AmenRa's Corner 7.26.12

Posted by AmenRa on Thursday, July 26, 2012 / / Comments: (11)
Draghi should be heeding their advice.


Creditcane™: Jawboning will only make matters worse when I arrive.


SPX
Bullish long day. Midpoint below EMA(10). Tested and held SMA(21,144). Tested and held the 50.0% minor retrace (1357.98). No daily 3LB changes (reversal is 1372.78). Back above lower trendline. QE2infinity.



DXY
Bearish long day (confirmed bearish engulfing). Midpoint below EMA(10). Still failing the 0.0% retrace (84.00). Tested and failed SMA(21). Daily 3LB reversal down (reversal is 84.00).



VIX
Doji day (confirmed bearish harami). Midpoint below EMA(10). Tested and held SMA(21). Tested and failed its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 15.45).



GOLD
Bullish short day. Midpoint above EMA(10). Tested and held its 61.8% retrace (1600.40). Tested and held SMA(89). No daily 3LB changes (reversal is 1634.20). Must have the precious.



EURUSD
Bullish long day (confirmed bullish engulfing). Midpoint below EMA(10). Tested and failed SMA(21). Tested and held its 0.0% retrace (1.2154). Daily 3LB reversal up (reversal is 1.2071).



JNK
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.85).



10YR YIELD
Doji day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (14.40). No daily 3LB changes (reversal is 14.64).



WTI
Spinning top day. Holding above SMA(55). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (88.24). No dally 3LB changes (reversal is 92.97).



SILVER
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).



BKX
Bullish long day. Midpoint at EMA(10). Tested and held SMA(21). Still failing its 61.8% retrace (46.14). No daily 3LB changes (reversal is 46.33).



HYG/LQD
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (0.7536). No daily 3LB changes (reversal is 0.7588).



COPPER
Doji day. Midpoint below EMA(10). Tested and failed SMA(21,55). Tested and held its 50.0% minor retrace (3.359). No daily 3LB changes (reversal is 3.305).



AAPL
Bearish short day. Tested and failed SMA(55). Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (577.84). New low on daily 3LB (reversal is 614.32).



EEM
Spinning day. Midpoint above EMA(10). Tested and held SMA(55) but failed SMA(21). Tested and held its 61.8% minor retrace (38.06). No daily 3LB changes (reversal is 37.08).



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IT HAS BEGUN. YOU HAVE BEEN WARNED.



5yr 5yr Forward Breakeven
I read somewhere that until this approaches 2.00% the Fed will stand pat. We'll see next week.

AmenRa's Corner 7.25.12

Posted by AmenRa on Wednesday, July 25, 2012 / / Comments: (9)



Creditcane™: The power of the rumor is waning and shall allow me to rise in all of my glory.


SPX
Spinning top day. Midpoint below EMA(10). Tested and held SMA(55). Tested and failed the 38.2% minor retrace (1343.55). New low on daily 3LB (reversal is 1372.78). Still failing lower trendline. QE2infinity.



DXY
Bearish engulfing day. Midpoint above EMA(10). Tested and failed the 0.0% retrace (84.00). Still above all SMA's. No daily 3LB changes (reversal is 83.03).



VIX
Bearish harami day. Midpoint above EMA(10). Tested and held SMA(144) but failed SMA(55). Tested and failed its 50.0% minor retrace (20.22). No daily 3LB changes (reversal is 15.45).



GOLD
Bullish long day. Midpoint above EMA(10). Tested and held its 61.8% retrace (1600.40). Tested and held SMA(21,55). No daily 3LB changes (reversal is 1634.20). Must have the precious.



EURUSD
Bullish engulfing day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (1.2154). No daily 3LB changes (reversal is 1.2286).



JNK
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 38.2% minor retrace (39.62). New low on daily 3LB (reversal is 39.85).



10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 0.0% retrace (14.40). No daily 3LB changes (reversal is 14.64).



WTI
Bullish short day. Tested and held SMA(55). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (88.24). No dally 3LB changes (reversal is 92.97).



SILVER
Bullish short day. Tested and held 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 below EMA(10). Tested and held SMA(55). Still failing its 61.8% retrace (46.14). No daily 3LB changes (reversal is 46.33).



HYG/LQD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (0.7536). New low on daily 3LB (reversal is 0.7588).



COPPER
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 50.0% minor retrace (3.359). No daily 3LB changes (reversal is 3.305).



AAPL
Doji day (after huge gap lower). Tested and failed SMA(55). Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (577.84). Daily 3LB reversal down (reversal is 614.32).



TLT
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its new 0.0% retrace (132.04). New high on daily 3LB (reversal is 130.36).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 7.24.12

Posted by AmenRa on Tuesday, July 24, 2012 / / Comments: (15)
"You were warned about trying to catch falling knives in this market is similar to this."


Creditcane™: I told you to stop "poking" me.


SPX
Bearish short day (YGBFKM). Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed the 38.2% minor retrace (1343.55). New low on daily 3LB (reversal is 1376.51). Failed lower trendline. QE2infinity.



DXY
Bullish short day. Midpoint above EMA(10). Tested and failed the new 0.0% retrace (84.00). Back above all SMA's. New high on daily 3LB (reversal is 83.03).



VIX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(144). Tested and failed its 50.0% minor retrace (20.22). New high on daily 3LB (reversal is 15.45).



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
Bearish long day (didn't confirm takuri). Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 0.0% retrace (1.2154). New low on daily 3LB (reversal is 1.2286).



JNK
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% minor retrace (39.62). Daily 3LB reversal down (reversal is 39.85).



10YR YIELD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (14.40). New low on daily 3LB (reversal is 14.64).



WTI
Bullish short day. Tested and held SMA(55). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (88.24). No dally 3LB changes (reversal is 92.97).



SILVER
Spinning top 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
Doji day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 61.8% retrace (46.14). No daily 3LB changes (reversal is 46.33).



HYG/LQD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (0.7536). New low on daily 3LB (reversal is 0.7615).



COPPER
Spinning top day. Midpoint below EMA(10). Now failing all SMA's. Tested and held its 50.0% minor retrace (3.359). No daily 3LB changes (reversal is 3.305).



AAPL
Bearish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). No daily 3LB changes (reversal is 599.41). This is pre earnings.



AAPL

After hours view shows carnage.







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.