Creditcane™: I am the master of your fate. I am the captain of your soul.
Bearish long day. Midpoint below EMA(10). Failing SMA(89). Tested and failed the 61.8% minor retrace (1343.55). New low on daily 3LB (reversal is 1358.59). QE2infinity.
Bullish long day. Midpoint above EMA(10). Tested and held the 38.2% minor retrace (80.33). Still above all SMA's. New high on daily 3LB (reversal is 80.08). Still above weekly 3LB mid.
Bullish short day (hanging man? probably not). Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (21.62). Daily 3LB reversal up (reversal is 16.24).
Bearish long day. Midpoint below EMA(10). Failing its 61.8% retrace (1598.10). Failing all SMA's. New low on daily 3LB (reversal is 1604.50). Still below its monthly 3LB mid. Must have the precious.
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Failing its 38.2% minor retrace (1.3057). New low on daily 3LB (reversal is 1.3028).
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(89). Failing its 38.2% minor retrace (39.62). Daily 3LB reversal down (reversal is 39.73).
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (17.76). Daily 3LB reversal down (reversal is 18.84).
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 38.2% retrace (94.65). New low on dally 3LB (reversal is 97.01). Still below the monthly 3LB mid.
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (30.00). New low on daily 3LB (reversal is 29.24).
Bearish long day. Midpoint below EMA(10). Now failing SMA(89). Tested and failed its 61.8% retrace (46.14). New low on daily 3LB (reversal is 46.83).
Bearish long day. Now failing all SMA's. Midpoint below EMA(10). Failing its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed its 38.2% retrace (3.660). New low on daily 3LB changes (reversal is 3.678).
Bearish short day. Failing SMA(55). Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (563.20). Daily 3LB reversal down (reversal is 610.00).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
12 comments:
Futures keep trying to push higher but DXY, EURUSD, AUDJPY and WTI are bringing them back to reality.
http://www.chron.com/business/press-releases/article/Facebook-Co-Founder-Eduardo-Saverin-Renounces-US-3558119.php
Andy T
I've been hearing about that for a few days now. I wonder how thrilled the IRS is with this move.
Ra,
The IRS is probably more worried about the fact that the number of people doing this is rising so rapidly
but they'll still get money:
http://www.irs.gov/businesses/small/international/article/0,,id=97245,00.html#_Expatriation_On_or_Before%20June%203,%202_1
b22
Yeah, I believe there is a penalty the IRS makes one pay to get out from under US citizenship. I guess the penalty is used to make up for the lost taxes (over a lifetime) that US would have received.
Market is itching to roll over...
Alert.
S&P 500 under 1338...
Team Bernanke needs to get on the case quick.
SPX 1300.49 next support using previous lows. There's also SMA(144) at 1315.73 and the 38.2% retrace at 1296.82.
Looks like Brian Sack was rehired...
Wait. Nevermind. Sack's scan card has been deactivated and he can't enter the building.
It's not about support. It's about holding the round number (or the 5). Either way it sounds good on the nightly business report.
New thread.
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