Weekly 3LB Update 1/3/14

Weekly 3LB update (week ending 1/3/14)
a new high or low will change the reversal price and the midpoint

SPX
-no change (above mid)
trend=up
high= 1841.40
rev= 1804.76; mid= 1823.08



monthly info new high 1848.36
trend=up
high= 1848.36; rev= 1685.73; mid= 1767.05

Dow Jones
-no change (above mid)
trend=no
direction=up (2 bars)
high= 16478.41
rev= 15755.36; mid= 16116.89


monthly info new high 16576.66
trend=up
high= 16576.66; rev= 15499.54; mid= 16038.10

Dow Jones Transportation Avg
-no change (above mid)
trend=up
high= 7352.08
rev= 7211.04; mid= 7281.56



monthly info new high 7400.57
trend=up
high= 7400.57; rev= 6582.43; mid= 6991.50

Nasdaq Composite
-no change (above mid)
trend=up
high= 4156.59
rev= 4059.89; mid= 4108.24



monthly info new high 4176.59
trend=up
high= 4176.59; rev= 3771.48; mid= 3974.04

DXY
-no change (above mid)
trend=no
direction=up (2 bars)
high= 81.21
rev= 79.21; mid= 80.21


monthly info -no change (below mid)
trend=up
high= 83.38; rev= 78.55; mid= 80.97

Gold
-no change (below mid)
trend=no
direction=down (1 bar)
low= 1203.70
rev= 1396.20; mid= 1299.95


monthly info new low 1202.30
trend=down
low= 1202.30; rev= 1655.30; mid= 1428.80

VIX
-no change (below mid)
trend=down
low= 11.98
rev= 17.14; mid= 14.56



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

WTI Crude Oil
WEEKLY REVERSAL new low 93.96
trend=no
direction=down (1 bar)
low= 93.96
rev= 100.32; mid= 97.14


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 86.76; rev= 121.95; mid= 104.36

Sugar #11
new low 16.08
trend=down
low= 16.08
rev= 17.15; mid= 16.62



monthly info new low 16.41
trend=down
low= 16.41; rev= 18.42; mid= 17.42

30 Year Yield
-no change (above mid)
trend=no
direction=up (2 bars)
high= 39.43
rev= 35.93; mid= 37.68


monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 25.77; rev= 47.15; mid= 36.46

10 Year Yield
-no change (above mid)
trend=no
direction=up (1 bar)
high= 30.06
rev= 25.03; mid= 27.55


monthly info new high 30.26
trend=up
high= 30.26; rev= 24.78; mid= 27.52

Silver
-no change (below mid)
trend=no
direction=down (2 bars)
low= 19.45
rev= 23.92; mid= 21.69


monthly info new low 19.38
trend=down
low= 19.38; rev= 24.30; mid= 21.84

EURUSD
-no change (above mid)
trend=no
direction=down (2 bars)
low= 1.3355
rev= 1.3806; mid= 1.3581


monthly info MONTHLY CONFIRMATION new high 1.3788
trend=no; direction=up (2 bars)
high= 1.3788; rev= 1.2349; mid= 1.3069

GS (Goldman Sachs)
new high 178.15
trend=up
high= 178.15
rev= 169.75; mid= 173.95



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

Lumber
-change (below mid)
trend=no
direction=up (2 bars)
high= 373.60
rev= 344.80; mid= 359.20


monthly info -no change (above mid)
trend=down
low= 295.70; rev= 378.80; mid= 337.25

Baltic Dry Index
-no change (above mid)
trend=no
direction=up (2 bars)
high= 2330.00
rev= 1483.00; mid= 1906.50


monthly info -change (above mid)
trend=down
low= 680.00; rev= 3217.00; mid= 1948.50

XLF
new high 21.89
trend=up
high= 21.89
rev= 21.49; mid= 21.69



monthly info new high 21.90
trend=up
high= 21.90; rev= 20.49; mid= 21.20

AUDJPY
-no change (above mid)
trend=up
high= 0.9424
rev= 0.8769; mid= 0.9097



monthly info -no change (below mid)
trend=down
low= 0.8671; rev= 1.0071; mid= 0.9371

YEN
-no change (below mid)
trend=no
direction=down (2 bars)
low= 0.95150
rev= 1.05100; mid= 1.00125


monthly info new low 0.95150
trend=down
low= 0.95150; rev= 1.02600; mid= 0.98875

GSCI (Ishares)
-change (below mid)
trend=no
direction=up (1 bar)
high= 33.89
rev= 30.40; mid= 32.15


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=up
high= 90.87
rev= 84.60; mid= 87.74



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 (above mid)
trend=up
high= 10.69
rev= 9.27; mid= 9.98



monthly info new high 10.63
trend=up
high= 10.63; rev= 7.82; mid= 9.23

Copper
-no change (above mid)
trend=up
high= 3.385
rev= 3.109; mid= 3.247



monthly info -no change (below mid)
trend=no
low= 3.072; rev= 4.612; mid= 3.842

AAPL (Apple Computer)
-change (below mid)
trend=up
high= 560.09
rev= 525.96; mid= 543.03



monthly info MONTHLY CONFIRMATION new high 561.02
trend=no; direction=up (2 bars)
high= 561.02; rev= 396.53; mid= 478.78

BIDU (Baidu)
new high 175.28
trend=up
high= 175.28; rev= 71.24; mid= 173.26

JPM (JP Morgan Chase)
new high 58.70
trend=up
high= 58.70; rev= 57.46; mid= 58.06

BAC (Bank of America)
new high 16.41
trend=up
high= 16.41; rev= 14.92; mid= 15.67

WFC (Wells Fargo)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 45.50; rev= 41.08; mid= 43.29

AXP (American Express)
new high 89.74
trend=up
high= 89.74; rev= 85.93; mid= 87.84

AMZN (Amazon)
-no change (above mid)
trend=up
high= 402.20; rev= 369.17; mid= 385.69

M (Macy's)
new high 53.54
trend=up
high= 53.54; rev= 51.09; mid= 52.32

BKX (KBW Bank Index)
new high 69.47
trend=up
high= 69.47; rev= 67.79; mid= 68.63

Powershares USD Bull (UUP)
-change (above mid)
trend=no
direction=up (2 bars)
high= 21.90; rev= 21.34; mid= 21.62

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (below mid)
trend=down
low= 101.81; rev= 103.37; mid= 102.59

V (Visa)
new high 221.16
trend=up
high= 221.16; rev= 207.36; mid= 214.26

XRT (SPDR Retail ETF)
-no change (above mid)
trend=up
high= 88.46; rev= 84.55; mid= 86.51

MUB (iShares S&P National AMT-Fre)
-no change (below mid)
trend=down
low= 101.23; rev= 107.30; mid= 104.27

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=down
low= 10.80; rev= 11.40; mid= 11.10

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 40.75; rev= 38.99; mid= 39.87

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= 105.10; rev= 97.28; mid= 101.19

HYGLQD
-no change (below mid)
trend=no
direction=down (1 bar)
low= 0.8080; rev= 0.8185; mid= 0.8133

EEM (MSCI Emerging Markets)
new low 40.12
trend=down
low= 40.12
rev= 41.16; mid= 40.64



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

Nikkei
new high 16291.31
trend=up
high= 16291.31
rev= 15661.87; mid= 15976.59



monthly info new high 16291.31
trend=up
high= 16291.31; rev= 13860.86; mid= 15076.09

Hang Seng
-no change (below mid)
trend=no
direction=down (1 bar)
low= 22812.18
rev= 23881.29; mid= 23346.74


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 23881.29; rev= 17592.41; mid= 20736.85

Shanghai Composite
-no change (below mid)
trend=no
direction=up (2 bars)
high= 2237.11
rev= 1979.21; mid= 2108.16


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
direction=up (1 bar)
high= 9589.39
rev= 9006.46; mid= 9297.93


monthly info new high 9552.16
trend=up
high= 9552.16; rev= 8594.40; mid= 9073.28

Athen
new high 1205.51
trend=up
high= 1205.51
rev= 1166.00; mid= 1185.76



monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 1195.68; rev= 847.57; mid= 1021.63

IBEX
-no change (above mid)
trend=up
high= 10001.80
rev= 9228.40; mid= 9615.10



monthly info new high 9916.70
trend=up
high= 9916.70; rev= 8456.50; mid= 9186.60

Weekly 3LB Update 12/27/13

Weekly 3LB update (week ending 12/27/13)
a new high or low will change the reversal price and the midpoint

SPX
new high 1841.40
trend=up
high= 1841.40
rev= 1804.76; mid= 1823.08



monthly info new high 1805.81
trend=up
high= 1805.81; rev= 1630.74; mid= 1718.28

Dow Jones
WEEKLY CONFIRMATION new high 16478.41
trend=no
direction=up (2 bars)
high= 16478.41
rev= 15755.36; mid= 16116.89


monthly info new high 16086.41
trend=up
high= 16086.41; rev= 15115.57; mid= 15600.99

Dow Jones Transportation Avg
new high 7352.08
trend=up
high= 7352.08
rev= 7211.04; mid= 7281.56



monthly info new high 7235.69
trend=up
high= 7235.69; rev= 6461.80; mid= 6848.75

Nasdaq Composite
new high 4156.59
trend=up
high= 4156.59
rev= 4059.89; mid= 4108.24



monthly info new high 4059.89
trend=up
high= 4059.89; rev= 3626.37; mid= 3843.18

DXY
-no change (above mid)
trend=no
direction=up (2 bars)
high= 81.21
rev= 79.21; mid= 80.21


monthly info -no change (below mid)
trend=up
high= 83.38; rev= 78.55; mid= 80.97

Gold
-no change (below mid)
trend=no
direction=down (1 bar)
low= 1203.70
rev= 1396.20; mid= 1299.95


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 1225.00; rev= 1855.80; mid= 1540.40

VIX
-no change (below mid)
trend=down
low= 11.98
rev= 17.14; mid= 14.56



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

WTI Crude Oil
new high 100.32
trend=up
high= 100.32
rev= 94.78; mid= 97.55



monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 86.47; rev= 121.95; mid= 104.21

Sugar #11
-no change (below mid)
trend=down
low= 16.27
rev= 17.40; mid= 16.84



monthly info -change (below mid)
trend=down
low= 16.93; rev= 19.15; mid= 18.04

30 Year Yield
WEEKLY CONFIRMATION new high 39.43
trend=no
direction=up (2 bars)
high= 39.43
rev= 35.93; mid= 37.68


monthly info -change (above mid)
trend=no; direction=down (2 bars)
low= 25.77; rev= 47.15; mid= 36.46

10 Year Yield
WEEKLY REVERSAL new high 30.06
trend=no
direction=up (1 bar)
high= 30.06
rev= 25.03; mid= 27.55


monthly info -no change (above mid)
trend=up
high= 27.49; rev= 21.64; mid= 24.57

Silver
-no change (below mid)
trend=no
direction=down (2 bars)
low= 19.45
rev= 23.92; mid= 21.69


monthly info -no change (below mid)
trend=down
low= 19.56; rev= 31.76; mid= 25.66

EURUSD
-no change (above mid)
trend=no
direction=down (2 bars)
low= 1.3355
rev= 1.3806; mid= 1.3581


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 1.3595; rev= 1.2350; mid= 1.2973

GS (Goldman Sachs)
new high 176.35
trend=up
high= 176.35
rev= 167.62; mid= 171.99



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

Lumber
-no change (above mid)
trend=no
direction=up (2 bars)
high= 373.60
rev= 344.80; mid= 359.20


monthly info -no change (above mid)
trend=down
low= 295.70; rev= 378.80; mid= 337.25

Baltic Dry Index
-no change (above mid)
trend=no
direction=up (2 bars)
high= 2330.00
rev= 1483.00; mid= 1906.50


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

XLF
new high 21.79
trend=up
high= 21.79
rev= 21.13; mid= 21.46



monthly info new high 21.48
trend=up
high= 21.48; rev= 19.84; mid= 20.66

AUDJPY
-no change (above mid)
trend=up
high= 0.9424
rev= 0.8769; mid= 0.9097



monthly info -no change (below mid)
trend=down
low= 0.8671; rev= 1.0071; mid= 0.9371

YEN
WEEKLY CONFIRMATION new low 0.95150
trend=no
direction=down (2 bars)
low= 0.95150
rev= 1.05100; mid= 1.00125


monthly info new low 0.97610
trend=down
low= 0.97610; rev= 1.06410; mid= 1.02010

GSCI (Ishares)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 33.89
rev= 30.40; mid= 32.15


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 30.19; rev= 38.94; mid= 32.00

CAT (Caterpillar)
new high 90.87
trend=up
high= 90.87
rev= 84.60; mid= 87.74



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

AA (Alcoa)
new high 10.69
trend=up
high= 10.69
rev= 9.27; mid= 9.98



monthly info MONTHLY CONFIRMATION new high 9.61
trend=no; direction=up (2 bars)
high= 9.61; rev= 7.70; mid= 8.66

Copper
new high 3.385
trend=up
high= 3.385
rev= 3.109; mid= 3.247



monthly info -no change (below mid)
trend=no
low= 3.072; rev= 4.612; mid= 3.842

AAPL (Apple Computer)
new high 560.09
trend=up
high= 560.09
rev= 525.96; mid= 543.03



monthly info MONTHLY REVERSAL new high 556.07
trend=no; direction=up (1 bar)
high= 556.07; rev= 396.53; mid= 476.30

BIDU (Baidu)
new high 173.77
trend=up
high= 173.77; rev= 168.71; mid= 171.24

JPM (JP Morgan Chase)
new high 58.14
trend=up
high= 58.14; rev= 54.87; mid= 56.51

BAC (Bank of America)
-no change (above mid)
trend=up
high= 15.82; rev= 14.84; mid= 15.33

WFC (Wells Fargo)
WEEKLY CONFIRMATION new high 45.50
trend=no
direction=up (2 bars)
high= 45.50; rev= 41.08; mid= 43.29

AXP (American Express)
new high 89.19
trend=up
high= 89.19; rev= 85.80; mid= 87.50

AMZN (Amazon)
-no change (above mid)
trend=up
high= 402.20; rev= 369.17; mid= 385.69

M (Macy's)
-no change (above mid)
trend=up
high= 53.26; rev= 46.18; mid= 49.76

BKX (KBW Bank Index)
new high 69.08
trend=up
high= 69.08; rev= 66.05; mid= 67.57

Powershares USD Bull (UUP)
-change (below mid)
trend=no
direction=up (2 bars)
high= 21.90; rev= 21.34; mid= 21.62

TLT (iShares Barclays 20+ Year Treas Bond)
new low 101.81
trend=down
low= 101.81; rev= 103.37; mid= 102.59

V (Visa)
new high 219.67
trend=up
high= 219.67; rev= 203.46; mid= 211.57

XRT (SPDR Retail ETF)
-no change (above mid)
trend=up
high= 88.46; rev= 84.55; mid= 86.51

MUB (iShares S&P National AMT-Fre)
-no change (below mid)
trend=down
low= 101.23; rev= 107.30; mid= 104.27

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=down
low= 10.80; rev= 11.40; mid= 11.10

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 40.75; rev= 38.99; mid= 39.87

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

USDJPY
new high 105.10
trend=up
high= 105.10; rev= 97.28; mid= 101.19

HYGLQD
-no change (below mid)
trend=no
direction=down (1 bar)
low= 0.8080; rev= 0.8185; mid= 0.8133

EEM (MSCI Emerging Markets)
-no change (below mid)
trend=down
low= 40.48
rev= 42.83; mid= 41.66



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

Nikkei
new high 16178.94
trend=up
high= 16178.94
rev= 15381.72; mid= 15780.33



monthly info new high 15661.87
trend=up
high= 15661.87; rev= 12335.96; mid= 13998.92

Hang Seng
-no change (below mid)
trend=no
direction=down (1 bar)
low= 22812.18
rev= 23881.29; mid= 23346.74


monthly info MONTHLY CONFIRMATION new high 23881.29
trend=no; direction=up (2 bars)
high= 23881.29; rev= 17592.41; mid= 20736.85

Shanghai Composite
-no change (below mid)
trend=no
direction=up (2 bars)
high= 2237.11
rev= 1979.21; mid= 2108.16


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 9589.39
trend=no
direction=up (1 bar)
high= 9589.39
rev= 9006.46; mid= 9297.93


monthly info new high 9405.30
trend=up
high= 9405.30; rev= 8348.84; mid= 8877.07

Athen
-change (above mid)
trend=up
high= 1195.68
rev= 1109.20; mid= 1152.44



monthly info MONTHLY CONFIRMATION new high 1195.68
trend=no; direction=up (2 bars)
high= 1195.68; rev= 847.57; mid= 1021.63

IBEX
-no change (above mid)
trend=up
high= 10001.80
rev= 9228.40; mid= 9615.10



monthly info -no change (above mid)
trend=up
high= 9907.90; rev= 7011.00; mid= 8459.45