Weekly 3LB Update for week ending 4/1/10

Weekly 3LB update (week ending 4/1/09)
a new high or low will change the reversal price and the midpoint

SPX
new high 1178.10
trend=up
high= 1178.10
rev= 1149.99; mid= 1165.05


monthly info new high 1169.43
rev=1057.08; mid= 1113.26



Dow Jones
new high 10927.07
trend=up
high= 10927.07
rev= 10624.69; mid= 10775.88


monthly info new high 10856.63
rev= 9712.73; mid= 10284.68



Nasdaq Comp
new high 2402.58
trend=up
high= 2402.58
rev= 2367.66; mid= 2385.12


monthly info new high 2397.96
rev= 2122.42; mid= 2260.19



DXY
-no change
trend=up
high= 81.68
rev= 80.44; mid= 81.06


monthly info new high 81.07
rev= 76.30; mid= 78.69



Gold
-no change
trend=down
low= 1052.20
rev= 1146.80; mid= 1099.50


monthly info -no change
rev= 978.80; mid= 1079.95



VIX
no change
trend=no
direction=down (2 bars)
low= 16.97
rev= 27.31; mid= 22.14

monthly info new low 17.59
rev= 24.51; mid= 21.05



WTI Crude Oil
WEEKLY REVERSAL new high 84.87
trend=no
direction=up (1 bar)
high= 84.87
rev= 71.19; mid= 78.03

monthly info new high 83.76
rev= 77.28; mid= 80.52



Sugar #11
new low 16.70
trend=down
low= 16.70
rev= 19.67; mid= 18.19


monthly info MONTHLY REVERSAL new low 16.59
rev=29.90; mid= 23.25



30 Year Bond
-no change
trend=up
high= 47.52
rev= 46.87; mid= 47.20


monthly info new high 47.15
rev=26.91; mid= 37.03



10 Year Bond
-no change
trend=no
direction=down (2 bars)
low= 32.12
rev= 38.62; mid= 35.37

monthly info -no change
rev=22.44; mid=30.44



Silver (SLV)
-no change (trading above mid)
trend=no
direction=down (2 bars)
low= 14.90
rev= 18.22; mid= 16.56

monthly info -no change
rev= 9.58; mid= 13.87


EURUSD
-no change
trend=down
low= 1.3400
rev= 1.3617; mid= 1.3509

BAC
new high 18.04
trend=up
high= 18.04
rev= 16.70; mid= 17.37

AXP
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 37.66
rev= 42.39; mid= 40.03

AMZN
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 117.39
rev= 138.47; mid= 127.93

M
new high 22.34
trend=up
high= 22.34
rev= 15.98; mid= 19.16

XLF
new high 16.08
trend=up
high=16.08
rev= 15.54; mid=15.81

BKX
new high 52.44
trend=up
high= 52.44
rev= 50.46; mid= 51.45

Powershares USD Bull (UUP)
-no change
trend=up
high=23.96
rev=23.45; mid=23.71

Goldman Sachs
-no change
trend=up
high=177.90
rev= 154.12; mid= 166.01

TLT
-no change
trend=down
low=88.95
rev= 97.98; mid= 93.47

Apple Computer
new high 235.97
trend=up
high=230.90
rev= 218.95; mid= 227.46


MSCI Emerging Markets
new high 1037.90
trend=up
high=1037.90
rev= 919.00; mid=978.45


monthly info new high 1010.80
trend=up
rev= 919.50; mid= 965.15



NIKKEI
new high 11286.09
trend=no
direction=up (2 bars)
high=10996.37
rev= 10057.09; mid= 10671.59

monthly info new high 11089.94
trend=no; direction=up (2 bars)
rev=9345.55; mid= 10217.75



HANG SENG
-no change
trend=no
direction=down (2 bars)
low=19665.08
rev= 22589.73; mid= 21127.41

monthly info -no change
trend=no; direction=down (1 bar)
rev=21872.50; mid= 20997.30



SHANGHAI A "Composite"
-no change
trend=down
low=3082.35
rev= 3343.23; mid= 3212.79


monthly info -no change
trend=no; direction=up (2 bars)
rev=1816.31; mid= 2699.09



Shanghai B Shares
new high 263.80
trend=up
high= 263.80
rev= 220.27; mid= 241.86


monthly info new high 258.58
trend=up
rev= 248.15; mid= 253.37



KOSPI
WEEKLY REVERSAL new high 1719.17
trend=no
direction=up (1 bar)
high= 1719.17
rev= 1567.12; mid= 1643.15

monthly info new high 1692.85
trend=up
rev=1591.85; mid= 1642.35

Weekly 3LB Update for week ending 3/26/10

Weekly 3LB update (week ending 3/26/09)
a new high or low will change the reversal price and the midpoint

SPX
new high 1166.59
trend=up
high= 1166.59
rev= 1138.70; mid= 1152.65


monthly info -no change
rev=1020.62; mid= 1067.86



Dow Jones
new high 10850.36
trend=up
high= 10850.36
rev= 10566.20; mid= 10708.28


monthly info -no change
rev= 9712.28; mid= 10070.17



Nasdaq Comp
new high 2395.13
trend=up
high= 2395.13
rev= 2326.35; mid= 2360.74


monthly info -no change
rev= 2009.06; mid= 2139.11



DXY
new high 81.68
trend=up
high= 81.68
rev= 80.44; mid= 81.06


monthly info new high 80.39
rev= 74.88; mid= 77.64



Gold
no change (still trading above mid...barely)
trend=down
low= 1052.20
rev= 1146.80; mid= 1099.50


monthly info -no change
rev= 978.80; mid= 1079.95



VIX
no change
trend=no
direction=down (2 bars)
low= 16.97
rev= 27.31; mid= 22.14

monthly info new low 19.50
rev= 25.61; mid= 22.56



WTI Crude Oil
no change (still trading above mid)
trend=no
direction=down (2 bars)
low= 71.19
rev= 82.75; mid= 76.97

monthly info new high 79.65
rev= 77.00; mid= 78.33



Sugar #11
new low 17.00
trend=down
low= 17.00
rev= 22.19; mid= 19.60


monthly info -no change
rev=18.61; mid= 21.88



30 Year Bond
new high 47.52
trend=up
high= 47.52
rev= 46.87; mid= 47.20


monthly info -no change
rev=26.91; mid= 36.66



10 Year Bond
no change (almost had a weekly reversal)
trend=no
direction=down (2 bars)
low= 32.12
rev= 38.62; mid= 35.37



Silver (SLV)
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 14.90
rev= 18.22; mid= 16.56

monthly info -no change
rev= 9.58; mid= 13.87

EURUSD
new low 1.3400
trend=down
low= 1.3400
rev= 1.3617; mid= 1.3509

BAC
new high 17.90
trend=up
high= 17.90
rev= 16.66; mid= 17.28

AXP
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 37.66
rev= 42.39; mid= 40.03

AMZN
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 117.39
rev= 138.47; mid= 127.93

M
no change
trend=no
direction=up (2 bars)
high= 21.75
rev= 15.57; mid= 18.66

XLF
new high 16.00
trend=up
high=16.00
rev= 14.05; mid=15.03

BKX
new high 52.30
trend=up
high= 52.30
rev= 48.61, mid= 50.46

Powershares USD Bull (UUP)
new high 23.96
trend=up
high=23.96
rev=23.45; mid=23.71

Goldman Sachs
no change
trend=up
high=177.90
rev= 154.12; mid= 166.01

TLT
new low 88.95
trend=down
low=88.95
rev= 97.98; mid= 93.47

Apple Computer
new high 230.90
trend=up
high=230.90
rev= 197.75; mid= 214.33


MSCI Emerging Markets
no change
trend=no
direction=up (2 bars)
high=1001.80
rev= 898.60; mid=950.20



NIKKEI
WEEKLY REVERSAL
trend=no
direction=up (1 bar)
high=10996.37
rev= 10057.09; mid= 10526.73



HANG SENG
no change (now below mid)
trend=no
direction=down (2 bars)
low=19665.08
rev= 22589.73; mid= 21127.41



SHANGHAI A "Composite"
no change (now below mid)
trend=down
low=3082.35
rev= 3343.23; mid= 3212.79



Shanghai B Shares
no change
trend=up
high= 262.81
rev= 198.11; mid= 230.46


monthly info new high 254.06
trend=up
rev= 218.61; mid= 236.34



KOSPI
no change (now trading above mid)
trend=no
direction=down (2 bars)
low= 1567.12
rev= 1701.80; mid= 1634.46

Surprise Announcement from the Fed (on or before 3/31/10)

Weekly 3LB Update for week ending 3/19/10

Weekly 3LB update (week ending 3/19/10)
a new high or low will change the reversal price and the midpoint

SPX
new high 1159.90
trend=up
high= 1159.90
rev= 1073.87; mid= 1116.89


monthly info -no change
rev=1020.62; mid= 1067.86



Dow Jones
new high 10741.98
trend=up
high= 10741.98
rev= 10067.33; mid= 10404.66


monthly info -no change
rev= 9712.28; mid= 10070.17



Nasdaq Comp
new high 2374.41
trend=up
high= 2374.41
rev= 2147.35; mid= 2310.88


monthly info -no change
rev= 2009.06; mid= 2139.11



DXY
new high 80.72
trend=up
high= 80.72
rev= 79.46; mid= 80.09


monthly info new high 80.39
rev= 74.88; mid= 77.64



Gold
no change (still trading above mid...barely)
trend=down
low= 1052.20
rev= 1146.80; mid= 1099.50


monthly info -no change
rev= 978.80; mid= 1079.95



VIX
new low 16.97
trend=no
direction=down (2 bars)
low= 16.97
rev= 27.31; mid= 22.14

monthly info new low 19.50
rev= 25.61; mid= 22.56



WTI Crude Oil
no change (now trading above mid)
trend=no
direction=down (2 bars)
low= 71.19
rev= 82.75; mid= 76.97

monthly info new high 79.65
rev= 77.00; mid= 78.33



Sugar #11
new low 18.64
trend=down
low= 18.64
rev= 24.13; mid= 21.39


monthly info -no change
rev=18.61; mid= 21.88



30 Year Bond
no change
trend=up
high= 47.02
rev= 43.92; mid= 45.47


monthly info -no change
rev=26.91; mid= 36.66



Silver (SLV)
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 14.90
rev= 18.22; mid= 16.56

monthly info -no change
rev= 9.58; mid= 13.87


EURUSD
new low 1.3536
trend=down
low= 1.3536
rev= 1.3635; mid= 1.3586

10 Year
no change (still trading above mid)
trend=no
direction=down (2 bars)
low= 32.12
rev= 38.62; mid= 35.37

BAC
no change
trend=up
high= 16.85
rev= 14.45; mid= 15.60

AXP
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 37.66
rev= 42.39; mid= 40.03

AMZN
no change (trading above mid)
trend=no
direction=down (2 bars)
low= 117.39
rev= 138.47; mid= 127.93

M
no change
trend=no
direction=up (2 bars)
high= 21.75
rev= 15.57; mid= 18.66

XLF
new high 15.69
trend=no
direction=up (2 bars)
high=15.69
rev= 13.94; mid=14.82

BKX
new high 51.13
trend=up
high= 51.13
rev= 44.82, mid= 47.98

Powershares USD Bull (UUP)
no change
trend=up
high=23.72
rev=23.08; mid=23.40

Goldman Sachs
new high 177.90
trend=up
high=177.90
rev= 154.12; mid= 166.01

TLT
no change
trend=no
direction=down (2 bars)
low=89.29
rev= 99.01; mid= 94.15

Apple Computer
no change
trend=no
direction=up (2 bars)
high=226.60
rev= 192.06; mid= 209.33



MSCI Emerging Markets
no change
trend=no
direction=up (2 bars)
high=1001.80
rev= 898.60; mid=950.20



NIKKEI
no change (now trading above mid)
trend=no
direction=down (2 bars)
low=10057.09
rev= 10982.10; mid= 10519.60



HANG SENG
no change (now trading above mid)
trend=no
direction=down (2 bars)
low=19665.08
rev= 22589.73; mid= 21127.41



SHANGHAI A "Composite"
no change (now trading above mid)
trend=down
low=3082.35
rev= 3223.94; mid= 3152.21



Shanghai B Shares
no change
trend=up
high= 262.81
rev= 198.11; mid= 230.46


monthly info new high 254.06
trend=up
rev= 218.61; mid= 236.34



KOSPI
no change (now trading above mid)
trend=no
direction=down (2 bars)
low= 1567.12
rev= 1701.80; mid= 1634.46

Let the games begin (opex week)

A close above the 61.8% at 1153.47 should lead to a test of the 85.4% at 1172.08. If bullish fever persists then the 100% at 1183.59 and 161.8% at 1232.33 are future targets. I seriously doubt that the 261.8% at 1311.19 will be seen anytime soon.



Added another fibo extension chart using the low of 1044.05, high of 1112.42 and retrace of 1086.02. The extension levels are very similar.