Weekly 3LB Update 8/21/15

Weekly 3LB update (week ending 8/21/15)
a new high or low will change the reversal price and the midpoint

SPX
WEEKLY REVERSAL new low 1970.89
trend=no
direction=down (1 bar)
low= 1970.89
rev= 2126.64; mid= 2048.77


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

Dow Jones
new low 16459.75
trend=down
low= 16459.75
rev= 17730.11; mid= 17094.93



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

Dow Jones Transportation Avg
WEEKLY REVERSAL new low 7872.06
trend=no
direction=down (1 bar)
low= 7872.06
rev= 8391.96; mid= 8132.01


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 8092.28; rev= 8755.51; mid= 8423.90

Nasdaq Composite
WEEKLY REVERSAL new low 4706.04
trend=no
direction=down (1 bar)
low= 4706.04
rev= 5210.14; mid= 4958.09


monthly info new high 5128.28
trend=up
high= 5128.28; rev= 4791.63; mid= 4959.96

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 (above 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
new high 28.03
trend=up
high= 28.03
rev= 10.73; mid= 19.38



monthly info -no change (below mid)
trend=down
low= 11.40; rev= 32.07; mid= 21.74

WTI Crude Oil
new low 40.45
trend=down
low= 40.45
rev= 47.66; mid= 44.06



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

Sugar #11
new low 10.44
trend=down
low= 10.44
rev= 11.24; mid= 10.84



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

30 Year Yield
WEEKLY CONFIRMATION new low 27.47
trend=no
direction=down (2 bars)
low= 27.47
rev= 32.50; mid= 29.99


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

10 Year Yield
WEEKLY REVERSAL new low 20.54
trend=no
direction=down (1 bar)
low= 20.54
rev= 24.76; mid= 22.65


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

Silver
-no change (above 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 (above 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)
new low 187.74
trend=down
low= 187.74
rev= 205.07; mid= 196.41



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

Lumber
WEKLY CONFIRMATION new low 245.40
trend=no
direction=down (2 bars)
low= 245.40
rev= 292.10; mid= 268.75


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

Baltic Dry Index
-change (below mid)
trend=up
high= 1201.00
rev= 853.00; mid= 1027.00



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

XLF
WEKLY REVERSAL new low 23.64
trend=no
direction=down (1 bar)
low= 23.64
rev= 25.39; mid= 24.52


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

AUDJPY
new low 89.35
trend=down
low= 89.35
rev= 94.86; mid= 92.11



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

YEN
-change (above 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)
new low 16.65
trend=down
low= 16.65
rev= 18.12; mid= 17.39



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

CAT (Caterpillar)
WEEKLY CONFIRMATION new low 75.00
trend=no
direction=down (2 bars)
low= 75.00
rev= 88.63; mid= 81.82


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 8.73
trend=down
low= 8.73
rev= 10.49; mid= 9.61



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

Copper
new low 2.303
trend=down
low= 2.303
rev= 2.382; mid= 2.343



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

QQQ (Powershares QQQ)
WEEKLY REVERSAL new low 102.40
trend=no
direction=down (1 bar)
low= 102.40
rev= 113.59; mid= 108.00


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



BIDU (Baidu)
new low 152.91
trend=down
low= 152.91; rev= 187.75; mid= 170.33

JPM (JP Morgan Chase)
WEEKLY REVERSAL new low 63.60
trend=no
direction=down (1 bar)
low= 63.60; rev= 69.21; mid= 66.41

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

WFC (Wells Fargo)
WEEKLY REVERSAL new low 53.97
trend=no
direction=down (1 bar)
low= 53.97; rev= 57.94; mid= 55.96

MS (Morgan Stanley)
WEEKLY REVERSAL new low 34.21
trend=no
direction=down (1 bar)
low= 34.21; rev= 40.20; mid= 37.21

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

AMZN (Amazon)
-no change (above mid)
trend=up
high= 536.15; rev= 445.10; mid= 490.63

M (Macy's)
WEEKLY CONFIRMATION new low 59.19
trend=no
direction=down (2 bars)
low= 59.19; rev= 72.31; mid= 65.75

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 high 126.40
trend=up
high= 126.40; rev= 117.60; mid= 122.00

V (Visa)
-change (below mid)
trend=up
high= 75.34; rev= 69.62; mid= 72.48

XRT (SPDR Retail ETF)
new low 91.08
trend=down
low= 91.08; rev= 97.79; mid= 94.44

MUB (iShares S&P National AMT-Fre)
new high 109.24
trend=up
high= 109.24; rev= 108.42; mid= 108.83

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

JNK (SPDR Barclays Capital HY)
new low 36.72
trend=down
low= 36.72; rev= 37.63; mid= 37.18

USDJPY
-change (below mid)
trend=up
high= 125.47; rev= 121.05; mid= 123.26

EEM (MSCI Emerging Markets)
new low 32.75
trend=down
low= 32.75
rev= 37.06; mid= 34.91



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

Nikkei
WEEKLY REVERSAL new low 19435.83
trend=no
direction=down (1 bar)
low= 19435.83
rev= 20724.56; mid= 20080.20


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

Hang Seng
new low 22409.62
trend=down
low= 22409.62
rev= 24901.28; mid= 23655.45



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
new low 3509.98
trend=down
low= 3509.98
rev= 5023.10; mid= 4266.54



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

DAX
WEEKLY CONFIRMATION new low 10124.52
trend=no
direction=down (2 bars)
low= 10124.52
rev= 11673.42; mid= 10898.97


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

Athen
new low 635.31
trend=down
low= 635.31
rev= 721.93; mid= 678.62



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

IBEX
WEEKLY REVERSAL new low 10271.70
trend=no
direction=down (1 bar)
low= 10271.70
rev= 11480.70; mid= 10876.20


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