A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
Creditcane™: Down but not out. Bring it.
SPXBullish long day. Midpoint below EMA(10). Still below SMA(21). Tested and held trend line (3/6/09-7/1/10). Almost tested the 23.6% retrace (1341.90). No daily 3LB changes (reversal is 1360.48). QE2infinity. "JBTFD. Any questions?"
DXYSpinning top day. Midpoint above EMA(10). No test of 0.0% retrace (72.70). Held SMA(55). Still below its 38.2% retrace (75.99). No daily 3LB changes (reversal is 74.19).
VIXBearish LONG day. Midpoint below EMA(10). Failed SMA(21). Failed its 14.6% retrace (16.75). No daily 3LB changes (reversal is 18.40). Deep in the "no fear" zone.
GOLDSpinning top day. Midpoint below EMA(10). No test of 0.0% retrace (1577.40). Failing to hold SMA(21). No daily 3LB changes (reversal is 1556.40). Holding above upper trend line. Must have the precious.
EURUSDBullish short day. Midpoint below EMA(10). Still below SMA(55). Still below its 76.4% retrace (1.4346). No daily 3LB changes (reversal is 1.4508).
JNKHanging man day. Midpoint above EMA(10). Closed above all SMA's. No test of 0.0% retrace (40.93). Tested and held its 14.6% retrace (40.73). Daily 3LB reversal up (reversal is 40.49).
10YR YIELDBullish engulfing day. Still below all SMA's. Midpoint below EMA(10). Tested and held 0.0% retrace (30.98). Still below the upper trend line. No daily 3LB changes (reversal is 32.30).
WTIBullish long day. Held SMA(144). Midpoint below EMA(10). No test of 0.0% retrace (114.83). Back above its 61.8% retrace (98.41). No dally 3LB changes (reversal is 111.41).
SILVERBullish long day. Still failing SMA(89). Midpoint below EMA(10). Failed the upper trend line. Failed its 61.8% retrace (35.28). No daily 3LB changes (reversal is 35.29). ""You want delivery! You can't handle the delivery!"
TLTBearish long day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 14.6% retrace (95.59). Tested and failed its upper trend line. No daily 3LB changes (reversal is 94.59).
XLEBullish long day. Still failing all SMA's but the SMA(144). Midpoint below EMA(10). Daily 3LB reversal up (reversal is 73.13).
WORLD WIDE PREMIERE JULY 1, 2011
5 comments:
Ra-
The crying bear never gets old.
Big goings on this week in AT's house. oldest daughter had braces removed today and 8th grade dance this Saturday.
It's a $3,500 smile for sure. Winning.
One thing I will NOT be doing this evening is watching American Idol. Yes, we are AI watchers, but no more. They got rid of the last good dude last week and America is likely going to make this 'country crooner' kid the American Idol. He's not that good....very narrow range...boring. But, he sings the jingoistic/nationalistic/religious tunes which brings home the votes every week. Ugh.
If he wins, I won't watch the show ever again.
I suppose the Miami Heat haters will have to go back into hibernation for a few more days.
They played some awesome defense tonight and LBJames 'showed up' at the end of the game to close it down.
If the Heat start getting quality minutes out of Haslem, the Series will be "different."
I wonder what 'Lakeysha' had to say that was so important...
http://news.yahoo.com/s/yblog_thelookout/20110518/us_yblog_thelookout/loud-cell-phone-talker-removed-from-quiet-car-by-police
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I think RUN DMC said it best...
http://www.youtube.com/watch?v=EheLN-MDzrA
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