Weekly 3LB Update 12/18/15

Weekly 3LB update (week ending 12/18/15)
a new high or low will change the reversal price and the midpoint

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


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

Dow Jones
-change (below mid)
trend=up
high= 17910.33
rev= 16459.75; mid= 17185.04



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

Dow Jones Transportation Avg
new low 7364.04
trend=down
low= 7364.04
rev= 7872.06; mid= 7618.05



monthly info -no change (above mid)
trend=down
low= 7785.63; rev= 8299.75; mid= 8042.69

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


monthly info -no 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 new high 100.17
trend=up
high= 100.17; rev= 94.80; mid= 97.49

Gold
-no change (below mid)
trend=down
low= 1056.20
rev= 1132.30; mid= 1094.25



monthly info new low 1065.30
trend=down
low= 1065.30; rev= 1173.80; mid= 1119.55

VIX
-no change (above mid)
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 36.06
trend=down
low= 36.06
rev= 42.94; mid= 39.50



monthly info new low 41.65
trend=down
low= 41.65; rev= 51.67; mid= 46.66

Sugar #11
-change (above mid)
trend=up
high= 15.48
rev= 14.52; mid= 15.00



monthly info MONTHLY REVERSAL new high 14.93
trend=no; direction=up (1 bar)
high= 14.93; rev= 11.55; mid= 13.24

30 Year Yield
-no change (below 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 (below 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
-change (above mid)
trend=down
low= 13.89
rev= 14.23; mid= 14.06



monthly info new low 14.09
trend=down
low= 14.09; rev= 14.81; mid= 14.45

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


monthly info new low 1.0576
trend=down
low= 1.0576; rev= 1.1338; mid= 1.0957

GS (Goldman Sachs)
WEEKLY CONFIRMATION new low 175.49
trend=no
direction=down (2 bars)
low= 175.49
rev= 199.17; mid= 187.33


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

Lumber
new high 267.40
trend=up
high= 267.40
rev= 250.20; mid= 258.80



monthly info -no change (above mid)
trend=down
low= 212.90; rev= 263.90; mid= 238.40

Baltic Dry Index
new low 471.00
trend=down
low= 471.00
rev= 640.00; mid= 555.50



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

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



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

AUDJPY
-no change (above mid)
trend=no
direction=up (1 bar)
high= 89.76
rev= 81.26; mid= 85.51


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

YEN
-no change (above mid)
trend=no
direction=up (1 bar)
high= 0.00844
rev= 0.00800; mid= 0.00822


monthly info -change (below mid)
trend=down
low= 0.00808; rev= 0.00838; mid= 0.00823

GSCI (Ishares)
new low 13.98
trend=down
low= 13.98
rev= 15.58; mid= 14.78



monthly info new low 15.51
trend=down
low= 15.51; rev= 18.12; mid= 16.82

CAT (Caterpillar)
-no 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)
-change (above mid)
trend=down
low= 7.99
rev= 9.81; mid= 8.90



monthly info -no change (below mid)
trend=down
low= 8.93; rev= 11.15; mid= 10.04

Copper
-no change (below mid)
trend=down
low= 2.057
rev= 2.245; mid= 2.151



monthly info new low 2.049
trend=down
low= 2.049; rev= 2.361; mid= 2.205

QQQ (Powershares QQQ)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 115.14
rev= 102.16; mid= 108.65


monthly info MONTHLY REVERSAL new high 114.02
trend=no; direction=up (2 bars)
high= 114.02; rev= 101.76; mid= 107.89



BIDU (Baidu)
-no change (below mid)
trend=up
high= 208.30; rev= 187.47; mid= 197.89

JPM (JP Morgan Chase)
-no change (below 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)
-change (above mid)
trend=no
direction=up (2 bars)
high= 55.85; rev= 51.04; mid= 53.45

MS (Morgan Stanley)
WEEKLY REVERSAL new low 31.29
trend=no
direction=down (1 bar)
low= 31.29; rev= 35.41; mid= 33.35

AXP (American Express)
new low 67.87
trend=down
low= 67.87; rev= 71.20; mid= 69.54

AMZN (Amazon)
-change (above mid)
trend=up
high= 673.26; rev= 625.90; mid= 649.58

M (Macy's)
new low 34.87
trend=down
low= 34.87; rev= 39.10; mid= 36.99

Powershares USD Bull (UUP)
-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 (above mid)
trend=up
high= 126.40; rev= 117.60; mid= 122.00

V (Visa)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 76.11; rev= 80.40; mid= 78.26

XRT (SPDR Retail ETF)
-no change (below mid)
trend=no
direction=up (1 bar)
high= 45.56; rev= 42.37; mid= 43.97

MUB (iShares S&P National AMT-Fre)
new high 110.55
trend=up
high= 110.55; rev= 109.66; mid= 110.11

IQI (Morgan Stanley Quality Muni)
new high 12.56
trend=up
high= 12.56; rev= 12.28; mid= 12.42

JNK (SPDR Barclays Capital HY)
new low 33.59
trend=down
low= 33.59; rev= 35.27; mid= 34.43

USDJPY
-no change (below mid)
trend=no
direction=down (1 bar)
low= 118.48; rev= 125.01; mid= 121.75

EEM (MSCI Emerging Markets)
-no change (below mid)
trend=down
low= 31.55
rev= 35.53; mid= 33.54



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

Nikkei
-no change (above mid)
trend=up
high= 19883.94
rev= 17792.16; mid= 18838.05



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

Hang Seng
-no 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
-change (above mid)
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
-no change (below mid)
trend=no
direction=down (2 bars)
low= 10340.06
rev= 11293.76; mid= 10816.91


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

Athen
-no change (below mid)
trend=no
direction=down (2 bars)
low= 578.30
rev= 712.49; mid= 645.40


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

IBEX
-no change (below 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