Weekly 3LB Update 7/5/13

Weekly 3LB update (week ending 7/5/13)
a new high or low will change the reversal price and the midpoint

SPX
-change (above mid)
trend=up
high= 1667.47
rev= 1588.85; mid= 1628.16


monthly info -no change (above mid)
trend=up
high= 1630.74; rev= 1514.68; mid= 1572.71

Dow Jones
-change (above mid)
trend=no
direction=down (1 bar)
low= 14799.40
rev= 15354.40; mid= 15076.90

monthly info -no change (above mid)
trend=up
high= 15115.57; rev= 14054.49; mid= 14585.03

Dow Jones Transportation Avg
-no change (below mid)
trend=no
direction=down (1 bar)
low= 6110.43
rev= 6549.16; mid= 6329.80

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 -no change (above mid)
trend=up
high= 3455.91; rev= 3160.19; mid= 3308.05

DXY
WEKLY REVERSAL new high 84.45
trend=no
direction=up (1 bar)
high= 84.45
rev= 80.62; mid= 82.54

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

Gold
new low 1212.70
trend=down
low= 1212.70
rev= 1365.20; mid= 1288.95


monthly info MONTHLY CONFIRMATION new low 1223.70
trend=no; direction=down (2 bars)
low= 1223.70; rev= 1854.50; mid= 1539.10

VIX
-change (below mid)
trend=up
high= 18.89
rev= 13.92; mid= 16.41

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

WTI Crude Oil
new high 103.22
trend=up
high= 103.22
rev= 89.47; mid= 96.35

monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 86.46; rev= 122.82; mid= 104.64

Sugar #11
WEEKLY REVERSAL new low 16.26
trend=no
direction=down (1 bar)
low= 16.26
rev= 28.84; mid= 22.55

monthly info -no change (below mid)
trend=down
low= 16.55; rev= 18.61; mid= 17.58

30 Year Yield
WEEKLY CONFIRMATION new high 36.77
trend=no
direction=up (2 bars)
high= 36.77
rev= 25.40; mid= 31.09

monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 25.77; rev= 47.15; mid= 36.46

10 Year Yield
WEEKLY CONFIRMATION new high 27.15
trend=no
direction=up (2 bars)
high= 27.15
rev= 14.60; mid= 20.88

monthly info new high 24.78
trend=up
high= 24.78; rev= 15.81; mid= 20.30

Silver
new low 18.74
trend=down
low= 18.74
rev= 21.76; mid= 20.25


monthly info new low 19.48
trend=down
low= 19.48; rev= 31.67; mid= 25.58

EURUSD
WEEKLY CONFIRMATION new low 1.2833
trend=no
direction=down (2 bars)
low= 1.2833
rev= 1.3347; mid= 1.3090

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

GS (Goldman Sachs)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 151.25
rev= 166.01; mid= 158.63

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= 283.60
rev= 343.40; mid= 313.50


monthly info MONTHLY CONFIRMATION new low 297.60
trend=no; direction=down (2 bars)
low= 297.60; rev= 401.90; mid= 349.75

Baltic Dry Index
-no change (above mid)
trend=no
direction=up (1 bar)
high= 1171.00
rev= 700.00; mid= 935.50

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= 19.97
rev= 18.85; mid= 19.41


monthly info -no change (above mid)
trend=up
high= 19.84; rev= 17.59; mid= 18.72

AUDJPY
-no change (below mid)
trend=down
low= 0.8980
rev= 0.9612; mid= 0.9296


monthly info MONTHLY REVERSAL new low 0.9023
trend=no; direction=down (1 bar)
low= 0.9023; rev= 1.0072; mid= 0.9548

YEN
-no change (below mid)
trend=no
direction=up (2 bars)
high= 1.05100
rev= 0.96860; mid= 1.00980

monthly info -no change (below mid)
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 (below 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)
new low 7.81
trend=down
low= 7.81
rev= 8.08; mid= 7.95


monthly info WEEKLY REVERSAL new low 7.82
trend=no; direction=down (1 bar)
low= 7.82; rev= 8.84; mid= 8.33

Copper
-no change (below mid)
trend=down
low= 3.057
rev= 3.225; mid= 3.141


monthly info new low 3.057
trend=no
low= 3.057; rev= 4.602; mid= 3.830

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

monthly info new low 396.53
trend=down
low= 396.53; rev= 532.17; mid= 464.35

BIDU (Baidu)
WEEKLY CONFIRMATION new low 91.52
trend=no
direction=down (2 bars)
low= 91.52; rev= 102.67; mid= 97.10

JPM (JP Morgan Chase)
-no change (above mid)
trend=up
high= 54.59; rev= 47.46; mid= 51.03

BAC (Bank of America)
-no change (below mid)
trend=up
high= 13.66; rev= 12.57; mid= 13.12

WFC (Wells Fargo)
new high 42.07
trend=up
high= 42.07; rev= 40.55; mid= 41.31

AXP (American Express)
-change (above mid)
trend=no
direction=down (1 bar)
low= 72.97; rev= 78.04; mid= 75.51

AMZN (Amazon)
new high 285.88
trend=up
high= 285.88; rev= 255.48; mid= 270.68

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

BKX (KBW Bank Index)
new high 63.94
trend=up
high= 63.94; rev= 58.53; mid= 61.24

Powershares USD Bull (UUP)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 21.88; rev= 22.92; mid= 22.40

TLT (iShares Barclays 20+ Year Treas Bond)
WEEKLY CONFIRMATION new low 106.26
trend=no
direction=down (2 bars)
low= 106.26; rev= 130.36; mid= 118.31

V (Visa)
new high 190.79
trend=up
high= 190.79; rev= 169.84; mid= 180.32

XRT (SPDR Retail ETF)
new high 78.59
trend=up
high= 78.59; rev= 76.45; mid= 77.52

MUB (iShares S&P National AMT-Fre)
-no change (below mid)
trend=down
low= 102.29; rev= 108.19; mid= 105.24

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=down
low= 11.77; rev= 13.04; mid= 12.41

JNK (SPDR Barclays Capital HY)
new low 38.99
trend=down
low= 38.99; rev= 40.24; mid= 39.62

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=no
direction=down (2 bars)
low= 94.23; rev= 103.13; mid= 98.68

HYGLQD
-no change (above mid)
trend=up
high= 0.8032; rev= 0.7936; mid= 0.7984

EEM (MSCI Emerging Markets)
new low 37.34
trend=down
low= 37.34
rev= 40.69; mid= 39.02


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

Nikkei
-change (above mid)
trend=no
direction=down (2 bars)
low= 12445.38
rev= 15138.12; mid= 13791.75

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= 20263.31
rev= 21726.90; mid= 20995.11


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=down
low= 1979.21
rev= 2210.99; mid= 2095.10


monthly info -no change (below mid)
trend=no; direction=up (2 bars)
high= 3412.06; rev= 1728.79; mid= 2570.43

DAX
-no change (below mid)
trend=no
direction=down (1 bar)
low= 7789.24
rev= 8398.00; mid= 8093.62

monthly info -change (below mid)
trend=up
high= 8348.84; rev= 7776.05; mid= 8062.45

Athens
-no change (below mid)
trend=no
direction=down (2 bars)
low= 830.01
rev= 1152.60; mid= 991.31

monthly info MONTHLY REVERSAL new low 847.57
trend=no; direction=down (1 bar)
low= 847.57; rev= 1014.53; mid= 931.05

IBEX
-no change (below mid)
trend=no
direction=down (1 bar)
low= 7700.20
rev= 8582.40; mid= 8141.30

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