Weekly 3LB Update 9/5/14

Weekly 3LB update (week ending 9/5/14)
a new high or low will change the reversal price and the midpoint

SPX
new high 2007.71
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
WEEKLY REVERSAL new high 17137.36
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
WEEKLY CONFIRMATION new high 8601.80
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
new high 4582.90
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 83.74
trend=up
high= 83.74
rev= 81.42; mid= 82.58



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 REVERSAL new low 93.29
trend=no
direction=down (1 bar)
low= 93.29
rev= 95.96; mid= 94.63


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 15.00
trend=down
low= 15.00
rev= 15.92; mid= 15.46



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

30 Year Yield
-change (above mid)
trend=down
low= 30.80
rev= 32.44; mid= 31.62



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 REVERSAL new high 24.61
trend=no
direction=up (1 bar)
high= 24.61
rev= 23.43; mid= 24.02


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 19.15
trend=down
low= 19.15
rev= 21.21; mid= 20.18



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

EURUSD
new low 1.2959
trend=down
low= 1.2959
rev= 1.3400; mid= 1.3180



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 179.75
trend=up
high= 179.75
rev= 175.40; mid= 177.58



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 1147.00
trend=up
high= 1147.00
rev= 738.00; mid= 942.50



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

XLF
new high 23.46
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
new high 98.46
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 0.00952
trend=down
low= 0.00952
rev= 0.00970; mid= 0.00961



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

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 (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)
new high 17.28
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
-no change (above 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 99.89
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)
new high 226.70
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)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 16.13; rev= 14.51; mid= 15.32

WFC (Wells Fargo)
WEEKLY REVERSAL new high 51.65
trend=no
direction=up (1 bar)
high= 51.65; rev= 50.00; mid= 50.83

MS (Morgan Stanley)
new high 34.63
trend=up
high= 34.63; rev= 29.51; mid= 32.07

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

M (Macy's)
-no change (above mid)
trend=up
high= 62.29; rev= 59.89; mid= 61.09

Powershares USD Bull (UUP)
new high 22.30
trend=up
high= 22.30; rev= 21.28; mid= 21.79

TLT (iShares Barclays 20+ Year Treas Bond)
-change (below mid)
trend=up
high= 119.05; rev= 114.52; mid= 116.79

V (Visa)
-change (above mid)
trend=up
high= 220.20; rev= 207.70; mid= 213.95

XRT (SPDR Retail ETF)
new high 89.20
trend=up
high= 89.20; rev= 80.95; mid= 85.08

MUB (iShares S&P National AMT-Fre)
-change (below mid)
trend=up
high= 110.01; rev= 109.15; mid= 109.58

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

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

USDJPY
new high 105.06
trend=up
high= 105.06; rev= 103.05; mid= 104.06

EEM (MSCI Emerging Markets)
new high 45.85
trend=up
high= 45.85
rev= 44.16; mid= 45.01



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

Nikkei
WEEKLY CONFIRMATION new high 15668.68
trend=no
direction=up (2 bars)
high= 15668.68
rev= 14778.37; mid= 15223.53


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

Hang Seng
new high 25240.15
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 2326.43
trend=up
high= 2326.43
rev= 2236.22; mid= 2281.33



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

DAX
WEEKLY REVERSAL new high 9747.02
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 (above 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
WEEKLY CONFIRMATION new high 11148.90
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