AmenRa's Corner 4.16.12



Creditcane™: You can feel me lurking.


SPX
Doji day. Midpoint below EMA(10). Tested and failed 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 long day. Midpoint above EMA(10). Tested and failed the 61.8% minor retrace (79.60). Tested and held SMA(21). 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
Bearish short day. Midpoint below EMA(10). Tested and failed its 50.0% retrace (1661.00). Tested and failed SMA(21). No daily 3LB changes (reversal is 1706.50). Still above monthly 3LB mid. Must have the precious.



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



JNK
Spinning top day. Midpoint above EMA(10). Tested and held SMA(89). Holding above its 61.8% retrace (38.86). No daily 3LB changes (reversal is 38.69).



10YR YIELD
Doji day. Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (21.37). New low on daily 3LB (reversal is 21.59).



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



SILVER
Spinning top 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
Spinning top 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
Doji day. 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
Doji day. Midpoint below EMA(10). Tested and held SMA(144). Failing its 38.2% retrace (3.653). No daily 3LB changes (reversal is 3.717).



AAPL
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (592.47). New low on daily 3LB (reversal is 636.23).



TLT
Doji day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and failed its 50.0% minor retrace (117.17). No daily 3LB changes (reversal is 117.50).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

11 comments:

Andy T said...

I'm having a super awesome time filing my Tax Return right now....

writing the government a check for over $20k right now...

"Doing my part."

AmenRa said...

Andy T

You can be late filing if the government owes you money (they don't mind). But you better not be late if you owe. Reminds me of the old mob enforcers.

Andy T said...

Yeah exactly.

I'm part of a partnership that receives a distribution basis the previous calendar year...
so i knew it was 'coming.'

Checking some of the other forms...my "interest" statement from Wells Fargo is pretty awesome...

Got $12.54 on one 1099-INT. That basic savings account had decent cash in it through the year...thanks Ben Bernanke.

Anonymous said...

Turmeric’s anti-inflammatory potential may offer heart protection following a surgery called coronary artery bypass grafting (CABG), according to research published in Food Chemistry.

Previous research has found cardioprotective potential when humans or animals supplemented with curcuminoid, an active compound found in turmeric root and popularly marketed in dietary supplements.

CABG, also known as heart bypass surgery, is a method of treating coronary heart disease. The procedure is not without its own post-procedure risks, which include heart attack, stroke, and pain.

Thai researchers recruited 121 subjects scheduled to undergo CABG and assigned them to 4 g of curcuminoid (an active compounds in turmeric) or placebo daily. Supplementation began three days before surgery and continued until five days after surgery.

Subjects who supplemented with placebo experienced a 30% risk of heart attack after surgery, compared with a lesser 13% risk in the curcuminoid group. Other markers of pain and inflammation, including C-reactive protein and malondialdehyde, were improved with curcumin over placebo.

The researchers suspect that the antioxidant and anti-inflammatory effects of curcuminoids may have been responsible for heart-protective effects.
http://www.nutritionaloutlook.com/news/turmeric-may-protect-heart-after-cabg-surgery

what's interesting is that 'new' uses of Tumeric have caused tthe 'Market Price', of same, to Jump..

AAIP

AmenRa said...

Damn. Getting a little to close to the weekly 3LB mid. C'mon bears stand your ground.

AmenRa said...

NOOOOOOOOOOOO!!!!!!! CYA bears.

Andy T said...

Love all the bullshit banter from the O-man on commodities.

These guys are so misguided.

CFTC setting the limits on margin?! Genius.

I can tell you...I've had personal experiences with CFTC people...these aren't the jokers you want fucking around with limits.

AmenRa said...

Early last week I looked at the SPY option pain. Pain price was 139.00. F'in amazing.

AmenRa said...

Andy T

I read somewhere that there is not that much speculation in the oil markets. The bulk of it is actual supply and demand. Don't those who plan on taking delivery put aside a little extra in case of margin calls?

b22 said...

Andy,

its cool when "speculators" make stocks go up

its apparently not cool when they make oil go down?

though, its downright criminal if they make oil go up (too much, that is)

regardless, its wonderful that Obama is going to protect us all from evil specs

of course, I wonder: who is going to protect me from Obama?

AmenRa said...

nuevo mensaje...

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