Weekly 3LB Update 2/21/14

Weekly 3LB update (week ending 2/21/14)
a new high or low will change the reversal price and the midpoint

SPX
-no change (above mid)
trend=no
direction=down (2 bars)
low= 1782.59
rev= 1842.37; mid= 1812.48


monthly info -no change (above mid)
trend=up
high= 1848.36; rev= 1685.73; mid= 1767.05

Dow Jones
-no change (above mid)
trend=no
direction=down (1 bar)
high= 15698.85
rev= 16478.41; mid= 16088.63


monthly info -change (below mid)
trend=up
high= 16576.66; rev= 15499.54; mid= 16038.10

Dow Jones Transportation Avg
-no change (below mid)
trend=up
high= 7466.03
rev= 7235.69; mid= 7350.86



monthly info -no change (above mid)
trend=up
high= 7400.57; rev= 6582.43; mid= 6991.50

Nasdaq Composite
WEEKLY CONFIRMATION new high 4263.41
trend=no
direction=up (2 bars)
high= 4263.41
rev= 4103.88; mid= 4183.65


monthly info -no change (above mid)
trend=up
high= 4176.59; rev= 3771.48; mid= 3974.04

DXY
-no change (below mid)
trend=up
high= 81.25
rev= 79.61; mid= 80.43



monthly info -change (above mid)
trend=up
high= 83.38; rev= 78.55; mid= 80.97

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


monthly info -no change (below mid)
trend=down
low= 1202.30; rev= 1655.30; mid= 1428.80

VIX
-no change (below mid)
trend=no
direction=up (2 bars)
high= 18.41
rev= 11.98; mid= 15.20


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 high 102.20
trend=no
direction=up (1 bar)
high= 102.20
rev= 92.73; mid= 97.47


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

Sugar #11
WEEKLY REVERSAL new high 17.07
trend=no
direction=up (1 bar)
high= 17.07
rev= 15.49; mid= 16.28


monthly info new low 15.55
trend=down
low= 15.55; rev= 17.45; mid= 16.50

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


monthly info -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=no
direction=up (1 bar)
high= 30.06
rev= 25.03; mid= 27.55


monthly info -change (below mid)
trend=up
high= 30.26; rev= 24.78; mid= 27.52

Silver
-change (above mid)
trend=down
low= 19.12
rev= 23.83; mid= 21.48



monthly info new low 19.12
trend=down
low= 19.12; rev= 22.35; mid= 20.74

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 (2 bars)
high= 1.3788; rev= 1.2349; mid= 1.3069

GS (Goldman Sachs)
-no change (below mid)
trend=down
low= 161.93
rev= 178.15; mid= 170.04



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

Lumber
-no change (below mid)
trend=no
direction=up (2 bars)
high= 378.40
rev= 349.20; mid= 363.80


monthly info -no change (above mid)
trend=down
low= 300.10; rev= 383.20; mid= 341.65

Baltic Dry Index
-no change (below mid)
trend=down
low= 1092.00
rev= 1398.00; mid= 1245.00



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

XLF
-change (below mid)
trend=no
direction=down (2 bars)
low= 21.06
rev= 22.03; mid= 21.55


monthly info -change (below mid)
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 -no change (below mid)
trend=down
low= 0.95150; rev= 1.02600; mid= 0.98875

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 97.50
trend=up
high= 97.50
rev= 93.91; mid= 95.71



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 11.73
trend=up
high= 11.73
rev= 11.36; mid= 11.55



monthly info new high 11.51
trend=up
high= 11.51; rev= 9.27; mid= 10.39

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=no
direction=down (1 bar)
low= 500.60
rev= 560.09; mid= 530.35


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 561.02; rev= 396.53; mid= 478.78

BIDU (Baidu)
-no change (above mid)
trend=down
low= 156.50; rev= 175.28; mid= 165.89

JPM (JP Morgan Chase)
-no change (above mid)
trend=no
direction=down (1 bar)
low= 55.09; rev= 58.66; mid= 56.88

BAC (Bank of America)
-change (below mid)
trend=up
high= 17.01; rev= 15.82; mid= 16.42

WFC (Wells Fargo)
-change (below mid)
trend=up
high= 46.39; rev= 44.96; mid= 45.68

MS (Morgan Stanley)
-no change (below mid)
trend=no
direction=down (1 bar)
low=29.51; rev= 33.40; mid= 31.46

AXP (American Express)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 85.02; rev= 90.97; mid= 88.00

AMZN (Amazon)
new low 346.76
trend=down
low= 346.76; rev= 393.62; mid= 370.19

M (Macy's)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 53.09; rev= 56.23; mid= 54.66

BKX (KBW Bank Index)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 67.33; rev= 70.77; mid= 69.05

Powershares USD Bull (UUP)
-no 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)
-no change (above mid)
trend=up
high= 108.28; rev= 104.41; mid= 106.35

V (Visa)
-change (below mid)
trend=no
direction=down (1 bar)
low= 215.43; rev= 232.18; mid= 223.81

XRT (SPDR Retail ETF)
-no change (below mid)
trend=down
low= 79.85; rev= 88.03; mid= 83.94

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

IQI (Morgan Stanley Quality Muni)
-no change (above mid)
trend=up
high= 11.87; rev= 11.62; mid= 11.75

JNK (SPDR Barclays Capital HY)
WEEKLY CONFIRMATION new high 41.15
trend=no
direction=up (2 bars)
high= 41.15; rev= 40.59; mid= 40.87

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 (above mid)
trend=down
low= 0.8029; rev= 0.8176; mid= 0.8103

EEM (MSCI Emerging Markets)
-no change (above mid)
trend=down
low= 38.19
rev= 40.12; mid= 39.16



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

Nikkei
-change (above mid)
trend=down
low= 14313.03
rev= 15391.56; mid= 14852.30



monthly info -change (below mid)
trend=up
high= 16291.31; rev= 13860.86; mid= 15076.09

Hang Seng
-no change (above mid)
trend=down
low= 21636.85
rev= 22812.18; mid= 22224.52



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 (above 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 (2 bars)
high= 9742.96
rev= 9006.46; mid= 9374.71


monthly info -no change (above mid)
trend=up
high= 9552.16; rev= 8594.40; mid= 9073.28

Athen
-no change (above mid)
trend=no
direction=down (2 bars)
low= 1176.92
rev= 1296.39; mid= 1236.66


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= 10465.70
rev= 9668.50; mid= 10067.10



monthly info new high 9920.20
trend=up
high= 9920.20; rev= 9186.10; mid= 9553.15