AmenRa's Corner 6/20/13

"It's too late. There is no escape."

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(55). Tested and failed the 61.8% minor retrace (1598.81). Daily 3LB reversal down (reversal is 1651.81). QE2infinity. Still failing trend line and RSI(14) below 50.

DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 61.8% minor retrace (81.51). Tested and held SMA(144). New high on dally 3LB (reversal is 80.62).

VIX
Bullish long day. Midpoint above EMA(10). Now above all SMA's. Tested and held its 38.2% minor retrace (19.50). New high on daily 3LB (reversal is 16.30).

GOLD
Bearish long day (didn't confirm hammer). Midpoint below EMA(10). Tested and failed its 0.0% retrace (1335.60). Still failing all SMA's. New low on daily 3LB (reversal is 1554.00). Must have the precious.

EURUSD
Bearish long day. Midpoint below EMA(10). Still above all SMA's. Holding above its 38.2% retrace (1.3145). New low on daily 3LB (reversal is 1.3411).

JNK
Spinning top day (morning star forming?). Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 38.2% retrace (39.54). Daily 3LB reversal down (reversal is 40.42).

10YR YIELD
Doji day (evening star forming?). Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (22.44). New high on daily 3LB (reversal is 21.26).

WTI
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 61.8% minor retrace (94.30). Dally 3LB reversal down (reversal is 98.67).

SILVER
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (21.50). New low on daily 3LB (reversal is 21.74).

BKX
Bearish short day. Midpoint below EMA(10). Still failing SMA(21). Still failing its 0.0% retrace (62.49). No daily 3LB changes (reversal is 62.64).

HYG/LQD
Bullish long day (really?!?). Tested and held SMA(21). Midpoint above EMA(10). Tested and failed its 50.0% retrace (0.8022). New high on daily 3LB (reversal is 0.7940).

COPPER
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (3.043). Daily 3LB reversal down (reversal is 3.381).

AAPL
Bearish short day. Now failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% retrace (463.72). Still failing BB(2,200). New low on daily 3LB (reversal is 443.86).

GSCI
Bearish long day (after huge gap lower). Midpoint below EMA(10). Tested and failed SMA(55). Tested and held its 61.8% minor retrace (31.04). Daily 3LB reversal down (reversal is 32.02).

IWM
Bearish short day. Midpoint below EMA(10). Tested and held SMA(55). Still failing its 0.0% retrace (99.60). Daily 3LB reversal down (reversal is 99.51).

SPX Weekly 3LB
Showing the fibonacci retracements.

IT HAS BEGUN. YOU HAVE BEEN WARNED.