Creditcane™: Was it as good for you as it was for me?
SPX
Bearish short day. Midpoint below EMA(10). Still failing SMA(144). Tested and failed the 38.2% retrace (1296.82). New low on daily 3LB (reversal is 1330.66). QE2infinity.
DXY
Bearish engulfing day. Midpoint above EMA(10). Tested and failed the 0.0% retrace (81.50). Still above all SMA's. No daily 3LB changes (reversal is 80.61). Still above weekly 3LB mid.
VIX
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (21.62). New high on daily 3LB (reversal is 21.97).
GOLD
Bullish long day. Midpoint below EMA(10). Failing its 61.8% retrace (1598.10). Failing all SMA's. Daily 3LB reversal up (reversal is 1536.60). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (1.2782). No daily 3LB changes (reversal is 1.2845).
JNK
Bearish harami day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 50.0% retrace (38.24). No daily 3LB changes (reversal is 39.23).
10YR YIELD
Bearish short day (possible bullish harami). Still failing all SMA's. Midpoint below EMA(10). Failing its 0.0% retrace (17.76). No daily 3LB changes (reversal is 17.88).
WTI
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% retrace (94.65). New low on dally 3LB (reversal is 94.36). Still below the monthly 3LB mid.
SILVER
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (30.00). No daily 3LB changes (reversal is 28.89).
BKX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed its 50.0% retrace (43.76). New low on daily 3LB (reversal is 44.83).
HYG/LQD
Bullish harami day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (0.7592). No daily 3LB changes (reversal is 0.7841).
COPPER
Bearish short day (inverted hammer…probably not). Midpoint below EMA(10). Failing all SMA's. Failing its 38.2% retrace (3.660). New low on daily 3LB changes (reversal is 3.554).
AAPL
Spinning top day. Tested and failed SMA(89). Midpoint below EMA(10). Still failing its 61.8% minor retrace (563.20). No daily 3LB changes (reversal is 558.22).
EUFN
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% minor retrace (15.38). New low on daily 3LB changes (reversal is 14.81).
IT HAS BEGUN. YOU HAVE BEEN WARNED.