AmenRa's Corner 5.18.12

Bear Black Ops Mission: Codename "FB"


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.

AmenRa's Corner 5.17.12




Creditcane™: FB can not, will not, never will save you from my wrath.


SPX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(144). Failing the 61.8% minor retrace (1343.55). New low on daily 3LB (reversal is 1338.35). QE2infinity.
DXY
Spinning top day. Midpoint above EMA(10). Tested and failed the 0.0% retrace (81.50). Still above all SMA's. New high on daily 3LB (reversal is 80.61). Still above weekly 3LB mid.
VIX
Bullish long day. Midpoint above EMA(10). Now above all SMA's. Holding above its 38.2% minor retrace (21.62). New high on daily 3LB (reversal is 21.87).
GOLD
Bullish long day. Midpoint below EMA(10). Failing its 61.8% retrace (1598.10). Failing all SMA's. No daily 3LB changes (reversal is 1584.00). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 0.0% retrace (1.2782). New low on daily 3LB (reversal is 1.2845).
JNK
Bearish long day. Midpoint below EMA(10). Now failing all SMA's. Tested and failed its 50.0% retrace (38.824). New low on daily 3LB (reversal is 39.23).
10YR YIELD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (17.76). New low on daily 3LB (reversal is 17.88).
WTI
Spinning top 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 94.78). 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 long day. Midpoint below EMA(10). Tested and held SMA(144). Tested and failed its 50.0% retrace (43.76). New low on daily 3LB (reversal is 45.20).
HYG/LQD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (0.7592). New low on daily 3LB (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
Bearish long day. Tested and failed SMA(89). Midpoint below EMA(10). Still failing its 61.8% minor retrace (563.20). New low on daily 3LB (reversal is 558.22).
BAC
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Holding above its 50.0% minor retrace (6.90). New low on daily 3LB (reversal is 7.35).
30YR YIELD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% retrace (30.39). New low on daily 3LB (reversal is 29.49).




IT HAS BEGUN. YOU HAVE BEEN WARNED.


Gold/Swiss Franc
trend=up
high= 1650.04
rev= 1358.43; mid=1504.23

Gold/Euro
trend=down
low= 1181.05
rev= 1328.19; mid=1254.62

Gold/Silver
trend=up
high= 54.783
rev= 52.824; mid= 53.804
AUDJPY
trend=no
direction=down (2 bars)
low= 0.7981
rev= 0.8765; mid=0.8373

AmenRa's Corner 5.16.12

"I'm still HUNGRY!!!"


Creditcane™: These are only the ads at the start of the movie. The main feature has yet to begin.


SPX
Inverted hammer day (prefer a higher close though). Midpoint below EMA(10). Failing SMA(89). Tested and failed the 61.8% minor retrace (1343.55). New low on daily 3LB (reversal is 1353.39). QE2infinity.
DXY
Spinning top day. Midpoint above EMA(10). Tested and failed the 0.0% retrace (81.50). Still above all SMA's. New high on daily 3LB (reversal is 80.30). Still above weekly 3LB mid.
VIX
Spinning top day. Midpoint above EMA(10). Tested and held SMA(144). Tested and held its 38.2% minor retrace (21.62). New high on daily 3LB (reversal is 18.81).
GOLD
Spinning top day. Midpoint below EMA(10). Failing its 61.8% retrace (1598.10). Failing all SMA's. New low on daily 3LB (reversal is 1584.00). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Now failing its 0.0% retrace (1.2782). New low on daily 3LB (reversal is 1.2924).
JNK
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(144,233). Tested and failed its 61.8% retrace (38.86). New low on daily 3LB (reversal is 39.67).
10YR YIELD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (17.76). New low on daily 3LB (reversal is 18.37).
WTI
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Now failing its 38.2% retrace (94.65). New low on dally 3LB (reversal is 96.13). Still below the monthly 3LB mid.
SILVER
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (30.00). New low on daily 3LB (reversal is 28.89).
BKX
Bearish long day. Midpoint below EMA(10). Failing SMA(89). Still failing its 61.8% retrace (46.14). New low on daily 3LB (reversal is 46.40).
HYG/LQD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (0.7643). Daily 3LB reversal down (reversal is 0.7841).
COPPER
Bearish short day. Midpoint below EMA(10). Failing all SMA's. Failing its 38.2% retrace (3.660). New low on daily 3LB changes (reversal is 3.648).
AAPL
Bearish short day. Tested and held SMA(89). Midpoint below EMA(10). Now failing its 61.8% minor retrace (563.20). New low on daily 3LB (reversal is 571.70).
CRB
Bullish short day. Midpoint below EMA(10). Failing all SMA's. Failing its 0.0% retrace (294.78). No daily 3LB changes (reversal is 294.83).




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.