AmenRa's Corner 2/1/13

BLS - BEA - CB


Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1509.94). New high on daily 3LB (reversal is 1494.82). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Spinning top day. Midpoint below EMA(10). Still failing the 38.2% retrace (79.97). Still failing all SMA's. New low on dally 3LB (reversal is 80.61).



VIX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Holding above its 0.0% retrace (12.29). No daily 3LB changes (reversal is 12.43).



GOLD
Spinning top day. Midpoint below EMA(10). Tested and failed its 50.0% retrace (1670.30). Tested and failed SMA(21,233). No daily 3LB changes (reversal is 1695.70). Must have the precious.



EURUSD
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 50.0% retrace (1.3436). New high on daily 3LB (reversal is 1.3491).



JNK
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 100.0% retrace (40.86). New low on daily 3LB (reversal is 41.23).



10YR YIELD
Doji day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 61.8% minor retrace (19.37). New high on daily 3LB (reversal is 19.73).



WTI
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Still failing its 38.2% retrace (98.18). No dally 3LB changes (reversal is 96.04).



SILVER
Bullish short day. Tested and held SMA(144). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (31.30). No daily 3LB changes (reversal is 29.67).



BKX
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 100.0% retrace (54.29). New high on daily 3LB (reversal is 53.91).



HYG/LQD
Bullish long day. Tested and held SMA(21). Midpoint below EMA(10). Still failing its 38.2% retrace (0.7907). No daily 3LB changes (reversal is 0.7852).



COPPER
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (3.681). New high on daily 3LB (reversal is 3.605).



AAPL
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% retrace (463.72). Still failing BB(2,200). No daily 3LB changes (reversal is 501.75).



CCI
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 61.8% minor retrace (570.80). New high on daily 3LB (reversal is 561.75).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

Weekly 3LB Update 2/1/13

BinT said...

http://globaleconomicanalysis.blogspot.com/2013/02/obamacare-in-action-retail-workweek.html?#echocomments


"The fly in the ointment of January's jobs report was the apparent shift to part-time work ahead of a key ObamaCare deadline.

Although retail payrolls grew by 32,600, total hours worked in the industry dipped, Labor Department data out Friday showed.

The explanation? Rank-and-file retail workers logged the shortest workweek since early 2010: just 30.1 hours, on average, vs. 30.4 in December.

Remarkably, aggregate hours worked in the retail sector fell below their January 2012 level, even though industry payrolls are up 200,000 over that period. A similar trend showed up in leisure and hospitality: January payrolls rose by 23,000 even as aggregate hours dipped 0.3%."

AmenRa said...

New.

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