AmenRa's Corner 11.25.11

Posted by AmenRa on Friday, November 25, 2011 / / Comments: (36)
"We did a little shopping ourselves."

Creditcane™: I got your Black Friday right here.


SPX
Inverted hammer day. Midpoint below EMA(10). Failing all SMA's. Tested and failed the 61.8% retrace (1168.03). New low on daily 3LB (reversal is 1192.98). QE2infinity. Yes, the next test of support is still the 38.2% minor retrace (1122.04).



DXY
Bullish long day. Midpoint above EMA(10). Tested and held the 100.0% retrace (79.60). Holding above all SMA's. New high on daily 3LB (reversal is 78.28). Now confirming the monthly 3LB reversal up.



VIX
Spinning top day. Midpoint above EMA(10). Tested and held SMA(55). Tested and held its 38.2% retrace (33.51). No daily 3LB changes (reversal is 48.00). The grip of the "fear" zone is strong.



GOLD
Spinning top day. Midpoint below EMA(10). Failing its 38.2% retrace (1714.40). Still below SMA(21,55,89). No daily 3LB changes (reversal is 1639.80). Must have the precious.



EURUSD
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 100.0% retrace (1.3350) again. New low on daily 3LB (reversal is 1.3511).



JNK
Spinning top day (possible morning star or supernova). Midpoint below EMA(10). Failing all SMA's. Tested and held its 38.2% minor retrace (36.38). No daily 3LB changes (reversal is 37.63).



10YR YIELD
Bullish short day. Failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 19.94).



WTI
Bullish short day. Tested and held SMA(21). Midpoint below EMA(10). Tested and failed its 50.0% retrace (97.35). No dally 3LB changes (reversal is 99.38). Not confirming the monthly 3LB reversal down.



SILVER
Spinning top day. Failing all SMA's. Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (31.85). No daily 3LB changes (reversal is 36.58).



BKX
Inverted hammer day (possible bullish harami also). Midpoint below EMA(10). Failing all SMA's. Failing its 38.2% minor retrace (36.60). No daily 3LB changes (reversal is 40.05).



HYG/LQD
Spinning top day (possible bullish harami). Failing all SMA's. Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (0.7540). No daily 3LB (reversal is 0.7619).



USDJPY
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 61.8% minor retrace (77.497). No daily 3LB changes (reversal is 75.70).



XRT
Bearish short day. Midpoint below EMA(10). Failing all SMA's. Holding above its 38.2% retrace (48.19). New low on daily 3LB (reversal is 50.65).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner

Posted by AmenRa on Wednesday, November 23, 2011 / / Comments: (35)


Creditcane™: How do you want your bull? Deep fried, smoked or baked?


SPX
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Tested and failed the 61.8% retrace (1168.03). New low on daily 3LB (reversal is 1215.65). QE2infinity. Next test of support is the 38.2% minor retrace (1122.04).



DXY
Bullish long day. Midpoint above EMA(10). Tested and held the 38.2% minor retrace (78.71). Holding above all SMA's. New high on daily 3LB (reversal is 78.02). Now confirming the monthly 3LB reversal up.



VIX
Bullish short day (thought it would move more). Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 38.2% retrace (33.51). No daily 3LB changes (reversal is 48.00). The grip of the "fear" zone is strong.



GOLD
Spinning top day. Midpoint below EMA(10). Failing its 38.2% retrace (1714.40). Still below SMA(21,55,89). No daily 3LB changes (reversal is 1639.80). Must have the precious.



EURUSD
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 100.0% retrace (1.3350). New low on daily 3LB (reversal is 1.3540).



JNK
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 50.0% minor retrace (36.62). New low on daily 3LB (reversal is 37.63).



10YR YIELD
Bearish short day. Failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (18.96). New low on daily 3LB (reversal is 19.94).



WTI
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Tested and failed its 50.0% retrace (97.35). New low on dally 3LB (reversal is 99.38). Not confirming the monthly 3LB reversal down.



SILVER
Spinning top day. Failing all SMA's. Midpoint below EMA(10). Tested and held its 38.2% minor retrace (31.85). No daily 3LB changes (reversal is 36.58).



BKX
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Failing its 38.2% minor retrace (36.60). New low on daily 3LB (reversal is 40.05).



HYG/LQD
Bearish long day. Failing all SMA's. Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (0.7540). New low on daily 3LB (reversal is 0.7619).



USDJPY
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Failing its 61.8% minor retrace (77.497). No daily 3LB changes (reversal is 75.70).



EEM
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 38.2% retrace (36.78). New low on daily 3LB (reversal is 40.38).



COPPER
Spinning top day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 38.2% minor retrace (3.316). New low on daily 3LB (reversal is 3.441).



TED Spread
trend=up
high= 0.4680
rev= 0.4090; mid= 0.4385





IT HAS BEGUN. YOU HAVE BEEN WARNED.

Morning Corner 11.23.11

Posted by AmenRa / / Comments: (35)
ES (daily info)
new low 1182.75
trend=down
low= 1182.75
rev= 1214.75; mid= 1198.75


ES is now below its 50.0% retrace. It's below its weekly 3LB mid. It's below all SMA's. Looking to test the 61.8% retrace (which may happen very quickly now that the EU problems are getting exponentially worse).



AUDJPY (weekly info)
-no change (below mid)
trend=up
high= 0.8080
rev= 0.7400; mid= 0.7740


The proxy for risk in the EU is screaming it dives below the SMA(233), SMA(144) and the 61.8% retrace. The 3/11 low and 10/11 low are the next areas of support. That support may act like someone trying to walk on water.

AmenRa's Corner

Posted by AmenRa on Tuesday, November 22, 2011 / / Comments: (10)
...can prevent market melt ups based on bs IMF rumors.


Creditcane™: You are under my spell.


SPX
Spinning top day. Midpoint below EMA(10). Failing all SMA's. Failing the 50.0% retrace (1204.50). New low on daily 3LB (reversal is 1216.13). QE2infinity. Now looking to test the 61.8% retrace.



DXY
Spinning top day. Midpoint above EMA(10). Tested and held the 61.8% minor retrace (78.16). Holding above all SMA's. No daily 3LB changes (reversal is 77.93). Not confirming the monthly 3LB reversal up…yet.



VIX
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and failed its 38.2% retrace (33.51). No daily 3LB changes (reversal is 48.00). The grip of the "fear" zone is strong.



GOLD
Bullish short day. Midpoint below EMA(10). Failing its 38.2% retrace (1714.40). Still below SMA(21,55,89). No daily 3LB changes (reversal is 1639.80). Must have the precious.



EURUSD
Bullish short day. Midpoint below EMA(10). Failing all SMA's. Still failing its 61.8% minor retrace (1.3596). No daily 3LB changes (reversal is 1.3707).



JNK
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Failing its 38.2% retrace (37.62). New low on daily 3LB (reversal is 38.40).



10YR YIELD
Bearish short day. Failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (21.37). New low on daily 3LB (reversal is 20.01).



WTI
Spinning top day. Still above all SMA's. Midpoint below EMA(10). Tested and held its 50.0% retrace (97.35). No dally 3LB changes (reversal is 102.60). Not confirming the monthly 3LB reversal down.



SILVER
Bullish long day. Failing all SMA's. Midpoint below EMA(10). Tested and held its 38.2% minor retrace (31.85). No daily 3LB changes (reversal is 36.58).



BKX
Bearish short day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 38.2% minor retrace (36.60). New low on daily 3LB (reversal is 41.97).



HYG/LQD
Bearish long day. Now failing all SMA'a. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (0.7592). New low on daily 3LB (reversal is 0.7639).



USDJPY
Spinning top day. Midpoint below EMA(10). Tested and held SMA(55). Failing its 61.8% minor retrace (77.497). No daily 3LB changes (reversal is 75.70).



TLT
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (118.79). New high on daily 3LB (reversal is 115.88).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

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.