Weekly 3LB Update 5/17/13

Weekly 3LB update (week ending 5/17/13)
a new high or low will change the reversal price and the midpoint


SPX
new high 1667.47
trend=up
high= 1667.47
rev= 1588.85; mid= 1628.16


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

Dow Jones
new high 15354.40
trend=up
high= 15354.40
rev= 14865.06; mid= 15109.73


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

Dow Jones Transportation Avg
new high 6549.16
trend=up
high= 6549.16
rev= 6143.48; mid= 6346.48


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

Nasdaq Composite
new high 3498.97
trend=up
high= 3498.97
rev= 3267.52; mid= 3383.25


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

DXY
new high 84.21
trend=up
high= 84.21
rev= 82.71; mid= 83.46


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

Gold
new low 1364.70
trend=down
low= 1364.70
rev= 1573.90; mid= 1469.30


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

VIX
WEEKLY REVERSAL new low 12.45
trend=no
direction=down (1 bar)
low= 12.45
rev= 14.97; mid= 13.71


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= 99.31
rev= 87.79; mid= 93.55


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

Silver
new low 22.35
trend=down
low= 22.35
rev= 27.27; mid= 24.81


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

EURUSD
-change (below 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)
WEEKLY REVERSAL new high 158.18
trend=no
direction=up (1 bar)
high= 158.18
rev= 138.72; mid= 148.45

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

Lumber
new low 315.80
trend=down
low= 315.80
rev= 361.40; mid= 338.60


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 19.95
trend=up
high= 19.95
rev= 18.57; mid= 19.26


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

AUDJPY
-change (below 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 0.96860
trend=down
low= 0.96860
rev= 1.01380; mid= 0.99150


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=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)
-no change (above mid)
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)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 95.45; rev= 83.59; mid= 89.52

JPM (JP Morgan Chase)
WEEKLY REVERSAL new high 52.27
trend=no
direction=up (1 bar)
high= 52.27; rev= 47.23; mid= 49.75

BAC (Bank of America)
new high 13.43
trend=up
high= 13.43; rev= 12.11; mid= 12.77

WFC (Wells Fargo)
new high 39.88
trend=up
high= 39.88; rev= 35.82; mid= 37.85

AXP (American Express)
new high 73.32
trend=up
high= 73.32; rev= 67.46; mid= 70.39

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

M (Macy's)
new high 48.67
trend=up
high= 48.67; rev= 44.63; mid= 46.65

BKX (KBW Bank Index)
WEEKLY CONFIRMATION new high 61.13
trend=no
direction=up (2 bars)
high= 61.13; rev= 54.85; mid= 57.99

Powershares USD Bull (UUP)
new high 22.92
trend=up
high= 22.92; rev= 22.44; mid= 22.68

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 184.57
trend=up
high= 184.57; rev= 161.16; mid= 172.87

XRT (SPDR Retail ETF)
new high 77.75
trend=up
high= 77.75; rev= 73.02; mid= 75.39

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

IQI (Morgan Stanley Quality Muni)
-no 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 103.18
trend=up
high= 103.18; rev= 98.83; mid= 101.01

HYGLQD
WEEKLY CONFIRMATION new high 0.7951
trend=no
direction=up (2 bars)
high= 0.7951; rev= 0.7378; mid= 0.7665



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 15138.12
trend=up
high= 15138.12
rev= 13485.14; mid= 14311.63


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 CONFIRMATION new high 2282.87
trend=no
direction=up (2 bars)
high= 2282.87
rev= 2177.91; mid= 2230.39

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

DAX
new high 8398.00
trend=up
high= 8398.00
rev= 7986.47; mid= 8192.24


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

Athens
new high 1152.60
trend=up
high= 1152.60
rev= 962.03; mid= 1057.32


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

IBEX
new high 8582.40
trend=up
high= 8582.40
rev= 7920.00; mid= 8251.20


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