Weekly 3LB Update 7/1/16

Weekly 3LB update (week ending 7/1/16)
a new high or low will change the reversal price and the midpoint

SPX
WEEKLY REVERSAL new high 2102.94
trend=no
direction=up (1 bar)
high= 2102.94
rev= 2037.41; mid= 2070.18


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 (2 bars)
low= 7320.55
rev= 8085.98; mid= 7703.27


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

Nasdaq Composite
-change (above mid)
trend=no
direction=down (1 bar)
low= 4707.98
rev= 4942.52; mid= 4825.25


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 4948.05; rev= 4557.95; mid= 4781.00

DXY
-no change (above 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
WEEKLY REVERSAL new high 1339.00
trend=no
direction=up (2 bars)
high= 1339.00
rev= 1216.70; mid= 1277.85


monthly info new high 1320.60
trend=up
high= 1320.60; rev= 1069.80; mid= 1195.20

VIX
-change (below 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
-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 20.78
trend=up
high= 20.78
rev= 18.83; mid= 19.81



monthly info new high 20.33
trend=up
high= 20.33; rev= 15.59; mid= 17.96

30 Year Yield
new low 22.41
trend=down
low= 22.41
rev= 24.47; mid= 23.44



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

10 Year Yield
new low 14.56
trend=down
low= 14.56
rev= 16.39; mid= 15.48



monthly info new low 14.88
trend=down
low= 14.88; rev= 21.94; mid= 18.41

Silver
new high 19.59
trend=up
high= 19.59
rev= 16.40; mid= 18.00



monthly info new high 18.62
trend=up
high= 18.62; rev= 15.00; mid= 16.81

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= 1.1502; rev= 1.0672; mid= 1.1087

GS (Goldman Sachs)
-no change (below mid)
trend=down
low= 141.86
rev= 155.61; mid= 148.74



monthly info new low 148.58
trend=down
low= 148.58; rev= 173.76; mid= 161.17

Lumber
-change (above mid)
trend=down
low= 295.50
rev= 315.20; mid= 305.35



monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 325.20; rev= 227.50; mid= 276.35

Baltic Dry Index
-change (above 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
-no change (below mid)
trend=no
direction=down (2 bars)
low= 22.08
rev= 23.81; mid= 22.95


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

AUDJPY
-no change (below mid)
trend=down
low= 76.24
rev= 77.83; mid= 77.04



monthly info new low 76.48
trend=down
low= 76.48; rev= 93.20; mid= 84.84

YEN
-no change (above mid)
trend=up
high= 0.00981
rev= 0.00928; mid= 0.00955



monthly info new high 0.00971
trend=up
high= 0.00971; rev= 0.00892; mid= 0.00932

GSCI (Ishares)
-change (above mid)
trend=no
direction=down (1 bar)
low= 15.30
rev= 15.84; mid= 15.57


monthly info MONTHLY REVERSAL new high 15.52
trend=no; direction=up (1 bar)
high= 15.52; rev= 13.20; mid= 14.36

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



monthly info -no 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
WEEKLY CONFIRMATION new high 2.217
trend=no
direction=up (2 bars)
high= 2.217
rev= 2.036; mid= 2.127


monthly info -no change (below mid)
trend=down
low= 2.068; rev= 2.381; mid= 2.225

QQQ (Powershares QQQ)
-change (above mid)
trend=down
low= 98.02
rev= 114.79; mid= 106.41



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



BIDU (Baidu)
-no change (below mid)
trend=down
low= 159.12; rev= 193.22; mid= 176.17

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

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

WFC (Wells Fargo)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 45.71; rev= 50.85; mid= 48.28

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)
new high 725.68
trend=up
high= 725.68; rev= 709.92; mid= 717.80

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 140.57
trend=up
high= 140.57; rev= 134.78; mid= 137.68

V (Visa)
new low 74.48
trend=down
low= 74.48; rev= 80.08; mid= 77.28

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 113.83
trend=up
high= 113.83; rev= 112.97; mid= 113.40

IQI (Morgan Stanley Quality Muni)
new high 13.67
trend=up
high= 13.67; rev= 13.86; mid= 13.75

JNK (SPDR Barclays Capital HY)
new high 35.53
trend=up
high= 35.53; rev= 34.56; mid= 35.05

USDJPY
-no change (below mid)
trend=down
low= 103.07; rev= 106.09; mid= 104.58

EEM (MSCI Emerging Markets)
WEEKLY REVERSAL new high 34.69
trend=no
direction=up (1 bar)
high= 34.69
rev= 32.21; mid= 33.45


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

Nikkei
-no change (below mid)
trend=no
direction=down (1 bar)
low= 14952.02
rev= 17572.49; mid= 16262.26


monthly info new low 15575.92
trend=down
low= 15575.92; rev= 17388.15; mid= 16482.04

Hang Seng
-change (above 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
-no 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
-no change (below mid)
trend=no
direction=down (2 bars)
low= 534.78
rev= 648.63; mid= 591.71


monthly info -change (below mid)
trend=no; directon=up (1 bar)
high= 646.97; rev= 516.71; mid= 581.84

IBEX
-no change (below mid)
trend=no
direction=down (1 bar)
low= 7787.70
rev= 9232.80; mid= 8510.25


monthly info new low 8163.30
trend=down
low= 8163.30; rev= 9544.20; mid= 8853.75