Weekly 3LB Update 4/11/14

Weekly 3LB update (week ending 4/11/14)
a new high or low will change the reversal price and the midpoint

SPX
-change (below mid)
trend=no
direction=up (2 bars)
high= 1878.04
rev= 1782.59; mid= 1830.32


monthly info new high 1872.53
trend=up
high= 1872.53; rev= 1805.81; mid= 1839.17

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


monthly info -no change (above mid)
trend=up
high= 16576.66; rev= 15499.54; mid= 16038.10

Dow Jones Transportation Avg
-change (below mid)
trend=up
high= 7592.36
rev= 7282.26; mid= 7437.31



monthly info new high 7574.55
trend=up
high= 7574.55; rev= 6975.18; mid= 7274.87

Nasdaq Composite
new low 3999.73
trend=down
low= 3999.73
rev= 4308.12; mid= 4153.93



monthly info -no change (above mid)
trend=up
high= 4308.12; rev= 3919.71; mid= 4113.92

DXY
-change (below mid)
trend=no
direction=down (1 bar)
low= 79.41
rev= 81.25; mid= 80.33


monthly info -no 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= 1203.80
rev= 1396.30; mid= 1300.05


monthly info -no change (below mid)
trend=down
low= 1202.40; rev= 1655.40; mid= 1428.90

VIX
-change (above 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
new high 103.74
trend=up
high= 103.74
rev= 93.51; mid= 98.63



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

Sugar #11
-change (below mid)
trend=up
high= 18.01
rev= 15.60; mid= 16.81



monthly info -no change (above mid)
trend=down
low= 15.93; rev= 17.83; mid= 16.88

30 Year Yield
new low 34.77
trend=down
low= 34.77
rev= 35.92; mid= 35.35



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 (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
-no change (below mid)
trend=down
low= 19.16
rev= 23.86; mid= 21.51



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

EURUSD
-no change (above mid)
trend=up
high= 1.3903
rev= 1.3491; mid= 1.3697



monthly info -no change (above mid)
trend=up
high= 1.3821; rev= 1.2413; mid= 1.3117

GS (Goldman Sachs)
new low 152.72
trend=down
low= 152.72
rev= 167.64; mid= 160.18



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

Lumber
WEEKLY CONFIRMATION new low 328.30
trend=no
direction=down (2 bars)
low= 328.30
rev= 362.90; mid= 345.60


monthly info -no change (above mid)
trend=down
low= 284.60; rev= 367.70; mid= 326.15

Baltic Dry Index
WEEKLY REVERSAL new low 1029.00
trend=no
direction=down (1 bar)
low= 1029.00
rev= 1621.00; mid= 1325.00


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

XLF
-change (below mid)
trend=no
direction=up (2 bars)
high= 22.40
rev= 21.06; mid= 21.73


monthly info new high 22.34
trend=up
high= 22.34; rev= 20.57; mid= 21.46

AUDJPY
-no change (above mid)
trend=up
high= 0.9549
rev= 0.9289; mid= 0.9419



monthly info -change (above 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= 102.17
rev= 96.55; mid= 99.36



monthly info -no change (above 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= 12.63
rev= 11.74; mid= 12.19



monthly info new high 12.87
trend=up
high= 12.87; rev= 10.63; mid= 11.75

Copper
-no change (below mid)
trend=no
direction=down (1 bar)
low= 2.951
rev= 3.353; mid= 3.152


monthly info new low 3.024
trend=down
low= 3.025; rev= 3.211; mid= 3.119

QQQ (Powershares QQQ)
new low 84.11
trend=down
low= 84.11
rev= 88.67; mid= 86.39



monthly info -no change (above mid)
trend=up
high= 90.34; rev= 82.79; mid= 86.57

BIDU (Baidu)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 149.35; rev= 182.04; mid= 165.70

JPM (JP Morgan Chase)
-change (below mid)
trend=no
direction=up (2 bars)
high= 60.17; rev= 55.09; mid= 57.63

BAC (Bank of America)
WEEKLY CONFIRMATION new low 15.77
trend=no
direction=down (2 bars)
low= 15.77; rev= 17.56; mid= 16.67

WFC (Wells Fargo)
-change (below mid)
trend=up
high= 49.56; rev= 47.95; mid= 48.76

MS (Morgan Stanley)
WEEKLY CONFIRMATION new low 28.47
trend=no
direction=down (2 bars)
low= 28.47; rev= 33.40; mid= 30.94

AXP (American Express)
WEEKLY REVERSAL new low 84.54
trend=no
direction=down (1 bar)
low= 84.54; rev= 93.86; mid= 89.20

AMZN (Amazon)
new low 311.73
trend=down
low= 311.73; rev= 346.76; mid= 329.25

M (Macy's)
WEEKLY REVERSAL new low 56.90
trend=no
direction=down (1 bar)
low= 56.90; rev= 59.74; mid= 58.32

BKX (KBW Bank Index)
-change (below mid)
trend=no
direction=up (2 bars)
high= 72.70; rev= 67.33; mid= 70.02

Powershares USD Bull (UUP)
WEEKLY CONFIRMATION new low 21.27
trend=no
direction=down (2 bars)
low= 21.27; rev= 21.90; mid= 21.59

TLT (iShares Barclays 20+ Year Treas Bond)
new high 110.73
trend=up
high= 110.73; rev= 108.28; mid= 109.51

V (Visa)
new low 196.63
trend=down
low= 196.63; rev= 215.43; mid= 206.03

XRT (SPDR Retail ETF)
-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)
-change (below mid)
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= 105.06; rev= 97.24; mid= 101.15

HYGLQD
new low 0.7940
trend=down
low= 0.7940; rev= 0.8080; mid= 0.8010

EEM (MSCI Emerging Markets)
new high 41.83
trend=up
high= 41.83
rev= 38.24; mid= 40.04



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

Nikkei
WEEKLY REVERSAL new low 13960.05
trend=no
direction=down (1 bar)
low= 13960.05
rev= 15063.77; mid= 14511.91


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

Hang Seng
WEEKLY REVERSAL new high 23003.64
trend=no
direction=up (1 bar)
low= 23003.64
rev= 21436.70; mid= 22220.17


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

Shanghai Composite
-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
-change (below 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= 9692.08; rev= 9033.92; mid= 9363.00

Athen
-change (below mid)
trend=no
direction=up (2 bars)
high= 1341.24
rev= 1176.92; mid= 1259.08


monthly info new high 1335.74
trend=up
high= 1335.74; rev= 1188.17; mid= 1261.96

IBEX
-change (below mid)
trend=up
high= 10677.20
rev= 10001.80; mid= 10339.50



monthly info new high 10340.50
trend=up
high= 10340.50; rev= 9916.70; mid= 10128.60