Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
SPX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(89). Still failing the 61.8% minor retrace (1598.81). New low on daily 3LB (reversal is 1651.81). QE2infinity. Still failing trend line and RSI(14) below 50.
DXY
Spinning top day. Midpoint above EMA(10). Tested and failed the 38.2% minor retrace (82.46). Tested and failed SMA(55,89). New high on dally 3LB (reversal is 81.34).
VIX
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (19.50). No daily 3LB changes (reversal is 16.30).
GOLD
Bearish long day. Midpoint below EMA(10). Tested and held its 0.0% retrace (1275.40). Still failing all SMA's. New low on daily 3LB (reversal is 1501.90). Must have the precious.
EURUSD
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed its 38.2% retrace (1.3151). New low on daily 3LB (reversal is 1.3275).
JNK
Doji day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 50.0% retrace (38.82). New low on daily 3LB (reversal is 39.97).
10YR YIELD
Bearish long day. Still above all SMA's. Midpoint above EMA(10). Holding above its 50.0% retrace (24.92). New high on daily 3LB (reversal is 23.11).
WTI
Bullish long day. Tested and held SMA(21,89,144,233). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (94.30). No dally 3LB changes (reversal is 98.67).
SILVER
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (19.54). New low on daily 3LB (reversal is 21.65).
BKX
Bearish long day. Midpoint below EMA(10). Tested and held SMA(55). Still failing its 0.0% retrace (62.49). New low on daily 3LB (reversal is 61.80).
HYG/LQD
Spinning top 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 0.7981).
COPPER
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 0.0% retrace (3.043). New low on daily 3LB (reversal is 3.381).
AAPL
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (406.99). Still failing BB(2,200). New low on daily 3LB (reversal is 423.00).
GSCI
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 38.2% minor retrace (30.62). New low on daily 3LB (reversal is 31.99).
IWM
Spinning top day. Midpoint below EMA(10). Tested and held SMA(89). Still failing its 0.0% retrace (99.60). New low on daily 3LB (reversal is 99.51).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
2 comments:
Funny how 10% down puts the SPX right at 1500 (1500.73 to be exact).
New
Post a Comment