AmenRa's Corner 6/18/13

Official FOMC Meeting

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Holding above the 38.2% minor retrace (1627.88). Daily 3LB reversal up (reversal is 1608.90). QE2infinity. Tested and faield trend line and RSI(14) above 50.

DXY
Spinning top day. Midpoint below EMA(10). Still failing the 61.8% minor retrace (81.51). Still failing all SMA's. No dally 3LB changes (reversal is 81.05).

VIX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 14.83).

GOLD
Bearish long day. Midpoint below EMA(10). Holding above its 0.0% retrace (1335.60). Now failing SMA(21). No daily 3LB changes (reversal is 1587.20). Must have the precious.

EURUSD
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (1.3145). New high on daily 3LB (reversal is 1.3336).

JNK
Bullish long day. Midpoint above EMA(10). Still failing all SMA's. Tested and failed its 61.8% minor retrace (40.43). Daily 3LB reversal up (reversal is 39.89).

10YR YIELD
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Still failing its 38.2% minor retrace (22.44). No daily 3LB changes (reversal is 22.30).

WTI
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (94.30). No dally 3LB changes (reversal is 96.29).

SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (21.50). No daily 3LB changes (reversal is 22.19).

BKX
Bullish short day (confirmed bullish harami). Midpoint above EMA(10). Tested and failed SMA(21). Still failing its 0.0% retrace (62.49). No daily 3LB changes (reversal is 62.64).

HYG/LQD
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 50.0% retrace (0.8022). New high on daily 3LB (reversal is 0.7928).

COPPER
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% minor retrace (3.332). No daily 3LB changes (reversal is 3.132).

AAPL
Spinning top day. Tested and failed SMA(55). 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
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Holding above its 38.2% retrace (31.71). New high on daily 3LB (reversal is 31.71).

IWM
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed its 0.0% retrace (99.60). Daily 3LB reversal up (reversal is 96.43).

IT HAS BEGUN. YOU HAVE BEEN WARNED.