Weekly 3LB Update 11/20/15

Weekly 3LB update (week ending 11/20/15)
a new high or low will change the reversal price and the midpoint

SPX
-change (above mid)
trend=no
direction=down (2 bars)
low= 1921.22
rev= 2126.64; mid= 2023.93


monthly info -change (above mid)
trend=no; direction=down (2 bars)
low= 1920.03; rev= 2107.39; mid= 2013.71

Dow Jones
-no change (above mid)
trend=up
low= 17910.33
rev= 16459.75; mid= 17185.04


monthly info -change (above mid)
trend=no; direction=down (2 bars)
low= 16284.70; rev= 18132.70; mid= 17208.70

Dow Jones Transportation Avg
-change (above mid)
trend=no
direction=down (2 bars)
low= 7793.83
rev= 8391.96; mid= 8092.90


monthly info -change (above mid)
trend=down
low= 7785.63; rev= 8299.75; mid= 8042.69

Nasdaq Composite
-change (above mid)
trend=no
direction=down (2 bars)
low= 4683.92
rev= 5210.14; mid= 4947.03


monthly info -change (above mid)
trend=no; direction=down (2 bars)
low= 4620.16; rev= 5128.28; mid= 4874.22

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
WEEKLY CONFIRMATION new low 1076.30
trend=no
direction=down (2 bars)
low= 1076.30
rev= 1183.10; mid= 1129.70


monthly info -no change (below mid)
trend=down
low= 1095.10; rev= 1204.80; mid= 1149.95

VIX
-change (below mid)
trend=up
high= 28.03
rev= 10.73; mid= 19.38



monthly info -change (below mid)
trend=down
low= 11.40; rev= 32.07; mid= 21.74

WTI Crude Oil
-no change (below mid)
trend=no
direction=down (1 bar)
low= 40.74
rev= 50.12; mid= 45.43


monthly info -no change (below mid)
trend=down
low= 45.58; rev= 51.27; mid= 48.43

Sugar #11
new high 15.30
trend=up
high= 15.30
rev= 14.34; mid= 14.82



monthly info -change (above mid)
trend=down
low= 11.55; rev= 14.88; mid= 13.22

30 Year Yield
-no change (above mid)
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
-no change (above mid)
trend=no
direction=down (2 bars)
low= 19.89
rev= 24.76; mid= 22.33


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

Silver
WEEKLY CONFIRMATION new low 14.10
trend=no
direction=down (2 bars)
low= 14.10
rev= 16.11; mid= 15.11


monthly info -change (above mid)
trend=down
low= 14.51; rev= 15.61; mid= 15.06

EURUSD
-no change (below mid)
trend=no
direction=up (1 bar)
high= 1.1500
rev= 1.0515; mid= 1.1008


monthly info -no change (below mid)
trend=down
low= 1.0785; rev= 1.2149; mid= 1.1467

GS (Goldman Sachs)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 199.17
rev= 177.01; mid= 188.09


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 173.76; rev= 208.79; mid= 191.28

Lumber
-no change (above mid)
trend=up
high= 253.10
rev= 211.90; mid= 232.50


monthly info -change (above mid)
trend=down
low= 220.80; rev= 271.80; mid= 246.30

Baltic Dry Index
new low 504.00
trend=down
low= 504.00
rev= 728.00; mid= 616.00


monthly info -change (below mid)
trend=no; direction=up (2 bars)
high= 1100.00; rev= 533.00; mid= 816.50

XLF
-no change (above mid)
trend=down
low= 22.65
rev= 24.86; mid= 23.76


monthly info -change (above mid)
trend=no; direction=down (1 bar)
low= 22.66; rev= 25.21; mid= 23.94

AUDJPY
-no change (above mid)
trend=down
low= 81.89
rev= 89.34; mid= 85.62


monthly info -no change (below mid)
trend=up
high= 97.70; rev= 81.16; mid= 89.43

YEN
-no change (below mid)
trend=no
direction=up (1 bar)
high= 0.00842
rev= 0.00798; mid= 0.00820


monthly info -no change (above mid)
trend=down
low= 0.00808; rev= 0.00838; mid= 0.00823

GSCI (Ishares)
new low 15.58
trend=down
low= 15.58
rev= 16.65; mid= 16.12



monthly info new low 17.07
trend=down
low= 17.07; rev= 19.50; mid= 18.29

CAT (Caterpillar)
-change (above mid)
trend=no
direction=up (1 bar)
high= 73.84
rev= 64.98; mid= 69.41


monthly info -no change (below mid)
trend=down
low= 65.36; rev= 111.35; mid= 88.36

AA (Alcoa)
-no change (below mid)
trend=down
low= 7.99
rev= 9.81; mid= 8.90



monthly info new low 8.93
trend=down
low= 8.93; rev= 11.15; mid= 10.04

Copper
new low 2.055
trend=down
low= 2.055
rev= 2.283; mid= 2.169



monthly info new low 2.318
trend=down
low= 2.318; rev= 2.487; mid= 2.403

QQQ (Powershares QQQ)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 114.79
rev= 102.16; mid= 108.48


monthly info MONTHLY REVERSAL new high 113.33
trend=no; direction=up (1 bar)
high= 113.33; rev= 101.76; mid= 107.55



BIDU (Baidu)
new high 206.69
trend=up
high= 206.69; rev= 157.60; mid= 182.15

JPM (JP Morgan Chase)
-no change (above mid)
trend=up
high= 68.46; rev= 60.94; mid= 64.70

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=no
direction=up (2 bars)
high= 55.85; rev= 51.04; mid= 53.45

MS (Morgan Stanley)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 35.41; rev= 31.43; mid= 33.42

AXP (American Express)
-no change (below mid)
trend=down
low= 71.20; rev= 75.90; mid= 73.55

AMZN (Amazon)
new high 668.45
trend=up
high= 668.45; rev= 599.03; mid= 633.74

M (Macy's)
new low 38.60
trend=down
low= 38.60; rev= 50.47; mid= 44.54

Powershares USD Bull (UUP)
-no change (above 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 (below mid)
trend=up
high= 126.40; rev= 117.60; mid= 122.00

V (Visa)
new high 80.19
trend=up
high= 80.19; rev= 77.07; mid= 78.63

XRT (SPDR Retail ETF)
-change (above mid)
trend=down
low= 42.37; rev= 45.54; mid= 43.96

MUB (iShares S&P National AMT-Fre)
-change (above mid)
trend=no
direction=down (1 bar)
low= 108.91; rev= 109.71; mid= 109.31

IQI (Morgan Stanley Quality Muni)
-no change (above mid)
trend=up
high= 12.28; rev= 11.83; mid= 12.06

JNK (SPDR Barclays Capital HY)
new low 35.27
trend=down
low= 35.27; rev= 36.72; mid= 36.00

USDJPY
-no change (above mid)
trend=no
direction=down (1 bar)
low= 118.76; rev= 125.29; mid= 122.03

EEM (MSCI Emerging Markets)
-change (above mid)
trend=down
low= 32.14
rev= 36.30; mid= 34.22



monthly info -no change (below mid)
trend=down
low= 32.78; rev= 42.75; mid= 37.77

Nikkei
WEEKLY REVERSAL new high 19879.81
trend=no
direction=up (2 bars)
high= 19879.81
rev= 17725.13; mid= 18802.47


monthly info -change (above mid)
trend=no; direction=down (1 bar)
low= 17388.15; rev= 20563.15; mid= 18975.65

Hang Seng
-change (above mid)
trend=down
low= 20840.61
rev= 23991.03; mid= 22415.82



monthly info -no change (below mid)
trend=down
low= 21506.09; rev= 24900.89; mid= 23203.49

Shanghai Composite
new high 3630.82
trend=up
high= 3630.82
rev= 3391.99; mid= 3511.41



monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 3053.32; rev= 4619.13; mid= 3833.26

DAX
new high 11119.83
trend=up
high= 11119.83
rev= 10794.54; mid= 10957.19


monthly info -change (above mid)
trend=no; direction=down (1 bar)
low= 9660.44; rev= 11966.17; mid= 10813.31

Athen
-no change (below mid)
trend=no
direction=up (2 bars)
high= 712.49
rev= 633.81; mid= 673.15


monthly info -no change (below mid)
trend=down
low= 633.81; rev= 915.83; mid= 774.82

IBEX
-no change (above mid)
trend=no
direction=up (2 bars)
high= 10476.30
rev= 9519.50; mid= 9997.90


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 9559.90; rev= 11521.10; mid= 10540.50

Weekly 3LB Update 11/13/15

Weekly 3LB update (week ending 11/13/15)
a new high or low will change the reversal price and the midpoint

SPX
-change (below mid)
trend=no
direction=down (2 bars)
low= 1921.22
rev= 2126.64; mid= 2023.93


monthly info -change (above mid)
trend=no; direction=down (2 bars)
low= 1920.03; rev= 2107.39; mid= 2013.71

Dow Jones
-no change (above mid)
trend=up
low= 17910.33
rev= 16459.75; mid= 17185.04



monthly info -change (above mid)
trend=no; direction=down (2 bars)
low= 16284.70; rev= 18132.70; mid= 17208.70

Dow Jones Transportation Avg
-change (below mid)
trend=no
direction=down (2 bars)
low= 7793.83
rev= 8391.96; mid= 8092.90


monthly info -change (above mid)
trend=down
low= 7785.63; rev= 8299.75; mid= 8042.69

Nasdaq Composite
-change (below mid)
trend=no
direction=down (2 bars)
low= 4683.92
rev= 5210.14; mid= 4947.03


monthly info -change (above mid)
trend=no; direction=down (2 bars)
low= 4620.16; rev= 5128.28; mid= 4874.22

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
WEEKLY REVERSAL new low 1080.90
trend=no
direction=down (1 bar)
low= 1080.90
rev= 1183.10; mid= 1132.00


monthly info -no change (below mid)
trend=down
low= 1095.10; rev= 1204.80; mid= 1149.95

VIX
-change (above mid)
trend=up
high= 28.03
rev= 10.73; mid= 19.38



monthly info -change (below mid)
trend=down
low= 11.40; rev= 32.07; mid= 21.74

WTI Crude Oil
WEEKLY REVERSAL new low 40.74
trend=no
direction=down (1 bar)
low= 40.74
rev= 50.12; mid= 45.43


monthly info -no change (below mid)
trend=down
low= 45.58; rev= 51.27; mid= 48.43

Sugar #11
new high 15.04
trend=up
high= 15.04
rev= 13.53; mid= 14.29



monthly info -change (above mid)
trend=down
low= 11.55; rev= 14.88; mid= 13.22

30 Year Yield
-no change (above mid)
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
-no change (above mid)
trend=no
direction=down (2 bars)
low= 19.89
rev= 24.76; mid= 22.33


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

Silver
WEEKLY REVERSAL new low 14.20
trend=no
direction=down (1 bar)
low= 14.20
rev= 16.11; mid= 15.16


monthly info -change (above mid)
trend=down
low= 14.51; rev= 15.61; mid= 15.06

EURUSD
-no change (below mid)
trend=no
direction=up (1 bar)
high= 1.1500
rev= 1.0515; mid= 1.1008


monthly info -no change (below mid)
trend=down
low= 1.0785; rev= 1.2149; mid= 1.1467

GS (Goldman Sachs)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 199.17
rev= 177.01; mid= 188.09


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 173.76; rev= 208.79; mid= 191.28

Lumber
-no change (above mid)
trend=up
high= 253.10
rev= 211.90; mid= 232.50



monthly info -change (above mid)
trend=down
low= 220.80; rev= 271.80; mid= 246.30

Baltic Dry Index
new low 579.00
trend=down
low= 579.00
rev= 766.00; mid= 672.50



monthly info -change (below mid)
trend=no; direction=up (2 bars)
high= 1100.00; rev= 533.00; mid= 816.50

XLF
-no change (above mid)
trend=down
low= 22.65
rev= 24.86; mid= 23.76



monthly info -change (above mid)
trend=no; direction=down (1 bar)
low= 22.66; rev= 25.21; mid= 23.94

AUDJPY
-no change (above mid)
trend=down
low= 81.89
rev= 89.34; mid= 85.62



monthly info -no change (below mid)
trend=up
high= 97.70; rev= 81.16; mid= 89.43

YEN
-no change (below mid)
trend=no
direction=up (1 bar)
high= 0.00842
rev= 0.00798; mid= 0.00820


monthly info -no change (above mid)
trend=down
low= 0.00808; rev= 0.00838; mid= 0.00823

GSCI (Ishares)
new low 15.71
trend=down
low= 15.71
rev= 17.41; mid= 16.56



monthly info new low 17.07
trend=down
low= 17.07; rev= 19.50; mid= 18.29

CAT (Caterpillar)
-change (below mid)
trend=no
direction=up (1 bar)
high= 73.84
rev= 64.98; mid= 69.41


monthly info -no change (below mid)
trend=down
low= 65.36; rev= 111.35; mid= 88.36

AA (Alcoa)
new low 7.99
trend=down
low= 7.99
rev= 9.81; mid= 8.90



monthly info new low 8.93
trend=down
low= 8.93; rev= 11.15; mid= 10.04

Copper
new low 2.168
trend=down
low= 2.168
rev= 2.327; mid= 2.248



monthly info new low 2.318
trend=down
low= 2.318; rev= 2.487; mid= 2.403

QQQ (Powershares QQQ)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 114.79
rev= 102.16; mid= 108.48


monthly info MONTHLY REVERSAL new high 113.33
trend=no; direction=up (1 bar)
high= 113.33; rev= 101.76; mid= 107.55



BIDU (Baidu)
-no change (above mid)
trend=up
high= 200.30; rev= 151.00; mid= 175.65

JPM (JP Morgan Chase)
-no change (above mid)
trend=up
high= 68.46; rev= 60.94; mid= 64.70

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=no
direction=up (2 bars)
high= 55.85; rev= 51.04; mid= 53.45

MS (Morgan Stanley)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 35.41; rev= 31.43; mid= 33.42

AXP (American Express)
new low 71.20
trend=down
low= 71.20; rev= 75.90; mid= 73.55

AMZN (Amazon)
-no change (above mid)
trend=up
high= 659.37; rev= 570.76; mid= 615.07

M (Macy's)
new low 39.10
trend=down
low= 39.10; rev= 51.00; mid= 45.05

Powershares USD Bull (UUP)
-no change (above 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 (below mid)
trend=up
high= 126.40; rev= 117.60; mid= 122.00

V (Visa)
-no change (above mid)
trend=up
high= 78.75; rev= 76.00; mid= 77.38

XRT (SPDR Retail ETF)
new low 42.37
trend=down
low= 42.37; rev= 45.54; mid= 43.96

MUB (iShares S&P National AMT-Fre)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 108.91; rev= 109.71; mid= 109.31

IQI (Morgan Stanley Quality Muni)
-change (below mid)
trend=up
high= 12.28; rev= 11.83; mid= 12.06

JNK (SPDR Barclays Capital HY)
-no change (below mid)
trend=down
low= 35.33; rev= 37.18; mid= 36.26

USDJPY
-no change (above mid)
trend=no
direction=down (1 bar)
low= 118.76; rev= 125.29; mid= 122.03

EEM (MSCI Emerging Markets)
-change (below mid)
trend=down
low= 32.14
rev= 36.30; mid= 34.22



monthly info -no change (below mid)
trend=down
low= 32.78; rev= 42.75; mid= 37.77

Nikkei
WEEKLY REVERSAL new high 19596.91
trend=no
direction=up (1 bar)
high= 19596.91
rev= 17725.13; mid= 18661.02


monthly info -change (above mid)
trend=no; direction=down (1 bar)
low= 17388.15; rev= 20563.15; mid= 18975.65

Hang Seng
-change (below mid)
trend=down
low= 20840.61
rev= 23991.03; mid= 22415.82



monthly info -no change (below mid)
trend=down
low= 21506.09; rev= 24900.89; mid= 23203.49

Shanghai Composite
-no change (above mid)
trend=up
high= 3589.76
rev= 3099.11; mid= 3344.44



monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 3053.32; rev= 4619.13; mid= 3833.26

DAX
-no change (above mid)
trend=up
high= 10988.03
rev= 10104.43; mid= 10546.23



monthly info -change (above mid)
trend=no; direction=down (1 bar)
low= 9660.44; rev= 11966.17; mid= 10813.31

Athen
-change (below mid)
trend=no
direction=up (2 bars)
high= 712.49
rev= 633.81; mid= 673.15


monthly info -no change (below mid)
trend=down
low= 633.81; rev= 915.83; mid= 774.82

IBEX
-no change (above mid)
trend=no
direction=up (2 bars)
high= 10476.30
rev= 9519.50; mid= 9997.90


monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 9559.90; rev= 11521.10; mid= 10540.50