Weekly 3LB Update 11/25/16

Weekly 3LB update (week ending 11/25/16)
a new high or low will change the reversal price and the midpoint

SPX
WEEKLY REVERSAL new high 2213.35
trend=no
direction=up (1 bar)
high= 2213.35
rev= 2085.18; mid= 2149.27


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

Dow Jones
new high 19152.14
trend=up
high= 19152.14
rev= 18085.45; mid= 18618.80



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

Dow Jones Transportation Avg
new high 9044.21
trend=up
high= 9044.21
rev= 7507.31; mid= 8275.76



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

Nasdaq Composite
WEEKLY CONFIRMATION new high 5398.92
trend=no
direction=up (2 bars)
high= 5398.92
rev= 5046.37; mid= 5222.65


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

DXY
new high 101.47
trend=up
high= 101.47
rev= 98.69; mid= 100.08



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

Gold
new low 1178.40
trend=down
low= 1178.40
rev= 1251.90; mid= 1215.15



monthly info -change (below 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 (below mid)
trend=down
low= 43.90
rev= 51.94; mid= 47.92



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

Sugar #11
new low 19.84
trend=down
low= 19.84
rev= 21.73; mid= 20.79



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

30 Year Yield
new high 30.22
trend=up
high= 30.22
rev= 26.16; mid= 28.19



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

10 Year Yield
new high 23.72
trend=up
high= 23.72
rev= 18.45; mid= 21.09



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

Silver
new low 16.55
trend=down
low= 16.55
rev= 18.83; mid= 17.69



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

EURUSD
-no 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 211.38
trend=up
high= 211.38
rev= 177.14; mid= 194.26



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

Lumber
WEEKLY REVERSAL new high 334.40
trend=no
direction=up (1 bar)
high= 334.40
rev= 320.70; mid= 327.55


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 1231.00
trend=up
high= 1231.00
rev= 792.00; mid= 1011.50



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

XLF
new high 22.41
trend=up
high= 22.41
rev= 19.96; mid= 21.19



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

AUDJPY
new high 83.95
trend=up
high= 83.95
rev= 79.34; mid= 81.65



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

YEN
new low 0.00884
trend=down
low= 0.00884
rev= 0.00956; mid= 0.00920



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

GSCI (Ishares)
-change (above mid)
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 CONFIRMATION new high 95.81
trend=no
direction=up (2 bars)
high= 95.81
rev= 82.31; mid= 89.06


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
new high 2.668
trend=up
high= 2.668
rev= 2.083; mid= 2.376



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

QQQ (Powershares QQQ)
WEEKLY REVERSAL new high 118.80
trend=no
direction=up (1 bar)
high= 118.80
rev= 113.65; mid= 116.23


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 78.83
trend=up
high= 78.83; rev= 69.11; mid= 73.97

BAC (Bank of America)
new high 20.86
trend=up
high= 20.86; rev= 16.68; mid= 18.77

WFC (Wells Fargo)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 52.82; rev= 44.28; mid= 48.55

MS (Morgan Stanley)
new high 41.10
trend=up
high= 41.10; rev= 33.52; mid= 37.31

AXP (American Express)
new high 72.86
trend=up
high= 72.86; rev= 67.36; mid= 70.11

AMZN (Amazon)
-no change (below mid)
trend=down
low= 739.01; rev= 837.31; mid= 788.16

M (Macy's)
new high 44.14
trend=up
high= 44.14; rev= 40.30; mid= 42.22

Powershares USD Bull (UUP)
WEEKLY CONFIRMATION new high 26.24
trend=no
direction=up (2 bars)
high= 26.24; rev= 24.10; mid= 25.17

TLT (iShares Barclays 20+ Year Treas Bond)
new low 120.82
trend=down
low= 120.82; rev= 130.45; mid= 125.64

V (Visa)
WEEKLY CONFIRMATION new low 80.13
trend=no
direction=down (2 bars)
low= 80.13; rev= 82.88; mid= 81.51

XRT (SPDR Retail ETF)
new high 46.64
trend=up
high= 46.64; rev= 45.61; mid= 46.13

MUB (iShares S&P National AMT-Fre)
new low 107.78
trend=down
low= 107.78; rev= 111.38; mid= 109.58

IQI (Morgan Stanley Quality Muni)
-no change (below mid)
trend=down
low= 12.18; rev= 13.04; mid= 12.61

JNK (SPDR Barclays Capital HY)
-change (above mid)
trend=no
direction=down (2 bars)
low= 35.13; rev= 36.84; mid= 35.99

EEM (MSCI Emerging Markets)
-no change (below mid)
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
WEEKLY CONFIRMATION new high 18381.22
trend=no
direction=up (2 bars)
high= 18381.22
rev= 14952.02; mid= 16666.62


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
-no change (below mid)
trend=down
low= 22344.21
rev= 23266.70; mid= 22805.46



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

Shanghai Composite
-no 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
-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 (above 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