AmenRa's Corner

A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection



Creditcane™: Force fields are illegal. Let me in!



SPX
Spinning top day (another hanging man set free). Midpoint above EMA(10). Above all SMA's. Tested and failed 1177.84 (the .0344 fibo from high) again. No daily 3LB changes (reversal is 1165.15). QE2infinity (aka the beginning of the end).



DXY
Bullish short day (formed a bullish piercing but 1st day should be longer). Midpoint below EMA(10). Tested its 85.4% retrace at 76.29 and passed. Well below 78.41 (.0557 from low). No daily 3LB changes (reversal is 77.32).



VIX
Bearish short day (upper shadows indicating direction it wants to go). Midpoint below EMA(10). Below weekly 3LB mid and monthly 3LB mid. No daily 3LB changes (reversal is 21.21). Managed to return to the "no fear" zone.



GOLD
Bearish engulfing day (or so they want you to think). Way above all SMA's. Midpoint above EMA(10). No test of new 0% retrace. No daily 3LB changes (reversal is 1347.70).



EURUSD
Dark cloud cover day. Midpoint above EMA(10). Above its 61.8% retrace at 1.3899. Above all SMA's. No daily 3LB changes (reversal is 1.3840). Table throwing at the G20?



JNK
Homing pigeon day (but we're in an uptrend and it's mostly for downtrends). Above all SMA's. Midpoint above EMA(10). Closed back below the 100% retrace. No daily 3LB changes (reversal is 40.01).



10YR YIELD
Bullish LONG day (after closing gap). The 0.0% fibo retrace at 23.59 is the line in the sand. Back above the weekly 3LB mid (25.35) and SMA(21). Midpoint above EMA(10). New high on daily 3LB (reversal is 23.81).



DJ TRANS AVG
Spinning top day (confirmed hanging man and bearish harami). Holding above the upper trend line and all SMA's. Midpoint above EMA(10). No daily 3LB changes (reversal is 4583.57).



CRB
Bearish long day. Midpoint above EMA(10). Above all SMA's. Failed the Gann 1x1. Daily 3LB reversal down (reversal is 299.93).




YEN (FXY)
Bearish short day. Above all SMA's. Midpoint above EMA(10). Tested but failed its 0% retrace. No daily 3LB changes (reversal now 120.86). There's pain and then there's pain. Domo arigatou.



14 comments:

McFearless said...

meh...a drop in the bucket for the man with a tan:

http://www.guardian.co.uk/business/2010/oct/15/countrywide-mozilo-settles-subprime-lawsuit

cv said...

get them Euros while they're hot!

NO WAIT!

call me ahab said...

Monday will be interesting-

C in the morning- and then hope for the afternoon w/ AAPL

Anonymous said...

I'm sorry... and no offense to anyone... But this issue continues to make me LMFAO... (especially with regards to OWEBama's inept & "polling" handling of it)... Classic!...

Pentagon warns gay troops to stay silent for now

http://news.yahoo.com/s/ap/20101015/ap_on_go_ca_st_pe/us_gays_in_military

---

THEY WANT YOU AS A NEW RECRUIT!

Little did you realize that the "they", didn't just mean the usual "THEYS"... It also meant the DNC...

Congratulations on your acceptance! Welcome to the club!

http://www.youtube.com/watch?v=InBXu-iY7cw

call me ahab said...

I wonder why so few see it this way-

Buying U.S. stocks because the Fed says it will proactively debase the U.S. dollar is like sitting on the beach in order to get a great view of an incoming tsunami.

cv said...

@ahab (6:28)

Food & Fuel bitchez!

call me ahab said...

the Village People-

that's why I joined the Navy

cv said...

John Williams Warns Of "Severe And Violent Sell-Off In Stocks"

http://www.zerohedge.com/article/john-williams-warns-severe-and-violent-sell-stocks

---

Luckily though... It's beachballs in AG-ville... So you have that going for you...

cv said...

@ahab

except for the fact that some village leaders need to be informed that their idiots are missing...

cv said...

@ahab

Good luck...

It's a riddle wrapped in a mystery inside an enigma...

Not worth wasting your time on...

Andy T said...

CV: The "smelliest" college lines we saw this weekend were on Kentucky only getting 4.5 from SC and Texas A&M being a favorite against a ranked Missouri. We didn't understand those, thus we have to bet on them. We like KY and A&M tomorrow.

mcHAPPY said...

Bear Porn

mcHAPPY said...

http://1.bp.blogspot.com/_TwUS3GyHKsQ/TE4n8haO5LI/AAAAAAAAGnw/kTmrnTxm2So/s1600/2010-07-26-PROPHET.png

Bear Porn

mcHAPPY said...

My Friday Night Music contribution:

Hey Rosetta! Red Heart

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This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.