Weekly 3LB Update 9/13/13

Weekly 3LB update (week ending 9/13/13)
a new high or low will change the reversal price and the midpoint

SPX
-change (above mid)
trend=no
direction=down (2 bars)
low= 1632.97
rev= 1709.67; mid= 1671.32

monthly info -no change (above mid)
trend=up
high= 1685.73; rev= 1569.19; mid= 1627.46

Dow Jones
-change (above mid)
trend=down
low= 14810.31
rev= 15425.51; mid= 15117.91


monthly info -change (below mid)
trend=up
high= 15499.54; rev= 14578.54; mid= 15039.04

Dow Jones Transportation Avg
-change (above mid)
trend=no
direction=up (2 bars)
high= 6651.69
rev= 6110.43; mid= 6381.06

monthly info -no change (above mid)
trend=up
high= 6461.80; rev= 5993.35; mid= 6227.58

Nasdaq Composite
new high 3722.18
trend=up
high= 3722.18
rev= 3600.08; mid= 3661.13


monthly info -no change (above mid)
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
-change (below mid)
trend=up
high= 1396.10
rev= 1224.90; mid= 1310.50


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 1224.90; rev= 1855.70; mid= 1540.30

VIX
-change (below mid)
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= 110.53
rev= 102.95; mid= 106.74


monthly info -no change (above mid)
trend=no; direction=down (1 bar)
low= 86.19; rev= 122.55; mid= 104.37

Sugar #11
WEEKLY CONFIRMATION new high 17.09
trend=no
direction=up (2 bars)
high= 17.09
rev= 16.06; mid= 16.58

monthly info -no change (below mid)
trend=down
low= 16.34; rev= 18.56; mid= 17.45

30 Year Yield
-no change (above mid)
trend=up
high= 38.72
rev= 36.77; mid= 37.75


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

10 Year Yield
-no change (above mid)
trend=up
high= 29.38
rev= 25.14; mid= 27.26


monthly info new high 27.49
trend=up
high= 27.49; rev= 21.64; mid= 24.57

Silver
-no change (above mid)
trend=up
high= 23.89
rev= 19.52; mid= 21.71


monthly info -no change (below mid)
trend=down
low= 19.52; rev= 31.73; mid= 25.63

EURUSD
-no change (above mid)
trend=no
direction=up (1 bar)
high= 1.3384
rev= 1.2833; mid= 1.3109

monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 1.3591; rev= 1.2346; mid= 1.2969

GS (Goldman Sachs)
-change (above mid)
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
WEEKLY REVERSAL new high 344.00
trend=no
direction=up (1 bar)
high= 344.00
rev= 307.40; mid= 325.70

monthly info -no change (below mid)
trend=down
low= 310.50; rev= 393.60; mid= 352.05

Baltic Dry Index
new high 1636.00
trend=up
high= 1636.00
rev= 784.00; mid= 1210.00


monthly info -no change (below mid)
trend=down
low= 680.00; rev= 3217.00; mid= 1948.50

XLF
-change (above mid)
trend=no
direction=down (1 bar)
low= 19.44
rev= 20.81; mid= 20.13

monthly info -no change (above mid)
trend=up
high= 20.49; rev= 18.21; mid= 19.35

AUDJPY
-no change (above mid)
trend=down
low= 0.8769
rev= 0.9256; mid= 0.9013


monthly info new low 0.8728
trend=down
low= 0.8728; rev= 0.9805; mid= 0.9267

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 (above mid)
trend=no
direction=up (1 bar)
high= 33.89
rev= 30.40; mid= 32.15

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

CAT (Caterpillar)
-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)
-change (above mid)
trend=no
direction=down (1 bar)
low= 7.72
rev= 8.22; mid= 7.97

monthly info MONTHLY CONFIRMATION new low 7.72
trend=no; direction=down (2 bars)
low= 7.72; rev= 8.84; mid= 8.28

Copper
-change (below mid)
trend=no
direction=up (2 bars)
high= 3.372
rev= 3.067; mid= 3.220

monthly info -no change (below mid)
trend=no
low= 3.067; rev= 4.602; mid= 3.835

AAPL (Apple Computer)
-change (below mid)
trend=up
high= 502.33
rev= 449.98; mid= 476.16


monthly info -change (above mid)
trend=down
low= 396.53; rev= 532.17; mid= 464.35

BIDU (Baidu)
new high 142.64
trend=up
high= 142.64; rev= 93.41; mid= 116.56

JPM (JP Morgan Chase)
-no change (above mid)
trend=down
low= 50.51; rev= 54.52; mid= 52.52

BAC (Bank of America)
-no change (above mid)
trend=up
high= 14.84; rev= 13.66; mid= 14.25

WFC (Wells Fargo)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 41.03; rev= 44.49; mid= 42.76

AXP (American Express)
-change (above mid)
trend=no
direction=down (1 bar)
low= 71.92; rev= 78.33; mid= 75.13

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

M (Macy's)
-no change (below mid)
trend=down
low= 44.44; rev= 48.52; mid= 46.48

BKX (KBW Bank Index)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 62.21; rev= 66.95; mid= 64.58

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=down
low= 103.05; rev= 108.40; mid= 105.73

V (Visa)
-change (above mid)
trend=no
direction=down (1 bar)
low= 173.13; rev= 193.20; mid= 183.17

XRT (SPDR Retail ETF)
-change (above mid)
trend=down
low= 77.88; rev= 81.28; mid= 79.58

MUB (iShares S&P National AMT-Fre)
-no change (below mid)
trend=down
low= 101.23; rev= 107.30; mid= 104.27

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=down
low= 10.80; rev= 11.40; mid= 11.10

JNK (SPDR Barclays Capital HY)
-no change (below 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
-no change (above mid)
trend=no
direction=down (2 bars)
low= 94.23; rev= 103.13; mid= 98.68

HYGLQD
WEEKLY CONFIRMATION new high 0.8179
trend=no
direction=up (2 bars)
high= 0.8179; rev= 0.8080; mid= 0.8130

EEM (MSCI Emerging Markets)
WEEKLY REVERSAL new high 41.15
trend=no
direction=up (1 bar)
high= 41.15
rev= 37.34; mid= 39.25

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
new high 22915.28
trend=up
high= 22915.28
rev= 22190.97; mid= 22553.13


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

Shanghai Composite
WEEKLY REVERSAL new high 2236.22
trend=no
direction=up (1 bar)
high= 2236.22
rev= 1979.21; mid= 2107.72

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

DAX
new high 8509.42
trend=up
high= 8509.42
rev= 8278.59; mid= 8394.01


monthly info -no change (above mid)
trend=up
high= 8348.84; rev= 7776.05; mid= 8062.45

Athen
-no change (above 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
new high 8941.60
trend=up
high= 8941.60
rev= 8544.80; mid= 8743.20


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
low= 8456.50; rev= 6089.80; mid= 7273.15