AmenRa's Corner 5/14/13

"Ain't no stoppin' us now. We're on the move."


Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1636.00). New high on daily 3LB (reversal is 1632.69). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Bullish short day. Midpoint above EMA(10). Holding above the 38.2% minor retrace (82.46). Still above all SMA's. New high on dally 3LB (reversal is 82.69).



VIX
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 12.85).



GOLD
Bearish short day. Midpoint below EMA(10). Still failing its 61.8% minor retrace (1485.10). Tested and failed SMA(21). No daily 3LB changes (reversal is 1586.70). Must have the precious.



EURUSD
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 38.2% retrace (1.3145). New low on daily 3LB (reversal is 1.3118).



JNK
Spinning top day. Midpoint below EMA(10). Tested and held SMA(21). Still failing its 0.0% retrace (41.86). No daily 3LB changes (reversal is 41.48).



10YR YIELD
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 61.8% minor retrace (19.37). New high on daily 3LB (reversal is 18.13).



WTI
Bearish short day. Tested and failed SMA(89). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (94.01). Dally 3LB reversal down (reversal is 96.62).



SILVER
Bearish short day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 0.0% retrace (22.60). No daily 3LB changes (reversal is 22.86).



BKX
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (58.98). New high on daily 3LB (reversal is 58.28).



HYG/LQD
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 38.2% retrace (0.7907). Daily 3LB reversal up (reversal is 0.7879).



COPPER
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(55). Tested and failed its 38.2% minor retrace (3.322). No daily 3LB changes (reversal is 3.080).



AAPL
Bearish long day. Tested and failed SMA(89). Midpoint below EMA(10). Still failing its 61.8% retrace (463.72). Still failing BB(2,200). Daily 3LB reversal down (reversal is 463.84).



GSCI
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(144). Still failing its 38.2% retrace (31.71). No daily 3LB changes (reversal is 30.05).



IWM
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (97.12). New high on daily 3LB (reversal is 96.15).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

Think the Fed is getting nervous as the 10yr approaches 2%? Or do they freak out at 2.5%?

AmenRa said...

Bears...what happened? 3pm came and you disappeared. Had the bulls on the ropes and ready to tap out. You let the bulls rest up after the round and they have come out swinging.

AmenRa said...

New.

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