Weekly 3LB Update 5/31/13

Weekly 3LB update (week ending 5/31/13)
a new high or low will change the reversal price and the midpoint


SPX
-no change (above mid)
trend=up
high= 1667.47
rev= 1588.85; mid= 1628.16


monthly info new high 1630.74
trend=up
high= 1630.74; rev= 1514.68; mid= 1572.71

Dow Jones
-no change (above mid)
trend=up
high= 15354.40
rev= 14865.06; mid= 15109.73


monthly info new high 15115.57
trend=up
high= 15115.57; rev= 14054.49; mid= 14585.03

Dow Jones Transportation Avg
-change (below mid)
trend=up
high= 6549.16
rev= 6143.48; mid= 6346.48


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 6255.33; rev= 5804.23; mid= 6029.78

Nasdaq Composite
-no change (above mid)
trend=up
high= 3498.97
rev= 3267.52; mid= 3383.25


monthly info new high 3455.91
trend=up
high= 3455.91; rev= 3160.19; mid= 3308.05

DXY
-change (below mid)
trend=up
high= 84.21
rev= 82.71; mid= 83.46


monthly info new high 83.38
trend=up
high= 83.38; rev= 78.55; mid= 80.97

Gold
-no change (below mid)
trend=down
low= 1364.70
rev= 1573.90; mid= 1469.30


monthly info MONTHLY REVERSAL new low 1393.00
trend=no; direction=down (1 bar)
low= 1393.00; rev= 1854.50; mid= 1623.75

VIX
WEEKLY REVERSAL new high 16.30
trend=no
direction=up (1 bar)
high= 16.30
rev= 12.45; mid= 14.38

monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 12.70; rev= 42.96; mid= 27.83

WTI Crude Oil
-change (below mid)
trend=no
direction=up (2 bars)
high= 99.31
rev= 87.79; mid= 93.55

monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 86.20; rev= 122.56; mid= 104.38

Sugar #11
WEEKLY REVERSAL new low 16.55
trend=no
direction=down (1 bar)
low= 16.55
rev= 28.53; mid= 22.60

monthly info new low 16.55
trend=down
low= 16.55; rev= 18.61; mid= 17.58

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 CONFIRMATION new high 21.64
trend=no; direction=up (2 bars)
high= 21.64; rev= 14.92; mid= 18.28

Silver
new low 22.24
trend=down
low= 22.24
rev= 26.38; mid= 24.31


monthly info MONTHLY CONFIRMATION new low 22.24
trend=no; direction=down (2 bars)
low= 22.24; rev= 34.79; mid= 28.52

EURUSD
-change (above mid)
trend=no
direction=up (2 bars)
high= 1.3113
rev= 1.2823; mid= 1.2968


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 1.3585; rev= 1.2340; mid= 1.2963

GS (Goldman Sachs)
new high 162.08
trend=up
high= 162.08
rev= 143.69; mid= 152.89

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

Lumber
-no change (below mid)
trend=down
low= 297.40
rev= 347.00; mid= 322.20


monthly info MONTHLY REVERSAL new low 306.30
trend=no; direction=down (1 bar)
low= 306.30; rev= 401.90; mid= 354.10

Baltic Dry Index
-no change (below 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= 19.95
rev= 18.57; mid= 19.26


monthly info new high 19.84
trend=up
high= 19.84; rev= 17.59; mid= 18.72

AUDJPY
WEEKLY CONFIRMATION new low 0.9612
trend=no
direction=down (2 bars)
low= 0.9612
rev= 1.0309; mid= 0.9961

monthly info -change (below mid)
trend=up
high= 1.0044; rev= 0.9456; mid= 0.9750

YEN
-change (above mid)
trend=down
low= 0.96860
rev= 1.01380; mid= 0.99150


monthly info new low 0.99610
trend=down
low= 0.99610; rev= 1.08170; mid= 1.03890

GSCI (Ishares)
-no change (below mid)
trend=down
low= 30.40
rev= 33.59; mid= 32.00


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 30.19; rev= 38.94; mid= 32.00

CAT (Caterpillar)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 88.62
rev= 80.43; mid= 84.53

monthly info -no 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 (2 bars)
low= 8.08
rev= 9.84; mid= 8.96

monthly info -no 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= 3.150
rev= 4.002; mid= 3.576


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 3.188; rev= 4.622; mid= 3.905

AAPL (Apple Computer)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 452.97
rev= 390.53; mid= 421.75

monthly info -no change (below mid)
trend=down
low= 441.40; rev= 585.28; mid= 513.34



BIDU (Baidu)
new high 96.64
trend=up
high= 96.64; rev= 85.08; mid= 90.86

JPM (JP Morgan Chase)
new high 54.59
trend=up
high= 54.59; rev= 47.46; mid= 51.03

BAC (Bank of America)
new high 13.66
trend=up
high= 13.66; rev= 12.57; mid= 13.12

WFC (Wells Fargo)
new high 40.90
trend=up
high= 40.90; rev= 38.20; mid= 39.55

AXP (American Express)
new high 75.71
trend=up
high= 75.71; rev= 70.23; mid= 72.97

AMZN (Amazon)
-change (above mid)
trend=down
low= 254.81; rev= 272.12; mid= 263.47

M (Macy's)
-no change (above mid)
trend=up
high= 49.21; rev= 46.23; mid= 47.72

BKX (KBW Bank Index)
new high 61.60
trend=up
high= 61.60; rev= 56.59; mid= 59.10

Powershares USD Bull (UUP)
-change (below mid)
trend=up
high= 22.92; rev= 22.44; mid= 22.68

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= 184.57; rev= 161.16; mid= 172.87

XRT (SPDR Retail ETF)
-no change (above mid)
trend=up
high= 77.75; rev= 73.02; mid= 75.39

MUB (iShares S&P National AMT-Fre)
new low 108.19
trend=down
low= 108.19; rev= 111.50; mid= 109.85

IQI (Morgan Stanley Quality Muni)
new low 12.67
trend=down
low= 12.67; rev= 13.68; mid= 13.18

JNK (SPDR Barclays Capital HY)
-change (below mid)
trend=no
direction=up (2 bars)
high= 41.74; rev= 40.45; mid= 41.10

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

USDJPY
-change (below mid)
trend=up
high= 103.18; rev= 98.83; mid= 101.01

HYGLQD
-no change (above mid)
trend=up
high= 0.7951; rev= 0.7912; mid= 0.7932



EEM (MSCI Emerging Markets)
new low 41.19
trend=down
low= 41.19
rev= 42.77; mid= 41.98


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

Nikkei
-change (below mid)
trend=up
high= 15138.12
rev= 13485.14; mid= 14311.63


monthly info -no change (above mid)
trend=up
high= 13860.86; rev= 11138.66; mid= 12499.76

Hang Seng
-no change (below mid)
trend=down
low= 21726.90
rev= 23601.78; mid= 22664.34


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

Shanghai Composite
new high 2300.59
trend=up
high= 2300.59
rev= 2246.83; mid= 2273.71


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= 8398.00
rev= 7986.47; mid= 8192.24


monthly info new high 8348.84
trend=up
high= 8348.84; rev= 7776.05; mid= 8062.45

Athens
-no change (below mid)
trend=up
high= 1152.60
rev= 962.03; mid= 1057.32


monthly info new high 1014.53
trend=up
high= 1014.53; rev= 907.90; mid= 961.22

IBEX
-no change (above mid)
trend=up
high= 8582.40
rev= 7920.00; mid= 8251.20


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