Weekly 3LB Update 8/2/13

Weekly 3LB update (week ending 8/2/13)
a new high or low will change the reversal price and the midpoint

SPX
new high 1709.67
trend=up
high= 1709.67
rev= 1667.47; mid= 1688.56


monthly info new high 1685.73
trend=up
high= 1685.73; rev= 1569.19; mid= 1627.46

Dow Jones
new high 15658.36
trend=up
high= 15658.36
rev= 15464.30; mid= 15561.33


monthly info new high 15499.54
trend=up
high= 15499.54; rev= 14578.54; mid= 15039.04

Dow Jones Transportation Avg
WEEKLY CONFIRMATION new high 6651.69
trend=no
direction=up (2 bars)
high= 6651.69
rev= 6110.43; mid= 6381.06

monthly info new high 6461.80
trend=up
high= 6461.80; rev= 5993.35; mid= 6227.58

Nasdaq Composite
new high 3689.59
trend=up
high= 3689.59
rev= 3498.97; mid= 3594.28


monthly info new high 3626.37
trend=up
high= 3626.37; rev= 3267.52; mid= 3446.95

DXY
-no change (below mid)
trend=no
direction=up (1 bar)
high= 84.45
rev= 80.62; mid= 82.54

monthly info -no change (above mid)
trend=up
high= 83.38; rev= 78.55; mid= 80.97

Gold
-no change (above mid)
trend=down
low= 1213.90
rev= 1366.40; mid= 1290.15


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 1224.90; rev= 1854.50; mid= 1540.30

VIX
new low 11.98
trend=down
low= 11.98
rev= 17.14; mid= 14.56


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

WTI Crude Oil
-no change (above mid)
trend=up
high= 107.87
rev= 99.44; mid= 103.66


monthly info -change (above mid)
trend=no; direction=down (1 bar)
low= 86.33; rev= 122.69; mid= 104.51

Sugar #11
-no change (above mid)
trend=down
low= 16.06
rev= 16.86; mid= 16.46


monthly info -no change (below mid)
trend=down
low= 16.86; rev= 18.92; mid= 17.89

30 Year Yield
new high 36.88
trend=up
high= 36.88
rev= 27.89; mid= 32.39


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

10 Year Yield
-no change (above mid)
trend=no
direction=up (2 bars)
high= 27.15
rev= 14.60; mid= 20.88

monthly info new high 25.93
trend=up
high= 25.93; rev= 19.85; mid= 22.89

Silver
-no change (below mid)
trend=down
low= 18.74
rev= 21.76; mid= 20.25


monthly info -no change (below mid)
trend=down
low= 19.48; rev= 31.67; mid= 25.58

EURUSD
-no change (above mid)
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= 1.3591; rev= 1.2346; mid= 1.2969

GS (Goldman Sachs)
WEEKLY REVERSAL new high 167.62
trend=no
direction=up (1 bar)
high= 167.62
rev= 151.25; mid= 159.44

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

Lumber
new low 307.40
trend=down
low= 307.40
rev= 341.30; mid= 324.35


monthly info new low 310.50
trend=down
low= 310.50; rev= 393.60; mid= 352.05

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 20.73)
new high 20.81
trend=up
high= 20.81
rev= 19.97; mid= 20.39


monthly info new high 20.49
trend=up
high= 20.49; rev= 18.21; mid= 19.35

AUDJPY
new low 0.8767
trend=down
low= 0.8767
rev= 0.8987; mid= 0.8877


monthly info MONTHLY CONFIRMATION new low 0.8774
trend=no; direction=down (2 bars)
low= 0.8774; rev= 1.0072; mid= 0.9423

YEN
-no change (above 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 (above 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)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 8.10
rev= 7.81; mid= 7.96

monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 7.82; rev= 8.84; mid= 8.33

Copper
-change (above mid)
trend=down
low= 3.057
rev= 3.225; mid= 3.141


monthly info -no change (below mid)
trend=no
low= 3.057; rev= 4.602; mid= 3.830

AAPL (Apple Computer)
new high 462.54
trend=up
high= 462.54
rev= 423.20; mid= 442.87


monthly info -no change (below mid)
trend=down
low= 396.53; rev= 532.17; mid= 464.35

BIDU (Baidu)
new high 139.70
trend=up
high= 139.70; rev= 93.41; mid= 116.56

JPM (JP Morgan Chase)
new high 56.49
trend=up
high= 56.49; rev= 54.59; mid= 55.54

BAC (Bank of America)
new high 14.84
trend=up
high= 14.84; rev= 13.66; mid= 14.25

WFC (Wells Fargo)
new high 44.49
trend=up
high= 44.49; rev= 42.07; mid= 43.28

AXP (American Express)
-change (above mid)
trend=no
direction=up (1 bar)
high= 78.33; rev= 72.97; mid= 75.65

AMZN (Amazon)
-no change (above mid)
trend=up
high= 312.01; rev= 277.69; mid= 294.85

M (Macy's)
new high 49.46
trend=up
high= 49.46; rev= 48.67; mid= 48.67

BKX (KBW Bank Index)
new high 66.95
trend=up
high= 66.95; rev= 63.94; mid= 65.45

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

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

V (Visa)
-change (below mid)
trend=up
high= 193.20; rev= 179.54; mid= 186.37

XRT (SPDR Retail ETF)
new high 83.10
trend=up
high= 83.10; rev= 80.81; mid= 81.96

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)
new low 11.36
trend=down
low= 11.36; rev= 11.77; mid= 11.57

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 40.71; rev= 38.99; mid= 39.85

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

USDJPY
-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= 0.8160; rev= 0.8023; mid= 0.8092

EEM (MSCI Emerging Markets)
-no change (above mid)
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
-no 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
WEEKLY CONFIRMATION new high 22190.97
trend=no
direction=up (2 bars)
high= 22190.97
rev= 20263.31; mid= 21227.14

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
WEEKLY REVERSAL new high 8406.94
trend=no
direction=up (1 bar)
high= 8406.94
rev= 7789.24; mid= 8098.09

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

Athens
-no change (below mid)
trend=down
low= 804.19
rev= 1034.39; mid= 919.29


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 847.57; rev= 1014.53; mid= 931.05

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

monthly info MONTHLY REVERSAL new high 8456.50
trend=no; direction=up (1 bar)
low= 8456.50; rev= 6089.80; mid= 7273.15