AmenRa's Corner 4.11.12

Now these are NOT tears of joy.

Creditcane™: No1 No! No! No! Do not let the enemy get a foothold.

SPX
Bullish harami day. Midpoint below EMA(10). Tested and held SMA(55). Tested and failed the 38.2% minor retrace (1372.42). Failing the lower trend line (10/4-11/28). No daily 3LB changes(reversal is 1419.04). QE2infinity.



DXY
Bearish short day. Midpoint above EMA(10). Tested and failed the 50.0% minor retrace (79.96). Tested and held SMA(21,89). No daily 3LB changes (reversal is 78.98). Still below weekly 3LB mid.



VIX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Tested and failed its 50.0% minor retrace (20.22). No daily 3LB changes (reversal is 16.44).



GOLD
Doji day. Midpoint above EMA(10). Tested and failed its 50.0% retrace (1661.00). Tested and held SMA(21). No daily 3LB changes (reversal is 1706.50). Still above monthly 3LB mid. Must have the precious.



EURUSD
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and failed its 50.0% minor retrace (1.3142). No daily 3LB changes (reversal is 1.3465).



JNK
Spinning top day. Midpoint below EMA(10). Tested and held SMA(233). Tested and held its 61.8% retrace (38.86). No daily 3LB changes (reversal is 39.16).



10YR YIELD
Bullish harami star day. Tested and held SMA(13,89). Midpoint below EMA(10). Failing its 38.2% minor retrace (21.37). No daily 3LB changes (reversal is 21.87).



WTI
Bullish engulfing day. Tested and failed SMA(89). Midpoint below EMA(10). Tested and failed its 61.8% retrace (102.98). No dally 3LB changes (reversal is 105.24). Not confirming the monthly 3LB reversal down.



SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (32.01). No daily 3LB changes (reversal is 33.26).



BKX
Bullish harami day. Midpoint below EMA(10). Still failing SMA(21). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 49.00).



HYG/LQD
Bullish long day (completed morning star?). Tested and failed SMA(144). Midpoint below EMA(10). Failing its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7825).



COPPER
Bearish short day. Midpoint below EMA(10). Failing SMA(89). Tested and failed its 38.2% retrace (3.653). New low on daily 3LB (reversal is 3.918).



AAPL
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Failing its 0.0% retrace (639.84). No daily 3LB changes (reversal is 618.63).

IT HAS BEGUN. YOU HAVE BEEN WARNED.