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A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
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Creditcane™: C'mon now. Do you REALLY believe the BLS???
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Doji day. Midpoint below EMA(10). Still above all SMA's. No test of 0.0% retrace (1370.58). Tested and failed 23.6% retrace (1341.90). No daily 3LB changes (reversal is 1363.61). QE2infinity. "JBTFD. Don't question it. Just do it. Trust me. Mark."
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Bullish long day. Midpoint above EMA(10). No test of 0.0% retrace (72.70). Now above SMA(21). Tested and held its 23.6% retrace (74.73). New high on daily 3LB (reversal is 72.93).
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Bullish long day. Midpoint above EMA(10). Now above SMA(89). Held above its 23.6% retrace (18.28). New high on daily 3LB (reversal is 16.70). Still in the "no fear" zone.
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Bullish thrusting day. Midpoint below EMA(10). No test of 0.0% retrace (1577.40). Still below SMA(21). Tested and held its 38.2% retrace (1475.41). No daily 3LB changes (reversal is 1557.10). Holding above upper trend line. Must have the precious.
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Bearish long day. Midpoint below EMA(10). Tested and failed its 76.4% retrace (1.4346). Still below SMA(21). New low on daily 3LB (reversal is 1.4833). Also had a weekly 3LB reversal down.
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Bullish long day. Midpoint at EMA(10). Back above SMA(21). No test of 0.0% retrace (40.93). Tested and held its 23.6% retrace (40.61). No daily 3LB changes (reversal is 40.81).
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Spinning top day. No test of 0.0% retrace (37.44). Still below all SMA's. Midpoint below EMA(10). Still failing the 14.6% retrace (32.29). Still failing the upper trend line. New low on daily 3LB (reversal is 32.55).
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Bearish short day. Still below SMA(89). Midpoint below EMA(10). No test of 0.0% retrace (114.83). Tested and failed its 61.8% retrace (98.41). New low on dally 3LB (reversal is 113.93).
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Spinning top day (possible morning star). Back above SMA(89). Midpoint below EMA(10). Failed the upper trend line. Tested and held its 61.8% retrace (35.28). New low on daily 3LB (reversal is 42.59). Also had a weekly 3LB reversal down. ""You want delivery! You can't handle the delivery!"
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Doji day. Midpoint below EMA(10). Tested and failed SMA(144). Still failing its 38.2% retrace (51.48). No daily 3LB changes (reversal is 50.26).
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WORLD WIDE PREMIERE JULY 1, 2011
1 comments:
Everyone take care of the Moms in your life.
Looking forward to a slower weekend.
On Sunday, ManUtd plays Chelsea in Old Trafford...they're playing for 1st place in the EPL. A few weeks ago, I took down a long shot bet on Chelsea against a 'friend'...at 5:1.
I'll be rooting for Chelsea this wknd.
Also, wouldn't mind seeing the Lakers get SWEPT out of the playoffs, though that would have to be the "outlier" event for sure.
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