Weekly 3LB Update 3/1/13

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


SPX
-no change (above mid)
trend=up
high= 1519.79
rev= 1502.96; mid= 1511.38


monthly info new high 1514.68
trend=up
high= 1514.68; rev= 1408.47; mid= 1461.58

Dow Jones
new high 14089.66
trend=up
high= 14089.66
rev= 13649.70; mid= 13869.68


monthly info new high 14054.49
trend=up
high= 14054.49; rev= 13213.63; mid= 13634.06

Dow Jones Transportation Avg
new high 5984.90
trend=up
high= 5984.90
rev= 5870.05; mid= 5927.48


monthly info MONTHLY CONFIRMATION new high 5993.35
trend=no; direction=up (2 bars)
high= 5993.35; rev= 4189.37; mid= 5091.36

Nasdaq Composite
-change (above mid)
trend=up
high= 3193.87
rev= 3134.71; mid= 3164.29


monthly info new high 3160.19
trend=up
high= 3160.19; rev= 3091.57; mid= 3125.88

DXY
WEEKLY REVERSAL new high 82.28
trend=no
direction=up (1 bar)
high= 82.28
rev= 78.83; mid= 80.56


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

Gold
new low 1572.30
trend=down
low= 1572.30
rev= 1657.80; mid= 1615.05


monthly info -no change (below 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 -no change (below mid)
trend=no; direction=up (1 bar)
low= 14.28; rev= 42.96; mid= 28.62

WTI Crude Oil
-change (below mid)
trend=no
direction=up (2 bars)
high= 98.36
rev= 86.84; mid= 92.60


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 85.25; rev= 121.61; mid= 103.43

Sugar #11
-no change (below mid)
trend=no
direction=up (1 bar)
high= 28.67
rev= 16.81; mid= 22.74


monthly info new low 18.39
trend=down
low= 18.39; rev= 19.42; mid= 18.91

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 -no change (above mid)
trend=no; direction=up (1 bar)
high= 19.85; rev= 14.92; mid= 17.39

Silver
new low 28.49
trend=down
low= 28.49
rev= 30.01; mid= 29.25


monthly info -change (below mid)
trend=no; direction=up (2 bars)
high= 34.74; rev= 27.86; mid= 31.30

EURUSD
WEEKLY CONFIRMATION new low 1.3020
trend=no
direction=down (2 bars)
low= 1.3020
rev= 1.3665; mid= 1.3343



monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 1.3578; rev= 1.2333; mid= 1.2956

GS (Goldman Sachs)
-no change (above mid)
trend=up
high= 154.99
rev= 144.46; mid= 149.73


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

Lumber
-change (above mid)
trend=up
high= 399.80
rev= 364.30; mid= 382.05


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)
-no change (above mid)
trend=up
high= 17.76
rev= 17.15; mid= 17.46


monthly info MONTHLY CONFIRMATION new high 17.59
trend=no; direction=up (2 barS)
high= 17.59; rev= 11.81; mid= 14.70

AUDJPY
-no change (above mid)
trend=up
high= 0.9631
rev= 0.9419; mid= 0.9525


monthly info new high 0.9468
trend=up
high= 0.9468; rev= 0.8745; mid= 0.9107

YEN
-no change (below mid)
trend=down
low= 1.06900
rev= 1.11090; mid= 1.08990


monthly info new low 1.07940
trend=down
low= 1.07940; rev= 1.20870; mid= 1.14405

Continuous Commodity Index
WEEKLY CONFIRMATION new low 544.79
trend=no
direction=down (2 bars)
low= 544.79
rev= 571.00; mid= 557.90


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

CAT (Caterpillar)
WEEKLY CONFIRMATION new low 91.36
trend=no
direction=down (2 bars)
low= 91.36
rev= 99.49; mid= 95.543


monthly info -change (below 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= 8.18
rev= 9.84; mid= 9.01


monthly info -change (below mid)
trend=no; direction=up (2 bars)
low= 8.84; rev= 8.41; mid= 8.63

Copper
-no change (below mid)
trend=down
low= 3.221
rev= 4.064; mid= 3.643



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

AAPL (Apple Computer)
new low 430.47
trend=down
low= 430.47
rev= 509.59; mid= 470.03



monthly info new low 441.40
trend=down
low= 441.40; rev= 585.28; mid= 513.34



BIDU (Baidu)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 89.18; rev= 112.97; mid= 101.08

JPM (JP Morgan Chase)
-no change (above mid)
trend=up
high= 48.91; rev= 47.85; mid= 48.38

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

WFC (Wells Fargo)
-change (below mid)
trend=up
high= 35.82; rev= 35.10; mid= 35.46

AXP (American Express)
-no change (above mid)
trend=up
high= 62.57; rev= 55.40; mid= 58.99

AMZN (Amazon)
-no change (below mid)
trend=up
high= 283.99; rev= 261.27; mid= 272.63

M (Macy's)
WEEKLY REVERSAL new high 40.68
trend=no
direction=up (1 bar)
high= 40.68; rev= 36.89; mid= 38.79

BKX (KBW Bank Index)
-no change (below mid)
trend=up
high= 55.11; rev= 54.12; mid= 54.62

Powershares USD Bull (UUP)
WEEKLY REVERSAL new high 22.44
trend=no
direction=up (1 bar)
high= 22.44; rev= 21.60; mid= 22.2

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)
-no change (above mid)
trend=up
high= 68.00; rev= 65.51; mid= 66.76

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)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 40.45; rev= 41.36; mid= 40.91

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

USDJPY
new high 93.59
trend=up
high= 93.59; rev= 92.72; mid= 93.16

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 (below 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 11606.38
trend=up
high= 11606.38
rev= 10926.65; mid= 11266.52


monthly info MONTHLY CONFIRMATION new high 11559.36
trend=no; direction=up (2 bars)
high= 11559.36; rev= 8434.61; mid= 9996.99

Hang Seng
-no change (below mid)
trend=up
high= 23721.84
rev= 22666.59; mid= 23194.22


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 23729.53; rev= 17592.41; mid= 20660.97

Shanghai Composite
-change (above mid)
trend=up
high= 2432.40
rev= 2276.99; mid= 2354.70


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=no
direction=down (1 bar)
low= 7593.51
rev= 7857.97; mid= 7595.51



monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 7776.05; rev= 5502.02; mid= 6639.04

Athens
-no change (below mid)
trend=up
high= 1044.76
rev= 979.72; mid= 1012.24


monthly info new high 1007.99
trend=up
high= 1007.99; rev= 809.14; mid= 908.57

IBEX
-no change (below mid)
trend=down
low= 8150.20
rev= 8664.70; mid= 8407.45


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