AmenRa's Corner 7.19.12

"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.

AmenRa's Corner 7.18.12




Creditcane™: The longer you wait the worse it will be.


SPX
Bullish short day. Midpoint above EMA(10). Now above all SMA's. Tested and held the 38.2% minor retrace (1372.42). New high on daily 3LB (reversal is 1341.45). QE2infinity.



DXY
Bullish short day. Midpoint below EMA(10). Now failing the 0.0% retrace (83.61). Still above all SMA's. No daily 3LB changes (reversal is 83.57).



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 17.98).



GOLD
Bearish 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
Bearish short 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 long day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (39.62). New high on daily 3LB (reversal is 39.48).



10YR YIELD
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (14.67). No daily 3LB changes (reversal is 16.25).



WTI
Bullish short day. Tested and held SMA(55). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (89.91). New high on dally 3LB (reversal is 87.98).



SILVER
Bearish 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
Bearish 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
Spinning top 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
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). No daily 3LB changes (reversal is 592.52).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

Amenra's Corner 7.17.12




Creditcane™: Odd that the equity market keeps ignoring the bond market.


SPX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held the 50.0% minor retrace (1357.98). New high on daily 3LB (reversal is 1334.76). QE2infinity.



DXY
Spinning top day. Midpoint above EMA(10). Tested and failed the 0.0% retrace (83.61). Still above all SMA's. New low on daily 3LB (reversal is 83.35).



VIX
Spinning top 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 18.72).



GOLD
Doji day. Midpoint above 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). New high on daily 3LB (reversal is 1.2206).



JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (39.62). New high on daily 3LB (reversal is 39.46).



10YR YIELD
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (14.67). No daily 3LB changes (reversal is 16.25).



WTI
Bullish short day. Tested and held SMA(55). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (88.24). New high on dally 3LB (reversal is 84.96).



SILVER
Doji 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
Bullish short day (didn't form evening star). Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 61.8% retrace (46.14). New high on daily 3LB (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
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(55). Holding above its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.305).



AAPL
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). No daily 3LB changes (reversal is 592.52).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 7.16.12




Creditcane™: Do not struggle. Just accept your fate.


SPX
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(89). Still failing the 50.0% minor retrace (1357.98). No daily 3LB changes (reversal is 1334.76). QE2infinity.



DXY
Bearish short day. Midpoint above EMA(10). Tested and failed the 0.0% retrace (83.61). Still above all SMA's. New low on daily 3LB (reversal is 83.66).



VIX
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 18.72).



GOLD
Doji day. Midpoint above EMA(10). Still failing 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 short day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (1.2272). Daily 3LB reversal up (reversal is 1.2206).



JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (38.86). No daily 3LB changes (reversal is 39.19).



10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (14.67). New low on daily 3LB (reversal is 16.25).



WTI
Bullish long day. Holding above SMA(21). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (88.24). New high on dally 3LB (reversal is 78.20).



SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).



BKX
Doji day (evening star forming?). Midpoint above EMA(10). Holding above SMA(21,55,144). 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). New low on daily 3LB (reversal is 0.7711).



COPPER
Bearish short 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). No daily 3LB changes (reversal is 592.52).



CRB
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 0.0% retrace (294.78). New high on daily 3LB (reversal is 292.64).







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.