Creditcane™: Otra vez: Remind me to use my vacation days during EOM/EOQ ramps. Arrgghh!!!
SPX
Bullish long day (a Brain Sack parting gift). Midpoint above EMA(10). Tested and held SMA(55,89). Tested and held the 50.0% minor retrace (1357.98). New high on daily 3LB (reversal is 1342.84). QE2infinity.
DXY
Bearish long day. Midpoint below EMA(10). Tested and failed the 38.2% minor retrace (81.70). Tested and failed SMA(21). Daily 3LB reversal down (reversal is 82.81).
VIX
Inverted hammer day. Midpoint below EMA(10). Now failing all SMA's. Tested and failed its 61.8% minor retrace (18.81). New low on daily 3LB (reversal is 21.54).
GOLD
Bullish long day. Midpoint below EMA(10). Tested and held its 61.8% retrace (1600.40). Tested and held SMA(21). No daily 3LB changes (reversal is 1634.20). Must have the precious.
EURUSD
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Still failing its 38.2% minor retrace (1.2710). Daily 3LB reversal up (reversal is 1.2436).
JNK
Bullish short day. Midpoint above EMA(10). Now above all SMA's. Holding above its 61.8% retrace (38.86). New high on daily 3LB (reversal is 38.95).
10YR YIELD
Bullish short day. Holding above SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (14.71). No daily 3LB changes (reversal is 17.65).
WTI
Bullish long day (Iran sanctions about to kick in ). Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 0.0% retrace (81.14). Dally 3LB reversal up (reversal is 77.69).
SILVER
Bullish long day. Failing all SMA's. Midpoint below EMA(10). Tested and held its 100.0% retrace (26.60). No daily 3LB changes (reversal is 28.14).
BKX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55). Holding above its 50.0% retrace (43.76). Daily 3LB reversal up (reversal is 43.89).
HYG/LQD
Bullish short day. Tested and held SMA(233). Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7643). New high on daily 3LB (reversal is 0.7651).
COPPER
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 61.8% minor retrace (3.430). Daily 3LB reversal up (reversal is 3.305).
AAPL
Bullish short day. Tested and held SMA(89). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (577.84). No daily 3LB changes (reversal is 587.41).
CRB
Bullish long day. Midpoint above EMA(10). Holding above SMA(21). Tested and held its 61.8% minor retrace (283.95). New high on daily 3LB (reversal is 267.16).
IT HAS BEGUN. YOU HAVE BEEN WARNED.