Weekly 3LB Update 5/22/15

Weekly 3LB update (week ending 5/22/15)
a new high or low will change the reversal price and the midpoint

SPX
new high 2126.06
trend=up
high= 2126.06
rev= 2110.30; mid= 2118.18



monthly info -no change (above mid)
trend=up
high= 2104.50; rev= 2003.37; mid= 2053.94

Dow Jones
-no change (above mid)
trend=up
high= 18272.56
rev= 17828.24; mid= 18050.40



monthly info -no change (above mid)
trend=up
high= 18140.44; rev= 17098.45; mid= 17615.58

Dow Jones Transportation Avg
new low 8482.31
trend=down
low= 8482.31
rev= 8764.12; mid= 8623.22



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

Nasdaq Composite
-no change (above mid)
trend=no
direction=up (1 bar)
high= 5092.08
rev= 4886.94; mid= 4989.51


monthly info -no change (above mid)
trend=up
high= 4963.53; rev= 4580.27; mid= 4771.90

DXY
-no change (below mid)
trend=no
direction=down (2 bars)
low= 93.14
rev= 100.33; mid= 96.74


monthly info -no change (above mid)
trend=up
high= 98.36; rev= 90.27; mid= 94.27

Gold
-change (below mid)
trend=no
direction=down (2 bars)
low= 1153.30
rev= 1294.80; mid= 1224.05


monthly info -no change (below mid)
trend=down
low= 1174.70; rev= 1400.50; mid= 1287.60

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 (above mid)
trend=up
high= 60.54
rev= 58.28; mid= 59.41



monthly info -no change (below mid)
trend=down
low= 49.00; rev= 70.85; mid= 59.93

Sugar #11
-change (below mid)
trend=no
direction=up (1 bar)
high= 13.42
rev= 12.01; mid= 12.72


monthly info -no change (below mid)
trend=down
low= 11.81; rev= 15.34; mid= 13.58

30 Year Yield
new high 29.86
trend=up
high= 29.86
rev= 28.39; mid= 29.13



monthly info -no change (below mid)
trend=down
low= 22.51; rev= 46.41; mid= 34.46

10 Year Yield
-no change (above mid)
trend=no
direction=up (2 bars)
high= 22.40
rev= 16.75; mid= 19.58


monthly info -change (above mid)
trend=down
low= 16.75; rev= 23.35; mid= 20.05

Silver
-no change (above mid)
trend=no
direction=down (2 bars)
low= 15.54
rev= 18.39; mid= 16.97


monthly info -no change (below mid)
trend=down
low= 15.64; rev= 19.46; mid= 17.55

EURUSD
-no change (above mid)
trend=no
direction=up (1 bar)
high= 1.1469
rev= 1.0484; mid= 1.0977


monthly info -no change (below mid)
trend=down
low= 1.0754; rev= 1.2118; mid= 1.1436

GS (Goldman Sachs)
new high 207.80
trend=up
high= 207.80
rev= 197.99; mid= 202.90



monthly info new high 196.42
trend=up
high= 196.42; rev= 184.35; mid= 190.39

Lumber
-change (above mid)
trend=down
low= 248.10
rev= 287.50; mid= 267.80



monthly info new low 256.30
trend=down
low= 256.30; rev= 298.70; mid= 277.50

Baltic Dry Index
-no change (above mid)
trend=no
direction=up (1 bar)
high= 637.00
rev= 511.00; mid= 574.00


monthly info -no change (below mid)
trend=down
low= 533.00; rev= 715.00; mid= 624.00

XLF
new high 24.86
trend=up
high= 24.86
rev= 24.44; mid= 24.65



monthly info -no change (above mid)
trend=no; direction=down (1 bar)
low= 23.01; rev= 24.73; mid= 23.87

AUDJPY
-no change (above mid)
trend=down
low= 90.45
rev= 95.88; mid= 93.17



monthly info -no change (above mid)
trend=up
high= 98.81; rev= 82.27; mid= 90.79

YEN
new low 0.00823
trend=down
low= 0.00823
rev= 0.00844; mid= 0.00834



monthly info -no change (below mid)
trend=down
low= 0.00835; rev= 0.00893; mid= 0.00864

GSCI (Ishares)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 21.84
rev= 19.19; mid= 20.52


monthly info -no change (below mid)
trend=down
low= 19.50; rev= 25.02; mid= 22.26

CAT (Caterpillar)
WEEKLY CONFIRMATION new high 88.63
trend=no
direction=up (2 bars)
high= 88.63
rev= 79.23; mid= 83.93


monthly info -no 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=down
low= 12.70
rev= 14.48; mid= 13.59



monthly info -no change (below mid)
trend=down
low= 12.92; rev= 15.79; mid= 14.36

Copper
-change (below mid)
trend=up
high= 2.930
rev= 2.767; mid= 2.849



monthly info -change (above mid)
trend=down
low= 2.481; rev= 3.014; mid= 2.748

QQQ (Powershares QQQ)
-no change (above mid)
trend=up
high= 110.54
rev= 106.91; mid= 108.73



monthly info -no change (above mid)
trend=up
high= 108.40; rev= 99.78; mid= 104.09



BIDU (Baidu)
WEEKLY REVERSAL new high 203.80
trend=no
direction=up (1 bar)
high= 203.80; rev= 192.98; mid= 198.39

JPM (JP Morgan Chase)
new high 66.47
trend=up
high= 66.47; rev= 63.61; mid= 65.04

BAC (Bank of America)
-change (above mid)
trend=no
direction=down (2 bars)
low= 15.15; rev= 17.98; mid= 16.57

WFC (Wells Fargo)
-change (above mid)
trend=up
high= 56.05; rev= 55.33; mid= 55.69

MS (Morgan Stanley)
-no change (above mid)
trend=no
direction=down (2 bars)
low= 33.81; rev= 38.72; mid= 36.27

AXP (American Express)
WEEKLY REVERSAL new high 81.25
trend=no
direction=up (1 bar)
high= 81.25; rev= 77.32; mid= 79.29

AMZN (Amazon)
-no change (above mid)
trend=up
high= 445.10; rev= 374.28; mid= 409.69

M (Macy's)
-no change (above mid)
trend=up
high= 69.16; rev= 63.14; mid= 66.15

Powershares USD Bull (UUP)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 24.51; rev= 26.49; mid= 25.50

TLT (iShares Barclays 20+ Year Treas Bond)
new low 120.40
trend=down
low= 120.40; rev= 126.54; mid= 123.47

V (Visa)
new high 69.62
trend=up
high= 69.62; rev= 67.48; mid= 68.55

XRT (SPDR Retail ETF)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 98.20; rev= 101.44; mid= 99.82

MUB (iShares S&P National AMT-Fre)
new low 108.42
trend=down
low= 108.42; rev= 109.95; mid= 109.19

IQI (Morgan Stanley Quality Muni)
new low 11.96
trend=down
low= 11.96; rev= 12.38; mid= 12.17

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=down
low= 37.63; rev= 40.09; mid= 38.86

USDJPY
new high 121.46
trend=up
high= 121.46; rev= 118.45; mid= 119.96

EEM (MSCI Emerging Markets)
-no change (above mid)
trend=up
high= 43.85
rev= 38.34; mid= 41.10



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

Nikkei
new high 20264.41
trend=up
high= 20264.41
rev= 19560.22; mid= 19912.32



monthly info new high 19520.01
trend=up
high= 19520.01; rev= 17674.39; mid= 18597.20

Hang Seng
-no change (above mid)
trend=up
high= 28133.00
rev= 27272.39; mid= 27702.70



monthly info new high 28133.00
trend=up
high= 28133.00; rev= 24756.85; mid= 26444.93

Shanghai Composite
new high 4657.60
trend=up
high= 4657.60
rev= 4288.35; mid= 4472.98



monthly info new high 4442.40
trend=up
high= 4442.40; rev= 2959.36; mid= 3700.88

DAX
-no change (below mid)
trend=no
direction=down (2 bars)
low= 11447.03
rev= 12374.73; mid= 11910.88


monthly info -no change (above mid)
trend=up
high= 11966.17; rev= 9980.85; mid= 10973.51

Athen
-no change (below mid)
trend=down
low= 721.93
rev= 995.07; mid= 858.50



monthly info -no change (below mid)
trend=down
low= 721.93; rev= 1061.58; mid= 891.76

IBEX
-change (above mid)
trend=no
direction=down (2 bars)
low= 11317.30
rev= 11749.30; mid= 11533.30


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 11521.10; rev= 10279.50; mid= 10900.30