Weekly 3LB Update 10/7/16

Weekly 3LB update (week ending 10/7/16)
a new high or low will change the reversal price and the midpoint

SPX
-change (below mid)
trend=no
direction=down (1 bar)
low= 2127.81
rev= 2184.05; mid= 2155.93


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 2173.60; rev= 1920.03; mid= 2046.82

Dow Jones
-no change (below mid)
trend=no
direction=down (1 bar)
low= 18085.45
rev= 18576.47; mid= 18330.96


monthly info -no change (above mid)
trend=up
high= 18432.24; rev= 16284.70; mid= 17358.47

Dow Jones Transportation Avg
-no change (above mid)
trend=no
direction=down (2 bars)
low= 7320.55
rev= 8085.98; mid= 7703.27


monthly info MONTHLY CONFIRMATION new high 8078.79
trend=no; direction=up (2 bars)
high= 8078.79; rev= 6906.76; mid= 7492.78

Nasdaq Composite
-no change (above mid)
trend=no
direction=up (2 bars)
high= 5312.00
rev= 5125.91; mid= 5218.96


monthly info new high 5213.00
trend=up
high= 5312.00; rev= 5162.13; mid= 5237.07

DXY
-no change (above mid)
trend=down
low= 93.08
rev= 97.61; mid= 95.35



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 low 1251.90
trend=no
direction=down (1 bar)
low= 1251.90
rev= 1366.20; mid= 1309.05


monthly info -no change (above mid)
trend=up
high= 1357.50; rev= 1246.20; mid= 1301.85

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=down
low= 42.94
rev= 50.98; mid= 46.96



monthly info -change (above mid)
trend=down
low= 39.28; rev= 52.25; mid= 46.07

Sugar #11
new high 23.42
trend=up
high= 23.42
rev= 22.47; mid= 22.95



monthly info new high 23.00
trend=up
high= 23.00; rev= 17.09; mid= 20.05

30 Year Yield
WEEKLY CONFIRMATION new high 24.68
trend=no
direction=up (2 bars)
high= 24.68
rev= 21.10; mid= 22.89


monthly info -no change (below mid)
trend=down
low= 21.82; rev= 26.72; mid= 24.27

10 Year Yield
new high 17.36
trend=up
high= 17.36
rev= 16.35; mid= 16.86



monthly info -no change (below mid)
trend=down
low= 14.58; rev= 21.70; mid= 18.14

Silver
new low 17.38
trend=down
low= 17.38
rev= 20.26; mid= 18.82



monthly info -no change (above mid)
trend=up
high= 20.45; rev= 15.65; mid= 18.05

EURUSD
-no change (above mid)
trend=no
direction=down (1 bar)
low= 1.0118
rev= 1.1637; mid= 1.0878


monthly info -no change (above mid)
trend=no; direction=up (2 barS)
high= 1.1543; rev= 1.0713; mid= 1.1128

GS (Goldman Sachs)
WEEKLY REVERSAL new high 169.83
trend=no
direction=up (1 bar)
high= 169.83
rev= 161.27; mid= 165.55


monthly info -no change (above mid)
trend=down
low= 148.58; rev= 173.76; mid= 161.17

Lumber
WEEKLY REVERSAL new high 343.10
trend=no
direction=up (1 bar)
high= 343.10
rev= 303.90; mid= 323.50


monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 345.30; rev= 247.60; mid= 296.45

Baltic Dry Index
-no change (above mid)
trend=up
high= 937.00
rev= 710.00; mid= 823.50



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

XLF
-no change (above mid)
trend=up
high= 19.96
rev= 18.37; mid= 19.17



monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 17.11; rev= 20.57; mid= 18.84

AUDJPY
-no change (above mid)
trend=no
direction=up (1 bar)
high= 79.27
rev= 75.14; mid= 77.21


monthly info -no change (below mid)
trend=down
low= 75.95; rev= 92.67; mid= 84.31

YEN
-change (below mid)
trend=up
high= 0.01003
rev= 0.00966; mid= 0.00985



monthly info new high 0.00989
trend=up
high= 0.00989; rev= 0.00945; mid= 0.00967

GSCI (Ishares)
-no change (above mid)
trend=down
low= 13.96
rev= 15.30; mid= 14.63



monthly info -change (above mid)
trend=no; direction=up (1 bar)
high= 15.52; rev= 13.20; mid= 14.36

CAT (Caterpillar)
-no change (above mid)
trend=up
high= 88.77
rev= 82.76; mid= 85.77



monthly info -no change (above 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= 33.51
rev= 20.61; mid= 27.06


monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 33.51; rev= 21.87; mid= 27.69

Copper
-no change (above mid)
trend=no
direction=down (2 bars)
low= 2.078
rev= 2.240; mid= 2.159


monthly info -no change (below mid)
trend=down
low= 2.072; rev= 2.385; mid= 2.229

QQQ (Powershares QQQ)
new high 118.72
trend=up
high= 118.72
rev= 117.20; mid= 117.96



monthly info new high 118.72
trend=up
high= 118.72; rev= 114.02; mid= 116.37



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

JPM (JP Morgan Chase)
new high 68.11
trend=up
high= 68.11; rev= 65.43; mid= 66.77

BAC (Bank of America)
new high 16.13
trend=up
high= 16.13; rev= 15.22; mid= 15.68

WFC (Wells Fargo)
-no change (below mid)
trend=down
low= 44.28; rev= 46.60; mid= 45.44

MS (Morgan Stanley)
new high 32.31
trend=up
high= 32.31; rev= 31.89; mid= 32.10

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 839.43
trend=up
high= 839.43; rev= 778.52; mid= 808.98

M (Macy's)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 40.30; rev= 31.22; mid= 35.76

Powershares USD Bull (UUP)
-change (above mid)
trend=down
low= 24.10; rev= 25.80; mid= 24.95

TLT (iShares Barclays 20+ Year Treas Bond)
new low 133.92
trend=down
low= 133.92; rev= 140.57; mid= 137.25

V (Visa)
new high 82.88
trend=up
high= 82.88; rev= 82.07; mid= 82.48

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)
new low 111.98
trend=down
low= 111.98; rev= 113.12; mid= 112.55

IQI (Morgan Stanley Quality Muni)
WEEKLY REVERSAL new low 13.49
trend=no
direction=down (1 bar)
low= 13.49; rev= 14.02; mid= 13.76

JNK (SPDR Barclays Capital HY)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 36.72; rev= 36.14; mid= 36.43

EEM (MSCI Emerging Markets)
new high 37.69
trend=up
high= 37.69
rev= 37.48; mid= 37.59



monthly info new high 37.45
trend=up
high= 37.45; rev= 34.39; mid= 35.92

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


monthly info -change (below mid)
trend=down
low= 15575.92; rev= 17388.15; mid= 16482.04

Hang Seng
-change (above mid)
trend=up
high= 24099.70
rev= 22766.91; mid= 23433.31



monthly info -no change (above 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 (above mid)
trend=up
high= 10713.43
rev= 9950.80; mid= 10332.16



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

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


monthly info -no change (below mid)
trend=down
low= 8163.30; rev= 9544.20; mid= 8853.75