Weekly 3LB Update 10/31/14

Weekly 3LB update (week ending 10/31/14)
a new high or low will change the reversal price and the midpoint

SPX
WEEKLY REVERSAL new high 2018.05
trend=down
high= 2018.05
rev= 1886.76; mid= 1952.41



monthly info new high 2018.05
trend=up
high= 2018.05; rev= 1923.57; mid= 1970.81

Dow Jones
WEEKLY REVERSAL new high 17390.52
trend=no
direction=up (1 bar)
high= 17390.52
rev= 16380.41; mid= 16885.47


monthly info MONTHLY CONFIRMATION new high 17390.52
trend=no; direction=up (2 bars)
high= 17390.52; rev= 16563.30; mid= 16976.91

Dow Jones Transportation Avg
WEEKLY REVERSAL new high 8755.51
trend=no
direction=up (1 bar)
high= 8755.51
rev= 7893.26; mid= 8324.39


monthly info new high 8755.51
trend=up
high= 8755.51; rev= 8202.30; mid= 8478.91

Nasdaq Composite
WEEKLY REVERSAL new high 4630.74
trend=no
direction=up (1 bar)
high= 4630.74
rev= 4258.44; mid= 4444.59


monthly info new high 4630.74
trend=up
high= 4630.74; rev= 4308.12; mid= 4469.43

DXY
new high 86.92
trend=up
high= 86.92
rev= 84.74; mid= 85.83



monthly info new high 86.92
trend=up
high= 86.92; rev= 83.04; mid= 84.98

Gold
new low 1171.60
trend=down
low= 1171.60
rev= 1399.00; mid= 1285.30



monthly info new low 1171.60
trend=down
low= 1171.60; rev= 1397.00; mid= 1284.30

VIX
-no change (below 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 80.54
trend=down
low= 80.54
rev= 85.07; mid= 82.81



monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 79.73; rev= 118.06; mid= 98.90

Sugar #11
-no change (below mid)
trend=down
low= 15.80
rev= 18.11; mid= 16.96



monthly info new low 16.04
trend=down
low= 16.04; rev= 19.08; mid= 17.56

30 Year Yield
-no change (below mid)
trend=no
direction=down (2 bars)
low= 29.68
rev= 33.51; mid= 31.60


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=no
direction=down (2 bars)
low= 21.99
rev= 26.14; mid= 24.07


monthly info new low 23.35
trend=down
low= 23.35; rev= 27.49; mid= 25.42

Silver
new low 16.10
trend=down
low= 16.10
rev= 17.85; mid= 16.98



monthly info MONTHLY CONFIRMATION new low 16.10
trend=no; direction=down (2 bars)
low= 16.10; rev= 21.12; mid= 18.61

EURUSD
-no change (below mid)
trend=down
low= 1.2515
rev= 1.2958; mid= 1.2737



monthly info MONTHLY CONFIRMATION new low 1.2635
trend=no; direction=down (2 bars)
low= 1.2530; rev= 1.3401; mid= 1.2966

GS (Goldman Sachs)
WEEKLY REVERSAL new high 189.99
trend=no
direction=up (1 bar)
high= 189.99
rev= 176.91; mid= 183.45


monthly info new high 189.99
trend=up
high= 189.99; rev= 92.50; mid= 141.25

Lumber
WEEKLY REVERSAL new low 323.00
trend=no
direction=down (1 bar)
low= 323.00
rev= 349.20; mid= 336.10


monthly info -no change (above mid)
trend=down
low= 273.0; rev= 356.10; mid= 314.55

Baltic Dry Index
WEEKLY REVERSAL new high 1424.00
trend=no
direction=up (1 bar)
high= 1424.00
rev= 930.00; mid= 1177.00


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

XLF
WEEKLY REVERSAL new high 23.84
trend=no
direction=up (1 bar)
high= 23.84
rev= 22.32; mid= 23.08


monthly info new high 23.84
trend=up
high= 23.84; rev= 22.34; mid= 23.09

AUDJPY
WEEKLY REVERSAL new high 98.44
trend=no
direction=up (1 bar)
high= 98.44
rev= 93.04; mid= 95.74


monthly info MONTHLY CONFIRMATION new high 98.44
trend=no; direction=up (2 bars)
high= 98.44; rev= 83.87; mid= 91.16

YEN
WEEKLY REVERSAL new low 0.00891
trend=no
direction=down (1 bar)
low= 0.00891
rev= 0.00938; mid= 0.00915


monthly info new low 0.00891
trend=down
low= 0.00891; rev= 0.00978; mid= 0.00935

GSCI (Ishares)
-no change (below mid)
trend=down
low= 27.71
rev= 29.12; mid= 28.42



monthly info new low 27.83
trend=down
low= 27.83; rev= 34.11; mid= 30.97

CAT (Caterpillar)
WEEKLY REVERSAL new high 101.41
trend=no
direction=up (1 bar)
high= 101.41
rev= 93.13; mid= 97.27


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

AA (Alcoa)
WEEKLY CONFIRMATION new high 16.76
trend=no
direction=up (2 bars)
high= 16.76
rev= 14.71; mid= 15.74


monthly info new high 16.76
trend=up
high= 16.76; rev= 14.89; mid= 15.83

Copper
-no change (below mid)
trend=no
direction=down (1 bar)
low= 2.938
rev= 3.342; mid= 3.140


monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 3.007; rev= 3.251; mid= 3.129

QQQ (Powershares QQQ)
WEEKLY REVERSAL new high 101.40
trend=no
direction= up (1 bar)
high= 101.40
rev= 93.00; mid= 97.20


monthly info new high 101.40
trend=up
high= 101.40; rev= 93.91; mid= 97.66

BIDU (Baidu)
new high 238.77
trend=up
high= 238.77; rev= 191.20; mid= 214.99

JPM (JP Morgan Chase)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 61.11; rev= 53.31; mid= 57.21

BAC (Bank of America)
-change (above mid)
trend=no
direction=down (2 bars)
low= 16.21; rev= 17.29; mid= 16.75

WFC (Wells Fargo)
-no change (above mid)
trend=no
direction=down (1 bar)
low= 48.69; rev= 53.36; mid= 51.03

MS (Morgan Stanley)
-no change (above mid)
trend=no
direction=down (1 bar)
low= 32.94; rev= 35.76; mid= 34.35

AXP (American Express)
-change (above mid)
trend=down
low= 82.58; rev= 95.54; mid= 89.06

AMZN (Amazon)
-change (above mid)
trend=down
low= 287.06; rev= 324.01; mid= 305.54

M (Macy's)
-no change (below mid)
trend=down
low= 56.21; rev= 61.77; mid= 58.99

Powershares USD Bull (UUP)
new high 23.09
trend=up
high= 23.09; rev= 22.55; mid= 22.82

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 121.07; rev= 113.38; mid= 117.23

V (Visa)
WEEKLY REVERSAL new high 241.43
trend=no
direction=up (1 bar)
high= 241.43; rev= 204.98; mid= 223.21

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 (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)
-no change (above mid)
trend=down
low= 39.48; rev= 41.14; mid= 40.31

USDJPY
WEEKLY REVERSAL new high 112.26
trend=no
direction=up (1 bar)
high= 112.26; rev= 106.63; mid= 109.45

EEM (MSCI Emerging Markets)
-change (above mid)
trend=down
low= 40.51
rev= 43.46; mid= 41.99



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

Nikkei
WEEKLY REVERSAL new high 16413.76
trend=no
direction=up (1 bar)
high= 16413.76
rev= 14532.51; mid= 15473.14


monthly info new high 16413.76
trend=up
high= 16413.76; rev= 14455.80; mid= 15434.78

Hang Seng
-change (above 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
WEEKLY REVERSAL new high 2420.18
trend=no
direction=up (1 bar)
high= 2420.18
rev= 2302.28; mid= 2361.23


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=no
direction=down (1 bar)
low= 8788.81
rev= 9799.26; mid= 9294.04


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

Athen
new low 915.83
trend=down
low= 915.83
rev= 1047.21; mid= 981.52



monthly info new low 915.83
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 (below mid)
trend=up
high= 10923.50; rev= 10340.50; mid= 10632.00