Weekly 3LB Update 11/11/16

Weekly 3LB update (week ending 11/11/16)
a new high or low will change the reversal price and the midpoint

SPX
-change (above mid)
trend=no
direction=down (1 bar)
low= 2085.18
rev= 2182.87; mid= 2134.03


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

Dow Jones
WEEKLY REVERSAL new high 18847.66
trend=no
direction=up (1 bar)
high= 18847.66
rev= 17888.28; mid= 18367.97


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

Dow Jones Transportation Avg
WEEKLY REVERSAL new high 8578.65
trend=no
direction=up (1 bar)
high= 8578.65
rev= 7320.55; mid= 7949.60


monthly info -no change (above mid)
trend=up
high= 8078.79; rev= 6906.76; mid= 7492.78

Nasdaq Composite
-change (above mid)
trend=no
direction=down (1 bar)
low= 5046.37
rev= 5312.00; mid= 5179.19


monthly info -no change (above mid)
trend=up
high= 5312.00; rev= 4948.05; mid= 5130.03

DXY
new high 99.06
trend=up
high= 99.06
rev= 93.14; mid= 96.10



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

Gold
WEEKLY CONFIRMATION new low 1224.30
trend=no
direction=down (2 bars)
low= 1224.30
rev= 1366.20; mid= 1295.25


monthly info -change (below mid)
trend=up
high= 1357.50; rev= 1246.20; mid= 1301.85

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
-no change (below mid)
trend=down
low= 43.37
rev= 51.41; mid= 47.39



monthly info -no change (above mid)
trend=down
low= 40.32; rev= 52.68; mid= 46.50

Sugar #11
new low 21.70
trend=down
low= 21.70
rev= 23.00; mid= 22.35



monthly info -no change (above mid)
trend=up
high= 23.00; rev= 17.09; mid= 20.05

30 Year Yield
new high 29.28
trend=up
high= 29.28
rev= 24.68; mid= 26.98



monthly info -change (above mid)
trend=down
low= 21.82; rev= 26.72; mid= 24.27

10 Year Yield
new high 21.17
trend=up
high= 21.17
rev= 17.36; mid= 19.27



monthly info -change (above mid)
trend=down
low= 14.58; rev= 21.70; mid= 18.14

Silver
-no change (beow mid)
trend=down
low= 17.38
rev= 20.26; mid= 18.82



monthly info -change (below mid)
trend=up
high= 20.45; rev= 15.65; mid= 18.05

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


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

GS (Goldman Sachs)
new high 203.94
trend=up
high= 203.94
rev= 170.52; mid= 187.23



monthly info MONTHLY REVERSAL new high 178.24
trend=no; direction=up (1 bar)
high= 178.24; rev= 148.58; mid= 163.41

Lumber
-no change (below mid)
trend=no
direction=down (2 bars)
low= 299.90
rev= 343.10; mid= 321.50


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

Baltic Dry Index
new high 974.00
trend=up
high= 974.00
rev= 738.00; mid= 856.00



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

XLF
new high 21.67
trend=up
high= 21.67
rev= 19.51; mid= 20.59



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

AUDJPY
new high 80.28
trend=up
high= 80.28
rev= 75.71; mid= 78.00



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

YEN
new low 0.01002
trend=up
low= 0.01002
rev= 0.00966; mid= 0.00985



monthly info -change (below mid)
trend=up
high= 0.00989; rev= 0.00945; mid= 0.00967

GSCI (Ishares)
new low 13.91
trend=down
low= 13.91
rev= 14.85; mid= 14.38



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

CAT (Caterpillar)
WEEKLY REVERSAL new high 93.01
trend=no
direction=up (1 bar)
high= 93.01
rev= 82.31; mid= 87.66


monthly info -no change (above mid)
trend=down
low= 62.24; rev= 91.00; mid= 76.62

AA (Alcoa)
-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
WEEKLY CONFIRMATION new high 2.509
trend=no
direction=up (2 bars)
high= 2.509
rev= 2.078; mid= 2.294


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

QQQ (Powershares QQQ)
-no change (below mid)
trend=down
low= 113.65
rev= 118.33; mid= 115.99



monthly info -no change (above mid)
trend=up
high= 118.72; rev= 114.02; mid= 116.37



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

JPM (JP Morgan Chase)
new high 76.69
trend=up
high= 76.69; rev= 68.11; mid= 72.40

BAC (Bank of America)
new high 19.02
trend=up
high= 19.02; rev= 16.13; mid= 17.58

WFC (Wells Fargo)
WEEKLY REVERSAL new high 51.73
trend=no
direction=up (1 bar)
high= 51.73; rev= 44.28; mid= 48.01

MS (Morgan Stanley)
new high 38.49
trend=up
high= 38.49; rev= 32.31; mid= 35.40

AXP (American Express)
new high 70.50
trend=up
high= 70.50; rev= 53.50; mid= 62.00

AMZN (Amazon)
new low 739.01
trend=down
low= 739.01; rev= 837.31; mid= 788.16

M (Macy's)
new high 41.36
trend=up
high= 41.36; rev= 37.65; mid= 39.51

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

TLT (iShares Barclays 20+ Year Treas Bond)
new low 122.04
trend=down
low= 122.04; rev= 133.92; mid= 127.98

V (Visa)
-change (above mid)
trend=no
direction=down (1 bar)
low= 80.36; rev= 82.88; mid= 81.62

XRT (SPDR Retail ETF)
-change (above mid)
trend=up
high= 46.12; rev= 39.41; mid= 42.77

MUB (iShares S&P National AMT-Fre)
new low 109.62
trend=down
low= 109.62; rev= 111.98; mid= 110.80

IQI (Morgan Stanley Quality Muni)
new low 12.41
trend=down
low= 12.41; rev= 13.49; mid= 12.95

JNK (SPDR Barclays Capital HY)
WEEKLY CONFIRMATION new low 35.13
trend=no
direction=down (2 bars)
low= 35.13; rev= 36.84; mid= 35.99

EEM (MSCI Emerging Markets)
new low 34.55
trend=down
low= 34.55
rev= 37.63; mid= 36.09



monthly info -no change (above mid)
trend=up
high= 37.45; rev= 34.39; mid= 35.92

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


monthly info MONTHLY REVERSAL new high 17425.92
trend=no; direction=up (1 bar)
high= 17425.02; rev= 15575.92; mid= 16500.47

Hang Seng
WEEKLY CONFIRMATION new low 22531.09
trend=no
direction=down (2 bars)
low= 22531.09
rev= 24099.70; mid= 23315.40


monthly info -no change (above mid)
trend=down
low= 19683.11; rev= 24497.98; mid= 22090.55

Shanghai Composite
-change (above 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 (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 -change (above 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 -change (above mid)
trend=down
low= 8163.30; rev= 9544.20; mid= 8853.75