AmenRa's Corner 4/18/13

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish long day. Midpoint below EMA(10). Tested and held SMA(55). Tested and failed the 50.0% minor retrace (1543.89). New low on daily 3LB (reversal is 1587.73). QE2infinity. Still below 2 of 3 trend lines and RSI(14) below 50.



DXY
Bearish short day. Midpoint above EMA(10). Tested and held the 38.2% minor retrace (82.46). Tested and failed SMA(21). No dally 3LB changes (reversal is 83.18).



VIX
Bullish long day. Midpoint above EMA(10). Now above all SMA's. Tested and held its 61.8% minor retrace (16.45). New high on daily 3LB (reversal is 13.36).



GOLD
Bullish short day. Midpoint below EMA(10). Still failing its 100.0% retrace (1407.40). Still failing all SMA's. No daily 3LB changes (reversal is 1586.70). Must have the precious.



EURUSD
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(144). Still failing its 38.2% retrace (1.3145). No daily 3LB changes (reversal is 1.3019).



JNK
Bearish short day (confirmed bearish harami). Midpoint below EMA(10). Tested and held SMA(21). Holding above its 38.2% minor retrace (40.58). No daily 3LB changes (reversal is 40.92).



10YR YIELD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). New low on daily 3LB (reversal is 18.12).



WTI
Bullish piercing day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (90.37). No dally 3LB changes (reversal is 92.99).



SILVER
Doji day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (22.55). New low on daily 3LB (reversal is 26.33).



BKX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and held its 38.2% minor retrace (53.87). New low on daily 3LB (reversal is 56.87).



HYG/LQD
Bearish short day. Still failing SMA(89). Midpoint below EMA(10). Holding above its 61.8% minor retrace (0.7765). No daily 3LB changes (reversal is 0.7794).



COPPER
Hammer day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (3.100). No daily 3LB changes (reversal is 3.441).



AAPL
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (406.99). Still failing BB(2,200). New low on daily 3LB (reversal is 423.70).



GSCI
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% minor retrace (30.62). No daily 3LB changes (reversal is 31.56).

IT HAS BEGUN. YOU HAVE BEEN WARNED.