Weekly 3LB Update 5/3/13

Weekly 3LB update (week ending 5/3/13)
a new high or low will change the reversal price and the midpoint


SPX
new high 1614.42
trend=up
high= 1614.42
rev= 1560.70; mid= 1587.56


monthly info new high 1597.57
trend=up
high= 1597.57; rev= 1498.11; mid= 1547.84

Dow Jones
new high 14973.96
trend=up
high= 14973.96
rev= 14514.11; mid= 14744.04


monthly info new high 14839.80
trend=up
high= 14839.80; rev= 13860.58; mid= 14350.19

Dow Jones Transportation Avg
-no change (above mid)
trend=up
high= 6272.67
rev= 5946.45; mid= 6109.56


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

Nasdaq Composite
WEEKLY REVERSAL new high 3378.63
trend=no
direction=up (1 bar)
high= 3378.63
rev= 3202.06; mid= 3292.35


monthly info new high 3328.79
trend=up
high= 3328.79; rev= 3142.13; mid= 3235.46

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
-no change (below mid)
trend=down
low= 1395.60
rev= 1574.40; mid= 1485.00


monthly info -no change (below mid)
trend=up
high= 1854.00; rev= 1465.30; mid= 1659.65

VIX
-no change (below mid)
trend=up
high= 14.97
rev= 12.46; mid= 13.72


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

WTI Crude Oil
-change (above 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= 85.91; rev= 122.27; mid= 104.09

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


monthly info -no change (below mid)
trend=down
low= 17.52; rev= 19.17; mid= 18.35

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

Silver
-no change (below mid)
trend=down
low= 22.96
rev= 28.33; mid= 25.65


monthly info MONTHLY REVERSAL new low 24.19
trend=no; direction=down (1 bar)
low= 24.19; rev= 34.79; mid= 29.49

EURUSD
WEEKLY CONFIRMATION new high 1.3113
trend=no
direction=up (2 bars)
high= 1.3113
rev= 1.2823; mid= 1.2968



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

GS (Goldman Sachs)
-no change (below mid)
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 338.60
trend=no
low= 338.60
rev= 360.60; mid= 349.60


monthly info -change (below 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)
new high 18.85
trend=up
high= 18.85
rev= 18.44; mid= 18.65


monthly info new high 18.70
trend=up
high= 18.70; rev= 17.38; mid= 18.04

AUDJPY
-change (above mid)
trend=up
high= 1.0331
rev= 0.9801; mid= 1.0066


monthly info new high 1.0044
trend=up
high= 1.0044; rev= 0.9456; mid= 0.9750

YEN
-no change (below mid)
trend=down
low= 1.00820
rev= 1.04380; mid= 1.02600


monthly info new low 1.02600
trend=down
low= 1.02600; rev= 1.09640; mid= 1.06120

GSCI (Ishares)
-no change (below 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 (above mid)
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)
-no change (below mid)
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
-no change (below mid)
trend=down
low= 3.150
rev= 4.002; mid= 3.576



monthly info MONTHLY CONFIRMATION new low 3.188
trend=no; direction=down (2 bars)
low= 3.188; rev= 4.622; mid= 3.905

AAPL (Apple Computer)
WEEKLY REVERSAL new high 449.98
trend=no
direction=upp (1 bar)
high= 449.98
rev= 390.53; mid= 420.26



monthly info new low 442.78
trend=down
low= 442.78; rev= 532.17; mid= 482.98



BIDU (Baidu)
-no change (below mid)
trend=down
low= 83.59; rev= 92.68; mid= 88.14

JPM (JP Morgan Chase)
-change (below mid)
trend=no
direction=down (2 bars)
low= 47.23; rev= 50.20; mid= 48.72

BAC (Bank of America)
-no change (above 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)
new high 70.23
trend=up
high= 70.23; rev= 66.22; mid= 68.23

AMZN (Amazon)
-no change (below mid)
trend=down
low= 254.81; rev= 272.12; mid= 263.47

M (Macy's)
new high 46.23
trend=up
high= 46.23; rev= 43.39; mid= 44.81

BKX (KBW Bank Index)
-no change (above mid)
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)
new high 179.54
trend=up
high= 179.54; rev= 156.77; mid= 168.16

XRT (SPDR Retail ETF)
new high 74.54
trend=up
high= 74.54; rev= 70.34; mid= 72.44

MUB (iShares S&P National AMT-Fre)
-no change (above mid)
trend=up
high= 111.72; rev= 110.97; mid= 111.35

IQI (Morgan Stanley Quality Muni)
-no change (above mid)
trend=down
low= 13.04; rev= 13.81; mid= 13.43

JNK (SPDR Barclays Capital HY)
WEEKLY CONFIRMATION new high 41.74
trend=no
direction=up (2 bars)
high= 41.74; rev= 40.45; mid= 41.10

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=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)
-change (above 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= 13884.13
rev= 12560.95; mid= 13222.09


monthly info new high 13860.86
trend=up
high= 13860.86; rev= 11138.66; mid= 12499.76

Hang Seng
-change (above 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= 2177.91
rev= 2236.30; mid= 2207.11


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 8122.29
trend=no
direction=up (1 bar)
high= 8122.29
rev= 7459.96; mid= 7791.13

monthly info new high 7913.71
trend=up
high= 7913.71; rev= 7612.39; mid= 7763.05

Athens
WEEKLY CONFIRMATION new high 983.64
trend=no
direction=up (2 barS)
high= 983.64
rev= 822.95; mid= 903.30


monthly info -change (above mid)
trend=no; direction=down (1 bar)
low= 869.19; rev= 1007.99; mid= 938.59

IBEX
WEEKLY CONFIRMATION new high 8544.80
trend=no
direction=up (2 bars)
high= 8544.80
rev= 7798.40; mid= 8171.60


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

Weekly 3LB Update 4/26/13

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


SPX
-change (above 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 (above 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 (above 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
-change (above mid)
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
-no change (below mid)
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
-change (below mid)
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
-no change (below mid)
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)
-no change (below mid)
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 353.00
trend=no
low= 353.00
rev= 374.10; mid= 363.55


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)
new high 18.57
trend=up
high= 18.57
rev= 18.24; mid= 18.41


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

AUDJPY
-change (below 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
-no change (below mid)
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)
-no change (below 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)
-change (above mid)
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)
-no change (below mid)
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
-no change (below mid)
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)
-change (above mid)
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)
-no change (below mid)
trend=down
low= 83.59; rev= 92.68; mid= 88.14

JPM (JP Morgan Chase)
-change (above mid)
trend=no
direction=down (2 bars)
low= 47.23; rev= 50.20; mid= 48.72

BAC (Bank of America)
-change (above 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)
new high 67.75
trend=up
high= 67.75; rev= 66.09; mid= 66.92

AMZN (Amazon)
new low 254.81
trend=down
low= 254.81; rev= 272.12; mid= 263.47

M (Macy's)
new high 44.63
trend=up
high= 44.63; rev= 42.66; mid= 43.65

BKX (KBW Bank Index)
-change (above mid)
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 (above mid)
trend=up
high= 73.02; rev= 69.51; mid= 71.27

MUB (iShares S&P National AMT-Fre)
new high 111.72
trend=up
high= 111.72; rev= 110.97; mid= 111.35

IQI (Morgan Stanley Quality Muni)
-no change (above mid)
trend=down
low= 13.04; rev= 13.81; mid= 13.43

JNK (SPDR Barclays Capital HY)
WEEKLY REVERSAL new high 41.52
trend=no
direction=up (1 bar)
high= 41.52; rev= 40.45; mid= 40.99

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

USDJPY
-no change (above mid)
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
new high 13884.13
trend=up
high= 13884.13
rev= 12560.95; mid= 13222.09


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
new low 2177.91
trend=down
low= 2177.91
rev= 2236.30; mid= 2207.11


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

DAX
-change (above mid)
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
WEEKLY REVERSAL new high 962.03
trend=no
direction=up (1 bar)
high= 962.03
rev= 822.95; mid= 892.49


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

IBEX
WEEKLY REVERSAL new high 8297.00
trend=no
direction=up (1 bar)
high= 8297.00
rev= 7798.40; mid= 8047.70


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