"And you thought catching a falling knife was dangerous..."
Creditcane™: Where's the love? I thought I was invited to the party.
SPX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 38.2% minor retrace (1372.42). New high on daily 3LB (reversal is 1356.78). QE2infinity.
DXY
Spinning top day. Midpoint below EMA(10). Still failing the 0.0% retrace (83.61). Tested and held SMA(21). New low on daily 3LB (reversal is 83.35).
VIX
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (18.81). New low on daily 3LB (reversal is 16.73).
GOLD
Bullish short day. Midpoint below EMA(10). Still failing its 61.8% retrace (1600.40). Tested and failed SMA(21). No daily 3LB changes (reversal is 1634.20). Must have the precious.
EURUSD
Doji day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (1.2272). No daily 3LB changes (reversal is 1.2206).
JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 50.0% minor retrace (39.86). New high on daily 3LB (reversal is 39.49).
10YR YIELD
Doji day. Still failing all SMA's. Midpoint above EMA(10). Holding above its 0.0% retrace (14.67). No daily 3LB changes (reversal is 16.25).
WTI
Bullish long day. Holding above SMA(55). Midpoint above EMA(10). Holding above its 61.8% minor retrace (89.91). New high on dally 3LB (reversal is 88.75).
SILVER
Bullish short day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).
BKX
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and failed its 61.8% retrace (46.14). No daily 3LB changes (reversal is 44.46).
HYG/LQD
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (0.7678). No daily 3LB changes (reversal is 0.7711).
COPPER
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55). Holding above its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.305).
AAPL
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). New high on daily 3LB (reversal is 599.41).
EUFN
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21,55). Still failing its 38.2% minor retrace (15.38). No daily 3LB changes (reversal is 14.59).
IT HAS BEGUN. YOU HAVE BEEN WARNED.