Creditcane™: Odd that the equity market keeps ignoring the bond market.
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held the 50.0% minor retrace (1357.98). New high on daily 3LB (reversal is 1334.76). QE2infinity.
DXY
Spinning top day. Midpoint above EMA(10). Tested and failed the 0.0% retrace (83.61). Still above all SMA's. New low on daily 3LB (reversal is 83.35).
VIX
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (18.81). New low on daily 3LB (reversal is 18.72).
GOLD
Doji day. Midpoint above EMA(10). Still failing its 61.8% retrace (1600.40). Tested and failed SMA(21). No daily 3LB changes (reversal is 1634.20). Must have the precious.
EURUSD
Doji day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (1.2272). New high on daily 3LB (reversal is 1.2206).
JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (39.62). New high on daily 3LB (reversal is 39.46).
10YR YIELD
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (14.67). No daily 3LB changes (reversal is 16.25).
WTI
Bullish short day. Tested and held SMA(55). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (88.24). New high on dally 3LB (reversal is 84.96).
SILVER
Doji day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).
BKX
Bullish short day (didn't form evening star). Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 61.8% retrace (46.14). New high on daily 3LB (reversal is 44.46).
HYG/LQD
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (0.7678). No daily 3LB changes (reversal is 0.7711).
COPPER
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(55). Holding above its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.305).
AAPL
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). No daily 3LB changes (reversal is 592.52).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
6 comments:
Spain 10yr back up to 6.95%
Italy 10yr is 6.05%
Nice read: http://ftalphaville.ft.com/blog/2012/07/18/1085541/the-terminal-disease-afflicting-banking/
The terminal disease afflicting banking
The market is still trying to drive down NYSE short interest. It keeps going higher but so does the short interest. It appears the bears aren't giving in just yet. But as soon as they do the market will plunge.
http://www.itulip.com/?ref=drhousingbubble.blogspot.com
a good site to review..periodically..~
ibid.
Can't believe an a/c fan motor is that much trouble. Had to take the whole damn thing apart just to get to it. But it's working again. No more 98 degree nights.
New thread.
Post a Comment