Weekly 3LB Update 9/19/14

Weekly 3LB update (week ending 9/19/14)
a new high or low will change the reversal price and the midpoint

SPX
new high 2010.40
trend=up
high= 2010.40
rev= 1988.40; mid= 1999.40



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

Dow Jones
WEEKLY CONFIRMATION new high 17279.74
trend=no
direction=up (2 bars)
high= 17279.74
rev= 16493.37; mid= 16886.56


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
new high 8633.83
trend=up
high= 8633.83
rev= 8120.86; mid= 8377.35



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 84.74
trend=up
high= 84.74
rev= 82.75; mid= 83.75



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
-no change (below mid)
trend=no
direction=down (2 bars)
low= 91.05
rev= 94.74; mid= 92.90


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 15.80
trend=down
low= 15.80
rev= 18.11; mid= 16.96



monthly info new low 18.11
trend=down
low= 18.11; rev= 21.19; mid= 19.65

30 Year Yield
-no change (above mid)
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
-no change (above mid)
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 17.85
trend=down
low= 17.85
rev= 19.46; mid= 18.66



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

EURUSD
new low 1.2844
trend=down
low= 1.2844
rev= 1.3144; mid= 1.2994



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 186.20
trend=up
high= 186.20
rev= 179.11; mid= 182.66



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

Lumber
-change (below mid)
trend=up
high= 342.10
rev= 318.40; mid= 330.25



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

Baltic Dry Index
-no change (above mid)
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
new high 23.65
trend=up
high= 23.65
rev= 23.12; mid= 23.39



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= 97.71
rev= 94.42; mid= 96.07



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 0.00919
trend=down
low= 0.00919
rev= 0.00953; mid= 0.00936



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

GSCI (Ishares)
WEEKLY CONFIRMATION new low 29.96
trend=no
direction=down (2 bars)
low= 29.96
rev= 34.31; mid= 32.14


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 (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)
WEEKLY REVERSAL new low 16.21
trend=no
direction=down (1 bar)
low= 16.21
rev= 17.28; mid= 16.75


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

Copper
-no 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)
new high 99.98
trend=up
high= 99.98
rev= 99.05; mid= 99.52



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)
WEEKLY REVERSAL new high 61.11
trend=no
direction=up (1 bar)
high= 61.11; rev= 53.31; mid= 57.21

BAC (Bank of America)
new high 16.95
trend=up
high= 16.95; rev= 16.03; mid= 16.49

WFC (Wells Fargo)
new high 53.36
trend=up
high= 53.36; rev= 50.35; mid= 51.86

MS (Morgan Stanley)
new high 35.76
trend=up
high= 35.76; rev= 34.31; mid= 35.04

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

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

M (Macy's)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 59.59; rev= 62.29; mid= 60.94

Powershares USD Bull (UUP)
new high 22.55
trend=up
high= 22.55; rev= 22.02; mid= 22.29

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (below mid)
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)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 108.97; rev= 110.01; mid= 109.49

IQI (Morgan Stanley Quality Muni)
-no 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 108.86
trend=up
high= 108.86; rev= 104.95; mid= 106.91

EEM (MSCI Emerging Markets)
WEEKLY CONFIRMATION new low 43.46
trend=no
direction=down (2 bars)
low= 43.46
rev= 45.85; mid= 44.66


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

Nikkei
new high 16067.57
trend=up
high= 16067.57
rev= 15539.19; mid= 15803.38



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

Hang Seng
WEEKLY REVERSAL new low 24168.72
trend=no
direction=down (1 bar)
low= 25112.23
rev= 25240.15; mid= 24704.44


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

Shanghai Composite
-no change (above mid)
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
WEEKLY CONFIRMATION new high 9799.26
trend=no
direction=up (2 bars)
high= 9799.26
rev= 9009.32; mid= 9404.29


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

Athen
-no 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