Sunday, January 13, 2013

Weekly 3LB Update 1/11/13

Weekly 3LB update (week ending 1/11/13)
a new high or low will change the reversal price and the midpoint


SPX
WEEKLY CONFIRMATION new high 1472.05
trend=no
direction=up (1 bar)
high= 1472.05
rev= 1359.88; mid= 1415.97

monthly info -no change (above mid)
trend=up
high= 1440.67; rev= 1218.89; mid= 1329.78

Dow Jones
new high 13488.43
trend=up
high= 13488.43
rev= 13155.13; mid= 13321.78


monthly info -no change (below mid)
trend=up
high= 13437.13; rev= 12952.07; mid= 13194.60

Dow Jones Transportation Avg
WEEKLY CONFIRMATION new high 5572.62
trend=no
direction=up (2 bars)
high= 5572.62
rev= 4873.76; mid= 5223.19


monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 4189.37; rev= 5514.87; mid= 4852.12

Nasdaq Composite
new high 3125.64
trend=up
high= 3125.64
rev= 3010.24; mid= 3067.94


monthly info -no change (above mid)
trend=up
high= 3116.23; rev= 2579.46; mid= 2847.85

DXY
-change (below mid)
trend=no
low= 78.83
rev= 81.62; mid= 80.23


monthly info -no change (above mid)
trend=up
high= 83.04; rev= 75.86; mid= 79.45

Gold
-no change (below mid)
trend=down
low= 1648.90
rev= 1677.50; mid= 1663.20


monthly info -no change (above mid)
trend=up
high= 1850.50; rev= 1461.80; mid= 1656.15

VIX
WEEKLY CONFIRMATION new low 13.36
trend=no
direction=down (2 bars)
low= 13.36
rev= 26.66; mid= 20.01


monthly info -no change (below mid)
trend=no; direction=up (1 bar)
high= 42.96; rev= 14.75; mid= 28.86

WTI Crude Oil
-no change (above mid)
trend=down
low= 85.81
rev= 93.61; mid= 89.71


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 83.70; rev= 120.06; mid= 101.88

Sugar #11
-no change (below mid)
trend=no
direction=up (1 bar)
high= 28.70
rev= 16.84; mid= 22.77


monthly info new low 19.34
trend=down
low= 19.34; rev= 21.87; mid= 20.61

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 -no change (below mid)
trend=down
low= 14.92; rev= 18.71; mid= 16.82

Silver
-no change (below mid)
trend=down
low= 29.95
rev= 33.79; mid= 31.87


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 34.67; rev= 27.80; mid= 31.24

EURUSD
WEEKLY REVERSAL new high 1.3346
trend=no
direction=up (1 bar)
high= 1.3346
rev= 1.3080; mid= 1.3213


monthly info -no change (above mid)
trend=down
low= 1.2322; rev= 1.3452; mid= 1.2887

GS (Goldman Sachs)
new high 137.13
trend=up
high= 137.13
rev= 123.62; mid= 130.38


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

Lumber
-no change (above mid)
trend=up
high= 378.50
rev= 343.20; mid= 360.85


monthly info new high 340.00
trend=up
high= 340.00; rev= 320.20; mid= 330.10

Baltic Dry Index
-no change (below mid)
trend=down
low= 699.00
rev= 1049.00; mid= 874.00


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

XLF (SPDR Financial)
new high 17.11
trend=up
high= 17.11
rev= 16.28; mid= 16.70


monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 11.81; rev= 16.85; mid= 14.33

AUDJPY
new high 0.9347
trend=up
high= 0.9347
rev= 0.8750; mid= 0.9049


monthly info -no change (above mid)
trend=up
high= 0.8745; rev= 0.6998; mid= 0.7872

YEN
new low 1.12150
trend=down
low= 1.12150
rev= 1.18940; mid= 1.15545


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 1.20870; rev= 1.31050; mid= 1.25960

Continuous Commodity Index
-no change (below mid)
trend=down
low= 551.25
rev= 565.17; mid= 558.21


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
low= 580.24; rev= 508.76; mid= 544.50

CAT (Caterpillar)
new high 95.19
trend=up
high= 95.19
rev= 86.99; mid= 91.09


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 73.84; rev= 115.41; mid= 94.63

AA (Alcoa)
-change (below mid)
trend=no
direction=down (1 bar)
low= 8.18
rev= 9.84; mid= 9.01


monthly info new low 8.41
trend=down
low= 8.41; rev= 8.65; mid= 8.53

Copper
-no change (above mid)
trend=down
low= 3.204
rev= 4.055; mid= 3.630



monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 3.204; rev= 4.591; mid= 3.898

AAPL (Apple Computer)
-no change (below mid)
trend=down
low= 509.59
rev= 547.06; mid= 528.33



monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 595.32; rev= 667.10; mid= 631.21



BIDU (Baidu)
WEEKLY REVERSAL new high 112.97
trend=no
direction=up (1 bar)
high= 112.97; rev= 89.36; mid= 101.17

JPM (JP Morgan Chase)
WEEKLY CONFIRMATION new high 46.14
trend=no
direction=up (2 bars)
high= 46.14; rev= 31.93; mid= 39.04

BAC (Bank of America)
-no change (above mid)
trend=up
high= 12.11; rev= 10.64; mid= 11.38

WFC (Wells Fargo)
new high 35.10
trend=up
high= 35.10; rev= 32.35; mid= 33.73

AXP (American Express)
WEEKLY REVERSAL new high 61.24
trend=no
direction=up (1 bar)
high= 61.24; rev= 53.43; mid= 57.34

AMZN (Amazon)
new high 267.94
trend=up
high= 267.94; rev= 248.27; mid= 258.11

M (Macy's)
new low 36.89
trend=down
low= 36.89; rev= 40.61; mid= 38.75

BKX (KBW Bank Index)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 53.73; rev= 41.93; mid= 47.83

Powershares USD Bull (UUP)
-no change (below mid)
trend=down
low= 21.64; rev= 22.42; mid= 22.03

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)
new high 161.16
trend=up
high= 161.16; rev= 149.71; mid= 155.44

XRT (SPDR Retail ETF)
-no change (above mid)
trend=up
high= 65.13; rev= 57.17; mid= 61.15

MUB (iShares S&P National AMT-Fre)
-change (above mid)
trend=down
low= 110.42; rev= 113.41; mid= 111.92

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=down
low= 13.68; rev= 14.76; mid= 14.22

JNK (SPDR Barclays Capital HY)
new high 41.21
trend=up
high= 41.21; rev= 39.93; mid= 40.57

EURCHF
-change (above mid)
trend=down
low= 1.1910; rev= 1.2382; mid= 1.2146

USDJPY
new high 89.13
trend=up
high= 89.13; rev= 84.16; mid= 86.65

HYGLQD
-no change (above mid)
trend=no
direction=down (1 bar)
low= 0.7388; rev= 0.7914; mid= 0.7651



EEM (MSCI Emerging Markets)
-no change (above mid)
trend=up
high= 44.99
rev= 42.78; mid= 43.89


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

Nikkei
new high 10801.57
trend=up
high= 10801.57
rev= 9737.56; mid= 10269.57


monthly info -no change (below mid)
trend=down
low= 8434.61; rev= 10546.44; mid= 9490.53

Hang Seng
-no change (above mid)
trend=up
high= 23331.09
rev= 22191.17; mid= 22761.13


monthly info -no change (above mid)
trend=down
low= 17592.41; rev= 23527.52; mid= 20559.97

Shanghai Composite
-no change (above mid)
trend=up
high= 2276.99
rev= 2150.62; mid= 2213.81


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=no
high= 7776.37
rev= 7517.80; mid= 7647.09


monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 5502.02; rev= 7514.46; mid= 6508.24

Athens
new high 979.72
trend=up
high= 979.72
rev= 896.88; mid= 938.30


monthly info MONTHLY CONFIRMATION new high 809.14
trend=no; direction=up (2 bars)
high= 809.14; rev= 525.45; mid= 667.30

IBEX
new high 8664.70
trend=up
high= 8664.70
rev= 8230.70; mid= 8447.70


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