AmenRa's Corner 8.20.12

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Doji day. Midpoint above EMA(10). Still above all SMA's. Just missed testing the 0.0% retrace (1419.15). No daily 3LB changes (reversal is 1402.80). QE2infinity.

DXY
Bearish short day. Midpoint below EMA(10). Tested and held the 38.2% minor retrace (82.46). Tested and failed SMA(55). No dally 3LB changes (reversal is 82.21).

VIX
Inverted hammer day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 0.0% retrace (14.27). No daily 3LB changes (reversal is 15.28).

GOLD
Bullish short day. Midpoint above EMA(10). Holding above its 61.8% retrace (1605.10). Tested and held SMA(21,89). No daily 3LB changes (reversal is 1638.90). Must have the precious.

EURUSD
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (1.2154). No daily 3LB changes (reversal is 1.2400).

JNK
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).

10YR YIELD
Bearish short day. Tested and failed SMA(144). Midpoint above EMA(10). Now failing its 50.0% minor retrace (18.42). No daily 3LB changes (reversal is 16.88).

WTI
Bearish short day. Holding above SMA(89). Midpoint above EMA(10). Tested and held its 38.2% retrace (95.94). New high on dally 3LB (reversal is 93.96).

SILVER
Bullish long day. Tested and held SMA(89). Midpoint above EMA(10). Holding above its 100.0% retrace (26.66). New high on daily 3LB (reversal is 26.29).

BKX
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 46.73).

HYG/LQD
Bearish short day. Tested and failed SMA(144,233). Midpoint above EMA(10). Tested and failed its 50.0% minor retrace (0.7722). No daily 3LB changes (reversal is 0.7658).

COPPER
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21,55). Tested and held its 50.0% minor retrace (3.359). No daily 3LB changes (reversal is 3.540).

AAPL
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Holding above its new 0.0% retrace (648.19). New high on daily 3LB (reversal is 631.69).

IT HAS BEGUN. YOU HAVE BEEN WARNED.