Weekly 3LB Update 2/5/16

Weekly 3LB update (week ending 2/5/16)
a new high or low will change the reversal price and the midpoint

SPX
new low 1880.05
trend=down
low= 1880.05
rev= 1970.89; mid= 1925.47



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

Dow Jones
-no change (below mid)
trend=no
direction=down (2 bars)
low= 15988.08
rev= 17910.33; mid= 16949.21


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

Dow Jones Transportation Avg
-no change (below mid)
trend=down
low= 6689.06
rev= 7524.64; mid= 7106.85



monthly info new low 6906.76
trend=down
low= 6906.76; rev= 7845.15; mid= 7375.96

Nasdaq Composite
new low 4363.14
trend=down
low= 4363.14
rev= 4683.92; mid= 4523.53



monthly info new low 4613.95
trend=down
low= 4613.95; rev= 5070.03; mid= 4841.99

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= 100.17; rev= 94.80; mid= 97.49

Gold
WEEKLY REVERSAL new high 1157.70
trend=no
direction=up (1 bar)
high= 1157.70
rev= 1056.70; mid= 1107.20


monthly info -no change (below mid)
trend=down
low= 1060.70; rev= 1172.70; mid= 1116.70

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
-no change (below mid)
trend=down
low= 30.39
rev= 37.76; mid= 34.08



monthly info new low 33.62
trend=down
low= 33.62; rev= 48.76; mid= 41.17

Sugar #11
-no change (below mid)
trend=down
low= 13.14
rev= 15.30; mid= 14.22



monthly info -change (below mid)
trend=no; direction=up (2 bars)
high= 15.24; rev= 11.55; mid= 13.40

30 Year Yield
new low 26.82
trend=down
low= 26.82
rev= 31.11; mid= 28.97



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

10 Year Yield
new low 18.48
trend=down
low= 18.48
rev= 20.54; mid= 19.51



monthly info -change (below mid)
trend=down
low= 16.75; rev= 23.35; mid= 20.05

Silver
WEEKLY REVERSAL new high 14.77
trend=no
direction=up (1 bar)
high= 14.77
rev= 13.80; mid= 14.29


monthly info -change (above mid)
trend=down
low= 13.80; rev= 14.61; mid= 14.21

EURUSD
-change (above mid)
trend=no
direction=up (1 bar)
high= 1.1528
rev= 1.0543; mid= 1.1036


monthly info -no change (below mid)
trend=down
low= 1.0604; rev= 1.1366; mid= 1.0985

GS (Goldman Sachs)
-no change (below mid)
trend=down
low= 155.61
rev= 176.56; mid= 166.09



monthly info new low 161.56
trend=down
low= 161.56; rev= 206.19; mid= 183.88

Lumber
-change (above mid)
trend=no
direction=down (1 bar)
low= 234.40
rev= 255.50; mid= 244.95


monthly info -no change (above mid)
trend=down
low= 201.00; rev= 252.00; mid= 226.50

Baltic Dry Index
new low 298.00
trend=down
low= 298.00
rev= 383.00; mid= 340.50



monthly info MONTHLY CONFIRMATION new low 325.00
trend=no; direction=down (2 bars)
low= 325.00; rev= 1100.00; mid= 712.50

XLF
new low 20.95
trend=down
low= 20.95
rev= 22.10; mid= 21.53



monthly info MONTHLY CONFIRMATION new low 21.72
trend=no; direction=down (2 bars)
low= 21.72; rev= 25.21; mid= 23.47

AUDJPY
-change (below mid)
trend=no
direction=down (1 bar)
low= 79.98
rev= 89.76; mid= 84.87


monthly info -no change (below mid)
trend=up
high= 97.07; rev= 80.53; mid= 88.80

YEN
new high 0.00856
trend=up
high= 0.00856
rev= 0.00844; mid= 0.00850



monthly info -no change (above mid)
trend=down
low= 0.00810; rev= 0.00840; mid= 0.00825

GSCI (Ishares)
-change (below mid)
trend=down
low= 12.55
rev= 14.31; mid= 13.43



monthly info new low 13.48
trend=down
low= 13.48; rev= 17.07; mid= 15.28

CAT (Caterpillar)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 59.87
rev= 73.84; mid= 66.86


monthly info new low 62.24
trend=down
low= 62.24; rev= 91.00; mid= 76.62

AA (Alcoa)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 6.87
rev= 10.12; mid= 8.50


monthly info new low 7.29
trend=down
low= 7.29; rev= 9.87; mid= 8.58

Copper
WEEKLY CONFIRMATION new high 2.103
trend=no
direction=up (2 bars)
high= 2.103
rev= 1.944; mid= 2.024


monthly info -no change (below mid)
trend=down
low= 2.049; rev= 2.361; mid= 2.205

QQQ (Powershares QQQ)
WEEKLY CONFIRMATION new low 98.12
trend=no
direction=down (2 bars)
low= 98.12
rev= 115.14; mid= 106.63


monthly info -change (below mid)
trend=no; direction=up (2 bars)
high= 114.02; rev= 101.76; mid= 107.89



BIDU (Baidu)
new low 145.34
trend=down
low= 145.34; rev= 171.34; mid= 158.34

JPM (JP Morgan Chase)
-no change (below mid)
trend=down
low= 56.95; rev= 64.25; mid= 60.60

BAC (Bank of America)
new low 12.95
trend=down
low= 12.95; rev= 15.38; mid= 14.17

WFC (Wells Fargo)
new low 47.86
trend=down
low= 47.86; rev= 54.75; mid= 51.31

MS (Morgan Stanley)
new low 24.35
trend=down
low= 24.35; rev= 28.38; mid= 26.37

AXP (American Express)
-no change (below mid)
trend=down
low= 53.50; rev= 63.63; mid= 58.57

AMZN (Amazon)
new low 502.13
trend=down
low= 502.13; rev= 673.26; mid= 587.70

M (Macy's)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 41.35; rev= 34.87; mid= 38.11

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)
new high 128.72
trend=up
high= 128.72; rev= 124.34; mid= 126.53

V (Visa)
new low 71.54
trend=down
low= 71.54; rev= 76.11; mid= 73.83

XRT (SPDR Retail ETF)
new low 39.11
trend=down
low= 39.11; rev= 44.94; mid= 42.03

MUB (iShares S&P National AMT-Fre)
new high 111.65
trend=up
high= 111.65; rev= 111.30; mid= 111.48

IQI (Morgan Stanley Quality Muni)
new high 13.02
trend=up
high= 13.02; rev= 12.69; mid= 12.86

JNK (SPDR Barclays Capital HY)
new low 32.30
trend=down
low= 32.30; rev= 33.59; mid= 32.95

USDJPY
new low 116.77
trend=down
low= 116.77; rev= 118.48; mid= 117.63

EEM (MSCI Emerging Markets)
-change (below mid)
trend=down
low= 28.45
rev= 32.14; mid= 30.30



monthly info new low 30.57
trend=down
low= 30.57; rev= 33.84; mid= 32.21

Nikkei
new low 16819.59
trend=down
low= 16819.59
rev= 17697.96; mid= 17258.78



monthly info -change (below 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= 19080.51
rev= 20840.61; mid= 19960.56



monthly info new low 19683.11
trend=down
low= 19683.11; rev= 24497.98; mid= 22090.55

Shanghai Composite
-no change (below mid)
trend=down
low= 2737.65
rev= 3589.76; mid= 3163.71



monthly info new low 2737.65
trend=down
low= 2737.65; rev= 4442.40; mid= 3590.03

DAX
new low 9286.23
trend=down
low= 9286.23
rev= 10340.06; mid= 9813.15



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

Athen
new low 503.88
trend=down
low= 503.88
rev= 578.30; mid= 541.09



monthly info new low 552.83
trend=down
low= 552.83; rev= 721.93; mid= 637.38

IBEX
new low 8499.50
trend=down
low= 8499.50
rev= 10309.60; mid= 9404.55



monthly info new low 8815.80
trend=down
low= 8815.80; rev= 10259.00; mid= 9537.40