AmenRa's Corner

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

Creditcane™: See what happens when you don't let me finish my morning coffee?

SPX
Bearish long day. Midpoint below EMA(10). Failed SMA(21). Tested and failed the 50.0% retrace (1204.58) and the 61.8% retrace (1168.03). No daily 3LB changes (reversal is 1254.05). QE2infinity. Back below the daily and weekly mids.



DXY
Spinning top day. Midpoint above EMA(10). Tested and held the 61.8% retrace (77.27). Still above all SMA's. No daily 3LB changes (reversal is 75.95). Now above the monthly 3LB reversal price.



VIX
Bullish long day. Midpoint above EMA(10). Held SMA(21). Failing its 0.0% retrace (45.40). Tested and held its 38.2% retrace (33.51). No daily 3LB changes (reversal is 25.25). Still on parole from the "extreme fear" but has been located.



GOLD
Doji day. Midpoint below EMA(10). Tested and held its 61.8% minor retrace (1792.12). Failing SMA(21). No daily 3LB changes (reversal is 1891.90). Must have the precious.



EURUSD
Bearish long day. Midpoint below EMA(10). Still below all SMA's. Tested and failed its 38.2% minor retrace (1.3671). No daily 3LB changes (reversal is 1.3972).



JNK
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% retrace (38.07). No daily 3LB changes (reversal is 39.59).



10YR YIELD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (18.96). New low on daily 3LB (reversal is 19.96).



WTI
Spinning top day. Failing SMA(21). Midpoint below EMA(10). Holding above its 0.0% retrace (80.32). Tested and failed its 50.0% minor retrace (86.00). No dally 3LB changes (reversal is 92.27).



SILVER
Bullish shoer day (confirmed bullish harami). Tested and held SMA(55). Midpoint below EMA(10). Failing its 38.2% retrace (40.74). No daily 3LB changes (reversal is 37.94).



BKX
Bearish long day. Midpoint below EMA(10). Failing SMA(21). Tested and failed its 0.0% retrace (36.25). New low on daily 3LB (reversal is 37.00).



HYG/LQD
Spinning top day (confirmed hanging man). Tested and failed SMA(21). Midpoint above EMA(10). No test of its 0.0% retrace (0.7427). Holding above its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7910).



USDJPY
Bullish short day. Midpoint below EMA(10). Failing SMA(21). Failing its 61.8% minor retrace (77.497). Tested and failed its 38.2% retrace (76.561). No daily 3LB changes (reversal is 77.54).

IT HAS BEGUN. YOU HAVE BEEN WARNED.