Weekly 3LB Update 6/20/14

Weekly 3LB update (week ending 6/20/14)
a new high or low will change the reversal price and the midpoint

SPX
new high 1962.87
trend=up
high= 1962.87
rev= 1900.53; mid= 1931.70



monthly info new high 1923.57
trend=up
high= 1923.57; rev= 1859.45; mid= 1891.51

Dow Jones
new high 16947.08
trend=up
high= 16947.08
rev= 16606.27; mid= 16776.68



monthly info new high 16717.17
trend=up
high= 16717.17; rev= 16086.41; mid= 16401.79

Dow Jones Transportation Avg
-no change (above mid)
trend=up
high= 8209.96
rev= 7845.85; mid= 8027.91



monthly info new high 8104.57
trend=up
high= 8104.57; rev= 7400.57; mid= 7752.57

Nasdaq Composite
WEEKLY CONFIRMATION new high 4368.04
trend=no
direction=up (2 bars)
high= 4368.04
rev= 3999.73; mid= 4183.89


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

DXY
-no change (above 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
-change (above mid)
trend=no
direction=down (1 bar)
low= 1204.60
rev= 1397.10; mid= 1300.85


monthly info -no change (below mid)
trend=down
low= 1203.20; rev= 1656.20; mid= 1429.70

VIX
-no change (below mid)
trend=no
direction=down (2 bars)
low= 10.73
rev= 18.41; mid= 14.57


monthly info new low 11.40
trend=down
low= 11.40; rev= 32.07; mid= 21.74

WTI Crude Oil
WEEKLY CONFIRMATION new high 106.91
trend=no
direction=up (2 bars)
high= 106.91
rev= 99.39; mid= 103.15


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 85.58; rev= 121.94; mid= 103.76

Sugar #11
-change (above mid)
trend=up
high= 19.79
rev= 17.38; mid= 18.59



monthly info -no change (below mid)
trend=down
low= 16.84; rev= 18.74; mid= 17.79

30 Year Yield
WEEKLY REVERSAL new high 34.52
trend=down
high= 34.52
rev= 33.14; mid= 33.83



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=down (1 bar)
low= 24.57
rev= 30.06; mid= 27.32


monthly info MONTHLY REVERSAL new low 24.57
trend=no; direction=down (1 bar)
high= 24.57; rev= 30.26; mid= 27.42

Silver
WEEKLY CONFIRMATION new high 20.95
trend=down
high= 20.95
rev= 18.69; mid= 19.82



monthly info new low 18.69
trend=down
low= 18.69; rev= 19.44; mid= 19.07

EURUSD
-no change (below mid)
trend=up
high= 1.3907
rev= 1.3495; mid= 1.3701



monthly info new high 1.3870
trend=up
high= 1.3870; rev= 1.3593; mid= 1.3732

GS (Goldman Sachs)
WEEKLY REVERSAL new high 169.84
trend=no
direction=up (1 bar)
high= 169.84
rev= 152.72; mid= 161.28


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

Lumber
WEEKLY REVERSAL new high 328.70
trend=no
direction=up (1 bar)
high= 328.70
rev= 306.50; mid= 317.60


monthly info -change (below mid)
trend=down
low= 292.10; rev= 375.20; mid= 333.65

Baltic Dry Index
new low 902.00
trend=down
low= 902.00
rev= 1480.00; mid= 1191.00



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

XLF
new high 22.83
trend=up
high= 22.83
rev= 22.37; mid= 22.60



monthly info -no change (above mid)
trend=up
high= 22.34; rev= 20.57; mid= 21.46

AUDJPY
new high 0.9521
trend=up
high= 0.9521
rev= 0.9124; mid= 0.9323



monthly info -no 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)
WEEKLY CONFIRMATION new high 34.31
trend=no
direction=up (2 bars)
high= 34.31
rev= 30.40; mid= 32.36


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

CAT (Caterpillar)
WEEKLY CONFIRMATION new high 109.38
trend=no
direction=up (2 bars)
low= 109.38
rev= 102.23; mid= 105.81


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

AA (Alcoa)
new high 14.62
trend=up
high= 14.62
rev= 13.72; mid= 14.17



monthly info new high 13.61
trend=up
high= 13.61; rev= 11.74; mid= 12.68

Copper
-change (above mid)
trend=no
direction=down (1 bar)
low= 2.919
rev= 3.322; mid= 3.121


monthly info -change (above mid)
trend=down
low= 2.994; rev= 3.184; mid= 3.089

QQQ (Powershares QQQ)
-no change (above mid)
trend=up
high= 92.82
rev= 86.37; mid= 89.60



monthly info new high 91.31
trend=up
high= 91.31; rev= 85.73; mid= 88.52

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

JPM (JP Morgan Chase)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 53.31; rev= 60.17; mid= 56.74

BAC (Bank of America)
-no change (above mid)
trend=down
low= 14.51; rev= 15.77; mid= 15.14

WFC (Wells Fargo)
new high 52.89
trend=up
high= 52.89; rev= 50.16; mid= 51.53

MS (Morgan Stanley)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 28.47; rev= 33.40; mid= 30.94

AXP (American Express)
WEEKLY CONFIRMATION new high 98.40
trend=no
direction=up (2 bars)
low= 98.40; rev= 84.54; mid= 91.47

AMZN (Amazon)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 329.67; rev= 292.24; mid= 310.96

M (Macy's)
-change (above mid)
trend=no
direction=up (1 bar)
high= 59.89; rev= 56.35; mid= 58.12

BKX (KBW Bank Index)
-no change (above mid)
trend=no
direction=down (1 bar)
low= 66.81; rev= 72.70; mid= 69.76

Powershares USD Bull (UUP)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 21.27; rev= 21.90; mid= 21.59

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (below mid)
trend=up
high= 114.10; rev= 111.33; mid= 112.72

V (Visa)
-no change (above mid)
trend=down
low= 196.63; rev= 215.43; mid= 206.03

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

MUB (iShares S&P National AMT-Fre)
-no change (below mid)>
trend=no
direction=down (1 bar)
low= 108.00; rev= 109.08; mid= 108.54

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=up
high= 12.35; rev= 12.12; mid= 12.24

JNK (SPDR Barclays Capital HY)
new high 41.76
trend=up
high= 41.76; rev= 41.15; mid= 41.46

EURCHF
-no 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= 105.01; rev= 97.19; mid= 101.10

HYGLQD
-no change (above mid)
trend=down
low= 0.7965; rev= 0.8051; mid= 0.8008

EEM (MSCI Emerging Markets)
-no change (above mid)
trend=up
high= 43.61
rev= 42.94; mid= 43.28



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

Nikkei
new high 15349.42
trend=up
high= 15349.42
rev= 14313.03; mid= 14831.23



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

Hang Seng
-no change (above mid)
trend=up
high= 23319.17
rev= 21539.49; mid= 22429.33



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=up
high= 9987.24
rev= 9768.01; mid= 9877.63



monthly info new high 9943.27
trend=up
high= 9943.27; rev= 9405.30; mid= 9674.29

Athen
-no change (above mid)
trend=no
direction=down (1 bar)
low= 1088.25
rev= 1341.24; mid= 1214.75


monthly info -no change (below mid)
trend=up
high= 1335.74; rev= 1188.17; mid= 1261.96

IBEX
new high 11115.10
trend=up
high= 11115.10
rev= 10798.70; mid= 10976.90



monthly info new high 10798.70
trend=up
high= 10798.70; rev= 10114.20; mid= 10456.45