Weekly 3LB Update 5/10/13

Weekly 3LB update (week ending 5/10/13)
a new high or low will change the reversal price and the midpoint


SPX
new high 1633.70
trend=up
high= 1633.70
rev= 1569.19; mid= 1601.45


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

Dow Jones
new high 15118.49
trend=up
high= 15118.49
rev= 14578.54; mid= 14848.52


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

Dow Jones Transportation Avg
new high 6375.52
trend=up
high= 6375.52
rev= 5984.90; mid= 6180.21


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

Nasdaq Composite
WEEKLY CONFIRMATION new high 3436.58
trend=no
direction=up (2 bars)
high= 3436.58
rev= 3202.06; mid= 3321.32

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

DXY
new high 83.14
trend=up
high= 83.14
rev= 82.28; mid= 82.71


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
-no 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= 28.53
rev= 16.67; mid= 22.60

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

30 Year Yield
-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
-change (above 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= 23.01
rev= 28.38; mid= 25.70


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

EURUSD
-no change (above mid)
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)
-change (above 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 335.00
trend=no
low= 335.00
rev= 360.60; mid= 347.80


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 19.25
trend=up
high= 19.25
rev= 18.47; mid= 18.86


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

AUDJPY
-no change (above mid)
trend=up
high= 1.0309
rev= 0.9801; mid= 1.0055


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

YEN
new low 0.98160
trend=down
low= 0.98160
rev= 1.02480; mid= 1.00320


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)
WEEKLY REVERSAL new high 88.62
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)
-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 CONFIRMATION new high 452.97
trend=no
direction=up (2 bars)
high= 452.97
rev= 390.53; mid= 421.75

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



BIDU (Baidu)
WEEKLY REVERSAL new high 95.45
trend=no
direction=up (1 bar)
high= 95.45; rev= 83.59; mid= 89.52

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)
new high 13.02
trend=up
high= 13.02; rev= 11.36; mid= 12.19

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

AXP (American Express)
-no change (above mid)
trend=up
high= 70.23; rev= 66.22; mid= 68.23

AMZN (Amazon)
-change (above mid)
trend=down
low= 254.81; rev= 272.12; mid= 263.47

M (Macy's)
new high 47.23
trend=up
high= 47.23; rev= 44.43; mid= 45.83

BKX (KBW Bank Index)
WEEKLY REVERSAL new high 58.53
trend=no
direction=up (1 bar)
high= 58.53; rev= 54.85; mid= 56.69

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)
-change (below 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= 179.54; rev= 156.77; mid= 168.16

XRT (SPDR Retail ETF)
new high 76.45
trend=up
high= 76.45; rev= 70.39; mid= 73.42

MUB (iShares S&P National AMT-Fre)
WEEKLY REVERSAL new low 110.78
trend=no
direction=down (1 bar)
low= 110.78; rev= 111.72; mid= 111.25

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

JNK (SPDR Barclays Capital HY)
-no change (above mid)
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
new high 101.52
trend=up
high= 101.52; rev= 93.54; mid= 97.53

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 (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
new high 14607.54
trend=up
high= 14607.54
rev= 12833.64; mid= 13720.59


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

Hang Seng
-no 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
WEEKLY REVERSAL new high 2246.83
trend=no
direction=up (1 bar)
high= 2246.83
rev= 2177.91; mid= 2212.37

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

DAX
WEEKLY CONFIRMATION new high 8278.59
trend=no
direction=up (2 bars)
high= 8278.59
rev= 7459.96; mid= 7869.28

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

Athens
new high 1034.39
trend=up
high= 1034.39
rev= 869.19; mid= 951.79


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

IBEX
-no change (above mid)
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