Weekly 3LB Update 7/18/14

Weekly 3LB update (week ending 7/18/14)
a new high or low will change the reversal price and the midpoint

SPX
-no change (above mid)
trend=up
high= 1985.44
rev= 1923.57; mid= 1954.51



monthly info new high 1960.23
trend=up
high= 1960.23; rev= 1872.34; mid= 1916.29

Dow Jones
new high 17100.18
trend=up
high= 17100.18
rev= 16924.28; mid= 17012.23



monthly info new high 16826.60
trend=up
high= 16826.60; rev= 16576.66; mid= 16701.63

Dow Jones Transportation Avg
new high 8385.40
trend=up
high= 8385.40
rev= 8104.57; mid= 8244.99



monthly info new high 8202.30
trend=up
high= 8202.30; rev= 7574.96; mid= 7888.63

Nasdaq Composite
-no change (above mid)
trend=up
high= 4485.93
rev= 4321.40; mid= 4403.67



monthly info new high 4408.18
trend=up
high= 4408.18; rev= 4059.89; mid= 4234.04

DXY
-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 (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=down
low= 10.32
rev= 18.14; mid= 14.23



monthly info -no change (below mid)
trend=down
low= 11.40; rev= 32.07; mid= 21.74

WTI Crude Oil
-no change (below mid)
trend=up
high= 105.84
rev= 98.75; mid= 102.30



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

Sugar #11
WEEKLY CONFIRMATION new low 16.97
trend=no
direction=down (2 bars)
low= 16.97
rev= 19.79; mid= 18.38


monthly info -no change (below mid)
trend=down
low= 17.71; rev= 19.61; mid= 18.66

30 Year Yield
WEEKLY REVERSAL new low 32.92
trend=no
direction=down (1 bar)
low= 32.92
rev= 34.83; mid= 33.88


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 -no change (below mid)
trend=no; direction=down (1 bar)
high= 24.57; rev= 30.26; mid= 27.42

Silver
-no change (above mid)
trend=up
high= 21.46
rev= 19.71; mid= 20.59



monthly info MONTHLY REVERSAL new high 21.05
trend=no; direction=up (1 bar)
low= 21.05; rev= 18.75; mid= 19.90

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



monthly info new high 1.3874
trend=up
high= 1.3874; rev= 1.3597; mid= 1.3736

GS (Goldman Sachs)
WEEKLY CONFIRMATION new high 171.47
trend=no
direction=up (2 bars)
high= 171.47
rev= 152.72; mid= 162.10


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

Lumber
-no change (above mid)
trend=up
high= 339.40
rev= 303.60; mid= 321.50



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

Baltic Dry Index
new low 738.00
trend=down
low= 738.00
rev= 936.00; mid= 837.00



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

XLF
-no change (above mid)
trend=up
high= 23.03
rev= 22.40; mid= 22.72



monthly info new high 22.76
trend=up
high= 22.76; rev= 21.48; mid= 22.12

AUDJPY
-no change (above mid)
trend=up
high= 0.9521
rev= 0.9124; mid= 0.9323



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 (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)
-no change (above mid)
trend=up
high= 111.20
rev= 104.03; mid= 107.62



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 16.49
trend=up
high= 16.49
rev= 14.93; mid= 15.71



monthly info new high 14.89
trend=up
high= 14.89; rev= 12.87; mid= 13.88

Copper
-no change (above mid)
trend=no
direction=down (1 bar)
low= 2.918
rev= 3.321; mid= 3.120


monthly info MONTHLY REVERSAL new high 3.204
trend=no; direction=up (1 bar)
high= 3.204; rev= 2.993; mid= 3.099

QQQ (Powershares QQQ)
new high 96.12
trend=up
high= 96.12
rev= 92.82; mid= 94.47



monthly info new high 93.91
trend=up
high= 93.91; rev= 87.96; mid= 90.94

BIDU (Baidu)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 190.89; rev= 149.35; mid= 170.12

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)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 16.04; rev= 14.51; mid= 15.28

WFC (Wells Fargo)
WEEKLY CONFIRMATION new low 51.28
trend=no
direction=down (2 bars)
low= 51.28; rev= 53.00; mid= 52.14

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)
-no change (above mid)
trend=up
high= 95.82; rev= 91.28; mid= 93.55

AMZN (Amazon)
new high 358.66
trend=up
high= 358.66; rev= 329.67; mid= 344.17

M (Macy's)
-no change (below mid)
trend=no
direction=up (2 bars)
high= 60.10; rev= 56.35; mid= 58.23

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)
WEEKLY REVERSAL new high 114.52
trend=no
direction=up (1 bar)
high= 114.52; rev= 110.68; mid= 112.60

V (Visa)
new high 220.20
trend=up
high= 220.20; rev= 207.70; mid= 213.95

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)
-change (above mid)
trend=no
direction=down (2 bars)
low= 107.90; rev= 109.08; mid= 108.49

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 11.89; rev= 12.35; mid= 12.12

JNK (SPDR Barclays Capital HY)
WEEKLY REVERSAL new low 41.14
trend=no
direction=down (1 bar)
low= 41.14; rev= 41.76; mid= 41.45

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
new low 0.7873
trend=down
low= 0.7873; rev= 0.8051; mid= 0.7962

EEM (MSCI Emerging Markets)
-no change (above mid)
trend=up
high= 44.15
rev= 43.14; mid= 43.65



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

Nikkei
-no change (below mid)
trend=up
high= 15437.13
rev= 15077.24; mid= 15257.19



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

Hang Seng
-change (above mid)
trend=up
high= 23546.36
rev= 23003.64; mid= 23275.00



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 (below mid)
trend=no
direction=down (1 bar)
low= 9666.34
rev= 10009.08; mid= 9837.71


monthly info -no change (above mid)
trend=up
high= 9943.27; rev= 9405.30; mid= 9674.29

Athen
-no change (below 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
WEEKLY CONFIRMATION new low 10527.00
trend=no
direction=down (2 bars)
low= 10527.00
rev= 11155.10; mid= 10841.05


monthly info new high 10923.50
trend=up
high= 10923.50; rev= 10340.50; mid= 10632.00