Weekly 3LB Update 1/27/17

Weekly 3LB update (week ending 1/27/17)
a new high or low will change the reversal price and the midpoint

SPX
new high 2294.69
trend=up
high= 2294.69
rev= 2259.53; mid= 2277.11



monthly info new high 2238.83
trend=up
high= 2238.83; rev= 1972.18; mid= 2105.51

Dow Jones
new high 20093.78
trend=up
high= 20093.78
rev= 19843.41; mid= 19968.60



monthly info new high 19762.60
trend=up
high= 19762.60; rev= 16528.03; mid= 18145.32

Dow Jones Transportation Avg
new high 9444.28
trend=up
high= 9444.28
rev= 9044.21; mid= 9244.25



monthly info new high 9043.90
trend=up
high= 9043.90; rev= 7944.11; mid= 8494.01

Nasdaq Composite
new high 5660.78
trend=up
high= 5660.78
rev= 5462.69; mid= 5561.74



monthly info new high 5383.12
trend=up
high= 5383.12; rev= 5213.22; mid= 5298.17

DXY
new low 100.56
trend=down
low= 100.56
rev= 101.59; mid= 101.08



monthly info MONTHLY CONFIRMATION new high 102.21
trend=no; direction=up (2 bars)
high= 102.21; rev= 93.08; mid= 97.65

Gold
-no change (above mid)
trend=no
direction=up (2 bars)
high= 1204.90
rev= 1133.60; mid= 1169.25


monthly info MONTHLY CONFIRMATION new low 1151.70
trend=no; direction=down (2 bars)
low= 1151.70; rev= 1360.50; mid= 1256.10

VIX
WEEKLY REVERSAL new low 10.58
trend=no
direction=down (1 bar)
low= 10.58
rev= 28.03; mid= 19.31


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=up
high= 54.77
rev= 48.34; mid= 51.56



monthly info -no change (above mid)
trend=down
low= 41.92; rev= 54.28; mid= 48.10

Sugar #11
-no change (above mid)
trend=no
direction=up (1 bar)
high= 20.75
rev= 18.15; mid= 19.45


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

30 Year Yield
-no change (below mid)
trend=no
direction=down (2 bars)
low= 29.77
rev= 31.84; mid= 30.81


monthly info MONTHLY CONFIRMATION new high 30.63
trend=no; direction=up (2 bars)
high= 30.63; rev= 21.82; mid= 26.23

10 Year Yield
-no change (below mid)
trend=up
high= 25.97
rev= 23.72; mid= 24.85



monthly info MONTHLY CONFIRMATION new high 24.46
trend=no; direction=up (2 bars)
high= 24.46; rev= 14.58; mid= 19.52

Silver
new high 17.14
trend=up
high= 17.14
rev= 16.21; mid= 16.68



monthly info -no change (below mid)
trend=up
high= 20.52; rev= 15.73; mid= 18.13

EURUSD
-no change (below mid)
trend=no
direction=down (1 bar)
low= 1.0165
rev= 1.1683; mid= 1.0924


monthly info MONTHLY CONFIRMATION new low 1.0574
trend=no; direction=down (2 bars)
low= 1.0574; rev= 1.1589; mid= 1.1082

GS (Goldman Sachs)
-no change (above mid)
trend=up
high= 244.90
rev= 211.38; mid= 228.14



monthly info new high 239.45
trend=up
high= 239.45; rev= 149.53; mid= 194.49

Lumber
-no change (below mid)
trend=down
low= 325.00
rev= 351.70; mid= 338.35



monthly info -no change (below mid)
trend=no; direction=down (2 bars)
low= 270.50; rev= 394.40; mid= 332.45

Baltic Dry Index
-no change (below mid)
trend=up
high= 1231.00
rev= 792.00; mid= 1011.50



monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 1202.00; rev= 325.00; mid= 763.50

XLF
-no change (above mid)
trend=up
high= 23.75
rev= 22.16; mid= 22.96



monthly info MONTHLY CONFIRMATION new high 23.25
trend=no; direction=up (2 bars)
high= 23.25; rev= 17.11; mid= 20.18

AUDJPY
new high 86.67
trend=up
high= 86.67
rev= 85.57; mid= 86.12



monthly info -change (below mid)
trend=down
low= 75.44; rev= 92.16; mid= 83.80

YEN
-no change (above mid)
trend=down
low= 0.00851
rev= 0.00888; mid= 0.00870



monthly info MONTHLY CONFIRMATION new low 0.00860
trend=no; direction=down (2 bars)
low= 0.00860; rev= 0.00992; mid= 0.00926

GSCI (Ishares)
-change (below mid)
trend=up
high= 15.67
rev= 15.32; mid= 15.50



monthly info MONTHLY CONFIRMATION new high 15.67
trend=no; direction=up (2 bars)
high= 15.67; rev= 13.20; mid= 14.44

CAT (Caterpillar)
new high 98.99
trend=up
high= 98.99
rev= 83.84; mid= 91.42



monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 95.56; rev= 62.24; mid= 78.90

AA (Alcoa)
new high 36.67
trend=up
high= 36.67
rev= 31.20; mid= 33.94



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=up
high= 2.690
rev= 2.279; mid= 2.485



monthly info -no change (above mid)
trend=no; direction=up (1 bar)
high= 2.633; rev= 2.086; mid= 2.360

QQQ (Powershares QQQ)
new high 125.80
trend=up
high= 125.80
rev= 121.93; mid= 123.87



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)
-no change (above mid)
trend=up
high= 87.05; rev= 78.83; mid= 82.94

BAC (Bank of America)
new high 23.36
trend=up
high= 23.36; rev= 20.86; mid= 22.11

WFC (Wells Fargo)
-no change (above mid)
trend=up
high= 57.14; rev= 51.73; mid= 48.55

MS (Morgan Stanley)
-change (above mid)
trend=up
high= 43.85; rev= 41.10; mid= 42.48

AXP (American Express)
new high 76.85
trend=up
high= 76.85; rev= 75.00; mid= 75.93

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

M (Macy's)
new low 29.11
trend=down
low= 29.11; rev= 30.82; mid= 29.97

Powershares USD Bull (UUP)
new low 25.99
trend=down
low= 25.99; rev= 26.57; mid= 26.28

TLT (iShares Barclays 20+ Year Treas Bond)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 121.31; rev= 117.14; mid= 119.23

V (Visa)
WEEKLY REVERSAL new high 83.77
trend=no
direction=up (1 bar)
high= 83.77; rev= 75.72; mid= 79.75

XRT (SPDR Retail ETF)
new low 42.69
trend=down
low= 42.69; rev= 44.07; mid= 43.38

MUB (iShares S&P National AMT-Fre)
-no change (above mid)
trend=down
low= 106.78; rev= 109.62; mid= 108.20

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)
WEEKLY REVERSAL new high 37.00
trend=no
direction=up (1 bar)
high= 37.00; rev= 35.13; mid= 36.07

EEM (MSCI Emerging Markets)
WEEKLY REVERSAL new high 37.47
trend=no
direction=up (1 bar)
high= 37.47
rev= 34.28; mid= 35.88


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

Nikkei
new high 19467.40
trend=up
high= 19467.40
rev= 19401.15; mid= 19434.28



monthly info new high 19114.30
trend=up
high= 19114.30; rev= 16666.05; mid= 17890.18

Hang Seng
WEEKLY CONFIRMATION new high 23360.78
trend=no
direction=up (2 bars)
high= 23360.78
rev= 21574.76; mid= 22467.77


monthly info -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
new high 11814.27
trend=up
high= 11814.27
rev= 11599.01; mid= 11706.64



monthly info -change (above mid)
trend=no; direction=down (2 bars)
low= 9495.40; rev= 11966.17; mid= 10730.79

Athen
-no change (above mid)
trend=no
direction=up (1 bar)
high= 660.30
rev= 534.78; mid= 597.54


monthly info -no 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=up (2 bars)
high= 9412.80
rev= 7787.70; mid= 8600.25


monthly info -change (above mid)
trend=down
low= 8163.30; rev= 9544.20; mid= 8853.75