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Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
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Bearish engulfing day. Midpoint above EMA(10). Still above all SMA's. Still failing the 0.0% retrace (1563.32). No daily 3LB changes (reversal is 1544.26). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.
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Spinning top day. Midpoint above EMA(10). Holding above the 38.2% minor retrace (82.46). Still above all SMA's. No dally 3LB changes (reversal is 82.13).
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Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,55). Holding above its 0.0% retrace (11.50). No daily 3LB changes (reversal is 11.30).
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Bullish short day. Midpoint above EMA(10). Tested and held its 61.8% retrace (1609.30). Holding above SMA(21). No daily 3LB changes (reversal is 1615.50). Must have the precious.
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Bearish short day. Midpoint below EMA(10). Still below all SMA's. Still failing its 38.2% retrace (1.3145). No daily 3LB changes (reversal is 1.3003).
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Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (40.58). No daily 3LB changes (reversal is 41.05).
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Bearish short day. Tested and failed SMA(55). Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (19.37). No daily 3LB changes (reversal is 18.53).
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Bearish long day. Tested and failed SMA(21,89). Midpoint above EMA(10). Still failing its 61.8% minor retrace (93.72). No dally 3LB changes (reversal is 91.05).
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Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Still failing its 61.8% minor retrace (30.25). No daily 3LB changes (reversal is 29.49).
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Bearish long day. Midpoint above EMA(10). Still above all SMA's. Still failing its 0.0% retrace (57.33). Daily 3LB reversal down (reversal is 57.52).
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Spinning top 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 0.7850).
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Doji day (didn't confirm bullish engulfing). Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 61.8% minor retrace (3.454). No daily 3LB changes (reversal is 3.555).
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Bullish short day. Holding above SMA(21). Midpoint above EMA(10). Still failing its 61.8% retrace (463.72). Still failing BB(2,200). No daily 3LB changes (reversal is 420.05).
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Bullish short day. Midpoint above EMA(10). Holding above SMA(21). Still failing its 38.2% retrace (557.71). No daily 3LB changes (reversal is 556.38).
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IT HAS BEGUN. YOU HAVE BEEN WARNED.
3 comments:
Coincidence?
http://armstrongeconomics.com/693-2/2013-2/10062-2/
Todays move is all about getting the SPX to take out its previous high before all hell breaks loose with Cyprus.
Oh well SPX. Maybe next time.
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