AmenRa's Corner 3/14/13




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1556.77). New high on daily 3LB (reversal is 1544.26). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Bearish short day. Midpoint above EMA(10). Tested and held the 38.2% minor retrace (82.46). Still above all SMA's. No dally 3LB changes (reversal is 82.28).



VIX
Bearish short day. Midpoint below EMA(10). Still below all SMA's. Tested and failed its 0.0% retrace (11.50). New low on daily 3LB (reversal is 13.06).



GOLD
Bullish short day. Midpoint above EMA(10). Still failing its 61.8% retrace (1609.30). Tested and held SMA(21). No daily 3LB changes (reversal is 1615.50). Must have the precious.



EURUSD
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% retrace (1.3138). No daily 3LB changes (reversal is 1.3056).



JNK
Bullish short day. Midpoint above EMA(10). Now above all SMA's. Holding above its 38.2% minor retrace (40.58). New high on daily 3LB (reversal is 40.92).



10YR YIELD
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (19.37). No daily 3LB changes (reversal is 18.53).



WTI
Bullish short day. Tested and held SMA(89). Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (93.12). Dally 3LB reversal up (reversal is 90.12).



SILVER
Bearish short day. Now failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% minor retrace (30.25). No daily 3LB changes (reversal is 29.49).



BKX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (57.22). New high on daily 3LB (reversal is 56.27).



HYG/LQD
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 38.2% retrace (0.7907). No daily 3LB changes (reversal is 0.7783).



COPPER
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% retrace (3.692). No daily 3LB changes (reversal is 3.493).



AAPL
Spinning top 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 450.50).



CCI
Bullish long day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 50.0% retrace (547.13). New high on daily 3LB (reversal is 544.79).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

http://www.zerohedge.com/news/2013-03-14/ubs-great-rotation-much-ado-about-nothing

If the Fed and Global CB's hold the majority of UST's then who actually is rotating out of bonds into equities?

AmenRa said...

The determination to make new highs on the SPX is unstoppable. Just get it over with and let the new sheep get sheered.

AmenRa said...

New.

Post a Comment

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.