Weekly 3LB Update 1/15/16

Weekly 3LB update (week ending 1/15/16)
a new high or low will change the reversal price and the midpoint

SPX
new low 1880.33
trend=down
low= 1880.33
rev= 2076.78; mid= 1978.56



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

Dow Jones
WEEKLY CONFIRMATION new low 15988.08
trend=no
direction=down (2 bars)
low= 15988.08
rev= 17910.33; mid= 16949.21


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 6689.06
trend=down
low= 6689.06
rev= 7524.64; mid= 7106.85



monthly info new low 7508.71
trend=down
low= 7508.71; rev= 8092.28; mid= 7800.50

Nasdaq Composite
new low 4488.42
trend=down
low= 4488.42
rev= 4706.04; mid= 4597.23



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 -no change (above mid)
trend=up
high= 100.17; rev= 94.80; mid= 97.49

Gold
-change (below mid)
trend=down
low= 1056.20
rev= 1132.30; mid= 1094.25



monthly info new low 1060.20
trend=down
low= 1060.20; rev= 1172.20; mid= 1116.20

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 30.39
trend=down
low= 30.39
rev= 37.76; mid= 34.08



monthly info new low 37.04
trend=down
low= 37.04; rev= 50.72; mid= 43.88

Sugar #11
-no change (below mid)
trend=no
direction=down (1 bar)
low= 14.46
rev= 15.48; mid= 14.97


monthly info MONTHLY CONFIRMATION new high 15.24
trend=no; direction=up (2 bars)
high= 15.24; rev= 11.55; mid= 13.40

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
-no change (below mid)
trend=no
direction=down (1 bar)
high= 13.80
rev= 14.38; mid= 14.09


monthly info new low 13.80
trend=down
low= 13.80; rev= 14.61; mid= 14.21

EURUSD
-no change (below 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)
new low 155.61
trend=down
low= 155.61
rev= 176.56; mid= 166.09



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

Lumber
-no change (below mid)
trend=up
high= 255.50
rev= 238.30; mid= 246.90



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

Baltic Dry Index
new low 383.00
trend=down
low= 383.00
rev= 504.00; mid= 443.50



monthly info MONTHLY REVERSAL new low 478.00
trend=no; direction=down (1 bar)
low= 478.00; rev= 1100.00; mid= 789.00

XLF
new low 21.42
trend=down
low= 21.42
rev= 23.63; mid= 22.53



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

AUDJPY
WEEKLY REVERSAL new low 79.98
trend=no
direction=down (1 bar)
low= 79.98
rev= 89.76; mid= 84.87


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

YEN
new high 0.00855
trend=up
high= 0.00855
rev= 0.00810; mid= 0.00833



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

GSCI (Ishares)
new low 12.55
trend=down
low= 12.55
rev= 14.31; mid= 13.43



monthly info new low 14.23
trend=down
low= 14.23; rev= 17.08; mid= 15.66

CAT (Caterpillar)
WEEKLY CONFIRMATION new low 59.87
trend=no
direction=down (2 bars)
low= 59.87
rev= 73.84; mid= 66.86


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

AA (Alcoa)
WEEKLY REVERSAL new low 6.90
trend=no
direction=down (1 bar)
low= 6.90
rev= 10.12; mid= 8.51


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

Copper
new low 1.944
trend=down
low= 1.944
rev= 2.058; mid= 2.001



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

QQQ (Powershares QQQ)
WEEKLY REVERSAL new low 100.84
trend=no
direction=down (1 bar)
low= 100.84
rev= 115.14; mid= 107.99


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



BIDU (Baidu)
WEEKLY CONFIRMATION new low 163.92
trend=no
direction=down (2 bars)
low= 163.92; rev= 208.30; mid= 186.11

JPM (JP Morgan Chase)
WEEKLY CONFIRMATION new low 57.04
trend=no
direction=down (2 bars)
low= 57.04; rev= 68.46; mid= 62.75

BAC (Bank of America)
WEEKLY REVERSAL new low 14.46
trend=no
direction=down (1 bar)
low= 14.46; rev= 18.10; mid= 16.28

WFC (Wells Fargo)
WEEKLY CONFIRMATION new low 48.82
trend=no
direction=down (2 bars)
low= 48.82; rev= 55.85; mid= 52.34

MS (Morgan Stanley)
new low 25.97
trend=down
low= 25.97; rev= 33.95; mid= 29.96

AXP (American Express)
new low 62.91
trend=down
low= 62.91; rev= 68.86; mid= 65.86

AMZN (Amazon)
WEEKLY CONFIRMATION new low 570.18
trend=no
direction=down (2 bars)
low= 570.18; rev= 675.89; mid= 623.04

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

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 (above mid)
trend=up
high= 126.40; rev= 117.60; mid= 122.00

V (Visa)
new low 71.83
trend=down
low= 71.83; rev= 80.19; mid= 76.01

XRT (SPDR Retail ETF)
WEEKLY CONFIRMATION new low 39.41
trend=no
direction=down (2 bars)
low= 39.41; rev= 45.56; mid= 42.49

MUB (iShares S&P National AMT-Fre)
new high 111.35
trend=up
high= 111.35; rev= 110.55; mid= 110.95

IQI (Morgan Stanley Quality Muni)
-change (below mid)
trend=up
high= 12.89; rev= 12.56; mid= 12.73

JNK (SPDR Barclays Capital HY)
new low 32.73
trend=down
low= 32.73; rev= 33.69; mid= 33.21

USDJPY
new low 116.89
trend=down
low= 116.89; rev= 123.45; mid= 120.17

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



monthly info new low 32.19
trend=down
low= 32.19; rev= 35.10; mid= 33.65

Nikkei
WEEKLY CONFIRMATION new low 17147.11
trend=no
direction=down (2 bars)
low= 17147.11
rev= 19883.94; mid= 18515.53


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

Hang Seng
new low 19520.77
trend=down
low= 19520.77
rev= 21612.39; mid= 20566.58



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

Shanghai Composite
WEEKLY CONFIRMATION new low 2902.22
trend=no
direction=down (2 bars)
low= 2902.22
rev= 3630.82; mid= 3266.52


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

DAX
new low 9545.27
trend=down
low= 9545.27
rev= 10752.10; mid= 10148.69



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

Athen
new low 558.45
trend=down
low= 558.45
rev= 697.57; mid= 628.01



monthly info new low 631.35
trend=down
low= 631.35; rev= 826.18; mid= 728.77

IBEX
WEEKLY CONFIRMATION new low 8543.60
trend=no
direction=down (2 bars)
low= 8543.60
rev= 10476.30; mid= 9509.95


monthly info new low 9544.20
trend=down
low= 9544.20; rev= 11178.30; mid= 10361.25

Weekly 3LB Update 1/8/16

Weekly 3LB update (week ending 1/8/16)
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 -no change (above mid)
trend=no; direction=down (2 bars)
low= 1920.03; rev= 2107.39; mid= 2013.71


Dow Jones
WEEKLY REVERSAL new low 16346.45
trend=no
direction=down (1 bar)
low= 16346.45
rev= 17910.33; mid= 17128.39

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 6946.36
trend=down
low= 6946.36
rev= 7793.83; mid= 7370.10

monthly info new low 7508.71
trend=down
low= 7508.71; rev= 8092.28; mid= 7800.50


Nasdaq Composite
new low 4643.63
trend=down
low= 4643.63
rev= 5117.00; mid= 4880.32

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 -no change (above mid)
trend=up
high= 100.17; rev= 94.80; mid= 97.49


Gold
-change (above mid)
trend=down
low= 1056.20
rev= 1132.30; mid= 1094.25

monthly info new low 1060.20
trend=down
low= 1060.20; rev= 1172.20; mid= 1116.20


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
new low 33.16
trend=down
low= 33.16
rev= 41.20; mid= 37.18

monthly info new low 37.04
trend=down
low= 37.04; rev= 50.72; mid= 43.88


Sugar #11
WEEKLY REVERSAL new low 14.46
trend=no
direction=down (1 bar)
low= 14.46
rev= 15.48; mid= 14.97

monthly info MONTHLY CONFIRMATION new high 15.24
trend=no; direction=up (2 bars)
high= 15.24; rev= 11.55; mid= 13.40


30 Year Yield
-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
-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
-no change (below mid)
trend=no
direction=down (1 bar)
high= 13.80
rev= 14.38; mid= 14.09

monthly info new low 13.80
trend=down
low= 13.80; rev= 14.61; mid= 14.21


EURUSD
-no change (below 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)
new low 163.94
trend=down
low= 163.94
rev= 179.83; mid= 171.89

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


Lumber
-no change (below mid)
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 445.00
trend=down
low= 445.00
rev= 579.00; mid= 512.00

monthly info MONTHLY REVERSAL new low 478.00
trend=no; direction=down (1 bar)
low= 478.00; rev= 1100.00; mid= 789.00


XLF
new low 22.10
trend=down
low= 22.10
rev= 23.64; mid= 22.87

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


AUDJPY
-change (below 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
WEEKLY CONFIRMATION new high 0.00851
trend=no
direction=up (2 bars)
high= 0.00851
rev= 0.00800; mid= 0.00826

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


GSCI (Ishares)
new low 13.42
trend=down
low= 13.42
rev= 15.35; mid= 14.39

monthly info new low 14.23
trend=down
low= 14.23; rev= 17.08; mid= 15.66


CAT (Caterpillar)
WEEKLY REVERSAL new low 63.29
trend=no
direction=down (1 bar)
low= 63.29
rev= 73.84; mid= 68.57

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


AA (Alcoa)
-change (below mid)
trend=no
direction=up (1 bar)
high= 10.12
rev= 7.99; mid= 9.06

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


Copper
new low 2.022
trend=down
low= 2.022
rev= 2.171; mid= 2.097

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


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

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



BIDU (Baidu)
WEEKLY REVERSAL new low 171.34
trend=no
direction=down (1 bar)
low= 171.34; rev= 208.30; mid= 189.82

JPM (JP Morgan Chase)
WEEKLY REVERSAL new low 58.92
trend=no
direction=down (1 bar)
low= 58.92; rev= 68.46; mid= 63.69

BAC (Bank of America)
-change (below mid)
trend=no
direction=up (1 bar)
high= 18.10; rev= 15.15; mid= 16.63

WFC (Wells Fargo)
WEEKLY REVERSAL new low 49.56
trend=no
direction=down (1 bar)
low= 49.56; rev= 55.85; mid= 52.71

MS (Morgan Stanley)
WEEKLY CONFIRMATION new low 28.38
trend=no
direction=down (2 bars)
low= 28.38; rev= 35.41; mid= 31.90

AXP (American Express)
new low 63.63
trend=down
low= 63.63; rev= 71.10; mid= 67.37

AMZN (Amazon)
WEEKLY REVERSAL new low 607.05
trend=no
direction=down (1 bar)
low= 607.05; rev= 675.89; mid= 641.47

M (Macy's)
-no change (below mid)
trend=down
low= 34.87; rev= 39.10; mid= 36.99

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)
-change (above mid)
trend=up
high= 126.40; rev= 117.60; mid= 122.00

V (Visa)
WEEKLY CONFIRMATION new low 72.88
trend=no
direction=down (2 bars)
low= 72.88; rev= 80.40; mid= 76.64

XRT (SPDR Retail ETF)
WEEKLY REVERSAL new low 40.98
trend=no
direction=down (1 bar)
low= 40.98; rev= 45.56; mid= 43.27

MUB (iShares S&P National AMT-Fre)
new high 111.30
trend=up
high= 111.30; rev= 110.38; mid= 110.84

IQI (Morgan Stanley Quality Muni)
new high 12.89
trend=up
high= 12.89; rev= 12.56; mid= 12.73

JNK (SPDR Barclays Capital HY)
new low 33.48
trend=down
low= 33.48; rev= 35.08; mid= 34.28

USDJPY
WEEKLY CONFIRMATION new low 117.50
trend=no
direction=down (2 bars)
low= 117.50; rev= 125.01; mid= 121.26



EEM (MSCI Emerging Markets)
new low 29.51
trend=down
low= 29.51
rev= 32.75; mid= 31.13

monthly info new low 32.19
trend=down
low= 32.19; rev= 35.10; mid= 33.65


Nikkei
WEEKLY REVERSAL new low 17697.96
trend=no
direction=down (1 bar)
low= 17697.96
rev= 19883.94; mid= 18790.95

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


Hang Seng
new low 20453.71
trend=down
low= 20453.71
rev= 22409.62; mid= 21431.67

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


Shanghai Composite
WEEKLY REVERSAL new low 3186.77
trend=no
direction=down (1 bar)
low= 3186.77
rev= 3630.82; mid= 3408.80

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


DAX
new low 9849.34
trend=down
low= 9849.34
rev= 11119.83; mid= 10484.59

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= 578.30
rev= 712.49; mid= 645.40

monthly info new low 631.35
trend=down
low= 631.35; rev= 826.18; mid= 728.77


IBEX
WEEKLY REVERSAL new low 8909.20
trend=no
direction=down (1 bar)
low= 8909.20
rev= 10476.30; mid= 9692.75

monthly info new low 9544.20
trend=down
low= 9544.20; rev= 11178.30; mid= 10361.25