Weekly 3LB Update 4/19/13

Weekly 3LB update (week ending 4/19/13)
a new high or low will change the reversal price and the midpoint


SPX
-change (below mid)
trend=up
high= 1588.85
rev= 1551.18; mid= 1570.02


monthly info new high 1569.19
trend=up
high= 1569.19; rev= 1440.67; mid= 1504.93

Dow Jones
-change (below mid)
trend=up
high= 14865.06
rev= 14397.07; mid= 14631.07


monthly info new high 14578.54
trend=up
high= 14578.54; rev= 13437.13; mid= 14007.84

Dow Jones Transportation Avg
-change (below mid)
trend=up
high= 6272.67
rev= 5946.45; mid= 6109.56


monthly info new high 6255.33
trend=no; direction=up (2 bars)
high= 6255.33; rev= 5804.23; mid= 6029.78

Nasdaq Composite
WEEKLY REVERSAL new low 3202.06
trend=up
high= 3202.06
rev= 3294.95; mid= 3248.51


monthly info new high 3267.52
trend=up
high= 3267.52; rev= 3116.23; mid= 3191.88

DXY
-no change (above mid)
trend=up
high= 82.98
rev= 80.17; mid= 81.58


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

Gold
new low 1501.40
trend=down
low= 1395.60
rev= 1574.40; mid= 1485.00


monthly info -no change (below mid)
trend=up
high= 1852.40; rev= 1463.70; mid= 1658.05

VIX
new high 14.97
trend=up
high= 14.97
rev= 12.46; mid= 13.72


monthly info MONTHLY CONFIRMATION new low 12.70
trend=no; direction=up (2 bars)
low= 12.70; rev= 42.96; mid= 27.83

WTI Crude Oil
-no change (below mid)
trend=no
direction=up (2 bars)
high= 99.02
rev= 87.50; mid= 93.26


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 85.62; rev= 121.98; mid= 103.80

Sugar #11
-no change (below mid)
trend=no
direction=up (1 bar)
high= 28.67
rev= 16.81; mid= 22.74


monthly info new low 17.66
trend=down
low= 17.66; rev= 19.31; mid= 18.49

30 Year Yield
-no change (below 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 (below mid)
trend=down
low= 14.60
rev= 22.32; mid= 18.46



monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 19.85; rev= 14.92; mid= 17.39

Silver
new low 22.96
trend=down
low= 22.96
rev= 28.33; mid= 25.65


monthly info -no change (below mid)
trend=no; direction=up (2 bars)
high= 34.74; rev= 27.86; mid= 31.30

EURUSD
_no change (above mid)
trend=no
direction=up (1 bar)
high= 1.3085
rev= 1.2823; mid= 1.2954



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

GS (Goldman Sachs)
WEEKLY CONFIRMATION new low 138.72
trend=no
direction=down (2 bars)
low= 138.72
rev= 154.99; mid= 146.86


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

Lumber
new low 360.60
trend=no
low= 360.60
rev= 398.10; mid= 379.35


monthly info -no change (above mid)
trend=up
high= 393.50; rev= 300.00; mid= 346.75

Baltic Dry Index
-no change (below mid)
trend=down
low= 700.00
rev= 1090.00; mid= 895.00


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

XLF (SPDR Financial)
-change (below mid)
trend=up
high= 18.47
rev= 17.76; mid= 18.12


monthly info new high 18.21
trend=up
high= 18.21; rev= 13.38; mid= 15.80

AUDJPY
-no change (above mid)
trend=up
high= 1.0331
rev= 0.9801; mid= 1.0066


monthly info new high 0.9805
trend=up
high= 0.9805; rev= 0.8863; mid= 0.9334

YEN
new low 1.00820
trend=down
low= 1.00820
rev= 1.04380; mid= 1.02600


monthly info new low 1.05940
trend=down
low= 1.05940; rev= 1.15540; mid= 1.10740

GSCI (Ishares)
new low 30.40
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)
new low 80.43
trend=down
low= 80.43
rev= 87.48; mid= 83.96


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

AA (Alcoa)
WEEKLY CONFIRMATION new low 8.08
trend=no
direction=down (2 bars)
low= 8.08
rev= 9.84; mid= 8.96


monthly info -no change (below mid)
trend=no; direction=up (2 bars)
low= 8.84; rev= 8.41; mid= 8.63

Copper
new low 3.148
trend=down
low= 3.148
rev= 4.001; mid= 3.575



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

AAPL (Apple Computer)
new low 390.53
trend=down
low= 390.53
rev= 439.88; mid= 415.21



monthly info -no change (below mid)
trend=down
low= 441.40; rev= 585.28; mid= 513.34



BIDU (Baidu)
-change (below mid)
trend=down
low= 83.59; rev= 92.68; mid= 88.14

JPM (JP Morgan Chase)
WEEKLY CONFIRMATION new low 47.23
trend=no
direction=down (2 bars)
low= 47.23; rev= 50.20; mid= 48.72

BAC (Bank of America)
-change (below mid)
trend=up
high= 12.57; rev= 11.29; mid= 11.93

WFC (Wells Fargo)
-no change (above mid)
trend=up
high= 38.20; rev= 35.16; mid= 36.68

AXP (American Express)
-change (above mid)
trend=up
high= 67.46; rev= 64.70; mid= 66.08

AMZN (Amazon)
-change (below mid)
trend=no
direction=down (2 bars)
low= 255.48; rev= 283.99; mid= 269.74

M (Macy's)
-no change (above mid)
trend=up
high= 44.43; rev= 41.78; mid= 43.11

BKX (KBW Bank Index)
WEEKLY REVERSAL new low 54.85
trend=no
direction=down (1 bar)
low= 54.85; rev= 57.52; mid= 56.19

Powershares USD Bull (UUP)
-no change (above mid)
trend=up
high= 22.60; rev= 21.64; mid= 22.12

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 130.36; rev= 111.43; mid= 120.90

V (Visa)
-no change (above mid)
trend=up
high= 169.85; rev= 150.77; mid= 160.31

XRT (SPDR Retail ETF)
-change (below mid)
trend=up
high= 73.02; rev= 69.51; mid= 71.27

MUB (iShares S&P National AMT-Fre)
new high 111.50
trend=up
high= 111.50; rev= 110.33; mid= 110.92

IQI (Morgan Stanley Quality Muni)
-change (above mid)
trend=down
low= 13.04; rev= 13.81; mid= 13.43

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 40.45; rev= 41.36; mid= 40.91

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

USDJPY
new high 99.51
trend=up
high= 99.51; rev= 96.01; mid= 97.76

HYGLQD
-no change (above mid)
trend=no
direction=up (1 bar)
high= 0.7923; rev= 0.7378; mid= 0.7651



EEM (MSCI Emerging Markets)
-no change (below mid)
trend=down
low= 41.61
rev= 43.70; mid= 42.66


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

Nikkei
-no change (above mid)
trend=up
high= 13485.14
rev= 12283.62; mid= 12884.38


monthly info new high 12335.96
trend=up
high= 12335.96; rev= 8700.29; mid= 10518.13

Hang Seng
-no change (below mid)
trend=down
low= 21726.90
rev= 23601.78; mid= 22664.34


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= 2206.78
rev= 2419.02; mid= 2312.90


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 low 7459.96
trend=no
direction=down (1 bar)
low= 7459.96
rev= 8042.85; mid= 7751.41

monthly info new hinge 7795.31
trend=up
high= 7795.31; rev= 5784.85; mid= 6790.08

Athens
-no change (above mid)
trend=down
low= 822.95
rev= 952.34; mid= 887.65


monthly info -change below mid)
trend=up
high= 1007.99; rev= 809.14; mid= 908.57

IBEX
-change (below mid)
trend=down
low= 7798.40
rev= 8174.90; mid= 7986.65


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