AmenRa's Corner 5.4.12

Posted by AmenRa on Friday, May 4, 2012 / / Comments: (17)



Creditcane™: Can you hear me now?!?


SPX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21,55). Tested and failed the 38.2% minor retrace (1372.42). Failing the lower trend line (10/4-11/28). No daily 3LB changes (reversal is 1419.04). Had a weekly 3Lb reversal down. QE2infinity.
DXY
Bullish long day. Midpoint above EMA(10). Failing the 61.8% minor retrace (79.60). Tested and held SMA(21,55). No daily 3LB changes (reversal is 80.08). Still below weekly 3LB mid.
VIX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 20.39).
GOLD
Bullish short day. Midpoint below EMA(10). Failing its 50.0% retrace (1661.00). Failing SMA(21). No daily 3LB changes (reversal is 1706.50). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Bearish long day. Midpoint below EMA(10). Now failing all SMA's. Tested and failed its 50.0% minor retrace (1.3142). No daily 3LB changes (reversal is 1.3465).
JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).
10YR YIELD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (18.96). New low on daily 3LB (reversal is 19.52).
WTI
Bearish long day. Tested and failed SMA(144). Midpoint below EMA(10). Tested and failed its 50.0% retrace (99.04). Dally 3LB reversal down (reversal is 106.16). Back below the monthly 3LB mid.
SILVER
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 61.8% minor retrace (29.92). No daily 3LB changes (reversal is 31.12).
BKX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 49.00).
HYG/LQD
Bearish short day. Tested and failed SMA(55,89). Midpoint below EMA(10). Tested and failed its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
COPPER
Bearish short day. Midpoint below EMA(10). Tested and held SMA(21). Failing its 50.0% retrace (3.846). New low on daily 3LB (reversal is 3.843).
AAPL
Bearish long day. Tested and failed SMA(55). Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (577.84). No daily 3LB changes (reversal is 560.28). Closed rising window (3/13/12-3/14/12).
RBOB Gasoline
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed its 38.2% retrace (3.02). New low on daily 3LB (reversal is 3.10).
COP (Conoco Phillips)
WEEKLY CONFIRMATION new low 53.17
trend=no
direction=down (2 bars)
low= 53.17
rev= 59.19; mid=56.18

monthly info -no change (above mid)
trend=no; direction=down (2 bars)
low= 48.27; rev= 60.87; mid= 54.57




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 5.3.12

Posted by AmenRa on Thursday, May 3, 2012 / / Comments: (9)



Creditcane™: This exit is too crowded. You'll need to find another one. Rapido.

SPX
Bearish short day. Midpoint above EMA(10). Holding above SMA(21). Holding above the 38.2% minor retrace (1372.42). Failing the lower trend line (10/4-11/28). No daily 3LB changes (reversal is 1419.04). QE2infinity.
DXY
Doji day. Midpoint above EMA(10). Failing the 61.8% minor retrace (79.60). Tested and held SMA(144). No daily 3LB changes (reversal is 80.08). Still below weekly 3LB mid.
VIX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55). Failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 20.39).
GOLD
Bearish long day. Midpoint below EMA(10). Failing its 50.0% retrace (1661.00). Tested and failed SMA(21). No daily 3LB changes (reversal is 1706.50). Back below its monthly 3LB mid. Must have the precious.
EURUSD
Doji day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and held its 50.0% minor retrace (1.3142). No daily 3LB changes (reversal is 1.3465).
JNK
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).
10YR YIELD
Doji day. Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (21.37). No daily 3LB changes (reversal is 19.74).
WTI
Bearish long day. Tested and failed SMA(21,89). Midpoint below EMA(10). Tested and failed its 61.8% retrace (103.42). No dally 3LB changes (reversal is 101.46). Not confirming the monthly 3LB reversal down.
SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 61.8% minor retrace (29.92). New low on daily 3LB (reversal is 31.12).
BKX
Bearish short day. Midpoint below EMA(10). Tested and held SMA(21). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 49.00).
HYG/LQD
Bearish short day. Tested and failed SMA(89). Midpoint above EMA(10). Holding above its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
COPPER
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(89). Failing its 50.0% retrace (3.846). Daily 3LB reversal down (reversal is 3.843).
AAPL
Bearish short day. Holding above SMA(55). Midpoint below EMA(10). Holding above its 50.0% minor retrace (577.84). No daily 3LB changes (reversal is 560.28).
EUFN
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 61.8% minor retrace (16.39). No daily 3LB changes (reversal is 16.94).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 5.2.12

Posted by AmenRa on Wednesday, May 2, 2012 / / Comments: (7)



Creditcane™: Even if I count to 10e12 you can't hide from my wrath.


SPX
Bearish short day. Midpoint above EMA(10). Holding above SMA(21). Holding above the 38.2% minor retrace (1372.42). Failing the lower trend line (10/4-11/28). No daily 3LB changes (reversal is 1419.04). QE2infinity.
DXY
Bullish long day. Midpoint below EMA(10). Failing the 61.8% minor retrace (79.60). Tested and held SMA(144). No daily 3LB changes (reversal is 80.08). Still below weekly 3LB mid.
VIX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55). Failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 20.39).
GOLD
Bearish short day. Midpoint above EMA(10). Tested and failed its 50.0% retrace (1661.00). Tested and held SMA(21). No daily 3LB changes (reversal is 1706.50). Still above monthly 3LB mid. Must have the precious.
EURUSD
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and held its 50.0% minor retrace (1.3142). No daily 3LB changes (reversal is 1.3465).
JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).
10YR YIELD
Bullish short day (still closed lower). Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (21.37). No daily 3LB changes (reversal is 19.74).
WTI
Bearish short day. Tested and failed SMA(55). Midpoint above EMA(10). Holding above its 61.8% retrace (103.42). No dally 3LB changes (reversal is 101.46). Not confirming the monthly 3LB reversal down.
SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (30.97). No daily 3LB changes (reversal is 33.17).
BKX
Bearish short day. Midpoint above EMA(10). Tested and held SMA(21). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 49.00).
HYG/LQD
Bullish long day. Tested and held SMA(89,233). Midpoint above EMA(10). Holding above its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
COPPER
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(55). Failing its 50.0% retrace (3.846). No daily 3LB changes (reversal is 3.773).
AAPL
Bullish short day. Tested and held SMA(55). Midpoint below EMA(10). Tested and held its 50.0% minor retrace (577.84). No daily 3LB changes (reversal is 560.28).




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.