Weekly 3LB Update 8/22/14

Weekly 3LB update (week ending 8/22/14)
a new high or low will change the reversal price and the midpoint

SPX
new high 1988.40
trend=up
high= 1988.40
rev= 1949.44; mid= 1968.92



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

Dow Jones
-change (above 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
WEEKLY REVERSAL new high 8429.91
trend=no
direction=up (1 bar)
high= 8429.91
rev= 8092.47; mid= 8261.19


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

Nasdaq Composite
new high 4538.55
trend=up
high= 4538.55
rev= 4368.04; mid= 4453.30



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

DXY
new high 82.34
trend=up
high= 82.34
rev= 81.30; mid= 81.82



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

Gold
-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= 1658.40; mid= 1431.90

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
new low 93.65
trend=down
low= 93.65
rev= 95.85; mid= 94.75



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

Sugar #11
new low 15.64
trend=down
low= 15.64
rev= 16.35; mid= 16.00



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

30 Year Yield
-no change (below mid)
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
-no change (below mid)
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 CONFIRMATION new low 19.39
trend=no
direction=down (2 bars)
high= 19.39
rev= 21.46; mid= 20.43


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

EURUSD
new low 1.3243
trend=down
low= 1.3243
rev= 1.3430; mid= 1.3337



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)
new high 175.47
trend=up
high= 175.47
rev= 169.84; mid= 172.66



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

Lumber
new high 352.50
trend=up
high= 352.50
rev= 339.40; mid= 345.95



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

Baltic Dry Index
WEEKLY CONFIRMATION new high 1096.00
trend=no
direction=up (2 bars)
high= 1096.00
rev= 732.00; mid= 914.00


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

XLF
WEEKLY REVERSAL new high 23.12
trend=no
direction=up (1 bar)
high= 23.12
rev= 22.22; mid= 22.67


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

AUDJPY
new high 0.9666
trend=up
high= 0.9666
rev= 0.9424; mid= 0.9545



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)
-change (above 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 (above 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 99.05
trend=up
high= 99.05
rev= 96.12; mid= 97.59



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)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 53.31; rev= 60.17; mid= 56.74

BAC (Bank of America)
WEEKLY CONFIRMATION new high 16.13
trend=no
direction=up (2 bars)
high= 16.13; rev= 14.51; mid= 15.32

WFC (Wells Fargo)
-change (above mid)
trend=down
low= 50.00; rev= 51.49; mid= 50.75

MS (Morgan Stanley)
WEEKLY REVERSAL new high 33.47
trend=no
direction=up (1 bar)
high= 33.47; rev= 28.47; mid= 30.97

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)
new high 61.77
trend=up
high= 61.77; rev= 56.83; mid= 59.30

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

Powershares USD Bull (UUP)
WEEKLY REVERSAL new high 21.94
trend=no
direction=up (1 bar)
high= 21.94; rev= 21.27; mid= 21.61

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (above mid)
trend=up
high= 117.71; rev= 113.54; mid= 115.63

V (Visa)
-change (above 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)
new high 109.54
trend=up
high= 109.54; rev= 108.00; mid= 108.77

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)
-no 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 (below mid)
trend=down
low= 0.7741; rev= 0.7940; mid= 0.7841

EEM (MSCI Emerging Markets)
-no 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
WEEKLY REVERSAL new high 15539.19
trend=no
direction=up (1 bar)
low= 15539.19
rev= 14778.37; mid= 15158.78


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

Hang Seng
new high 25112.23
trend=up
high= 25112.23
rev= 24216.01; mid= 24664.12



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

Shanghai Composite
new high 2240.81
trend=up
high= 2240.81
rev= 2073.09; mid= 2156.95



monthly info -no change (below mid)
trend=no; direction=up (2 bars)
high= 3412.06; rev= 1728.79; mid= 2570.43

DAX
-change (above 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
-change (above 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