

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
SPY (SPDR S&P 500)
new high 228.97
trend=up
high= 228.97
rev= 221.52; mid= 225.25
monthly info new high 223.53
trend=up
high= 223.53; rev= 217.12; mid= 220.33
XLB (SPDR Materials)
new high 52.81
trend=up
high= 52.81
rev= 49.56; mid= 51.19
monthly info -no change (above mid)
trend=up
high= 49.94; rev= 39.92; mid= 44.93
XLE (SPDR Energy)
-no change (above mid)
trend=up
high= 76.60
rev= 71.13; mid= 73.87
monthly info new high 75.32
trend=up
high= 75.32; rev= 68.51; mid= 71.92
XLF (SPDR Financial)
-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
XLI (SPDR Industrials)
new high 64.49
trend=up
high= 64.49
rev= 62.71; mid= 63.60
monthly info -no change (above mid)
trend=up
high= 62.41; rev= 51.29; mid= 56.85
XLK (SPDR Technology)
new high 50.74
trend=up
high= 50.74
rev= 49.40; mid= 50.07
monthly info new high 48.36
trend=up
high= 48.36; rev= 46.45; mid= 47.41
XLP (SPDR Consumer Staples)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 52.58
rev= 50.50; mid= 51.54
monthly info -no change (below mid)
trend=no; direction=down (1 bar)
low= 50.58; rev= 55.15; mid= 52.87
XLU (SPDR Utilities)
-no change (above mid)
trend=down
low= 46.03
rev= 49.15; mid= 47.59
monthly info -no change (below mid)
trend=up
high= 52.47; rev= 45.42; mid= 48.95
XLV (SPDR Healthcare)
-no change (above mid)
trend=down
low= 66.48
rev= 71.51; mid= 69.00
monthly info -no change (below mid)
trend=no; direction=up (1 bar)
high= 75.20; rev= 66.23; mid= 70.72
XLY (SPDR Consumer Discretionary)
new high 85.06
trend=up
high= 85.06
rev= 81.20; mid= 83.13
monthly info -no change (above mid)
trend=no; direction=up (2 bars)
high= 81.85; rev= 74.11; mid= 77.98
XPH (SPDR Pharmaceuticals)
-no change (below mid)
trend=down
low= 37.44
rev= 44.10; mid= 40.77
monthly info new low 39.09
trend=down
low= 39.09; rev= 40.24; mid= 39.67
XRT (SPDR Retail)
new low 42.69
trend=down
low= 42.69
rev= 44.07; mid= 43.38
monthly info -no change (above mid)
trend=down
low= 41.04; rev= 46.78; mid= 43.91
XBI (SPDR Biotech)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 66.40
rev= 54.87; mid= 60.64
monthly info -change (below mid)
trend=down
low 47.90; rev= 74.03; mid= 60.97
XTN (SPDR Transportation)
-no change (above mid)
trend=up
high= 56.48
rev= 51.41; mid= 53.95
monthly info new high 53.98
trend=up
high 53.98; rev= 47.29; mid= 50.64
RBOB (RBOB Gasoline)
-change (below mid)
trend=up
high= 1.6975
rev= 1.4175; mid= 1.5575
monthly info MONTHLY REVERSAL new high 1.6528
trend=no; direction=up (1 bar)
high= 1.6528; rev= 1.1954; mid= 1.4241

IS IT OVER? IS IT REALLY OVER?
3 comments:
Weekly 3LB Update 1/27/17
The images are amazing but the descriptions are not much clear or helpful in understanding the things..
Three line break is for following trends in prices. The high and low prices indicate the current range. The midpoint is the 50% retrace. The trend begins when there are three new highs (or lows) that have not taken out the low (or high) of the range.
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