AmenRa's Corner 8.22.12

Posted by AmenRa on Wednesday, August 22, 2012 /



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


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



DXY
Bearish long day. Midpoint below EMA(10). Tested and failed the 50.0% minor retrace (81.99). Tested and failed SMA(89). New low on dally 3LB (reversal is 82.64).



VIX
Bearish short day. Midpoint above EMA(10). Still failing all SMA's. Holding above its 0.0% retrace (14.27). No daily 3LB changes (reversal is 15.28).



GOLD
Doji day. Midpoint above EMA(10). Holding above its 61.8% retrace (1605.10). Tested and held SMA(144). New high on daily 3LB (reversal is 1555.10). Must have the precious.



EURUSD
Bullish long day. Midpoint above EMA(10). Holding above SMA(55). Tested and held its 38.2% minor retrace (1.2522). New high on daily 3LB (reversal is 1.2293).



JNK
Doji day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 50.0% minor retrace (39.86). No daily 3LB changes (reversal is 39.33).



10YR YIELD
Bearish long day. Still failing SMA(144). Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 16.88).



WTI
Bullish short day. Tested and held SMA(144,233). Midpoint above EMA(10). Holding above its 38.2% retrace (95.94). New high on dally 3LB (reversal is 95.89).



SILVER
Bullish short day. Holding above SMA(89). Midpoint above EMA(10). Holding above its 100.0% retrace (26.66). New high on daily 3LB (reversal is 28.27).



BKX
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (46.14). No daily 3LB changes (reversal is 46.98).



HYG/LQD
Bearish short day. Now failing 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
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and held its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.540).



AAPL
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 0.0% retrace (665.15). New high on daily 3LB (reversal is 636.34).



TLT
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and held its 50.0% minor retrace (123.66). No daily 3LB changes (reversal is 125.07).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

2 comments:

AmenRa said...

Oddly enough I haven't seen many news articles that interest me. Most of them are repeats of the BS used to boost the markets. Most economic reports are twisted to hide the truth.

August 22, 2012 at 11:56 PM
AmenRa said...

ECB and "secret" caps on bond yields. YGBFKM

August 23, 2012 at 10:04 AM

Post a Comment

Disclosure/Warning

This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.