AmenRa's Corner 8.3.12

Creditcane™: They poisoned my food and kept me from work today.

SPX
Bullish long day. Midpoint above EMA(10). Now above all SMA's. Tested and held the 38.2% minor retrace (1372.42). New high on daily 3LB (reversal is 1337.89). QE2infinity.

DXY
Bearish long day. Midpoint below EMA(10). Tested and failed the 38.2% minor retrace (82.46). Tested and failed SMA(21,55). New low on daily 3LB (reversal is 82.81).

VIX
Bearish short day. Midpoint below EMA(10). Now failing all SMA's. Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 15.45).

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

EURUSD
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (1.2154). New high on daily 3LB (reversal is 1.2135).

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

10YR YIELD
Bullish long day. Tested and failed SMA(55). Midpoint above EMA(10). Holding above its 0.0% retrace (14.40). New high on daily 3LB (reversal is 14.04).

WTI
Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (90.23). Dally 3LB reversal up (reversal is 87.13).

SILVER
Bullish long day. Tested and held SMA(21). Midpoint below EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).

BKX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,89,144). Tested and failed its 61.8% retrace (46.14). No daily 3LB changes (reversal is 46.33).

HYG/LQD
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (0.7536). No daily 3LB changes (reversal is 0.7501).

COPPER
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 50.0% minor retrace (3.359). No daily 3LB changes (reversal is 3.540).

AAPL
Spinning top day. Now above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). Daily 3LB reversal up (reversal is 574.88).

IT HAS BEGUN. YOU HAVE BEEN WARNED.