AmenRa's Corner 12.21.12

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Holding above the 38.2% minor retrace (1416.67). No daily 3LB changes (reversal is 1413.58). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.

DXY
Bullish short day. Midpoint below EMA(10). Still failing the 38.2% retrace (79.97). Still failing all SMA's. No dally 3LB changes (reversal is 80.25).

VIX
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 61.8% minor retrace (18.81). New high on daily 3LB (reversal is 17.12).

GOLD
Bullish harami day. Midpoint below EMA(10). Still failing its 50.0% retrace (1670.30). Still failing all SMA's. No daily 3LB changes (reversal is 1693.80). Must have the precious.

EURUSD
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (1.3138). No daily 3LB changes (reversal is 1.3171).

JNK
Bullish short day. Midpoint below EMA(10). Still above all SMA's. Tested and held its 100.0% retrace (40.86). No daily 3LB changes (reversal is 40.76).

10YR YIELD
Bearish short day (closed gap). Still above all SMA's. Midpoint above EMA(10). Tested and held its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 16.97).

WTI
Bearish long day. Tested and held SMA(55). Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (88.97). No dally 3LB changes (reversal is 86.49).

SILVER
Bullish harami day. Now failing all SMA's. Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (30.25). No daily 3LB changes (reversal is 32.28).

BKX
Bearish short short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (50.92). No daily 3LB changes (reversal is 49.71).

HYG/LQD
Spinning top day. Still above all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (0.7722). Daily 3LB reversal down (reversal is 0.7767).

COPPER
Bullish short day. Midpoint below EMA(10). Tested and held SMA(144). Still failing its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.706).

AAPL
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 50.0% retrace (509.60). Still failing BB(2,200). No daily 3LB changes (reversal is 509.79).

CCI
Hammer day. Midpoint below EMA(10). Tested and held SMA(144). Still failing its 61.8% minor retrace (570.80). No daily 3LB changes (reversal is 574.21).

IT HAS BEGUN. YOU HAVE BEEN WARNED.