Weekly 3LB Update 2/28/14

Weekly 3LB update (week ending 2/28/14)
a new high or low will change the reversal price and the midpoint

SPX
WEEKLY REVERSAL new high 1859.45
trend=no
direction=up (1 bar)
high= 1859.45
rev= 1782.59; mid= 1821.02


monthly info new high 1859.45
trend=up
high= 1859.45; rev= 1756.54; mid= 1808.00

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


monthly info -change (above 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
new high 4308.12
trend=up
high= 4308.12
rev= 4174.66; mid= 4241.39



monthly info new high 4308.12
trend=up
high= 4308.12; rev= 3919.71; mid= 4113.92

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



monthly info -change (below 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 CONFIRMATION new high 102.59
trend=no
direction=up (2 bars)
high= 102.59
rev= 92.73; mid= 97.66


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 86.94; rev= 121.95; mid= 104.45

Sugar #11
WEEKLY CONFIRMATION new high 17.66
trend=no
direction=up (2 bars)
high= 17.66
rev= 15.49; mid= 16.58


monthly info new low 15.55
trend=down
low= 15.93; rev= 17.83; mid= 16.88

30 Year Yield
WEEKLY REVERSAL new low 35.92
trend=no
direction=down (1 bar)
low= 35.92
rev= 39.43; 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 -no change (below mid)
trend=up
high= 30.26; rev= 24.78; mid= 27.52

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



monthly info -change (above mid)
trend=down
low= 19.16; rev= 22.39; mid= 20.78

EURUSD
WEEKLY REVERSAL new high 1.3822
trend=no
direction=up (1 bar)
high= 1.3822
rev= 1.3355; mid= 1.3589


monthly info new high 1.3822
trend=up
high= 1.3822; rev= 1.2414; mid= 1.3118

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
-change (above mid)
trend=down
low= 1092.00
rev= 1398.00; mid= 1245.00



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

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


monthly info -change (above mid)
trend=up
high= 21.86; rev= 20.49; mid= 21.18

AUDJPY
-change (below 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)
-no change (above mid)
trend=up
high= 97.50
rev= 93.91; mid= 95.71



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

AA (Alcoa)
new high 11.74
trend=up
high= 11.74
rev= 11.3644; mid= 11.59



monthly info new high 11.74
trend=up
high= 11.74; rev= 9.61; mid= 10.68

Copper
-no change (below mid)
trend=up
high= 3.353
rev= 3.078; mid= 3.216



monthly info -no change (below mid)
trend=no
low= 3.040; rev= 4.612; mid= 3.826

AAPL (Apple Computer)
-no 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)
-change (below 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)
new high 46.42
trend=up
high= 46.42; rev= 45.50; mid= 45.96

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)
WEEKLY REVERSAL new high 91.28
trend=no
direction=up (1 bar)
high= 91.28; rev= 85.02; mid= 88.15

AMZN (Amazon)
-no change (below mid)
trend=down
low= 346.76; rev= 393.62; mid= 370.19

M (Macy's)
WEEKLY REVERSAL new high 57.86
trend=no
direction=up (1 bar)
high= 57.86; rev= 53.09; mid= 55.48

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)
new high 108.57
trend=up
high= 108.57; rev= 105.48; mid= 107.03

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

XRT (SPDR Retail ETF)
-change (above 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)
new high 41.53
trend=up
high= 41.53; rev= 40.79; mid= 41.16

EURCHF
-change (below 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=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
-no change (above mid)
trend=down
low= 14313.03
rev= 15391.56; mid= 14852.30



monthly info -no change (below mid)
trend=up
high= 16291.31; rev= 13860.86; mid= 15076.09

Hang Seng
WEEKLY REVERSAL new high 22836.96
trend=no
direction=up (1 bar)
high= 22836.96
rev= 21636.85; mid= 22236.91


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

Shanghai Composite
-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 (2 bars)
high= 9742.96
rev= 9006.46; mid= 9374.71


monthly info new high 9692.08
trend=up
high= 9692.08; rev= 9033.92; mid= 9363.00

Athen
WEEKLY REVERSAL new high 1310.41
trend=no
direction=up (1 bar)
high= 1310.41
rev= 1176.92; mid= 1243.67


monthly info new high 1310.41
trend=up
high= 1310.41; rev= 1007.99; mid= 1150.20

IBEX
-no change (above mid)
trend=up
high= 10465.70
rev= 9668.50; mid= 10067.10



monthly info new high 10114.20
trend=up
high= 10114.20; rev= 9907.20; mid= 1011.05