Weekly 3LB Update 7/31/15

Weekly 3LB update (week ending 7/31/15)
a new high or low will change the reversal price and the midpoint

SPX
-change (above 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
-no change (below mid)
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
WEEKLY REVERSAL new high 8391.96
trend=no
direction=up (1 bar)
high= 8391.96
rev= 8072.57; mid= 8232.27


monthly info -no change (below mid)
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 new high 5128.28
trend=up
high= 5128.28; rev= 4791.63; mid= 4959.96

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
-no change (below mid)
trend=down
low= 1086.20
rev= 1166.80; mid= 1126.50



monthly info new low 1095.10
trend=down
low= 1095.10; rev= 1204.80; mid= 1149.95

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 47.12
trend=down
low= 47.12
rev= 53.07; mid= 50.10



monthly info new low 47.12
trend=down
low= 47.12; rev= 54.97; mid= 51.05

Sugar #11
new low 11.14
trend=down
low= 11.14
rev= 12.09; mid= 11.62



monthly info new low 11.14
trend=down
low= 11.14; rev= 14.64; mid= 12.89

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
-no 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
-no change (below mid)
trend=down
low= 14.49
rev= 15.56; mid= 15.03



monthly info new low 14.75
trend=down
low= 14.75; rev= 16.27; mid= 15.51

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)
WEEKLY CONFIRMATION new low 205.07
trend=no
direction=down (2 bars)
low= 205.07
rev= 213.19; mid= 209.13


monthly info -no change (above mid)
trend=up
high= 208.79; rev= 193.83; mid= 201.31

Lumber
WEEKLY REVERSAL new low 252.10
trend=no
direction=down (1 bar)
low= 252.10
rev= 292.10; mid= 272.10


monthly info new low 252.10
trend=down
low= 252.10; rev= 293.10; mid= 272.60

Baltic Dry Index
-no change (above mid)
trend=up
high= 1102.00
rev= 829.00; mid= 965.50



monthly info MONTHLY CONFIRMATION new high 1100.00
trend=no; direction=up (2 bars)
high= 1100.00; rev= 533.00; mid= 816.50

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


monthly info MONTHLY REVERSAL new high 25.21
trend=no; direction=up (1 bar)
low= 25.21; rev= 23.01; mid= 24.11

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 new low 0.00807
trend=down
low= 0.00807; rev= 0.00837; mid= 0.00822

GSCI (Ishares)
WEEKLY CONFIRMATION new low 18.12
trend=no
direction=down (2 bars)
low= 18.12
rev= 21.84; mid= 19.98


monthly info new low 18.12
trend=down
low= 18.12; rev= 21.58; mid= 19.85

CAT (Caterpillar)
-no change (below mid)
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)
-no change (below mid)
trend=down
low= 9.81
rev= 11.10; mid= 10.46



monthly info new low 9.87
trend=down
low= 9.87; rev= 12.92; mid= 11.40

Copper
new low 2.364
trend=down
low= 2.364
rev= 2.537; mid= 2.451



monthly info new low 2.364
trend=down
low= 2.364; rev= 2.843; mid= 2.604

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



monthly info new high 111.95
trend=up
high= 111.95; rev= 106.01; mid= 108.98



BIDU (Baidu)
new low 172.66
trend=down
low= 172.66; rev= 203.36; mid= 188.01

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)
no change (below mid)
trend=no
direction=down (2 bars)
low= 75.90; rev= 81.25; mid= 78.58

AMZN (Amazon)
new high 536.15
trend=up
high= 536.15; rev= 445.10; mid= 490.63

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

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)
WEEKLY REVERSAL new high 122.53
trend=no
direction=up (1 bar)
high= 122.53; rev= 115.23; mid= 118.88

V (Visa)
new high 75.34
trend=up
high= 75.34; rev= 69.62; mid= 72.48

XRT (SPDR Retail ETF)
-no change (below mid)
trend=down
low= 97.14; rev= 98.78; mid= 97.96

MUB (iShares S&P National AMT-Fre)
WEEKLY CONFIRMATION new high 109.19
trend=no
direction=up (2 bars)
high= 109.19; rev= 107.89; mid= 108.54

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)
-no change (below mid)
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
new low 24497.98
trend=down
low= 24497.98
rev= 26663.87; mid= 25580.93



monthly info MONTHLY REVERSAL new low 24497.98
trend=no; direction=down (1 bar)
low= 24497.98; rev= 28133.00; mid= 26315.49

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


monthly info -change (below mid)
trend=up
high= 4619.13; rev= 3412.06; mid= 4012.63

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


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