AmenRa's Corner

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






Creditcane™: GDP getting worse, initial claims WTE and a miraculous close higher. There will be blood.



SPX
Spinning top day again. Midpoint below EMA(10). Held SMA(55). Still below trend line (3/6/09-7/1/10). Held the 38.2% retrace (1324.16). No daily 3LB changes (reversal is 1329.47). QE2infinity. "JBTFD. Any questions?"



DXY
Bearish short day. Midpoint above EMA(10). No test of 0.0% retrace (72.70). No test of SMA(89). Failing its 38.2% retrace (75.99). No daily 3LB changes (reversal is 74.84).



VIX
Bearish long day. Midpoint below EMA(10). Now below all SMA's. Failed its 14.6% retrace (16.75). No daily 3LB changes (reversal is 18.40). Trying to escape the "no fear" zone.



GOLD
Spinning top day again. Midpoint above EMA(10). No test of 0.0% retrace (1577.40). Held SMA(21). Held its 23.6% retrace (1514.39). No daily 3LB changes (reversal is 1556.40). Holding above upper trend line. Must have the precious.



EURUSD
Bullish short day. Midpoint below EMA(10). Held SMA(89). Still below its 76.4% retrace (1.4346). No daily 3LB changes (reversal is 1.4323).



JNK
Bearish short day. Midpoint below EMA(10). Failing SMA(21). No test of 0.0% retrace (40.93). Failing its 23.6% retrace (40.61). No daily 3LB changes (reversal is 40.49).



10YR YIELD
Bearish long day. Still below all SMA's. Midpoint below EMA(10). Made a new 0.0% retrace (30.61). Still below the upper trend line. New low on daily 3LB (reversal is 32.30).



WTI
Bearish harami day. Above SMA(144). Midpoint above EMA(10). No test of 0.0% retrace (114.83). Above its 61.8% retrace (98.41). No dally 3LB changes (reversal is 111.41).



SILVER
Bearish thrusting day. Failed SMA(21). Midpoint above EMA(10). Back above the upper trend line. Tested and failed its 50.0% retrace (38.05). No daily 3LB changes (reversal is 33.49). ""You want delivery! You can't handle the delivery!"



BKX
Spinning top day. Midpoint below EMA(10). Below all SMA's. Held its 61.8% retrace (48.75). No daily 3LB changes (reversal is 49.51).



HYG/LQD
Bearish short day. Tested and failed the 23.6% retrace (0.8269). Below most SMA's (except SMA(233)). Midpoint below EMA(10). New low on daily 3LB (reversal is 0.8308).




WORLD WIDE PREMIERE JULY 1, 2011

13 comments:

ben22 said...

CV,

The Heat look really tough right now, they all seem to be on the same page at the right time now, and someone is stepping up when they need it.

Gotta think they'll win now, and last game showed that Lebron can pretty much stomp out Rose in the clutch.

If they win the match-ups against Dallas are going to be interesting, Dirk is probably playing better now than he ever has.

Should be a good finals.

Anonymous said...

I must say, DIAPERS, BITCHEZ made me laugh!

Even if you are a dick, CV ;-)

- Whammer

What kind of a dick makes an anonymous comment about someone being a dick? Especially when we have all these pseudonyms to begin with?????

Andy T said...

There are plenty of dicks out there....

"but that ain't so bad."

Team America scene follows:

http://www.youtube.com/watch?v=2cV_q-mVAAA

You've been warned.

spoonman said...

If your iphone causes you to orgasm, you're probably a dick.

ben22 said...

AT covered some cycles in a recent update

thought this here was pretty interesting

http://www.stockmarketcycles.com/current_observations.htm

ben22 said...

Bulls looking pretty tough

can the Heat close?

Andy T said...

ben.

I always DVR the games so that I can skip through the commercials.

Bulls are a tough team and they don't want to lose on the homecourt for sure.

I imagine it might go down somethig like this tonight.....Bulls build a big lead going into the 4Q...the Heat mount a comeback....it gets really close into the last few minutes and then D.Wade daggers them.

Just a guess.

Hope I'm wrong because I like watching these teams play and wouldn't mind seeing another game in Miami. The NBA "fix" is in...you can sort of tell by some of the calls and non-calls....so, it will take a serious performance by the Heat to win this one tonight.

ben22 said...

I won't spoil it for you

AmenRa said...

16-2 runs will win many a game.

cv said...

It's a BULL MARKET in choke jobs...

Andy T said...

"I imagine it might go down somethig like this tonight.....Bulls build a big lead going into the 4Q...the Heat mount a comeback....it gets really close into the last few minutes and then D.Wade daggers them."

I wanted to say LBJ daggers them but didn't want to be too mainstream....had to maintain some 'contrarian' stance....

Classic.

Andy T said...

Is it ok for everyone to now admit that L.James is actually a "closer?"

that's been the story of the playoff--Nowitzki and James becoming true ManBeasts on the ultimate stage.

Should be a fantastic Finals.

ben22 said...

I'll admit it AT when he wins the finals and plays well, he's closed down the eastern finals before don't forget.

he looked like "the man" these last couple games though, best player on the court all around, his defense might even better better than his offense.

Post a Comment

Disclosure/Warning

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.