AmenRa's Corner 4/24/13




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Doji day. Midpoint above EMA(10). Now above all SMA's. Holding above the 38.2% minor retrace (1554.55). No daily 3LB changes (reversal is 1587.73). 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). Now above all SMA's. No dally 3LB changes (reversal is 83.18).



VIX
Spinning top day (didn't confirm inverted hammer). Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 13.36).



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



EURUSD
Bullish short day. Midpoint below EMA(10). Tested and held SMA(21). Still failing its 38.2% retrace (1.3145). No daily 3LB changes (reversal is 1.3196).



JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (41.43). New high on daily 3LB (reversal is 41.23).



10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 18.12).



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



SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (22.55). No daily 3LB changes (reversal is 23.31).



BKX
Bullish long day. Midpoint above EMA(10). Now above all SMA's. Holding above its 38.2% minor retrace (53.87). No daily 3LB changes (reversal is 56.87).



HYG/LQD
Spinning top day. Tested and failed SMA(21,89). Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7765). No daily 3LB changes (reversal is 0.7794).



COPPER
Bullish engulfing 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 3.188).



AAPL
Bullish long day (go figure). Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (406.99). Still failing BB(2,200). No daily 3LB changes (reversal is 419.85).



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







IT HAS BEGUN. YOU HAVE BEEN WARNED.

2 comments:

Matthew said...

Seeing the dumbest headline in the history of CNBC:

Stealth Rally on Wall Street

Huh?

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.