AmenRa's Corner 4/1/13




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Tested and failed the 0.0% retrace (1570.28). No daily 3LB changes (reversal is 1556.22). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Bearish short day. Midpoint above EMA(10). Holding above the 38.2% minor retrace (82.46). Tested and held SMA(21). No dally 3LB changes (reversal is 82.13).



VIX
Spinning top day. Midpoint above EMA(10). Tested and held SMA(55). Holding above its 0.0% retrace (11.50). No daily 3LB changes (reversal is 11.30).



GOLD
Bullish short day. Midpoint below EMA(10). Still failing its 61.8% retrace (1609.30). Holding above SMA(21). No daily 3LB changes (reversal is 1617.10). Must have the precious.



EURUSD
Bullish short day (confirmed bullish harami). Midpoint below EMA(10). Still failing all SMA's. Tested and held its 61.8% minor retrace (1.2770). No daily 3LB changes (reversal is 1.2884).



JNK
Bullish long day. Midpoint below EMA(10). Tested and held SMA(89). Holding above its 38.2% minor retrace (40.58). New low on daily 3LB (reversal is 41.08).



10YR YIELD
Bearish long day. Tested and failed SMA(89). Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (18.42). New low on daily 3LB (reversal is 20.56).



WTI
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (93.72). No dally 3LB changes (reversal is 94.81).



SILVER
Bearish short day. Now failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% minor retrace (30.25). New low on daily 3LB (reversal is 28.52).



BKX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 0.0% retrace (57.33). New low on daily 3LB (reversal is 56.44).



HYG/LQD
Bullish short day. Tested and held SMA(55). Midpoint below EMA(10). Still failing its 38.2% retrace (0.7907). No daily 3LB changes (reversal is 0.7850).



COPPER
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 50.0% minor retrace (3.381). New low on daily 3LB (reversal is 3.428).



AAPL
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Still failing its 61.8% retrace (463.72). Still failing BB(2,200). Daily 3LB reversal down (reversal is 463.58).



CCI
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 38.2% retrace (557.71). Daily 3LB reversal down (reversal is 557.63).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

SPX intraday high still holding...

AmenRa said...

Love how they forced the market higher in the last 15 minutes. Anything to prove that the new all time closing high is not a fluke.

AmenRa said...

New.

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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.