AmenRa's Corner 9.11.12

In a secret room in the subbasement of 33 Liberty Street...
In brightest day, in blackest night,
No shorts shall escape my sight
Let those who worship the shorts might,
Beware my power, PPT's light!!!



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1432.12). No daily 3LB changes (reversal is 1399.48). QE2infinity.



DXY
Bearish long day. Midpoint below EMA(10). Tested and failed the 38.2% retrace (79.97). Still failing all SMA's. New low on dally 3LB (reversal is 81.21).



VIX
Bullish short day (confirmed bullish engulfing). Midpoint below EMA(10). Tested and held SMA(21). Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 17.98).



GOLD
Bullish short day. Midpoint above EMA(10). Tested and held its 38.2% retrace (1730.90). Still above all SMA's. No daily 3LB changes (reversal is 1687.60). Must have the precious.



EURUSD
Bullish short day. Midpoint above EMA(10). Tested and held SMA(144). Holding above its 61.8% minor retrace (1.2750). New high on daily 3LB (reversal is 1.2601).



JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (40.10). New high on daily 3LB (reversal is 40.03).



10YR YIELD
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Still failing its 38.2% minor retrace (17.47). New high on daily 3LB (reversal is 16.20).



WTI
Bullish short day. Tested and held SMA(144). Midpoint above EMA(10). Tested and held its 38.2% retrace (95.94). No dally 3LB changes (reversal is 97.26).



SILVER
Spinning top day (weak confirmation of bearish harami). Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (32.15). No daily 3LB changes (reversal is 31.44).



BKX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (49.10). New high on daily 3LB (reversal is 47.38).



HYG/LQD
Bullish short day. Tested and held SMA(144). Midpoint above EMA(10). Tested and held its 38.2% minor retrace (0.7722). No daily 3LB changes (reversal is 0.7738).



COPPER
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% retrace (3.673). New high on daily 3LB (reversal is 3.503).



AAPL
Spinning top day. Tested and held SMA(21). Midpoint below EMA(10). Still failing its 0.0% retrace (680.87). New low on daily 3LB (reversal is 680.44).



EUFN
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (16.39). New high on daily 3LB (reversal is 16.42).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

Interesting article on how loan loss reserves helping banks might be coming to an end: http://www.financialsense.com/contributors/brian-pretti/running-out-of-runway

AmenRa said...

Germany's high court approves ESM but limits German contribution to 190B. As expected.

AmenRa said...

new

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.