Saturday, November 22, 2014

Weekly 3LB Update 11/21/14

Weekly 3LB update (week ending 11/21/14)
a new high or low will change the reversal price and the midpoint

SPX
new high 2063.50
trend=up
high= 2063.50
rev= 2018.05; mid= 2040.78



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

Dow Jones
new high 17810.06
trend=up
high= 17810.06
rev= 17390.52; mid= 17600.29



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
new high 9094.16
trend=up
high= 9094.16
rev= 8755.51; mid= 8924.84



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

Nasdaq Composite
new high 4712.97
trend=up
high= 4712.97
rev= 4630.74; mid= 4671.86



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

DXY
new high 88.31
trend=up
high= 88.31
rev= 86.69; mid= 87.50



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

Gold
-change (above mid)
trend=down
low= 1169.80
rev= 1206.80; mid= 1188.30



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
-no change (below mid)
trend=down
low= 75.84
rev= 81.03; mid= 78.44



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= 15.69
rev= 17.62; mid= 16.66



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
-no change (below mid)
trend=down
low= 15.71
rev= 17.54; mid= 16.63



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

EURUSD
new low 1.2389
trend=down
low= 1.2389
rev= 1.2689; mid= 1.2539



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)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 190.71
rev= 176.91; mid= 183.81


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

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


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

Baltic Dry Index
-no change (above mid)
trend=no
direction=up (2 bars)
high= 1436.00
rev= 930.00; mid= 1183.00


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

XLF
new high 24.21
trend=up
high= 24.21
rev= 22.58; mid= 23.40



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

AUDJPY
new high 101.85
trend=up
high= 101.85
rev= 98.44; mid= 100.15



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

YEN
new low 0.00849
trend=down
low= 0.00849
rev= 0.00891; mid= 0.00870



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= 26.81
rev= 27.85; mid= 27.33



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

CAT (Caterpillar)
new high 106.45
trend=up
high= 106.45
rev= 97.39; mid= 101.92



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 17.45
trend=up
high= 17.45
rev= 16.55; mid= 17.00



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)
new high 103.87
trend=up
high= 103.87
rev= 101.40; mid= 102.64



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

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

JPM (JP Morgan Chase)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 61.47; rev= 53.31; mid= 57.39

BAC (Bank of America)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 17.36; rev= 16.21; mid= 16.79

WFC (Wells Fargo)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 53.84; rev= 48.69; mid= 51.27

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

AMZN (Amazon)
WEEKLY CONFIRMATION new high 332.63
trend=no
direction=up (2 bars)
high= 332.63; rev= 287.06; mid= 309.85

M (Macy's)
WEEKLY CONFIRMATION new high 63.33
trend=no
direction=up (2 bars)
high= 63.33; rev= 56.21; mid= 59.77

Powershares USD Bull (UUP)
new high 23.46
trend=up
high= 23.46; rev= 23.08; mid= 23.27

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)
new high 254.22
trend=up
high= 254.22; rev= 217.00; mid= 235.61

XRT (SPDR Retail ETF)
new high 92.68
trend=up
high= 92.68; rev= 89.20; mid= 90.94

MUB (iShares S&P National AMT-Fre)
-no change (below 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 (below mid)
trend=down
low= 39.48; rev= 41.14; mid= 40.31

USDJPY
new high 117.77
trend=up
high= 117.77; rev= 112.26; mid= 115.02

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
-no change (above mid)
trend=up
high= 17490.83
rev= 115300.55; mid= 16395.69



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

Hang Seng
-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 2487.11
trend=up
high= 2487.11
rev= 2347.72; mid= 2417.42



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
WEEKLY REVERSAL new high 995.07
trend=no
direction=up (1 bar)
high= 995.07
rev= 890.74; mid= 942.91


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