Weekly 3LB Update 2/1/13

Weekly 3LB update (week ending 1/25/13)
a new high or low will change the reversal price and the midpoint

SPX
new high 1502.96
trend=up
high= 1502.96
rev= 1466.47; mid= 1484.72


monthly info new high 1498.11
trend=up
high= 1498.11; rev= 1365.58; mid= 1431.90

Dow Jones
new high 13895.98
trend=up
high= 14009.79
rev= 13488.43; mid= 13749.11


monthly info new high 13860.58
trend=up
high= 13860.58; rev= 13212.04; mid= 13536.31

Dow Jones Transportation Avg
-no change (above mid)
trend=up
high= 5870.05
rev= 5534.06; mid= 5702.06


monthly info MONTHLY REVERSAL new high 5804.23
trend=no; direction=up (1 bar)
high= 5804.23; rev= 4189.37; mid= 4996.80

Nasdaq Composite
new high 3179.10
trend=up
high= 3179.10
rev= 3125.64; mid= 3152.37


monthly info new high 3142.13
trend=up
high= 3142.13; rev= 2966.89; mid= 3054.51

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


monthly info -change (below mid)
trend=up
high= 83.04; rev= 75.86; mid= 79.45

Gold
-change (above mid)
trend=no
direction=up (1 bar)
high= 1688.90
rev= 1650.80; mid= 1669.85


monthly info -no change (above mid)
trend=up
high= 1852.40; rev= 1463.70; mid= 1658.05

VIX
-no change (below mid)
trend=down
low= 12.46
rev= 25.10; mid= 18.78


monthly info MONTHLY REVERSAL new low 14.28
trend=no; direction=up (1 bar)
low= 14.28; rev= 42.96; mid= 28.62

WTI Crude Oil
WEEKLY CONFIRMATION new high 97.77
trend=no
direction=up (2 bars)
high= 97.77
rev= 86.25; mid= 92.01


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 84.66; rev= 121.02; mid= 102.84

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 18.78
trend=down
low= 18.78; rev= 21.15; mid= 19.97

30 Year Yield
-no 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
-no change (above mid)
trend=down
low= 14.60
rev= 22.32; mid= 18.46



monthly info MONTHLY REVERSAL new high 19.85
trend=no; direction=up (1 bar)
hign= 19.85; rev= 14.92; mid= 17.39

Silver
-change (above mid)
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
new high 1.3665
trend=up
high= 1.3665
rev= 1.3187; mid= 1.3426



monthly info MONTHLY REVERSAL new high 1.3578
trend=no; direction=up (1 bar)
high= 1.3578; rev= 1.2333; mid= 1.2956

GS (Goldman Sachs)
new high 149.90
trend=up
high= 149.90
rev= 137.13; mid= 143.52


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

Lumber
-no change (below mid)
trend=up
high= 387.80
rev= 352.50; mid= 370.15


monthly info -no change (above mid)
trend=up
high= 383.20; rev= 289.70; mid= 336.45

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 17.61
trend=up
high= 17.62
rev= 17.11; mid= 17.36


monthly info MONTHLY REVERSAL new high 17.38
trend=no; direction=up (1 bar)
high= 17.38; rev= 11.81; mid= 14.60

AUDJPY
new high 0.9619
trend=up
high= 0.9619
rev= 0.9347; mid= 0.9483


monthly info new high 0.9456
trend=up
high= 0.9456; rev= 0.8424; mid= 0.8940

YEN
new low 1.07750
trend=down
low= 1.07750
rev= 1.12150; mid= 1.09950


monthly info new low 1.09640
trend=down
low= 1.09640; rev= 1.23050; mid= 1.16345

Continuous Commodity Index
WEEKLY CONFIRMATION new high 571.00
trend=no
direction=up (2 bars)
high= 571.00
rev= 551.25; mid= 561.13


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 580.24; rev= 508.76; mid= 544.50

CAT (Caterpillar)
new high 99.49
trend=up
high= 99.49
rev= 94.92; mid= 97.21


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

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


monthly info MONTHLY CONFIRMATION new high 8.84
trend=no; direction=up (2 bars)
low= 8.84; rev= 8.41; mid= 8.63

Copper
-no 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= 439.88
rev= 509.79; mid= 474.84



monthly info new low 455.49
trend=down
low= 455.49; rev= 595.32; mid= 525.41



BIDU (Baidu)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 112.97; rev= 89.36; mid= 101.17

JPM (JP Morgan Chase)
new high 47.85
trend=up
high= 47.85; rev= 46.14; mid= 47.00

BAC (Bank of America)
-no change (above mid)
trend=up
high= 12.11; rev= 10.64; mid= 11.38

WFC (Wells Fargo)
-no change (above mid)
trend=up
high= 35.14; rev= 34.48; mid= 34.81

AXP (American Express)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 61.24; rev= 53.43; mid= 57.34

AMZN (Amazon)
-change (below mid)
trend=up
high= 283.99; rev= 261.27; mid= 272.63

M (Macy's)
-change (above mid)
trend=down
low= 36.89; rev= 40.61; mid= 38.75

BKX (KBW Bank Index)
new high 54.73
trend=up
high= 54.73; rev= 51.64; mid= 53.19

Powershares USD Bull (UUP)
new low 21.60
trend=down
low= 21.60; rev= 22.30; mid= 21.95

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

V (Visa)
-no change (above mid)
trend=up
high= 161.16; rev= 149.71; mid= 155.44

XRT (SPDR Retail ETF)
new high 67.14
trend=up
high= 67.14; rev= 65.13; mid= 66.14

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

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

JNK (SPDR Barclays Capital HY)
WEEKLY REVERSAL new low 40.72
trend=no
direction=down (1 bar)
low= 40.72; rev= 41.36; mid= 41.04

EURCHF
-no change (above mid)
trend=no
direction=up (2 bars)
high= 1.2492; rev= 1.1912; mid= 1.2202

USDJPY
new high 92.72
trend=up
high= 92.72; rev= 89.13; mid= 90.93

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

EEM (MSCI Emerging Markets)
-no change (above mid)
trend=up
high= 44.99
rev= 42.78; mid= 43.89



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

Nikkei
new high 11191.34
trend=up
high= 11191.34
rev= 10801.57; mid= 10996.46


monthly info MONTHLY REVERSAL new high 11138.66
trend=no; direction=up (1 bar)
high= 11138.66; rev= 8434.61; mid= 9786.64

Hang Seng
new high 23721.84
trend=up
high= 23721.84
rev= 22666.59; mid= 23194.22


monthly info MONTHLY REVERSAL new high 23729.53
trend=no; direction=up (1 bar)
high= 23729.53; rev= 17592.41; mid= 20660.97

Shanghai Composite
new high 2419.02
trend=up
high= 2419.02
rev= 2233.25; mid= 2326.14


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= 7857.97
rev= 7596.47; mid= 7727.22



monthly info MONTHLY REVERSAL new high 7776.05
trend=no; direction=up (1 bar)
high= 7776.05; rev= 5502.02; mid= 6639.04

Athens
-no change (above mid)
trend=up
high= 1014.53
rev= 901.36; mid= 957.95


monthly info new high 986.76
trend=up
high= 986.76; rev= 801.32; mid= 894.04

IBEX
WEEKLY REVERSAL new low 8229.70
trend=no
direction=down (1 bar)
low= 8229.70
rev= 8724.60; mid= 8477.15


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