AmenRa's Corner 6.15.12

"Q: How do you know when central bankers are lying? A: Their lips are moving."


Creditcane™: Hope is not a trading strategy.


SPX
Bullish long day (BS again day). Midpoint above EMA(10). Holding above SMA(144). Holding above the 38.2% retrace (1296.82). Daily 3LB reversal up (reversal is 1278.04). Closed above weekly 3LB mid. QE2infinity.



DXY
Bearish short day. Midpoint below EMA(10). Tested and failed the 38.2% minor retrace (81.70). Still failing SMA(21). New low on daily 3LB (reversal is 82.32).



VIX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% minor retrace (21.62). No daily 3LB changes (reversal is 21.03).



GOLD
Spinning top day. Midpoint above EMA(10). Holding above its 61.8% retrace (1600.40). Tested and held SMA(55). No daily 3LB changes (reversal is 1559.40). Must have the precious.



EURUSD
Bullish short day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 0.0% retrace (1.2363). New high on daily 3LB (reversal is 1.2391).



JNK
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55). Holding above its 50.0% retrace (38.24). No daily 3LB changes (reversal is 38.69).



10YR YIELD
Bearish short day. Failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (14.67). No daily 3LB changes (reversal is 17.65).



WTI
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (85.75). No dally 3LB changes (reversal is 86.53).



SILVER
Bearish short day. Holding above SMA(21). Midpoint above EMA(10). Failing its 61.8% minor retrace (30.00). No daily 3LB changes (reversal is 27.20).



BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(144). Holding above its 50.0% retrace (43.76). New high on daily 3LB (reversal is 41.93).



HYG/LQD
Spinning top day. Holding above SMA(21). Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7542).



COPPER
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 50.0% minor retrace (3.352). Daily 3LB reversal up (reversal is 3.285).



AAPL
Bullish short day. Tested and held SMA(89). Midpoint below EMA(10). Still failing its 50.0% minor retrace (577.84). No daily 3LB changes (reversal is 560.99).



RBOB Gasoline
Spinning top day. Midpoint above EMA(10). Still failing all SMA's. Tested and held its 38.2% minor retrace (2.68). No daily 3LB changes (reversal is 2.72).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 6.14.12

"What do you mean we're not invited to the weekend retreat?"


Creditcane™: CB's have to resort to rumors to try and stop me.


SPX
Bullish long day (BS day). Midpoint above EMA(10). Tested and held SMA(144). Holding above the 38.2% retrace (1296.82). No daily 3LB changes (reversal is 1332.42). Back above weekly 3LB mid. QE2infinity.



DXY
Spinning top day. Midpoint below EMA(10). Failing the 0.0% retrace (83.11). Tested and failed SMA(21). New low on daily 3LB (reversal is 83.02).



VIX
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(21). Tested and held its 38.2% minor retrace (21.62). No daily 3LB changes (reversal is 21.03).



GOLD
Doji day. Midpoint above EMA(10). Holding above its 61.8% retrace (1600.40). Tested and failed SMA(55). No daily 3LB changes (reversal is 1559.40). Must have the precious.



EURUSD
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (1.2363). No daily 3LB changes (reversal is 1.2378).



JNK
Bullish long day (failed 2 confirm bearish harami). Midpoint above EMA(10). Holding above SMA(21). Holding above its 50.0% retrace (38.24). No daily 3LB changes (reversal is 38.69).



10YR YIELD
Doji day (failed 2 confirm bearish engulfing). Failing SMA(21). Midpoint below EMA(10). Holding above its 0.0% retrace (14.67). No daily 3LB changes (reversal is 17.65).



WTI
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (85.75). No dally 3LB changes (reversal is 86.53).



SILVER
Bearish short day. Tested and held SMA(21). Midpoint above EMA(10). Failing its 61.8% minor retrace (30.00). No daily 3LB changes (reversal is 27.20).



BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(144). Tested and held its 50.0% retrace (43.76). New high on daily 3LB (reversal is 41.00).



HYG/LQD
Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7388).



COPPER
Bullish short day. Midpoint below EMA(10). Failing all SMA's. Tested and held its 50.0% minor retrace (3.352). No daily 3LB changes (reversal is 3.379).



AAPL
Doji day. Tested and held SMA(89). Midpoint below EMA(10). Now failing its 50.0% minor retrace (577.84). No daily 3LB changes (reversal is 560.99).



EUFN
Bullish short day. Midpoint above EMA(10). Holding above SMA(21). Still failing its 38.2% minor retrace (15.38). No daily 3LB changes (reversal is 13.82).



Euro Stoxx 600
new low 235.10
trend=down
low= 235.10
rev= 254.50; mid=244.60




IT HAS BEGUN. YOU HAVE BEEN WARNED.



AmenRa's Corner 6.13.12

"It's too late. There is no escape."



Creditcane™: Yo hablo espaƱol ahora.


SPX
Bearish short day. Midpoint above EMA(10). Tested and held SMA(21). Holding above the 38.2% retrace (1296.82). No daily 3LB changes (reversal is 1332.42). Back below weekly 3LB mid. QE2infinity.



DXY
Bearish long day. Midpoint below EMA(10). Failing the 0.0% retrace (83.11). Tested and failed SMA(21). No daily 3LB changes (reversal is 83.04).



VIX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 38.2% minor retrace (21.62). No daily 3LB changes (reversal is 21.03).



GOLD
Spinning top day. Midpoint above EMA(10). Holding above its 61.8% retrace (1600.40). Tested and failed SMA(55). No daily 3LB changes (reversal is 1559.40). Must have the precious.



EURUSD
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (1.2363). No daily 3LB changes (reversal is 1.2368).



JNK
Spinning top day (also bearish harami). Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 50.0% retrace (38.24). No daily 3LB changes (reversal is 38.69).



10YR YIELD
Bearish engulfing day. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (14.67). No daily 3LB changes (reversal is 17.65).



WTI
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (85.75). New low on dally 3LB (reversal is 86.53).



SILVER
Spinning top day. Holding above SMA(21). Midpoint above EMA(10). Failing its 61.8% minor retrace (30.00). No daily 3LB changes (reversal is 27.20).



BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed its 50.0% retrace (43.76). No daily 3LB changes (reversal is 41.00).



HYG/LQD
Spinning top day. Tested and failed SMA(21). Midpoint above EMA(10). Tested and failed its 50.0% minor retrace (0.7592). No daily 3LB changes (reversal is 0.7388).



COPPER
Spinning top day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 50.0% minor retrace (3.352). No daily 3LB changes (reversal is 3.379).



AAPL
Spinning top day. Holding above SMA(89). Midpoint above EMA(10). Tested and failed its 50.0% minor retrace (577.84). No daily 3LB changes (reversal is 560.99).



BAC
Bullish short day. Midpoint above EMA(10). Tested and held SMA(144). Tested and held its 61.8% minor retrace (7.36). No daily 3LB changes (reversal is 6.83).







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.