Saturday, November 29, 2014

Weekly 3LB Update 11/28/14

Weekly 3LB update (week ending 11/28/14)
a new high or low will change the reversal price and the midpoint

SPX
new high 2067.56
trend=up
high= 2067.56
rev= 2031.92; mid= 2049.74



monthly info new high 2067.56
trend=up
high= 2067.56; rev= 1960.23; mid= 2013.90

Dow Jones
new high 17828.24
trend=up
high= 17828.24
rev= 17573.93; mid= 17701.09



monthly info new high 17828.24
trend=up
high= 17828.24; rev= 16717.178; mid= 17272.71

Dow Jones Transportation Avg
new high 9198.20
trend=up
high= 9198.20
rev= 8949.11; mid= 9073.66



monthly info new high 9198.20
trend=up
high= 9198.20; rev= 8408.02; mid= 8803.31

Nasdaq Composite
new high 4791.63
trend=up
high= 4791.63
rev= 4632.53; mid= 4712.08



monthly info new high 4791.63
trend=up
high= 4791.63; rev= 4408.18; mid= 4599.91

DXY
new high 88.36
trend=up
high= 88.36
rev= 86.92; mid= 87.64



monthly info new high 88.36
trend=up
high= 88.36; rev= 83.38; mid= 85.87

Gold
-change (below mid)
trend=down
low= 1169.80
rev= 1203.70; mid= 1186.75



monthly info -no change (below mid)
trend=down
low= 1171.60; rev= 1392.60; mid= 1282.10

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 66.15
trend=down
low= 66.15
rev= 80.54; mid= 73.35



monthly info MONTHLY CONFIRMATION new low 66.15
trend=no; direction=down (2 bars)
low= 66.15; rev= 111.44; mid= 88.80

Sugar #11
-change (below mid)
trend=up
high= 16.62
rev= 15.00; mid= 15.81



monthly info -no change (below mid)
trend=down
low= 15.49; rev= 18.14; mid= 16.82

30 Year Yield
new low 29.10
trend=down
low= 29.10
rev= 31.35; mid= 30.23



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 21.94
trend=down
low= 21.94
rev= 24.61; mid= 23.28



monthly info new low 21.94
trend=down
low= 21.94; rev= 24.57; mid= 23.26

Silver
new low 15.55
trend=down
low= 15.55
rev= 16.83; mid= 16.19



monthly info new low 15.55
trend=down
low= 15.55; rev= 19.12; mid= 17.34

EURUSD
-no change (below mid)
trend=down
low= 1.2389
rev= 1.2689; mid= 1.2539



monthly info new low 1.2436
trend=down
low= 1.2436; rev= 1.3135; mid= 1.2786

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


monthly info -no change (above mid)
trend=up
high= 189.99; rev= 92.50; mid= 141.25

Lumber
-no change (above mid)
trend=no
direction=up (1 bar)
high= 333.00
rev= 317.40; mid= 325.20


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 297.60; rev= 391.20; mid= 344.40

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 24.40
trend=up
high= 24.40
rev= 23.84; mid= 24.12



monthly info new high 24.40
trend=up
high= 24.40; rev= 22.74; mid= 23.57

AUDJPY
-no change (above mid)
trend=up
high= 101.85
rev= 98.44; mid= 100.15



monthly info new high 100.44
trend=up
high= 100.88; rev= 87.28; mid= 94.08

YEN
new low 0.00842
trend=down
low= 0.00842
rev= 0.00873; mid= 0.00858



monthly info new low 0.00842
trend=down
low= 0.00842; rev= 0.00950; mid= 0.00896

GSCI (Ishares)
new low 25.02
trend=down
low= 25.02
rev= 27.71; mid= 26.37



monthly info new low 25.02
trend=down
low= 25.02; rev= 30.19; mid= 27.61

CAT (Caterpillar)
-change (below mid)
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)
-no change (above mid)
trend=up
high= 17.45
rev= 16.55; mid= 17.00



monthly info new high 17.29
trend=up
high= 17.29; rev= 16.39; mid= 16.84

Copper
WEEKLY CONFIRMATION new low 2.846
trend=no
direction=down (2 bars)
low= 2.846
rev= 3.385; mid= 3.116


monthly info MONTHLY CONFIRMATION new low 2.846
trend=no; direction=down (2 bars)
low= 2.846; rev= 3.050; mid= 2.948

QQQ (Powershares QQQ)
new high 106.01
trend=up
high= 106.01
rev= 101.60; mid= 103.81



monthly info new high 106.01
trend=up
high= 106.01; rev= 95.02; mid= 100.52

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)
WEEKLY CONFIRMATION new high 54.48
trend=no
direction=up (2 bars)
high= 54.48; rev= 48.69; mid= 51.59

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)
new high 338.64
trend=up
high= 338.64; rev= 303.64; mid= 321.14

M (Macy's)
new high 64.91
trend=up
high= 64.91; rev= 56.68; mid= 60.80

Powershares USD Bull (UUP)
new high 23.47
trend=up
high= 23.47; rev= 23.09; mid= 23.28

TLT (iShares Barclays 20+ Year Treas Bond)
new high 122.49
trend=up
high= 122.49; rev= 117.71; mid= 120.10

V (Visa)
new high 258.19
trend=up
high= 258.19; rev= 241.43; mid= 249.81

XRT (SPDR Retail ETF)
new high 94.31
trend=up
high= 94.31; rev= 90.05; mid= 92.18

MUB (iShares S&P National AMT-Fre)
-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 (below mid)
trend=down
low= 39.48; rev= 41.14; mid= 40.31

USDJPY
new high 118.71
trend=up
high= 118.71; rev= 114.51; mid= 116.61

EEM (MSCI Emerging Markets)
-change (below 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 17459.85
trend=up
high= 17459.85; rev= 15661.87; mid= 16560.86

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
new high 2682.92
trend=up
high= 2682.92
rev= 2420.18; mid= 2551.55



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

DAX
WEEKLY REVERSAL new high 9980.85
trend=no
direction=up (1 bar)
high= 9980.85
rev= 8788.81; mid= 9384.83


monthly info MONTHLY REVERSAL new high 9980.85
trend=no; direction=up (1 bar)
high= 9980.85; rev= 9326.87; mid= 9653.86

Athen
-no change (above mid)
trend=no
direction=up (1 bar)
high= 995.07
rev= 890.74; mid= 942.91


monthly info -no change (below mid)
trend=down
low= 915.83; rev= 1169.01; mid= 1042.42

IBEX
-change (above mid)
trend=no
direction=down (1 bar)
low= 9956.80
rev= 11148.90; mid= 10552.85


monthly info -change (above mid)
trend=up
high= 10923.50; rev= 10340.50; mid= 10632.00