AmenRa's Corner 10.22.12

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
Doji day. Midpoint below EMA(10). Tested and held SMA(55). Still failing the 0.0% retrace (1463.76). No daily 3LB changes (reversal is 1465.77). QE2infinity. Still below the trend line and back below the lowest trend line.



DXY
Bearish short day. Midpoint above EMA(10). Still failing the 38.2% retrace (79.97). Tested and failed SMA(21). No dally 3LB changes (reversal is 80.10).



VIX
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(144). Holding above its 0.0% retrace (14.27). New high on daily 3LB (reversal is 14.05).



GOLD
Spinning top day. Midpoint below EMA(10). Tested and failed its 38.2% retrace (1730.90). Tested and held SMA(55). No daily 3LB changes (reversal is 1765.00). Must have the precious.



EURUSD
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Still failing its 38.2% retrace (1.3127). No daily 3LB changes (reversal is 1.2862).



JNK
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (40.10). No daily 3LB changes (reversal is 40.73).



10YR YIELD
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 18.70).



WTI
Bearish short day. Now failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (89.18). No dally 3LB changes (reversal is 92.95).



SILVER
Bullish short day. Tested and held SMA(55). Midpoint below EMA(10). Tested and held its 38.2% minor retrace (32.24). No daily 3LB changes (reversal is 34.95).



BKX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and held its 50.0% minor retrace (50.01). No daily 3LB changes (reversal is 51.64).



HYG/LQD
Bearish 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 0.7800).



COPPER
Bearish short day. Midpoint below EMA(10). Tested and held SMA(233). Still failing its 38.2% retrace (3.673). New low on daily 3LB (reversal is 3.832).



AAPL
Bullish long day. Tested and held SMA(89,144). Midpoint below EMA(10). Tested and held its 50.0% minor retrace (629.73). No daily 3LB changes (reversal is 638.17).



CCI
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% minor retrace (578.89). No daily 3LB changes (reversal is 569.70).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

Somebody better wake up Katherine....

AmenRa said...

It's not everyday you get five down candles at the open. Plus not one positive TICK reading yet (8 min in).

AmenRa said...

Dear Bulls:

Sometimes it's better to just get out of the way.

Sincerely,

Da Bears

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