Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
SPX
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above the 38.2% minor retrace (1627.00). New high on daily 3LB (reversal is 1573.09). QE2infinity. Tested and held lower trend line and RSI(14) above 50.
DXY
Bearish long day. Midpoint above EMA(10). Tested and failed the 0.0% retrace (84.59). Still above all SMA's. Dally 3LB reversal down (reversal is 84.64).
VIX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(89,144). Still failing its 61.8% minor retrace (16.45). New low on daily 3LB (reversal is 14.89).
GOLD
Spinning top day. Midpoint below EMA(10). Holding above its 0.0% retrace (1221.00). Still failing all SMA's. No daily 3LB changes (reversal is 1277.10). Must have the precious.
EURUSD
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 61.8% minor retrace (1.2774). No daily 3LB changes (reversal is 1.3008).
JNK
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 38.2% retrace (39.54). No daily 3LB changes (reversal is 39.97).
10YR YIELD
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Holding above its 50.0% retrace (24.92). No daily 3LB changes (reversal is 25.14).
WTI
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 50.0% retrace (104.37). New high on dally 3LB (reversal is 101.24).
SILVER
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (18.45). No daily 3LB changes (reversal is 19.85).
BKX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 0.0% retrace (64.48). No daily 3LB changes (reversal is 62.31).
HYG/LQD
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.8063).
COPPER
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (3.042). No daily 3LB changes (reversal is 3.380).
AAPL
Spinning top day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 38.2% minor retrace (406.99). Still failing BB(2,200). No daily 3LB changes (reversal is 398.07).
GSCI
Bullish short day (after another gap higher). Midpoint above EMA(10). Tested and failed SMA(233). Holding above its 38.2% retrace (31.71). New high on daily 3LB (reversal is 30.72).
IWM
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (101.20). New high on daily 3LB (reversal is 99.67).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
1 comments:
Initial claims higher. Higher during a holiday week. Usually it's lower due to missing a day in the count. Bad omen?
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