Weekly 3LB Update 12/19/14

Weekly 3LB update (week ending 12/19/14)
a new high or low will change the reversal price and the midpoint

SPX
-change (above mid)
trend=NO
direction=down (1 bar)
low= 2002.33
rev= 2075.37; mid= 2038.85


monthly info new high 2067.56
trend=up
high= 2067.56; rev= 1960.23; mid= 2013.90

Dow Jones
-change (above mid)
trend=no
direction=down (1 bar)
low= 17280.83
rev= 17958.79; mid= 17619.81


monthly info new high 17828.24
trend=up
high= 17828.24; rev= 16717.178; mid= 17272.71

Dow Jones Transportation Avg
-no change (below mid)
trend=no
direction=down (1 bar)
low= 8836.88
rev= 9198.20; mid= 9017.54


monthly info new high 9198.20
trend=up
high= 9198.20; rev= 8408.02; mid= 8803.31

Nasdaq Composite
-change (above mid)
trend=up
high= 4791.63
rev= 4632.53; mid= 4712.08



monthly info new high 4791.63
trend=up
high= 4791.63; rev= 4408.18; mid= 4599.91

DXY
new high 89.60
trend=up
high= 89.60
rev= 88.31; mid= 88.96



monthly info new high 88.36
trend=up
high= 88.36; rev= 83.38; mid= 85.87

Gold
-change (below mid)
trend=
direction=up (1 bar)
high= 1222.50
rev= 1170.70; mid= 1196.60


monthly info -no change (below mid)
trend=down
low= 1171.60; rev= 1392.60; mid= 1282.10

VIX
-no change (above mid)
trend=no
direction=up (2 bars)
high= 21.99
rev= 10.32; mid= 16.16


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

WTI Crude Oil
new low 57.13
trend=down
low= 57.13
rev= 66.48; mid= 61.81



monthly info MONTHLY CONFIRMATION new low 66.15
trend=no; direction=down (2 bars)
low= 66.15; rev= 111.44; mid= 88.80

Sugar #11
-no change (below mid)
trend=down
low= 14.98
rev= 15.69; mid= 15.34



monthly info -no change (below mid)
trend=down
low= 15.49; rev= 18.14; mid= 16.82

30 Year Yield
-no change (below mid)
trend=down
low= 27.56
rev= 30.35; mid= 28.96



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=down
low= 21.03
rev= 23.07; mid= 22.05



monthly info new low 21.94
trend=down
low= 21.94; rev= 24.57; mid= 23.26

Silver
-change (below mid)
trend=no
direction=up (1 bar)
high= 17.06
rev= 15.55; mid= 16.31


monthly info new low 15.55
trend=down
low= 15.55; rev= 19.12; mid= 17.34

EURUSD
new low 1.2235
trend=down
low= 1.2235
rev= 1.2451; mid= 1.2343



monthly info new low 1.2436
trend=down
low= 1.2436; rev= 1.3135; mid= 1.2786

GS (Goldman Sachs)
-change (above mid)
trend=up
high= 195.45
rev= 186.20; mid= 190.83



monthly info -no change (above mid)
trend=up
high= 189.99; rev= 92.50; mid= 141.25

Lumber
-no change (above mid)
trend=no
direction=down (2 bars)
high= 319.90
rev= 351.70; mid= 335.80


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 297.60; rev= 391.20; mid= 344.40

Baltic Dry Index
WEEKLY CONFIRMATION new low 814.00
trend=no
direction=down (2 bars)
low= 814.00
rev= 1436.00; mid= 1125.00


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

XLF
-change (above mid)
trend=no
direction=down (1 bar)
low= 24.14
rev= 24.82; mid= 24.48


monthly info new high 24.40
trend=up
high= 24.40; rev= 22.74; mid= 23.57

AUDJPY
-no change (below mid)
trend=no
direction=down (1 bar)
low= 96.60
rev= 100.50; mid= 98.55


monthly info new high 100.44
trend=up
high= 100.88; rev= 87.28; mid= 94.08

YEN
-change (below mid)
trend=down
low= 0.00824
rev= 0.00860; mid= 0.00842



monthly info new low 0.00842
trend=down
low= 0.00842; rev= 0.00950; mid= 0.00896

GSCI (Ishares)
new low 22.78
trend=down
low= 22.78
rev= 25.02; mid= 23.90



monthly info new low 25.02
trend=down
low= 25.02; rev= 30.19; mid= 27.61

CAT (Caterpillar)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 90.50
rev= 106.45; mid= 98.48


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

AA (Alcoa)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 14.87
rev= 17.45; mid= 16.16


monthly info new high 17.29
trend=up
high= 17.29; rev= 16.39; mid= 16.84

Copper
-no change (below mid)
trend=no
direction=down (2 bars)
low= 2.846
rev= 3.362; mid= 3.104


monthly info MONTHLY CONFIRMATION new low 2.846
trend=no; direction=down (2 bars)
low= 2.846; rev= 3.050; mid= 2.948

QQQ (Powershares QQQ)
-change (above mid)
trend=up
high= 106.01
rev= 101.60; mid= 103.81



monthly info new high 106.01
trend=up
high= 106.01; rev= 95.02; mid= 100.52

BIDU (Baidu)
-no change (below mid)
trend=up
high= 249.70; rev= 226.50; mid= 238.10

JPM (JP Morgan Chase)
-no change (above mid)
trend=up
high= 62.70; rev= 54.01; mid= 58.36

BAC (Bank of America)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 17.68; rev= 16.21; mid= 16.95

WFC (Wells Fargo)
-no change (above mid)
trend=up
high= 55.03; rev= 51.70; mid= 53.37

MS (Morgan Stanley)
WEEKLY CONFIRMATION new high 38.51
trend=no
direction=up (2 bars)
high= 38.51; rev= 32.94; mid= 35.73

AXP (American Express)
-no change (above mid)
trend=down
low= 82.58; rev= 95.54; mid= 89.06

AMZN (Amazon)
WEEKLY REVERSAL new low 299.90
trend=no
direction=down (1 bar)
low= 299.90; rev= 338.64; mid= 319.27

M (Macy's)
-no change (above mid)
trend=up
high= 64.91; rev= 56.68; mid= 60.80

Powershares USD Bull (UUP)
new high 23.77
trend=up
high= 23.77; rev= 23.46; mid= 23.62

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (above mid)
trend=up
high= 126.30; rev= 120.05; mid= 123.18

V (Visa)
-change (above mid)
trend=up
high= 263.35; rev= 252.43; mid= 257.89

XRT (SPDR Retail ETF)
-no change (above mid)
trend=up
high= 94.31; rev= 90.05; mid= 92.18

MUB (iShares S&P National AMT-Fre)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 110.52; rev= 108.97; mid= 109.75

IQI (Morgan Stanley Quality Muni)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 12.47; rev= 11.89; mid= 12.18

JNK (SPDR Barclays Capital HY)
-change (above mid)
trend=down
low= 37.63; rev= 40.09; mid= 38.86

USDJPY
-no change (above mid)
trend=up
high= 121.27; rev= 116.08; mid= 118.81

EEM (MSCI Emerging Markets)
-no change (below mid)
trend=down
low= 38.34
rev= 42.42; mid= 40.38



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

Nikkei
-no change (above mid)
trend=up
high= 17920.45
rev= 16413.76; mid= 17167.11



monthly info new high 17459.85
trend=up
high= 17459.85; rev= 15661.87; mid= 16560.86

Hang Seng
-no change (below mid)
trend=down
low= 23023.21
rev= 24168.72; mid= 23595.97



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

Shanghai Composite
new high 3109.69
trend=up
high= 3109.69
rev= 2487.11; mid= 2798.40



monthly info -change (above 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 (2 bars)
high= 10087.12
rev= 8788.81; mid= 9437.97


monthly info MONTHLY REVERSAL new high 9980.85
trend=no; direction=up (1 bar)
high= 9980.85; rev= 9326.87; mid= 9653.86

Athen
-no change (below mid)
trend=no
direction=down (1 bar)
low= 824.49
rev= 1032.98; mid= 928.74


monthly info -no change (below mid)
trend=down
low= 915.83; rev= 1169.01; mid= 1042.42

IBEX
-no change (below mid)
trend=no
direction=down (1 bar)
low= 9956.80
rev= 11148.90; mid= 10552.85


monthly info -change (above mid)
trend=up
high= 10923.50; rev= 10340.50; mid= 10632.00