Weekly 3LB Update 10/18/13

Weekly 3LB update (week ending 10/18/13)
a new high or low will change the reversal price and the midpoint

SPX
WEEKLY CONFIRMATION new high 1744.38
trend=no
direction=up (2 bars)
high= 1744.38
rev= 1632.97; mid= 1688.68

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

Dow Jones
-no change (above mid)
trend=no
direction=up (1 bar)
high= 15451.09
rev= 14810.31; mid= 15130.70

monthly info -no change (below mid)
trend=up
high= 15499.54; rev= 14578.54; mid= 15039.04

Dow Jones Transportation Avg
new high 6830.45
trend=up
high= 6830.45
rev= 6586.57; mid= 6708.51


monthly info new high 6582.43
trend=up
high= 6582.43; rev= 6255.33; mid= 6418.88

Nasdaq Composite
new high 3914.28
trend=up
high= 3914.28
rev= 3774.73; mid= 3844.51


monthly info new high 3771.48
trend=up
high= 3771.48; rev= 3328.79; mid= 3550.14

DXY
new low 79.61
trend=down
low= 79.61
rev= 80.43; mid= 80.02


monthly info -change (below mid)
trend=up
high= 83.38; rev= 78.55; mid= 80.97

Gold
-change (above 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
WEEKLY CONFIRMATION new low 101.11
trend=no
direction=down (2 bars)
low= 101.11
rev= 110.13; mid= 105.62

monthly info -change (below mid)
trend=no; direction=down (1 bar)
low= 85.59; rev= 121.95; mid= 103.77

Sugar #11
new high 19.50
trend=up
high= 19.50
rev= 17.74; mid= 18.62


monthly info -change (above mid)
trend=down
low= 16.93; rev= 19.15; mid= 18.04

30 Year Yield
WEEKLY REVERSAL new low 36.54
trend=no
direction=down (1 bar)
low= 36.54
rev= 38.72; mid= 37.63

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 (below mid)
trend=up
high= 29.38
rev= 25.14; mid= 27.26


monthly info -no change (above mid)
trend=up
high= 27.49; rev= 21.64; mid= 24.57

Silver
-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
new high 1.3681
trend=up
high= 1.3681
rev= 1.3388; mid= 1.3535


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 1.3595; rev= 1.2350; mid= 1.2973

GS (Goldman Sachs)
-no change (below mid)
trend=no
direction=up (2 bars)
high= 169.75
rev= 151.25; mid= 160.50

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=no
direction=up (2 bars)
high= 354.20
rev= 307.40; mid= 330.80

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

Baltic Dry Index
-no change (above mid)
trend=up
high= 2084.00
rev= 1636.00; mid= 1860.00


monthly info -change (above mid)
trend=down
low= 680.00; rev= 3217.00; mid= 1948.50

XLF
WEEKLY REVERSAL new high 20.91
trend=no
direction=up (1 bar)
high= 20.91
rev= 19.44; mid= 20.18

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

AUDJPY
new high 0.9424
trend=up
high= 0.9424
rev= 0.8769; mid= 0.9097


monthly info -no change (below mid)
trend=down
low= 0.8671; rev= 1.0071; mid= 0.9371

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=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)
-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)
new high 8.63
trend=up
high= 8.63
rev= 8.10; mid= 8.37


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 7.72; rev= 8.84; mid= 8.28

Copper
-no change (above 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= 4.612; mid= 3.840

AAPL (Apple Computer)
new high 508.89
trend=up
high= 508.89
rev= 452.97; mid= 480.93


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

BIDU (Baidu)
new high 165.91
trend=up
high= 165.91; rev= 146.25; mid= 156.08

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

BAC (Bank of America)
-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)
WEEKLY REVERSAL new high 80.52
trend=no
direction=up (1 bar)
high= 80.52; rev= 71.91; mid= 76.22

AMZN (Amazon)
new high 328.93
trend=up
high= 328.93; rev= 312.01; mid= 320.47

M (Macy's)
-change (above mid)
trend=down
low= 42.64; rev= 44.79; mid= 43.72

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

Powershares USD Bull (UUP)
new low 21.45
trend=down
low= 21.45; rev= 21.69; mid= 21.69

TLT (iShares Barclays 20+ Year Treas Bond)
-change (above mid)
trend=down
low= 103.05; rev= 108.40; mid= 105.73

V (Visa)
WEEKLY CONFIRMATION new high 200.45
trend=no
direction=up (2 bars)
high= 200.45; rev= 173.13; mid= 186.79

XRT (SPDR Retail ETF)
new high 83.85
trend=up
high= 83.85; rev= 82.30; mid= 83.08

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)
-change (above mid)
trend=down
low= 10.80; rev= 11.40; mid= 11.10

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
-no change (below mid)
trend=no
direction=down (2 bars)
low= 94.19; rev= 103.09; mid= 98.64

HYGLQD
-no change (below mid)
trend=no
direction=down (1 bar)
low= 0.8080; rev= 0.8185; mid= 0.8133

EEM (MSCI Emerging Markets)
new high 43.31
trend=up
high= 43.31
rev= 42.08; mid= 42.70


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 new high 14455.80
trend=up
high= 14455.80; rev= 11559.36; mid= 13007.58

Hang Seng
-no change (above mid)
trend=up
high= 23502.51
rev= 22517.81; mid= 23010.16


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 (above mid)
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 8865.10
trend=up
high= 8865.10
rev= 8509.42; mid= 8687.26


monthly info new high 8594.40
trend=up
high= 8594.40; rev= 7795.31; mid= 8194.86

Athen
new high 1166.00
trend=up
high= 1166.00
rev= 830.01; mid= 998.01


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

IBEX
new high 10001.80
trend=up
high= 10001.80
rev= 9228.40; mid= 9615.10


monthly info MONTHLY CONFIRMATION new high 9186.10
trend=no; direction=up (2 bars)
low= 9186.10; rev= 6089.80; mid= 7637.95