Weekly 3LB Update 8/15/14

Weekly 3LB update (week ending 8/15/14)
a new high or low will change the reversal price and the midpoint

SPX
-change (above mid)
trend=up
high= 1985.44
rev= 1923.57; mid= 1954.51



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

Dow Jones
-no change (below mid)
trend=no
direction=down (1 bar)
low= 16493.37
rev= 17100.18; mid= 16796.78


monthly info MONTHLY REVERSAL new low 16563.30
trend=no; direction=down (1 bar)
low= 16563.30; rev= 16826.60; mid= 16694.95

Dow Jones Transportation Avg
-change (above mid)
trend=no
direction=down (2 bars)
low= 8092.47
rev= 8428.15; mid= 8274.51


monthly info -no change (above mid)
trend=up
high= 8202.30; rev= 7574.96; mid= 7888.63

Nasdaq Composite
-change (above mid)
trend=up
high= 4485.93
rev= 4321.40; mid= 4403.67



monthly info -no change (above mid)
trend=up
high= 4408.18; rev= 4059.89; mid= 4234.04

DXY
new high 81.42
trend=up
high= 81.42
rev= 81.21; mid= 81.32



monthly info -change (above mid)
trend=up
high= 83.38; rev= 78.55; mid= 80.97

Gold
-no change (above 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= 1658.40; mid= 1431.90

VIX
-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
new low 95.32
trend=down
low= 95.32
rev= 103.40; mid= 99.36



monthly info -change (below mid)
trend=no; direction=down (1 bar)
low= 84.72; rev= 121.08; mid= 102.90

Sugar #11
new low 15.92
trend=down
low= 15.92
rev= 16.97; mid= 16.45



monthly info new low 16.46
trend=down
low= 16.46; rev= 19.09; mid= 17.78

30 Year Yield
new low 31.35
trend=down
low= 31.35
rev= 32.92; mid= 32.14



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

10 Year Yield
new low 23.45
trend=down
low= 23.45
rev= 28.29; mid= 25.87



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

Silver
WEEKLY REVERSAL new low 19.52
trend=no
direction=down (1 bar)
high= 19.52
rev= 21.46; mid= 20.49


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
low= 21.05; rev= 18.75; mid= 19.90

EURUSD
new low 1.3400
trend=down
low= 1.3400
rev= 1.3433; mid= 1.3417



monthly info MONTHLY REVERSAL new low 1.3392
trend=no; direction=down (1 bar)
low= 1.3392; rev= 1.3874; mid= 1.3633

GS (Goldman Sachs)
-no change (above mid)
trend=up
high= 175.40
rev= 161.93; mid= 168.67



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

Lumber
new high 345.40
trend=up
high= 345.40
rev= 328.80; mid= 337.10



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

Baltic Dry Index
WEEKLY REVERSAL new high 942.00
trend=no
direction=up (1 bar)
high= 942.00
rev= 732.00; mid= 837.00


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

XLF
-no change (below mid)
trend=no
direction=down (1 bar)
low= 22.22
rev= 23.04; mid= 22.63


monthly info -no change (above mid)
trend=up
high= 22.76; rev= 21.48; mid= 22.12

AUDJPY
-no change (above mid)
trend=up
high= 0.9529
rev= 0.9289; mid= 0.9409



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 (below 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 (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)
-no change (above mid)
trend=up
high= 16.56
rev= 14.98; mid= 15.77



monthly info new high 16.39
trend=up
high= 16.39; rev= 13.47; mid= 14.93

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


monthly info MONTHLY CONFIRMATION new high 3.231
trend=no; direction=up (2 bars)
high= 3.231; rev= 2.993; mid= 3.112

QQQ (Powershares QQQ)
new high 97.40
trend=up
high= 97.40
rev= 95.70; mid= 96.55



monthly info -no change (above mid)
trend=up
high= 93.91; rev= 87.96; mid= 90.94

BIDU (Baidu)
-no change (above mid)
trend=up
high= 226.50; rev= 150.66; mid= 188.58

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

WFC (Wells Fargo)
-no change (below mid)
trend=down
low= 50.00; rev= 51.49; mid= 50.75

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 (below mid)
trend=no
direction=down (1 bar)
low= 86.47; rev= 95.84; mid= 91.16

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

M (Macy's)
-change (below mid)
trend=no
direction=up (2 bars)
high= 60.21; rev= 56.35; mid= 58.28

BKX (KBW Bank Index)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 66.81; rev= 72.70; mid= 69.76

Powershares USD Bull (UUP)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 21.27; rev= 21.90; mid= 21.59

TLT (iShares Barclays 20+ Year Treas Bond)
new high 117.71
trend=up
high= 117.71; rev= 113.54; mid= 115.63

V (Visa)
-no change (below mid)
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)
WEEKLY CONFIRMATION new high 109.44
trend=no
direction=up (2 bars)
high= 109.44; rev= 107.93; mid= 108.69

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

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

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
-change (above mid)
trend=down
low= 0.7741; rev= 0.7940; mid= 0.7841

EEM (MSCI Emerging Markets)
-change (above mid)
trend=up
high= 44.78
rev= 43.56; mid= 44.18



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

Nikkei
-change (above mid)
trend=no
direction=down (1 bar)
low= 14778.37
rev= 15523.11; mid= 15150.74


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

Hang Seng
new high 24954.94
trend=up
high= 24954.94
rev= 23546.36; mid= 24250.65



monthly info new high 24756.85
trend=up
high= 24756.85; rev= 20534.85; mid= 22645.85

Shanghai Composite
-no change (above 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=down
low= 9009.32
rev= 9666.34; mid= 9337.83



monthly info -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 REVERSAL new low 1169.01
trend=no; direction=down (1 bar)
low= 1169.01; rev= 1335.74; mid= 1252.38

IBEX
-no change (below mid)
trend=down
low= 10104.80
rev= 10538.80; mid= 10321.80



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