Weekly 3LB Update 9/12/14

Weekly 3LB update (week ending 9/12/14)
a new high or low will change the reversal price and the midpoint

SPX
-change (below mid)
trend=up
high= 2007.71
rev= 1985.44; mid= 1996.58



monthly info -no change (above mid)
trend=up
high= 1960.23; rev= 1872.34; mid= 1916.29

Dow Jones
-no change (above mid)
trend=no
direction=up (1 bar)
high= 17137.36
rev= 16493.37; mid= 16815.37


monthly info MONTHLY REVERSAL new high 17098.45
trend=no; direction=up (1 bar)
high= 17098.45; rev= 16563.30; mid= 16830.88

Dow Jones Transportation Avg
-no change (above mid)
trend=no
direction=up (2 bars)
high= 8601.80
rev= 8092.47; mid= 8347.14


monthly info new high 8408.02
trend=up
high= 8408.02; rev= 7672.19; mid= 8040.11

Nasdaq Composite
-no change (above mid)
trend=up
high= 4582.90
rev= 4485.93; mid= 4534.42



monthly info new high 4580.27
trend=up
high= 4580.27; rev= 4176.59; mid= 4378.43

DXY
new high 84.24
trend=up
high= 84.24
rev= 82.34; mid= 83.29



monthly info -no change (above mid)
trend=up
high= 83.38; rev= 78.55; mid= 80.97

Gold
-no change (below mid)
trend=no
direction=down (1 bar)
low= 1206.80
rev= 1399.30; mid= 1303.05


monthly info -no change (below mid)
trend=down
low= 1205.40; rev= 1658.90; mid= 1432.15

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
WEEKLY CONFIRMATION new low 92.27
trend=no
direction=down (2 bars)
low= 92.27
rev= 95.96; mid= 94.12


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 81.70; rev= 118.06; mid= 99.88

Sugar #11
new low 13.78
trend=down
low= 13.78
rev= 15.64; mid= 14.71



monthly info new low 15.49
trend=down
low= 15.49; rev= 18.57; mid= 17.03

30 Year Yield
WEEKLY REVERSAL new high 33.51
trend=no
direction=up (1 bar)
high= 33.51
rev= 30.80; mid= 32.16


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 25.77; rev= 47.15; mid= 36.46

10 Year Yield
WEEKLY CONFIRMATION new high 26.14
trend=no
direction=up (2 bars)
high= 26.14
rev= 23.43; mid= 24.79


monthly info MONTHLY CONFIRMATION new low 23.43
trend=no; direction=down (2 bars)
low= 23.43; rev= 30.26; mid= 26.85

Silver
new low 18.60
trend=down
low= 18.60
rev= 19.60; mid= 19.10



monthly info -change (below mid)
trend=no; direction=up (1 bar)
high= 21.12; rev= 18.83; mid= 19.98

EURUSD
new low 1.2958
trend=down
low= 1.2958
rev= 1.3252; mid= 1.3105



monthly info MONTHLY CONFIRMATION new low 1.3135
trend=no; direction=down (2 bars)
low= 1.3135; rev= 1.3874; mid= 1.3505

GS (Goldman Sachs)
new high 183.17
trend=up
high= 183.17
rev= 175.47; mid= 179.32



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= 352.50
rev= 328.80; mid= 340.65



monthly info -change (above mid)
trend=down
low= 283.40; rev= 366.50; mid= 324.95

Baltic Dry Index
new high 1186.00
trend=up
high= 1186.00
rev= 942.00; mid= 1064.00



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= 23.46
rev= 22.83; mid= 23.15



monthly info new high 23.36
trend=up
high= 23.36; rev= 21.86; mid= 22.61

AUDJPY
-no change (above mid)
trend=up
high= 98.46
rev= 95.17; mid= 96.82



monthly info MONTHLY REVERSAL new high 97.07
trend=no; direction=up (1 bar)
high= 97.07; rev= 84.62; mid= 90.85

YEN
new low 0.00932
trend=down
low= 0.00932
rev= 0.00963; mid= 0.00948



monthly info -no change (below mid)
trend=down
low= 0.00951; rev= 0.01028; mid= 0.00990

GSCI (Ishares)
WEEKLY REVERSAL new low 30.09
trend=no
direction=down (1 bar)
low= 30.09
rev= 34.31; mid= 32.20


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

CAT (Caterpillar)
-change (below mid)
trend=no
direction=down (1 bar)
low= 100.52
rev= 111.08; mid= 105.80


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

AA (Alcoa)
-change (below mid)
trend=up
high= 17.28
rev= 16.49; mid= 16.89



monthly info new high 16.61
trend=up
high= 16.61; rev= 13.61; mid= 15.11

Copper
-change (below mid)
trend=no
direction=down (1 bar)
low= 2.938
rev= 3.342; mid= 3.140


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 3.251; rev= 3.013; mid= 3.132

QQQ (Powershares QQQ)
-no change (above mid)
trend=up
high= 99.89
rev= 97.40; mid= 98.65



monthly info new high 99.78
trend=up
high= 99.78; rev= 91.31; mid= 95.55

BIDU (Baidu)
-no change (above mid)
trend=up
high= 226.70; rev= 184.96; mid= 205.83

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)
new high 16.79
trend=up
high= 16.79; rev= 14.74; mid= 15.77

WFC (Wells Fargo)
WEEKLY CONFIRMATION new high 51.70
trend=no
direction=up (2 bars)
high= 51.70; rev= 50.00; mid= 50.85

MS (Morgan Stanley)
new high 35.01
trend=up
high= 35.01; rev= 33.47; mid= 34,24

AXP (American Express)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 86.47; rev= 95.84; mid= 91.16

AMZN (Amazon)
-change (below mid)
trend=no
direction=down (2 bars)
low= 307.06; rev= 358.66; mid= 332.86

M (Macy's)
WEEKLY REVERSAL new low 59.59
trend=no
direction=down (1 bar)
low= 59.59; rev= 62.29; mid= 60.94

Powershares USD Bull (UUP)
new high 22.43
trend=up
high= 22.43; rev= 21.94; mid= 22.19

TLT (iShares Barclays 20+ Year Treas Bond)
WEEKLY REVERSAL new low 113.38
trend=no
direction=down (1 bar)
low= 113.38; rev= 119.05; mid= 116.22

V (Visa)
-no change (above mid)
trend=up
high= 220.20; rev= 207.70; mid= 213.95

XRT (SPDR Retail ETF)
-no change (above mid)
trend=up
high= 89.20; rev= 80.95; mid= 85.08

MUB (iShares S&P National AMT-Fre)
WEEKLY REVERSAL new low 108.97
trend=no
direction=down (1 bar)
low= 108.97; rev= 110.01; mid= 109.49

IQI (Morgan Stanley Quality Muni)
-change (below mid)
trend=no
direction=up (1 bar)
high= 12.39; rev= 11.89; mid= 12.14

JNK (SPDR Barclays Capital HY)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 40.27; rev= 41.76; mid= 41.02

USDJPY
new high 107.25
trend=up
high= 107.25; rev= 103.84; mid= 105.55

EEM (MSCI Emerging Markets)
WEEKLY REVERSAL new low 43.79
trend=no
direction=down (1 bar)
low= 43.79
rev= 45.85; mid= 44.82


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

Nikkei
new high 15948.29
trend=up
high= 15948.29
rev= 15457.87; mid= 15703.08



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

Hang Seng
-change (below mid)
trend=up
high= 25240.15
rev= 24532.43; mid= 24886.29



monthly info -no change (above mid)
trend=up
high= 24756.85; rev= 20534.85; mid= 22645.85

Shanghai Composite
new high 2331.95
trend=up
high= 2331.95
rev= 2237.11; mid= 2284.53



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 (1 bar)
high= 9747.02
rev= 9009.32; mid= 9378.17


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

Athen
-change (below mid)
trend=no
direction=down (2 bars)
low= 1047.21
rev= 1341.24; mid= 1194.23


monthly info MONTHLY CONFIRMATION new low 1161.81
trend=no; direction=down (1 bar)
low= 1161.81; rev= 1335.74; mid= 1248.78

IBEX
-no change (above mid)
trend=no
direction=up (2 bars)
high= 11148.90
rev= 10104.80; mid= 10626.85


monthly info -no change (above mid)
trend=up
high= 10923.50; rev= 10340.50; mid= 10632.00