"The path of the righteous trade is beset on all sides by the iniquities of the selfish and the tyranny of evil speculators. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of darkness, for he is truly his brother’s keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who would attempt to poison and destroy My brothers. And you will know My name is PPT when I lay My vengeance upon thee."
Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above the 38.2% minor retrace (1372.42). No daily 3LB changes (reversal is 1401.35). QE2infinity.
Bullish short day. Midpoint below EMA(10). Tested and held the 38.2% minor retrace (82.46). Tested and held SMA(55). New high on dally 3LB (reversal is 82.21).
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Holding above its 0.0% retrace (14.27). No daily 3LB changes (reversal is 15.32).
Bullish short day. Midpoint below EMA(10). Tested and held its 61.8% retrace (1605.10). Tested and held SMA(21,55). No daily 3LB changes (reversal is 1638.90). Must have the precious.
Spinning top day. Midpoint below EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (1.2154). New low on daily 3LB (reversal is 1.2400).
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 50.0% minor retrace (39.86). No daily 3LB changes (reversal is 39.33).
Bullish short day (4th gap higher - s/b 5 but one was closed). Holding above SMA(89). Midpoint above EMA(10). Tested and held its 38.2% minor retrace (17.47). New high on daily 3LB (reversal is 16.39).
Bullish short day. Holding above SMA(89). Midpoint above EMA(10). Holding above its 61.8% minor retrace (90.23). New high on dally 3LB (reversal is 91.40).
Spinning top day. Tested and held SMA(55). Midpoint below EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (46.14). New high on daily 3LB (reversal is 46.53).
Spinning top day. Holding above SMA(89). Midpoint above EMA(10). Holding above its 38.2% minor retrace (0.7678). New high on daily 3LB (reversal is 0.7647).
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 50.0% minor retrace (3.359). No daily 3LB changes (reversal is 3.540).
Spinning top 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 615.70).
-no change (below mid)
trend=down
low= 53.91
rev= 123.79; mid= 88.85
IT HAS BEGUN. YOU HAVE BEEN WARNED.
1 comments:
http://www.rttnews.com/1949248/u-k-july-retail-sales-unexpectedly-rise-on-promotions-discounting.aspx
U.K. July Retail Sales Unexpectedly Rise On Promotions, Discounting
"Automotive fuel was the major component behind the upward movement in retail in July with sales rising 2.6 percent. Food store sales rose 0.4 percent, while non-food store sales slipped 0.5 percent."
...This is good news? Both these components have to be renewed, and add nothing to the economy (like new jobs) other than cost..
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