Weekly 3LB Update 3/22/13

Weekly 3LB update (week ending 3/22/13)
a new high or low will change the reversal price and the midpoint


SPX
-no change (above mid)
trend=up
high= 1560.70
rev= 1517.93; mid= 1539.32


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

Dow Jones
-no change (above mid)
trend=up
high= 14514.11
rev= 14009.79; mid= 14261.95


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

Dow Jones Transportation Avg
-no change (above mid)
trend=up
high= 6272.67
rev= 5946.45; mid= 6109.56


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
-no change (above mid)
trend=up
high= 3249.07
rev= 3179.10; mid= 3214.09


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

DXY
-no change (above mid)
trend=no
direction=up (2 bars)
high= 82.71
rev= 78.83; mid= 80.77


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

Gold
-no change (below mid)
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
WEEKLY REVERSAL new high 13.57
trend=no
direction=up (1 bar)
hign= 13.57
rev= 11.30; mid= 12.44


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

WTI Crude Oil
-no change (above mid)
trend=no
direction=up (2 bars)
high= 98.73
rev= 87.21; mid= 92.97


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
-no change (below mid)
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
new low 1.2991
trend=down
low= 1.2991
rev= 1.3188; mid= 1.3090



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

GS (Goldman Sachs)
-change (below 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 (below mid)
trend=up
high= 410.10
rev= 374.60; mid= 392.35


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

Baltic Dry Index
-change (above mid)
trend=down
low= 700.00
rev= 1090.00; mid= 895.00


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= 18.44
rev= 17.61; mid= 18.03


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= 0.9857
rev= 0.9619; mid= 0.9738


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= 1.04380
rev= 1.09890; mid= 1.07135


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

Continuous Commodity Index
-no change (below mid)
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)
new low 87.48
trend=down
low= 87.48
rev= 91.36; mid= 89.42


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)
-no change (below mid)
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 (2 bars)
low= 85.08; rev= 112.97; mid= 99.03

JPM (JP Morgan Chase)
-change (below mid)
trend=up
high= 50.20; rev= 48.63; mid= 49.42

BAC (Bank of America)
-no change (above mid)
trend=up
high= 12.57; rev= 11.29; mid= 11.93

WFC (Wells Fargo)
-no change (above mid)
trend=up
high= 38.20; rev= 35.16; mid= 36.68

AXP (American Express)
new high 66.22
trend=up
high= 66.22; rev= 62.57; mid= 64.40

AMZN (Amazon)
WEEKLY REVERSAL new low 257.75
trend=no
direction=down (1 bar)
low= 257.75; rev= 283.99; mid= 270.87

M (Macy's)
new high 42.66
trend=up
high= 42.66; rev= 40.68; mid= 41.67

BKX (KBW Bank Index)
-no change (above mid)
trend=up
high= 57.52; rev= 55.00; mid= 56.26

Powershares USD Bull (UUP)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 22.56; rev= 21.60; mid= 22.08

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= 70.34; rev= 67.14; mid= 68.74

MUB (iShares S&P National AMT-Fre)
-no change (below mid)
trend=down
low= 109.79; rev= 110.82; mid= 110.31

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=down
low= 13.04; rev= 13.81; mid= 13.43

JNK (SPDR Barclays Capital HY)
-no change (above 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
-no change (above mid)
trend=up
high= 95.39; rev= 93.40; mid= 94.40

HYGLQD
-no change (above mid)
trend=no
direction=up (1 bar)
high= 0.7923; rev= 0.7388; mid= 0.7656



EEM (MSCI Emerging Markets)
WEEKLY CONFIRMATION new low 41.96
trend=no
direction=down (2 bars)
low= 41.96
rev= 44.99; mid= 43.48


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

Nikkei
-no change (above mid)
trend=up
high= 12560.95
rev= 11385.94; mid= 11973.45


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
WEEKLY CONFIRMATION new low 22115.30
trend=no
direction=down (2 bars)
low= 22115.30
rev= 23721.84; mid= 22918.57


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

Shanghai Composite
-no change (below 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=up (2 bars)
high= 8042.85
rev= 7593.51; mid= 7818.18

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

Athens
WEEKLY CONFIRMATION new low 930.53)
trend=no
direction=down (2 bars)
low= 930.53
rev= 1044.76; mid= 987.65


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

IBEX
-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