AmenRa's Corner 5.11.12

Posted by AmenRa on Friday, May 11, 2012 / / Comments: (7)
"Thanks for buying the dance tickets JPM. Will you have any more available next week?"


Creditcane™: JPM is trying to usurp my gig.


SPX
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and failed the 50.0% minor retrace (1357.98). New low on daily 3LB (reversal is 1382.20). Had a weekly 3LB confirmation of the reversal down. QE2infinity.
DXY
Bullish short day. Midpoint above EMA(10). Tested and failed the 38.2% minor retrace (80.33). Still above all SMA's. New high on daily 3LB (reversal is 78.92). Still above weekly 3LB mid.
VIX
Bearish short day (w/long tail). Midpoint above EMA(10). Still above all SMA's. Tested and held its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 20.39).
GOLD
Bearish short day. Midpoint below EMA(10). Tested and failed its 61.8% retrace (1598.10). Failing all SMA's. New low on daily 3LB (reversal is 1614.10). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Failing its 38.2% minor retrace (1.3057). New low on daily 3LB (reversal is 1.3341).
JNK
Bullish long day. Midpoint below EMA(10). Tested and held SMA(55). Tested and failed its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).
10YR YIELD
Bearish short day (closed gap). Still failing all SMA's. Midpoint below EMA(10). Still failing its 0.0% retrace (18.96). No daily 3LB changes (reversal is 18.35).
WTI
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Failing its 50.0% retrace (99.04). New low on dally 3LB (reversal is 97.94). Still below the monthly 3LB mid.
SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (29.92). New low on daily 3LB (reversal is 29.46).
BKX
Bearish short day. Midpoint below EMA(10). Tested and held SMA(89). Tested and held its 61.8% retrace (46.14). New low on daily 3LB (reversal is 47.93).
HYG/LQD
Doji day. Tested and failed SMA(21,144). 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 failed SMA(144). Tested and failed its 38.2% retrace (3.660). New low on daily 3LB changes (reversal is 3.721).
AAPL
Bearish short day. Failing SMA(55). Midpoint below EMA(10). Holding above its 61.8% minor retrace (563.20). No daily 3LB changes (reversal is 560.28).
AUDJPY
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 50.0% minor retrace (0.8011). No daily 3LB changes (reversal is 0.8348).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 5.10.12

Posted by AmenRa on Thursday, May 10, 2012 / / Comments: (22)
"It's too late. There is no escape."


Creditcane™: I almost created the market close from hell.


SPX
Bullish short day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and held the 50.0% minor retrace (1357.98). No daily 3LB changes (reversal is 1416.51). QE2infinity.
DXY
Bearish short day. Midpoint above EMA(10). Tested and held the 50.0% minor retrace (79.96). Still above all SMA's. New high on daily 3LB (reversal is 78.71). Still above weekly 3LB mid.
VIX
Spinning top day (w/volatility). Midpoint above EMA(10). Still above all SMA's. Tested and held its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 20.39).
GOLD
Spinning top day. Midpoint below EMA(10). Tested and failed its 61.8% retrace (1598.10). Failing all SMA's. No daily 3LB changes (reversal is 1645.10). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Failing its 38.2% minor retrace (1.3057). New low on daily 3LB (reversal is 1.3341).
JNK
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(55). Tested and failed its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).
10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested an failed its 0.0% retrace (18.96). Daily 3LB reversal up (reversal is 18.35).
WTI
Spinning top day (didn't confirm hammer). Still failing all SMA's. Midpoint below EMA(10). Failing its 50.0% retrace (99.04). New low on dally 3LB (reversal is 97.94). Still below the monthly 3LB mid.
SILVER
Bearish short day (didn't confirm dragonfly doji). Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (29.92). New low on daily 3LB (reversal is 30.01).
BKX
Bullish short day. Midpoint below EMA(10). Holding above SMA(89). Holding above its 61.8% retrace (46.14). No daily 3LB changes (reversal is 48.87).
HYG/LQD
Spinning top day. Tested and failed SMA(21,144). Midpoint below EMA(10). Tested and failed its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
COPPER
Spinning top day. Midpoint below EMA(10). Tested and held SMA(144). Tested and held its 38.2% retrace (3.660). No daily 3LB changes (reversal is 3.736).
AAPL
Bearish short day. Failing SMA(55). Midpoint below EMA(10). Holding above its 61.8% minor retrace (563.20). No daily 3LB changes (reversal is 560.28).




IT HAS BEGUN. YOU HAVE BEEN WARNED.


AmenRa's Corner 5.9.12

Posted by AmenRa on Wednesday, May 9, 2012 / / Comments: (12)
"Is it time yet? Well?"


Creditcane™: Otra vez: There should have been more pain.


SPX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and failed the 50.0% minor retrace (1357.98). New low on daily 3LB (reversal is 1416.51). QE2infinity.
DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 50.0% minor retrace (79.96). Now above all SMA's. Daily 3LB reversal up (reversal is 78.71). Back above weekly 3LB mid.
VIX
Spinning top day (w/volatility). Midpoint above EMA(10). Now above all SMA's. Tested and failed its 50.0% minor retrace (20.22). No daily 3LB changes (reversal is 20.39).
GOLD
Bearish short day. Midpoint below EMA(10). Tested and failed its 61.8% retrace (1598.10). Failing all SMA's. New low on daily 3LB (reversal is 1645.10). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Failing its 38.2% minor retrace (1.3057). New low on daily 3LB (reversal is 1.3465).
JNK
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(233). Failing its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).
10YR YIELD
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Failing its 0.0% retrace (18.96). New low on daily 3LB (reversal is 18.80).
WTI
Hammer day. Now failing all SMA's. Midpoint below EMA(10). Failing its 50.0% retrace (99.04). New low on dally 3LB (reversal is 98.49). Still below the monthly 3LB mid.
SILVER
Dragonfly doji day (which is usually a reversal in an uptrend). Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (29.92). New low on daily 3LB (reversal is 30.42).
BKX
Bearish short day. Midpoint below EMA(10). Tested and held SMA(89). Tested and held its 61.8% retrace (46.14). New low on daily 3LB (reversal is 48.87).
HYG/LQD
Spinning top day. Tested and failed SMA(21,144). Midpoint below EMA(10). Failing its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
COPPER
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed its 38.2% retrace (3.660). New low on daily 3LB (reversal is 3.736).
AAPL
Bullish short day. Failing SMA(55). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (563.20). No daily 3LB changes (reversal is 560.28).
BAC
Bullish short day. Midpoint below EMA(10). Failing SMA(89). Holding above its 61.8% minor retrace (7.37). New low on daily 3LB (reversal is 8.11).




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.