Weekly 3LB Update 7/24/15

Weekly 3LB update (week ending 7/24/15)
a new high or low will change the reversal price and the midpoint

SPX
-change (below mid)
trend=no
direction=up (1 bar)
high= 2126.64
rev= 2076.62; mid= 2101.63


monthly info -no change (above mid)
trend=up
high= 2107.39; rev= 2018.05; mid= 2062.72

Dow Jones
WEEKLY CONFIRMATION new low 17568.53
trend=no
direction=down (2 bars)
low= 17568.53
rev= 18272.56; mid= 17920.55


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

Dow Jones Transportation Avg
new low 8072.57
trend=down
low= 8072.57
rev= 8299.75; mid= 8186.16



monthly info MONTHLY CONFIRMATION new low 8092.28
trend=no; direction=down (2 bars)
low= 8092.28; rev= 8755.51; mid= 8423.90

Nasdaq Composite
-no change (above mid)
trend=up
high= 5210.14
rev= 4891.22; mid= 5050.68



monthly info -no change (above mid)
trend=up
high= 5070.03; rev= 4630.74; mid= 4850.39

DXY
-no change (above 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
new low 1085.50
trend=down
low= 1085.50
rev= 1166.10; mid= 1125.80



monthly info new low 1171.80
trend=down
low= 1171.80; rev= 1225.50; mid= 1198.65

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 48.14
trend=down
low= 48.14
rev= 57.26; mid= 52.70



monthly info -no change (above mid)
trend=down
low= 48.97; rev= 67.52; mid= 58.25

Sugar #11
new low 11.24
trend=down
low= 11.24
rev= 12.35; mid= 11.80



monthly info -no change (below mid)
trend=down
low= 12.18; rev= 15.71; mid= 13.95

30 Year Yield
-no change (below mid)
trend=up
high= 32.50
rev= 29.23; mid= 30.87



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

10 Year Yield
-change (below mid)
trend=up
high= 24.76
rev= 21.33; mid= 23.05



monthly info -no change (above mid)
trend=down
low= 16.75; rev= 23.35; mid= 20.05

Silver
new low 14.49
trend=down
low= 14.49
rev= 15.56; mid= 15.03



monthly info new low 15.57
trend=down
low= 15.57; rev= 17.24; mid= 16.41

EURUSD
-no change (below mid)
trend=no
direction=up (1 bar)
high= 1.1483
rev= 1.0498; mid= 1.0991


monthly info -no change (below mid)
trend=down
low= 1.0768; rev= 1.2132; mid= 1.1450

GS (Goldman Sachs)
-change (below mid)
trend=no
direction=down (1 bar)
low= 207.19
rev= 213.19; mid= 210.19


monthly info new high 208.79
trend=up
high= 208.79; rev= 193.83; mid= 201.31

Lumber
-change (below mid)
trend=up
high= 292.10
rev= 255.00; mid= 273.55



monthly info -change (above mid)
trend=down
low= 263.30; rev= 305.70; mid= 284.50

Baltic Dry Index
new high 1102.00
trend=up
high= 1102.00
rev= 829.00; mid= 965.50



monthly info MONTHLY REVERSAL new high 813.00
trend=no; direction=up (1 bar)
high= 813.00; rev= 533.00; mid= 673.00

XLF
-no change (above mid)
trend=no
direction=up (1 bar)
high= 25.39
rev= 24.64; mid= 25.02


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

AUDJPY
-no change (below mid)
trend=down
low= 89.79
rev= 95.22; mid= 92.51



monthly info -no change (above mid)
trend=up
high= 98.15; rev= 81.61; mid= 89.88

YEN
-no change (below mid)
trend=down
low= 0.00797
rev= 0.00826; mid= 0.00812



monthly info -no change (below mid)
trend=down
low= 0.00807; rev= 0.00845; mid= 0.00826

GSCI (Ishares)
WEEKLY REVERSAL new low 18.60
trend=no
direction=down (1 bar)
low= 18.60
rev= 21.84; mid= 20.22


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

CAT (Caterpillar)
WEEKLY REVERSAL new low 76.10
trend=no
direction=down (1 bar)
low= 76.10
rev= 88.63; mid= 82.37


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

AA (Alcoa)
new low 9.81
trend=down
low= 9.81
rev= 11.10; mid= 10.46



monthly info new low 11.15
trend=down
low= 11.15; rev= 14.79; mid= 12.97

Copper
new low 2.382
trend=down
low= 2.382
rev= 2.560; mid= 2.471



monthly info -no change (below mid)
trend=down
low= 2.492; rev= 3.005; mid= 2.749

QQQ (Powershares QQQ)
-no change (above mid)
trend=up
high= 113.59
rev= 108.41; mid= 111.00



monthly info -no change (above mid)
trend=up
high= 110.05; rev= 101.40; mid= 105.73



BIDU (Baidu)
-no change (above mid)
trend=down
low= 187.75; rev= 207.60; mid= 197.68

JPM (JP Morgan Chase)
-no change (above mid)
trend=up
high= 69.21; rev= 67.42; mid= 68.32

BAC (Bank of America)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 18.10; rev= 15.15; mid= 16.63

WFC (Wells Fargo)
-no change (above mid)
trend=up
high= 57.94; rev= 56.61; mid= 57.28

MS (Morgan Stanley)
-no change (above mid)
trend=up
high= 40.20; rev= 34.89; mid= 37.55

AXP (American Express)
WEEKLY CONFIRMATION new low 75.90
trend=no
direction=down (2 bars)
low= 75.90; rev= 81.25; mid= 78.58

AMZN (Amazon)
new high 529.42
trend=up
high= 529.42; rev= 383.66; mid= 456.54

M (Macy's)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 72.31; rev= 66.48; mid= 69.40

Powershares USD Bull (UUP)
-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)
-no change (above mid)
trend=down
low= 115.23; rev= 121.59; mid= 118.41

V (Visa)
new high 74.80
trend=up
high= 74.80; rev= 69.57; mid= 72.19

XRT (SPDR Retail ETF)
new low 97.14
trend=down
low= 97.14; rev= 98.78; mid= 97.96

MUB (iShares S&P National AMT-Fre)
WEEKLY REVERSAL new high 109.09
trend=no
direction=up (1 bar)
high= 109.09; rev= 107.89; mid= 108.49

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=down
low= 11.75; rev= 12.16; mid= 11.96

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

USDJPY
-no change (above mid)
trend=up
high= 125.47; rev= 121.05; mid= 123.26

EEM (MSCI Emerging Markets)
WEEKLY REVERSAL new low 37.06
trend=no
direction=down (1 bar)
low= 37.06
rev= 43.85; mid= 40.46


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=no
direction=down (1 bar)
low= 19779.83
rev= 20706.15; mid= 20242.99


monthly info -no change (above mid)
trend=up
high= 20563.15; rev= 18797.94; mid= 19680.55

Hang Seng
-no change (below mid)
trend=down
low= 24901.28
rev= 26760.53; mid= 25830.91



monthly info -change (below mid)
trend=up
high= 28133.00; rev= 24756.85; mid= 26444.93

Shanghai Composite
-no change (below mid)
trend=no
direction=down (2 bars)
low= 3684.36
rev= 5166.35; mid= 4425.36


monthly info -no change (above mid)
trend=up
high= 4619.13; rev= 3412.06; mid= 4012.63

DAX
-change (below mid)
trend=no
direction=up (2 bars)
high= 11673.42
rev= 11040.10; mid= 11356.76


monthly info -change (below mid)
trend=up
high= 11966.17; rev= 9980.85; mid= 10973.51

Athen
-no change (above mid)
trend=down
low= 687.33
rev= 824.49; mid= 755.91



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

IBEX
-no change (above mid)
trend=no
direction=up (1 bar)
high= 11480.70
rev= 10779.80; mid= 11130.25


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