Weekly 3LB Update 1/16/15

Weekly 3LB update (week ending 1/16/15)
a new high or low will change the reversal price and the midpoint

SPX
-no change (below mid)
trend=no
direction=up (1 bar)
high= 2088.77
rev= 2002.33; mid= 2045.55


monthly info -no change (above mid)
trend=up
high= 2067.56; rev= 1960.23; mid= 2013.90

Dow Jones
-change (below mid)
trend=no
direction=up (1 bar)
high= 18053.71
rev= 17280.83; mid= 17667.27


monthly info -no change (above mid)
trend=up
high= 17828.24; rev= 16717.178; mid= 17272.71

Dow Jones Transportation Avg
WEEKLY REVERSAL new low 8764.12
trend=no
direction=down (1 bar)
low= 8764.12
rev= 9199.65; mid= 8981.89


monthly info -no change (above mid)
trend=up
high= 9198.20; rev= 8408.02; mid= 8803.31

Nasdaq Composite
WEEKLY REVERSAL new low 4634.38
trend=no
direction=down (1 bar)
low= 4634.38
rev= 4806.86; mid= 4720.62


monthly info -no change (above mid)
trend=up
high= 4791.63; rev= 4408.18; mid= 4599.91

DXY
new high 92.52
trend=up
high= 92.52
rev= 90.03; mid= 91.28



monthly info new high 90.32
trend=up
high= 90.32; rev= 85.91; mid= 88.12

Gold
WEEKLY CONFIRMATION new high 1276.90
trend=
direction=up (2 bars)< br/> high= 1276.90
rev= 1170.70; mid= 1223.80



monthly info -no change (below mid)
trend=down
low= 1172.50; rev= 1393.90; mid= 1283.20

VIX
-no change (above 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= 48.84
rev= 57.61; mid= 53.23



monthly info new low 53.27
trend=down
low= 53.27; rev= 89.16; mid= 71.22

Sugar #11
WEEKLY REVERSAL new high 15.33
trend=no
direction=up (1 bar)
high= 15.33
rev= 14.17; mid= 14.75


monthly info new low 14.52
trend=down
low= 14.52; rev= 16.45; mid= 15.49

30 Year Yield
new low 24.35
trend=down
low= 24.35
rev= 27.56; mid= 25.96



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 18.14
trend=down
low= 18.14
rev= 21.94; mid= 20.04



monthly info new low 21.70
trend=down
low= 21.70; rev= 23.43; mid= 22.57

Silver
WEEKLY CONFIRMATION new high 17.75
trend=no
direction=up (2 bars)
high= 17.75
rev= 15.55; mid= 16.65


monthly info -no change (below mid)
trend=down
low= 15.55; rev= 19.19; mid= 17.37

EURUSD
new low 1.1590
trend=down
low= 1.1590
rev= 1.2185; mid= 1.189



monthly info new low 1.2107
trend=down
low= 1.2107; rev= 1.2642; mid= 1.2375

GS (Goldman Sachs)
WEEKLY REVERSAL new low 177.23
trend=no
direction=down (1 bar)
low= 177.23
rev= 195.45; mid= 186.34


monthly info new high 193.86
trend=up
high= 193.86; rev= 165.46; mid= 179.66

Lumber
new low 311.90
trend=down
low= 31.90
rev= 348.20; mid= 330.05



monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 275.50; rev= 358.60; mid= 317.05

Baltic Dry Index
-no change (below mid)
trend=down
low= 724.00
rev= 887.00; mid= 805.50



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

XLF
WEEKLY CONFIRMATION new low 23.49
trend=no
direction=down (2 bars)
low= 23.49
rev= 24.95; mid= 24.22


monthly info new high 24.72
trend=up
high= 24.72; rev= 23.36; mid= 24.04

AUDJPY
WEEKLY CONFIRMATION new low 96.24
trend=no
direction=down (2 bars)
low= 96.24
rev= 100.50; mid= 98.37


monthly info -no change (above mid)
trend=up
high= 99.53; rev= 82.99; mid= 91.26

YEN
-no change (above mid)
trend=down
low= 0.00825
rev= 0.00861; mid= 0.00843



monthly info new low 0.00835
trend=down
low= 0.00835; rev= 0.00913; mid= 0.00874

GSCI (Ishares)
new low 19.82
trend=down
low= 19.82
rev= 21.94; mid= 20.88



monthly info new low 21.58
trend=down
low= 21.58; rev= 29.59; mid= 25.59

CAT (Caterpillar)
new low 83.86
trend=down
low= 83.86
rev= 101.76; mid= 92.81



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

AA (Alcoa)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 14.87
rev= 17.45; mid= 16.16


monthly info MONTHLY REVERSAL new low 15.81
trend=no; direction=down (1 bar)
low= 15.81; rev= 17.29; mid= 16.55

Copper
new low 2.617
trend=down
low= 2.617
rev= 2.846; mid= 2.732



monthly info new low 2.826
trend=down
low= 2.826; rev= 3.046; mid= 2.936

QQQ (Powershares QQQ)
WEEKLY REVERSAL new low 100.82
trend=no
direction=down (1 bar)
low= 100.82
rev= 106.01; mid= 103.42


monthly info -no change (above mid)
trend=up
high= 106.01; rev= 95.02; mid= 100.52

BIDU (Baidu)
WEEKLY CONFIRMATION new low 220.20
trend=no
direction=down (2 bars)
low= 220.20; rev= 249.70; mid= 234.95

JPM (JP Morgan Chase)
-change (below mid)
trend=up
high= 62.70; rev= 54.01; mid= 58.36

BAC (Bank of America)
WEEKLY REVERSAL new low 15.38
trend=no
direction=down (1 bar)
low= 15.38; rev= 17.98; mid= 16.68

WFC (Wells Fargo)
WEEKLY CONFIRMATION new low 51.64
trend=no
direction=down (2 bars)
low= 51.64; rev= 55.28; mid= 53.46

MS (Morgan Stanley)
WEEKLY REVERSAL new low 34.89
trend=no
direction=down (1 bar)
low= 34.89; rev= 38.72; mid= 36.81

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

AMZN (Amazon)
new low 290.74
trend=down
low= 290.74; rev= 332.63; mid= 311.69

M (Macy's)
WEEKLY REVERSAL new low 63.14
trend=no
direction=down (1 bar)
low= 63.14; rev= 65.92; mid= 64.53

Powershares USD Bull (UUP)
new high 24.59
trend=up
high= 24.59; rev= 23.89; mid= 24.24

TLT (iShares Barclays 20+ Year Treas Bond)
new high 133.19
trend=up
high= 133.19; rev= 126.30; mid= 129.75

V (Visa)
-change (below mid)
trend=up
high= 266.82; rev= 254.22; mid= 260.42

XRT (SPDR Retail ETF)
-no change (above mid)
trend=up
high= 95.55; rev= 91.31; mid= 93.43

MUB (iShares S&P National AMT-Fre)
new high 111.52
trend=up
high= 111.52; rev= 110.22; mid= 110.87

IQI (Morgan Stanley Quality Muni)
new high 12.94
trend=up
high= 12.94; rev= 12.47; mid= 12.71

JNK (SPDR Barclays Capital HY)
-change (below mid)
trend=down
low= 37.63; rev= 40.09; mid= 38.86

USDJPY
-no change (below mid)
trend=up
high= 121.27; rev= 116.08; mid= 118.81

EEM (MSCI Emerging Markets)
-no change (below mid)
trend=down
low= 38.34
rev= 42.42; mid= 40.38



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

Nikkei
-change (below mid)
trend=up
high= 17920.45
rev= 16413.76; mid= 17167.11



monthly info -no change (above mid)
trend=up
high= 17459.85; rev= 15661.87; mid= 16560.86

Hang Seng
-no 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 3377.43
trend=up
high= 3377.43
rev= 3157.73; mid= 3267.58



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

DAX
new high 10167.77
trend=up
high= 10167.77
rev= 9747.02; mid= 9957.40



monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 9980.85; rev= 9326.87; mid= 9653.86

Athen
-no change (below mid)
trend=no
direction=down (2 bars)
low= 779.56
rev= 1032.98; mid= 906.27


monthly info new low 826.18
trend=down
low= 826.18; rev= 1161.81; mid= 994.0

IBEX
-no change (below mid)
trend=no
direction=down (2 bars)
low= 9719.00
rev= 11148.90; mid= 10433.95


monthly info MONTHLY REVERSAL new low 10279.50
trend=no; direction=down (1 bar)
low= 10279.50; rev= 10923.50; mid= 10601.50