; mid= 15.41


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

AUDJPY
new high 0.9183
trend=up
high= 0.9183
rev= 0.8646; mid= 0.8915


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

YEN
new low 1.13540
trend=down
low= 1.13540
rev= 1.19830; mid= 1.16685


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 1.20870; rev= 1.31050; mid= 1.25960

Continuous Commodity Index
new low 551.25
trend=down
low= 551.25
rev= 565.17; mid= 558.21


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
low= 580.24; rev= 508.76; mid= 544.50

CAT (Caterpillar)
new high 94.92
trend=up
high= 94.92
rev= 82.82; mid= 88.87


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

AA (Alcoa)
-change (above mid)
trend=no
direction=down (1 bar)
low= 8.18
rev= 9.84; mid= 9.01


monthly info new low 8.41
trend=down
low= 8.41; rev= 8.65; mid= 8.53

Copper
-change (above mid)
trend=down
low= 3.204
rev= 4.055; mid= 3.630



monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 3.204; rev= 4.591; mid= 3.898

AAPL (Apple Computer)
-no change (below mid)
trend=down
low= 509.59
rev= 547.06; mid= 528.33



monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 595.32; rev= 667.10; mid= 631.21



BIDU (Baidu)
-no change (above mid)
trend=down
low= 89.36; rev= 105.09; mid= 97.23

JPM (JP Morgan Chase)
WEEKLY REVERSAL new high 45.36
trend=no
direction=up (1 bar)
high= 45.36; rev= 31.93; mid= 38.65

BAC (Bank of America)
new high 12.11
trend=up
high= 12.11; rev= 10.64; mid= 11.38

WFC (Wells Fargo)
WEEKLY CONFIRMATION new high 34.94
trend=no
direction=up (2 bars)
high= 34.94; rev= 31.94; mid= 33.44

AXP (American Express)
-change (above mid)
trend=no
direction=down (2 bars)
low= 53.43; rev= 60.17; mid= 56.80

AMZN (Amazon)
-no change (above mid)
trend=up
high= 261.27; rev= 177.28; mid= 219.28

M (Macy's)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 37.36; rev= 41.73; mid= 39.55

BKX (KBW Bank Index)
WEEKLY CONFIRMATION new high 53.73
trend=no
direction=up (2 bars)
high= 53.73; rev= 41.93; mid= 47.83

Powershares USD Bull (UUP)
-no change (below mid)
trend=down
low= 21.64; rev= 22.42; mid= 22.03

TLT (iShares Barclays 20+ Year Treas Bond)
-change (below mid)
trend=no
direction=up (2 bars)
high= 130.36; rev= 111.43; mid= 120.90

V (Visa)
new high 156.77
trend=up
high= 156.77; rev= 148.12; mid= 152.45

XRT (SPDR Retail ETF)
-change (above mid)
trend=up
high= 65.13; rev= 57.17; mid= 61.15

MUB (iShares S&P National AMT-Fre)
-no change (below mid)
trend=down
low= 110.42; rev= 113.41; mid= 111.92

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=down
low= 13.68; rev= 14.76; mid= 14.22

JNK (SPDR Barclays Capital HY)
WEEKLY CONFIRMATION new high 40.99
trend=no
direction=up (2 bars)
high= 40.99; rev= 39.74; mid= 40.37

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

USDJPY
new high 88.09
trend=up
high= 88.09; rev= 83.39; mid= 85.74

HYGLQD
-no change (above mid)
trend=no
direction=down (1 bar)
low= 0.7388; rev= 0.7914; mid= 0.7651

EEM (MSCI Emerging Markets)
new high 44.99
trend=up
high= 44.99
rev= 42.78; mid= 43.89



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

Nikkei
new high 10688.11
trend=up
high= 10688.11
rev= 9527.39; mid= 10107.75


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

Hang Seng
new high 23331.09
trend=up
high= 23331.09
rev= 22191.17; mid= 22761.13


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

Shanghai Composite
new high 2276.99
trend=up
high= 2276.99
rev= 2150.62; mid= 2213.81


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

DAX
new high 7776.37
trend=no
high= 7776.37
rev= 7517.80; mid= 7647.09



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

Athens
new high 964.19
trend=up
high= 964.19
rev= 874.54; mid= 919.37


monthly info MONTHLY CONFIRMATION new high 809.14
trend=no; direction=up (2 bars)
high= 809.14; rev= 525.45; mid= 667.30

IBEX
new high 8435.80
trend=up
high= 8435.80
rev= 8154.50; mid= 8295.15


monthly info -no change (above mid)
trend=down
low= 6089.80; rev= 8449.50; mid= 7269.65