Weekly 3LB Update 6/6/14

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

SPX
new high 1949.44
trend=up
high= 1949.44
rev= 1881.14; mid= 1915.29



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

Dow Jones
new high 16924.28
trend=up
high= 16924.28
rev= 16583.34; mid= 16753.81



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

Dow Jones Transportation Avg
new high 8209.96
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 REVERSAL new high 4321.40
trend=no
direction=up (1 bar)
high= 4321.40
rev= 3999.73; mid= 4160.57


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
-no change (below 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
WEEKLY CONFIRMATION new low 10.73
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
-no change (above mid)
trend=no
direction=up (1 bar)
high= 104.35
rev= 99.39; mid= 101.87


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

Sugar #11
-no change (below mid)
trend=up
high= 18.92
rev= 16.51; mid= 17.72



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

30 Year Yield
-change (above mid)
trend=down
low= 33.14
rev= 34.39; mid= 33.77



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
-no change (below mid)
trend=down
low= 18.69
rev= 19.51; mid= 19.10



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= 1.3903
rev= 1.3491; mid= 1.3697



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

GS (Goldman Sachs)
-change (above mid)
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
new low 306.50
trend=down
low= 306.50
rev= 324.20; mid= 315.35



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

Baltic Dry Index
-no change (below mid)
trend=no
direction=down (2 bars)
low= 936.00
rev= 1653.13; mid= 1294.57


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

XLF
new high 22.80
trend=up
high= 22.80
rev= 21.11; mid= 21.96



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

AUDJPY
new high 0.9570
trend=up
high= 0.9570
rev= 0.9424; mid= 0.9497



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)
-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)
WEEKLY REVERSAL new high 108.18
trend=no
direction=up (1 bar)
low= 108.18
rev= 102.23; mid= 105.21


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 14.35
trend=up
high= 14.35
rev= 12.63; mid= 13.49



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

Copper
-change (below 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)
new high 92.82
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)
-change (above mid)
trend=no
direction=down (2 bars)
low= 53.31; rev= 60.17; mid= 56.74

BAC (Bank of America)
-change (above mid)
trend=down
low= 14.51; rev= 15.77; mid= 15.14

WFC (Wells Fargo)
new high 51.98
trend=up
high= 51.98; rev= 49.56; mid= 50.77

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

AXP (American Express)
WEEKLY REVERSAL new high 94.91
trend=no
direction=up (1 bar)
low= 94.91; rev= 84.54; mid= 89.73

AMZN (Amazon)
WEEKLY REVERSAL new high 329.67
trend=no
direction=up (1 bar)
high= 329.67; rev= 292.24; mid= 310.96

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

BKX (KBW Bank Index)
-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)
-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)
-change (above mid)
trend=down
low= 79.85; rev= 88.03; mid= 83.94

MUB (iShares S&P National AMT-Fre)
-change (below mid)
trend=up
high= 109.08; rev= 108.11; mid= 108.60

IQI (Morgan Stanley Quality Muni)
-change (below mid)
trend=up
high= 12.35; rev= 12.12; mid= 12.24

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=up
high= 41.53; rev= 40.79; mid= 41.16

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= 105.06; rev= 97.24; mid= 101.15

HYGLQD
-no change (below mid)
trend=down
low= 0.7940; rev= 0.8080; mid= 0.8010

EEM (MSCI Emerging Markets)
new high 43.56
trend=up
high= 43.56
rev= 42.01; mid= 42.79



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

Nikkei
WEEKLY REVERSAL new high 15077.24
trend=no
direction=up (1 bar)
high= 15077.24
rev= 13960.05; mid= 14518.65


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

Hang Seng
-no change (above mid)
trend=no
direction=up (2 bars)
high= 23081.65
rev= 21436.70; mid= 22259.18


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
new high 9987.19
trend=up
high= 9987.19
rev= 9742.96; mid= 9865.08



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 11064.30
trend=up
high= 11064.30
rev= 10465.70; mid= 10765.00



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