AmenRa's Corner 3.29.12

"What's my name punk? It's Dow Jones and you better not forget it."


Creditcane™: Someone tased me after the EU close.


SPX
Hanging man day. Midpoint above EMA(10). Holding above all SMA's. Failing the 0.0% retrace (1416.58). Tested and held the lower line. No daily 3LB changes (reversal is 1392.78). QE2infinity.



DXY
Spinning top day. Midpoint below EMA(10). Failing the 61.8% minor retrace (79.60). Failing SMA(21). No daily 3LB changes (reversal is 79.79).



VIX
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 100.0% retrace (14.27). No daily 3LB changes (reversal is 15.64).



GOLD
Doji day. Midpoint below EMA(10). Tested and held its 50.0% retrace (1658.40). Failing all SMA's. No daily 3LB changes (reversal is 1714.10). Still above monthly 3LB mid. Must have the precious.



EURUSD
Bearish short day. Midpoint above EMA(10). Failing SMA(144). Holding above its 61.8% minor retrace (1.3227). No daily 3LB changes (reversal is 1.3465).



JNK
Bullish short day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.88).



10YR YIELD
Bearish short day. Tested and held SMA(21). Midpoint below EMA(10). Failing its 50.0% minor retrace (22.11). New low on daily 3LB changes (reversal is 22.98).



WTI
Bearish long day. Tested and failed SMA(55). Midpoint below EMA(10). Tested and held its 61.8% retrace (102.98). New low on dally 3LB (reversal is 110.31). Not confirming the monthly 3LB reversal down.



SILVER
Spinning top day. Tested and failed SMA(89). Midpoint below EMA(10). Tested and held its 38.2% minor retrace (32.01). No daily 3LB changes (reversal is 32.79).



BKX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 50.0% minor retrace (50.01). No daily 3LB changes (reversal is 49.09).



HYG/LQD
Bullish short day. Tested and failed SMA(233). Midpoint below EMA(10). Failing its 50.0% retrace (0.7942). No daily 3LB changes (reversal is 0.7846).



COPPER
Spinning top day. Midpoint below EMA(10). Failing SMA(21,55). Failing its 50.0% retrace (3.839). No daily 3LB changes (reversal is 3.987).



AAPL
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 0.0% retrace (616.28). No daily 3LB changes (reversal is 605.96).



RBOB Gasoline
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Failing its 0.0% retrace (3.37). No daily 3LB changes (reversal is 3.32).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

15 comments:

b22 said...

you can get a good look at a t-bone by sticking your head up a bulls ass but wouldn't you rather take Jeremy Siegal's word for it?

Anonymous said...

"...you can get a good look at a t-bone by sticking your head up a bulls ass..."

that's a 'Classic' line from a 'what's his face'-Movie, right? (Leslie Nielson(sp?)) ..
~~

""What's my name punk? It's Dow Jones and you better not forget it.""

another good Caption..~

ibid.

Anonymous said...

tommy boy/farley

Anonymous said...

tommy boy/farley

Twice.

that's what it was~!

ibid.

qqqqtrader said...

LOL,
NICE! pics Ra

lets try this again,
bot a bunch of 'em
SSO APR $60 calls @.45/.50

almost forgot about this site I started years ago, kind of a link storage place.

AmenRa said...

Crap. Futures appear to be bear hunters cleaning their weapons.

cv said...

@Amen

Is that a foto of, like, the CNBC standard issue paper weight?

Hilarious said...

AmenRa - That photo is great.

Mutt

Andy T said...

I just spat out my coffee with the bull over the bear pic....awesome

cv said...

@Andy

As far as I'm concerned... WE'RE ON (You giving me 4:1 on Tiger Woods winning the 2012 Masters)...

But only on the following condition:

- I lose, I pay you $100 in FRN's...
- You lose, you pay me with 38 "pre 65" Franklins [or, $19 face, pre-1965, coins)...

Deal?

AmenRa said...

CV

CNBC prays to it every morning.

AmenRa said...

CV

Wait a minute. Isn't that the same one that Moses destroyed when he came down from the mountain?

cv said...

@Amen

You mean after he gave them the "15" commandments?...

http://www.youtube.com/watch?v=4TAtRCJIqnk

AmenRa said...

A bear just peeked out of the cave.

AmenRa said...

Enjoy the weekend. New thread up.

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