Creditcane™: Split a piece of wood, I am there. Lift up the stone, and you will find me there. I am Creditcane.
SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Holding above the 38.2% retrace (1241.13). No daily 3LB changes (reversal is 1265.43). QE2infinity. Still above weekly 3LB mid and the monthly 3LB mid.
DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 0.0% retrace (81.02). Still above all SMA's. New high on daily 3LB (reversal is 80.24).
VIX
Bearish short day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 38.2% minor retrace (21.62). Daily 3LB reversal down (reversal is 23.52). The grip of the "fear" zone has been eliminated (for now).
GOLD
Spinning top day. Midpoint above EMA(10). Holding above its 61.8% retrace (1592.30). Tested and failed SMA(21). No daily 3LB changes (reversal is 1564.10). Must have the precious.
EURUSD
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 0.0% retrace (1.2777). New low on daily 3LB changes (reversal is 1.2953).
JNK
Bearish short day. Midpoint above EMA(10). Tested and held SMA(144). Holding above its 50.0% retrace (38.24). No daily 3LB changes (reversal is 38.94).
10YR YIELD
Bearish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.68).
WTI
Spinning top day (evening star confirmed but not by much). Still above all SMA's. Midpoint above EMA(10). Tested and failed its 61.8% retrace (101.94). No dally 3LB changes (reversal is 99.68). Not confirming the monthly 3LB reversal down.
SILVER
Bearish short day. Failing all SMA's. Midpoint above EMA(10). Failing its 61.8% minor retrace (29.76). No daily 3LB changes (reversal is 27.24).
BKX
Hanging man day. Midpoint above EMA(10). Holding above SMA(144). Tested and held its 38.2% retrace (41.37). No daily 3LB changes (reversal is 35.94).
HYG/LQD
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Tested and held its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7818).
COPPER
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed its 61.8% minor retrace (3.452). No daily 3LB changes (reversal is 3.615).
BAC
Spinning top day. Midpoint above EMA(10). Tested and held SMA(89). Holding above its 0.0% retrace (5.03). No daily 3LB changes (reversal is 5.60).
IT HAS BEGUN. YOU HAVE BEEN WARNED.