AmenRa's Corner 1.6.12



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.

AmenRa's Corner 1.5.12




Creditcane™: I brush my teeth with volatility.


SPX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(233). Holding above the 38.2% retrace (1241.13). New high on daily 3LB (reversal is 1265.43). QE2infinity. Still above weekly 3LB mid and the monthly 3LB mid.



DXY
Bullish long day. Midpoint above EMA(10). Tested and held the 0.0% retrace (80.85). Now above all SMA's. New high on daily 3LB (reversal is 79.69).



VIX
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 38.2% minor retrace (21.62). No daily 3LB changes (reversal is 20.73). The grip of the "fear" zone has been eliminated (for now).



GOLD
Bullish short day. Midpoint above EMA(10). Tested and held its 61.8% retrace (1592.30). Tested and failed SMA(21). New high on daily 3LB (reversal is 1564.10). Must have the precious.



EURUSD
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 0.0% retrace (1.2925). New low on daily 3LB changes (reversal is 1.3063).



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
Doji 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
Bearish short day (evening star completed?). 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
Spinning top day. Failing all SMA's. Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (29.76). No daily 3LB changes (reversal is 27.24).



BKX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(144). Tested and held its 38.2% retrace (41.37). New high on daily 3LB (reversal is 35.94).



HYG/LQD
Spinning top day. Holding above SMA(144). Midpoint above EMA(10). Failing its 50.0% retrace (0.7942). No daily 3LB changes (reversal is 0.7818).



COPPER
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(21). Tested and failed its 61.8% minor retrace (3.452). No daily 3LB changes (reversal is 3.615).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 1.4.12

"This is your correlation breaking down..."

Creditcane™: I cause correlations to break down.


SPX
Doji day. Midpoint above EMA(10). Tested and held SMA(233). Holding above the 38.2% retrace (1241.13). New high on daily 3LB (reversal is 1265.33). QE2infinity. Still above weekly 3LB mid and the monthly 3LB mid.



DXY
Bullish long day. Midpoint below EMA(10). Failing the 0.0% retrace (80.73). Tested and held SMA(21). No daily 3LB changes (reversal is 79.14).



VIX
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Holding above its 38.2% minor retrace (21.62). No daily 3LB changes (reversal is 20.73). The grip of the "fear" zone has been eliminated (for now).



GOLD
Spinning top day. Midpoint above EMA(10). Tested and held its 61.8% retrace (1592.30). Tested and held SMA(233). New high on daily 3LB (reversal is 1540.90). Must have the precious.



EURUSD
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (1.2925). No daily 3LB changes (reversal is 1.2947).



JNK
Doji 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
Bullish long 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. Still above all SMA's. Midpoint above EMA(10). Tested and held its 61.8% retrace (101.94). New high on dally 3LB (reversal is 99.68). Not confirming the monthly 3LB reversal down.



SILVER
Bearish short day. Failing all SMA's. Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (29.76). No daily 3LB changes (reversal is 27.24).



BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(144). Holding above its 61.8% minor retrace (38.43). New high on daily 3LB (reversal is 34.72).



HYG/LQD
Bearish short day. Holding above SMA(144). Midpoint above EMA(10). Failing its 50.0% retrace (0.7942). No daily 3LB changes (reversal is 0.7818).



AUDJPY
Doji day. Midpoint above EMA(10). Tested and held SMA(55). Tested and held the 38.2% retrace (0.7841). No daily 3LB changes (reversal is 0.8231).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 1.3.12



Creditcane™: As goes January so goes the year...unless I'm around.


SPX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(233). Holding above the 38.2% retrace (1241.13). New high on daily 3LB (reversal is 1254.00). QE2infinity. Still above weekly 3LB mid and the monthly 3LB mid.



DXY
Bearish long day. Midpoint below EMA(10). Failing the 0.0% retrace (80.39). Tested and failed SMA(21). No daily 3LB changes (reversal is 79.14).



VIX
Doji day. Midpoint below EMA(10). Failing all SMA's. Holding above its 38.2% minor retrace (21.62). No daily 3LB changes (reversal is 20.73). The grip of the "fear" zone has been eliminated (for now).



GOLD
Bullish long day. Midpoint below EMA(10). Tested and held its 61.8% retrace (1592.30). Tested and held SMA(233). Daily 3LB reversal up (reversal is 1540.90). Must have the precious.



EURUSD
Spinning top day. Midpoint above EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (1.3022). Daily 3LB reversal up (reversal is 1.2947).



JNK
Bearish short day. Midpoint above EMA(10). Holding above SMA(144). Holding above its 50.0% retrace (38.24). No daily 3LB changes (reversal is 38.94).



10YR YIELD
Bullish short day. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.68).



WTI
Bullish long day. Now above all SMA's. Midpoint above EMA(10). Tested and held its 61.8% retrace (101.94). New high on dally 3LB (reversal is 98.67). Not confirming the monthly 3LB reversal down.



SILVER
Bullish long day. Failing all SMA's. Midpoint below EMA(10). Holding above its 100.0% minor retrace (26.44). Daily 3LB reversal up (reversal is 27.24).



BKX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(144). Holding above its 61.8% minor retrace (38.43). Daily 3LB reversal up (reversal is 34.72).



HYG/LQD
Spinning top day. Holding above SMA(144). Midpoint above EMA(10). Failing its 50.0% retrace (0.7942). No daily 3LB changes (reversal is 0.7818).



EEM
Spinning top day. Midpoint above EMA(10). Tested and held SMA(55,89). Holding above its 61.8% minor retrace (38.06). No daily 3LB changes (reversal is 36.10).



COPPER
Bullish long day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and held its 61.8% minor retrace (3.452). No daily 3LB changes (reversal is 3.615).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

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.