AmenRa's Corner

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



Creditcane™: Last 5 minutes someone got spooked when they saw me in the rearview mirror.



SPX
Doji day. Midpoint above EMA(10). Still above all SMA's. New high on daily 3LB (reversal is 1247.08). QE2infinity. Made a higher high and a higher close (not by much).



DXY
Bearish long day. Midpoint below EMA(10). No test of the 38.2% retrace (80.63). Back below SMA(21). No daily 3LB changes (reversal is 81.19).



VIX
Bearish short day. Midpoint above EMA(10). Still below all SMA's. No daily 3LB changes (reversal is 17.74). May look to escape the "no fear" zone.



GOLD
Spinning top day. Still above SMA(21). Midpoint above EMA(10). 0.0% retrace holding. Still above 14.6% retrace (1392.69). No daily 3LB changes (reversal is 1338.80). Must have the precious.



EURUSD
Bullish long day. Midpoint below EMA(10). Back above its 38.2% retrace at 1.3121. Back above SMA(21) and the SMA(144). No daily 3LB changes (reversal is 1.3001).



JNK
Bullish short day (confirmed bearish engulfing or is this ex-dividend). Midpoint below EMA(10). Failing the Gann 4x1. Still above all SMA's. Daily 3LB reversal down (reversal is 40.47).



10YR YIELD
Bearish engulfing day (here we go again). The 0.0% fibo retrace at 35.66 has held. Above all SMA's. Back below its 14.6% retrace (33.86). Midpoint above EMA(10). No daily 3LB changes (reversal is 32.36).



CRB
Doji day. Midpoint above EMA(10). Above all SMA's. No test of 0.0% retrace. No daily 3LB changes (reversal is 326.80). Checked the weight or volume of cereal lately?



IQI
Bullish engulfing day. Midpoint below EMA(10). Below all SMA's. Still below its 14.6% retrace (11.74). No daily 3LB changes (reversal is 11.50). Is this one of those "hope springs eternal?"



BKX
Bearish short day. Midpoint above EMA(10). Above all SMA's. Made a new 0.0% retrace. No daily 3LB changes (reversal is 50.92).



DJ TRANS AVG
Bullish short day. Above all SMA's. Midpoint above EMA(10). Daily 3LB reversal up (reversal is 5019.80). Tired of moving sideways?




SILVER
Bullish short day. Still above all SMA's. Midpoint above EMA(10). New high on daily 3LB (reversal is 28.79). Shorts putting 911 on speed dial...



XRT
Bullish short day. Midpoint above EMA(10). Still above all SMA's. New high on daily 3LB (reversal is 47.26). Tested and passed its 23.6% retrace (48.45). JBTFD...



21 comments:

CV said...

@I-Man

(other thread)

NICK UGH...

ror :-)

CV said...

Aston Kucher thread at ZH has become the "star of the day" (263 comments & counting)...

I left at merely 30 (with nary a MAD MAX mection...

I think I have to go catch up...

Andy T said...

We like Arizona tonight over the Cowboys in the Alamo Bowl.

We also like CV's avatar of the stick figure pouring gasoline all over himself.

karen said...

No comment on candlesticks above!

And, this article is absurd! Makes it sound as if we will all get rich on rising crude oil..

http://www.nytimes.com/2010/12/30/business/30markets.html?_r=1&partner=rss&emc=rss

CV said...

@Andy T

Gun to my head... CV would be taking the 'Wildcats' as well...

I'll settle for the "OVER" pick...

This ASTON KUCHAR post is 'priceless' over at Zero Hedge...

I'm going to compile a TOP 10 list of funniest comments...

CV said...

@karen

How's the rain?... (Said NOAH)...

karen said...

The rain has stopped but the winds remain.. I went out for supplies but did not walk as I'm still in lip protection mode.. I swear by the coconut oil, tho!

CV said...

@karen

Well CV still likes blistex...

But your choice might 'double' as a hangover remedy if you overdo it with the wine... :-)

http://www.youtube.com/watch?v=aA9OqUuA6a0

karen said...

haha! i do remember that one.. i'll get the blistex next time i shop as a preventative.. do you recommend the little tube or the stick?

CV said...

a little dab is all u need (blistex)

so... those tiny little tubes (what look like 'mini-toothpaste' tubes) work fine...

I like them as emollients... dab on finger... apply...

sticks... to me... are too harsh

CV said...

CV is checking out to watch AZ-OKST...

and is an 'athletic supporter' of Andy T's call on the WILDCATS...

Anonymous said...

speaking of Football..

so much for the 'Bolts in the AFC Championship Game..

wtf? not even in the Playoffs!

nothing like coughing up key Games, down the stretch..

w/that in mind, I'll take OSU over 'Zona.

AAIP

ben22 said...

lowrys should give any bears some caution, we may correct very soon but the big bull trend is still very much in tact according to those guys. def. trying to keep an eye on this.

karen said...

this is not what I was expecting from epicureandealmaker tonight.. his posts have been few.. but apparently he is on a new roll.

http://epicureandealmaker.blogspot.com/2010/12/what-hes-really-thinking-first-time-you.html

karen said...

China manufacturing index hits three-month low in December
12/29/2010 09:48:58 PM

karen said...

worth a skim at the very least from Northern Trust:

http://www.safehaven.com/article/19473/deciphering-debt

AmenRa said...

Karen

Football!!!

karen said...

AR, I kno, right?!

from the epicureandealmaker link:

"How soon after I'm done can I go home and watch the football game?"

AmenRa said...

AH report

AUDJPY down
EURJPY down
Silver up (Blythe curled up in a fetal position)
Dollar down
ES flat
Gold flat
Yen up
WTI up
EURUSD up

I feel a squeeze coming. TPTB want the bears to suffer. Fine bring it on then. But they better remember that short interest is at its lows and no one will be able to buy back to stop the slide.

I-Man said...

K-
Yeah, that coconut oil is some good stuff... I have these chunks of solid coconut oil that my sister in law sent me from kauai... its great. Its so clean, it melts onto your skin, great for your hands too. The tops of my hands get chapped from fishing out in the cold all winter. And oh yeah, you can cook with it too of course...

Thats what its really for.

Great for thai stir fry's when you really want to just get the flav out of the little drizz of sesame oil at the finish... no olive oil "mute".

Check yall later, havent made a trade all week, and diggin it...

This week is always a tease.

CV said...

new thread

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