Weekly 3LB Update 5/8/15

Weekly 3LB update (week ending 5/8/15)
a new high or low will change the reversal price and the midpoint

SPX
-no change (above mid)
trend=up
high= 2117.69
rev= 2067.56; mid= 2092.63



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

Dow Jones
WEEKLY CONFIRMATION new high 18191.11
trend=no
direction=up (2 bars)
high= 18191.11
rev= 17164.95; mid= 17678.03


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

Dow Jones Transportation Avg
-no change (below mid)
trend=down
low= 8605.31
rev= 9094.16; mid= 8849.74



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
WEEKLY REVERSAL new low 94.79
trend=no
direction=down (1 bar)
low= 94.79
rev= 100.33; mid= 97.56


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

Gold
-no 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
new high 59.39
trend=up
high= 59.39
rev= 49.48; mid= 54.44



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

Sugar #11
WEEKLY REVERSAL new high 13.42
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 29.00
trend=up
high= 29.00
rev= 26.26; mid= 27.63



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 (below 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=down
low= 1.0484
rev= 1.1262; mid= 1.0873



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

GS (Goldman Sachs)
new high 200.50
trend=up
high= 200.50
rev= 195.64; mid= 198.07



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

Lumber
new low 234.60
trend=down
low= 234.60
rev= 274.00; mid= 254.30



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=down
low= 511.00
rev= 632.00; mid= 571.50



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

XLF
new high 24.76
trend=up
high= 24.76
rev= 24.43; mid= 24.60



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
-no change (below mid)
trend=down
low= 0.00825
rev= 0.00851; mid= 0.00838



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 (1 bar)
high= 21.64
rev= 19.19; mid= 20.42


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

CAT (Caterpillar)
-no change (above mid)
trend=down
low= 79.23
rev= 87.65; mid= 83.44



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 (above 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
-no change (above 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)
-change (below 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)
new low 193.54
trend=down
low= 193.54; rev= 209.63; mid= 201.59

JPM (JP Morgan Chase)
new high 65.49
trend=up
high= 65.49; rev= 62.70; mid= 64.10

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

WFC (Wells Fargo)
new high 56.05
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)
-no change (below mid)
trend=down
low= 77.32; rev= 80.69; mid= 79.10

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

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

Powershares USD Bull (UUP)
-no change (below mid)
trend=up
high= 26.49; rev= 24.59; mid= 25.54

TLT (iShares Barclays 20+ Year Treas Bond)
WEEKLY REVERSAL new low 122.51
trend=no
direction=down (1 bar)
low= 126.54; rev= 131.51; mid= 127.01

V (Visa)
WEEKLY CONFIRMATION new high 69.47
trend=no
direction=up (2 bars)
high= 69.47; rev= 64.52; mid= 67.00

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)
-no change (below mid)
trend=down
low= 108.83; rev= 111.71; mid= 110.27

IQI (Morgan Stanley Quality Muni)
new low 12.25
trend=down
low= 12.25; rev= 12.44; mid= 12.35

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

USDJPY
-no change (above mid)
trend=up
high= 121.18; rev= 117.51; mid= 119.35

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
-no change (below mid)
trend=up
high= 20020.04
rev= 19254.25; mid= 19637.15



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

Hang Seng
-change (below 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
-change (below mid)
trend=up
high= 4442.40
rev= 4034.90; mid= 4238.65



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 (1 bar)
low= 11454.38
rev= 12374.73; mid= 11914.56


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
-no change (below mid)
trend=no
direction=down (1 bar)
low= 11359.40
rev= 11749.30; mid= 11554.35


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