Saturday, April 16, 2016

Weekly 3LB Update 4/15/16

Weekly 3LB update (week ending 4/15/16)
a new high or low will change the reversal price and the midpoint

SPX
new high 2080.73
trend=up
high= 2080.73
rev= 2022.19; mid= 2051.46



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


Dow Jones
WEEKLY CONFIRMATION new high 17897.46
trend=no
direction=up (2 bars)
high= 17897.46
rev= 15973.84; mid= 16935.65


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


Dow Jones Transportation Avg
-no change (above mid)
trend=up
high= 8075.69
rev= 6946.36; mid= 7511.03



monthly info MONTHLY REVERSAL new high 7944.11
trend=no; direction=up (1 bar)
high= 7944.11; rev= 6906.76; mid= 7425.44


Nasdaq Composite
new high 4938.22
trend=up
high= 4938.22
rev= 4748.47; mid= 4843.35



monthly info MONTHLY REVERSAL new high 4869.85
trend=no; direction=up (1 bar)
high= 4869.85; rev= 4557.95; mid= 4713.90


DXY
-no change (below mid)
trend=no
direction=down (2 bars)
low= 93.14
rev= 100.33; mid= 96.74


monthly info MONTHLY REVERSAL new low 94.59
trend=no; direction=down (1 bar)
low= 94.59; rev= 100.17; mid= 97.38


Gold
-no change (above mid)
trend=up
high= 1272.40
rev= 1078.20; mid= 1175.30



monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 1236.10; rev= 1062.40; mid= 1149.25


VIX
-no 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
-no change (above mid)
trend=no
direction=up (2 bars)
high= 42.49
rev= 34.64; mid= 38.57


monthly info -no change (below mid)
trend=down
low= 35.29; rev= 47.65; mid= 41.47


Sugar #11
-no change (above mid)
trend=up
high= 16.13
rev= 13.27; mid= 14.70



monthly info new high 15.35
trend=up
high= 15.35; rev= 11.97; mid= 13.66


30 Year Yield
-no change (below mid)
trend=down
low= 25.56
rev= 27.47; mid= 26.52



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=down
low= 17.20
rev= 19.30; mid= 18.25



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


Silver
new high 16.31
trend=up
high= 16.31
rev= 14.09; mid= 15.20



monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 14.91; rev= 13.84; mid= 14.38


EURUSD
-no change (above mid)
trend=no
direction=up (1 bar)
high= 1.1559
rev= 1.0574; mid= 1.1067


monthly info MONTHLY REVERSAL new high 1.1412
trend=no; direction=up (1 bar)
high= 1.1412; rev= 1.0635; mid= 1.1024


GS (Goldman Sachs)
-no change (below mid)
trend=down
low= 146.13
rev= 175.49; mid= 160.81



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


Lumber
-change (below mid)
trend=up
high= 300.70
rev= 274.60; mid= 287.65



monthly info MONTHLY CONFIRMATION new high 310.70
trend=no; direction=up (2 bars)
high= 310.70; rev= 213.00; mid= 261.85


Baltic Dry Index
new high 597.00
trend=up
high= 597.00
rev= 406.00; mid= 501.50



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


XLF
new high 22.90
trend=up
high= 22.90
rev= 22.28; mid= 22.59



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


AUDJPY
-no change (below mid)
trend=no
direction=down (1 bar)
low= 79.41
rev= 89.19; mid= 84.30


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


YEN
-no change (above mid)
trend=up
high= 0.00925
rev= 0.00886; mid= 0.00906



monthly info MONTHLY CONFIRMATION new high 0.00890
trend=no; direction=up (2 bars)
low= 0.00890; rev= 0.00812; mid= 0.00851


GSCI (Ishares)
-no change (above mid)
trend=down
low= 12.55
rev= 14.31; mid= 13.43



monthly info -no change (below mid)
trend=down
low= 13.20; rev= 15.51; mid= 14.36


CAT (Caterpillar)
new high 79.17
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=down (2 bars)
low= 6.87
rev= 10.12; mid= 8.50


monthly info -no change (above mid)
trend=down
low= 7.29; rev= 9.87; mid= 8.58


Copper
-no change (below mid)
trend=no
direction=down (1 bar)
low= 2.087
rev= 2.283; mid= 2.185


monthly info -no change (below mid)
trend=down
low= 2.055; rev= 2.368; mid= 2.216


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)
new high 193.22
trend=up
high= 193.22; rev= 182.98; mid= 188.10

JPM (JP Morgan Chase)
-change (above mid)
trend=down
low= 56.95; rev= 64.25; mid= 60.60

BAC (Bank of America)
-change (above mid)
trend=down
low= 11.95; rev= 14.46; mid= 13.21

WFC (Wells Fargo)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 47.07; rev= 50.54; mid= 48.81

MS (Morgan Stanley)
-change (above mid)
trend=no
direction=up (2 bars)
high= 26.28; rev= 23.09; mid= 24.69

AXP (American Express)
-no change (above mid)
trend=down
low= 52.66; rev= 62.91; mid= 57.79

AMZN (Amazon)
-no change (above mid)
trend=down
low= 502.13; rev= 673.26; mid= 587.70

M (Macy's)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 39.68; rev= 44.87; mid= 42.28

Powershares USD Bull (UUP)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 24.42; rev= 26.49; mid= 25.46

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (above mid)
trend=up
high= 132.01; rev= 127.30; mid= 129.66

V (Visa)
new high 80.08
trend=up
high= 80.08; rev= 74.14; mid= 77.11

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

MUB (iShares S&P National AMT-Fre)
WEEKLY CONFIRMATION new high 112.26
trend=no
direction=up (2 bars)
high= 112.26; rev= 110.70; mid= 111.48

IQI (Morgan Stanley Quality Muni)
-no change (above mid)
trend=up
high= 13.38; rev= 13.02; mid= 13.20

JNK (SPDR Barclays Capital HY)
new high 34.56
trend=up
high= 34.56; rev= 33.81; mid= 34.19

USDJPY
-no change (below mid)
trend=down
low= 108.15; rev= 112.88; mid= 110.52



EEM (MSCI Emerging Markets)
new high 34.57
trend=up
high= 34.57
rev= 33.14; mid= 33.86



monthly info MONTHLY REVERSAL new high 34.25
trend=no; direction=up (1 bar)
high= 34.25; rev= 30.32; mid= 32.29


Nikkei
-change (above mid)
trend=down
low= 14952.61
rev= 17147.11; mid= 16049.86



monthly info MONTHLY CONFIRMATION new low 16758.67
trend=no; direction=down (2 bars)
low= 16758.67; rev= 20563.15; mid= 18660.91


Hang Seng
WEEKLY CONFIRMATION new high 21316.47
trend=no
direction=up (2 bars)
low= 21316.47
rev= 18319.58; mid= 19818.03


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
WEEKLY CONFIRMATION new high 10051.57
trend=no
direction=up (2 bars)
high= 10051.57
rev= 8967.51; mid= 9509.54


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


Athen
new high 574.73
trend=up
high= 574.73
rev= 503.88; mid= 539.31



monthly info -change (above mid)
trend=down
low= 516.71; rev= 633.81; mid= 575.26


IBEX
-change (above mid)
trend=down
low= 7920.80
rev= 8909.20; mid= 8415.00



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