Weekly 3LB Update 3/8/13

Weekly 3LB update (week ending 3/8/13)
a new high or low will change the reversal price and the midpoint


SPX
new high 1551.18
trend=up
high= 1551.18
rev= 1513.17; mid= 1532.18


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

Dow Jones
new high 14397.07
trend=up
high= 14397.07
rev= 13895.98; mid= 14146.53


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

Dow Jones Transportation Avg
new high 6143.48
trend=up
high= 6143.48
rev= 5911.33; mid= 6027.41


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
new high 3244.37
trend=up
high= 3244.37
rev= 3149.71; mid= 3197.04


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

DXY
WEEKLY CONFIRMATION new high 82.71
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
-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
-no 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
-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 1.3003
trend=down
low= 1.3003
rev= 1.3469; mid= 1.3236



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
-no 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)
new high 18.24
trend=up
high= 18.24
rev= 17.47; mid= 17.86


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

AUDJPY
new high 0.9801
trend=up
high= 0.9801
rev= 0.9438; mid= 0.9620


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

YEN
new low 1.04380
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 90.51
trend=down
low= 90.51
rev= 97.62; mid= 94.07


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 (1 bar)
low= 89.18; rev= 112.97; mid= 101.08

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

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

WFC (Wells Fargo)
new high 36.50
trend=up
high= 36.50; rev= 35.14; mid= 35.82

AXP (American Express)
new high 64.70
trend=up
high= 64.70; rev= 61.24; mid= 62.97

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

M (Macy's)
WEEKLY CONFIRMATION new high 41.67
trend=no
direction=up (2 bars)
high= 41.67; rev= 36.89; mid= 39.28

BKX (KBW Bank Index)
new high 56.59
trend=up
high= 56.59; rev= 54.73; mid= 55.66

Powershares USD Bull (UUP)
WEEKLY CONFIRMTAION new high 22.56
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)
new high 69.51
trend=up
high= 69.51; rev= 67.13; mid= 68.32

MUB (iShares S&P National AMT-Fre)
new low 110.33
trend=down
low= 110.33; rev= 111.05; mid= 110.69

IQI (Morgan Stanley Quality Muni)
new low 13.42
trend=down
low= 13.42; rev= 14.29; mid= 13.86

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 95.80
trend=up
high= 95.80; rev= 92.79; mid= 94.30

HYGLQD
WEEKLY REVERSAL new high 0.7923
trend=no
direction=up (1 bar)
high= 0.7923; rev= 0.7388; mid= 0.7656



EEM (MSCI Emerging Markets)
-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 12283.62
trend=up
high= 12283.62
rev= 11191.34; mid= 11737.48


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 (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
WEEKLY REVERSAL new high 7986.47
trend=no
direction=up (1 bar)
high= 7986.47
rev= 7593.51; mid= 7789.99



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

Athens
WEEKLY REVERSAL new low 952.34
trend=no
direction=down (1 bar)
low= 952.34
rev= 1044.76; mid= 998.55


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

IBEX
-change (above 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