AmenRa's Corner 6/19/13

The FOMC sounded the horn. Charge!

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(21). Holding above the 38.2% minor retrace (1627.88). No daily 3LB changes (reversal is 1608.90). QE2infinity. Still failing trend line and RSI(14) back below 50.

DXY
Bullish long day. Midpoint below EMA(10). Still failing the 61.8% minor retrace (81.51). Tested and failed SMA(144). Dally 3LB reversal up (reversal is 80.62).

VIX
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 14.83).

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

EURUSD
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (1.3145). Daily 3LB reversal down (reversal is 1.3411).

JNK
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 61.8% minor retrace (40.43). No daily 3LB changes (reversal is 39.89).

10YR YIELD
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 38.2% minor retrace (22.44). Daily 3LB reversal up (reversal is 21.26).

WTI
Spinning top 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
Spinning top 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
Bearish short day. 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
Long legged doji day. Tested and held SMA(21,55). Midpoint above EMA(10). Tested and failed its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.7928).

COPPER
Spinning top 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
Bearish long day. Tested and failed SMA(55). Midpoint below EMA(10). Still failing its 61.8% retrace (463.72). Still failing BB(2,200). New low on daily 3LB (reversal is 460.71).

GSCI
Spinning top 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 31.80).

IWM
Bearish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed its 0.0% retrace (99.60). No daily 3LB changes (reversal is 96.43).

IT HAS BEGUN. YOU HAVE BEEN WARNED.