Weekly 3LB Update 6/17/16

Weekly 3LB update (week ending 6/17/16)
a new high or low will change the reversal price and the midpoint

SPX
-change (below mid)
trend=no
direction=up (1 bar)
high= 2099.06
rev= 2046.61; mid= 2072.84


monthly info -no 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
high= 18003.75
rev= 15988.08; mid= 16995.92



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
-no change (below mid)
trend=no
direction=down (1 bar)
low= 7507.31
rev= 8085.98; mid= 7796.65


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 7944.11; rev= 6906.76; mid= 7425.44

Nasdaq Composite
-change (below mid)
trend=no
direction=up (1 bar)
high= 4942.52
rev= 4717.68; mid= 4830.10


monthly info MONTHLY CONFIRMATION NEW HIGH 4948.05
trend=no; direction=up (1 bar)
high= 4948.05; rev= 4557.95; mid= 4781.00

DXY
-no change (below mid)
trend=down
low= 93.14
rev= 97.61; mid= 95.38



monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 93.08; rev= 100.17; mid= 96.63

Gold
-no change (above mid)
trend=no
direction=down (1 bar)
low= 1216.70
rev= 1296.30; mid= 1256.50


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 1292.80; rev= 1064.70; mid= 1178.75

VIX
-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 (above mid)
trend=up
high= 49.86
rev= 47.13; mid= 48.50



monthly info -no change (above mid)
trend=down
low= 37.32; rev= 49.68; mid= 43.50

Sugar #11
new high 19.90
trend=up
high= 19.90
rev= 17.60; mid= 18.75



monthly info new high 17.49
trend=up
high= 17.49; rev= 15.37; mid= 16.43

30 Year Yield
new low 24.32
trend=down
low= 24.32
rev= 25.53; mid= 24.93



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

10 Year Yield
new low 16.18
trend=down
low= 16.18
rev= 17.20; mid= 16.69



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

Silver
-no change (above mid)
trend=up
high= 17.83
rev= 15.88; mid= 16.86



monthly info -change (below mid)
trend=up
high= 17.83; rev= 14.18; mid= 16.01

EURUSD
-no change (above mid)
trend=no
direction=up (1 bar)
high= 1.1596
rev= 1.0611; mid= 1.1104


monthly info -no change (above mid)
trend=no; direction=up (2 barS)
high= 1.1412; rev= 1.0635; mid= 1.1024

GS (Goldman Sachs)
new low 145.64
trend=down
low= 145.64
rev= 163.94; mid= 154.79



monthly info -no change (below mid)
trend=down
low= 149.53; rev= 188.60; mid= 169.07

Lumber
WEEKLY CONFIRMATION new low 298.00
trend=no
direction=down (2 bars)
low= 298.00
rev= 320.50; mid= 309.25


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 310.70; rev= 213.00; mid= 261.85

Baltic Dry Index
-no change (below mid)
trend=up
high= 710.00
rev= 517.00; mid= 613.50



monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 325.00; rev= 1100.00; mid= 712.50

XLF
WEEKLY REVERSAL new low 22.61
trend=no
direction=down (1 bar)
low= 22.61
rev= 23.81; mid= 23.21


monthly info -no change (above mid)
trend=down
low= 21.09; rev= 24.40; mid= 22.75

AUDJPY
new low 76.56
trend=down
low= 76.56
rev= 78.55; mid= 77.56



monthly info -no change (below mid)
trend=no; direction=up (2 bars)
high= 96.50; rev= 79.49; mid= 88.00

YEN
new high 0.00962
trend=up
high= 0.00962
rev= 0.00901; mid= 0.00932



monthly info -no change (above mid)
trend=up
high= 0.00938; rev= 0.00812; mid= 0.00875

GSCI (Ishares)
-no change (above mid)
trend=up
high= 15.84
rev= 15.39; mid= 15.62



monthly info -change (above mid)
trend=down
low= 13.20; rev= 15.51; mid= 14.36

CAT (Caterpillar)
-no change (above mid)
trend=up
high= 79.17
rev= 63.29; mid= 71.23



monthly info -change (below mid)
trend=down
low= 62.24; rev= 91.00; mid= 76.62

AA (Alcoa)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 11.17
rev= 6.87; mid= 9.02


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 11.17; rev= 7.29; mid= 9.23

Copper
-no change (below mid)
trend=down
low= 2.030
rev= 2.095; mid= 2.063



monthly info -change (below mid)
trend=down
low= 2.063; rev= 2.375; mid= 2.219

QQQ (Powershares QQQ)
-no change (above mid)
trend=down
low= 98.02
rev= 114.79; mid= 106.41



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



BIDU (Baidu)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 159.75; rev= 194.30; mid= 177.03

JPM (JP Morgan Chase)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 65.43; rev= 56.95; mid= 61.19

BAC (Bank of America)
-change (below mid)
trend=no
direction=up (1 bar)
high= 15.11; rev= 11.95; mid= 13.53

WFC (Wells Fargo)
WEEKLY REVERSAL new low 46.60
trend=no
direction=down (1 bar)
low= 46.60; rev= 50.85; mid= 48.73

MS (Morgan Stanley)
-no change (below mid)
trend=up
high= 27.70; rev= 24.35; mid= 26.03

AXP (American Express)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 65.93; rev= 52.66; mid= 59.30

AMZN (Amazon)
-no change (above mid)
trend=up
high= 725.54; rev= 673.95; mid= 699.75

M (Macy's)
-no change (below mid)
trend=down
low= 31.22; rev= 39.68; mid= 35.45

Powershares USD Bull (UUP)
-no change (below mid)
trend=down
low= 24.10; rev= 25.80; mid= 24.95

TLT (iShares Barclays 20+ Year Treas Bond)
new high 135.61
trend=up
high= 135.61; rev= 132.28; mid= 133.95

V (Visa)
WEEKLY REVERSAL new low 76.99
trend=no
direction=down (1 bar)
low= 76.99; rev= 80.18; mid= 78.59

XRT (SPDR Retail ETF)
-no change (below mid)
trend=up
high= 46.12; rev= 39.41; mid= 42.77

MUB (iShares S&P National AMT-Fre)
new high 113.48
trend=up
high= 113.48; rev= 112.35; mid= 112.92

IQI (Morgan Stanley Quality Muni)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 13.64; rev= 13.25; mid= 13.45

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=up
high= 35.30; rev= 34.54; mid= 34.92

USDJPY
new low 104.17
trend=down
low= 104.17; rev= 108.15; mid= 106.16

EEM (MSCI Emerging Markets)
-no change (above mid)
trend=down
low= 32.21
rev= 34.15; mid= 33.18



monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 34.39; rev= 30.32; mid= 32.36

Nikkei
-change (below mid)
trend=no
direction=up (1 bar)
high= 17572.49
rev= 14952.61; mid= 16262.55


monthly info -no change (below mid)
trend=down
low= 16666.05; rev= 19520.01; mid= 18093.03

Hang Seng
-change (below mid)
trend=up
high= 21467.04
rev= 19080.51; mid= 20273.78



monthly info -no change (below mid)
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 -no change (below mid)
trend=down
low= 2737.65; rev= 4442.40; mid= 3590.03

DAX
-change (below mid)
trend=up
high= 10373.49
rev= 9286.23; mid= 9829.86



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

Athen
WEEKLY REVERSAL new low 586.55
trend=no
direction=down (1 bar)
low= 586.55
rev= 648.63; mid= 617.59


monthly info MONTHLY REVERSAL new high 646.97
trend=no; directon=up (1 bar)
high= 646.97; rev= 516.71; mid= 581.84

IBEX
-no change (below mid)
trend=no
direction=up (2 bars)
high= 9232.80
rev= 7920.80; mid= 8576.80


monthly info -no change (above mid)
trend=down
low= 8461.40; rev= 9559.90; mid= 9010.65