AmenRa's Corner 5/16/13




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed the 0.0% retrace (1651.10). No daily 3LB changes (reversal is 1633.70). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Spinning top day. Midpoint above EMA(10). Tested and failed the 0.0% retrace (84.00). Still above all SMA's. No dally 3LB changes (reversal is 83.14).



VIX
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 61.8% minor retrace (16.45). Daily 3LB reversal up (reversal is 12.55).



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



EURUSD
Doji day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% retrace (1.3145). No daily 3LB changes (reversal is 1.3986).



JNK
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 0.0% retrace (41.86). No daily 3LB changes (reversal is 41.94).



10YR YIELD
Bearish long day. Tested and failed SMA(89). Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (19.37). No daily 3LB changes (reversal is 18.13).



WTI
Bullish short day. Tested and held SMA(89). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (94.01). No dally 3LB changes (reversal is 96.62).



SILVER
Hammer day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (22.60). No daily 3LB changes (reversal is 24.19).



BKX
Bearish harami day. Midpoint above EMA(10). Still above all SMA's. Holding above its 0.0% retrace (59.88). No daily 3LB changes (reversal is 58.75).



HYG/LQD
Bullish short 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 0.7879).



COPPER
Spinning top day. Midpoint below EMA(10). Tested and held SMA(21). Still failing its 38.2% minor retrace (3.322). No daily 3LB changes (reversal is 3.080).



AAPL
Bullish long day. Tested and held SMA(21). Midpoint below EMA(10). Still failing its 61.8% retrace (463.72). Still failing BB(2,200). No daily 3LB changes (reversal is 463.84).



GSCI
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(144). Holding above its 61.8% retrace (31.04). No daily 3LB changes (reversal is 30.05).



IWM
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 0.0% retrace (98.03). No daily 3LB changes (reversal is 96.43).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

4 comments:

AmenRa said...

So, was the Fed doing all of the buying of the 10yr again?

AmenRa said...

Anyone find it odd that the largest POMO's are scheduled for opex day and month end?

AmenRa said...

F me. They're going for the 75 handle in the SPX.

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.