AmenRa's Corner 7/16/13

It's about that time...

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1674.93). No daily 3LB changes (reversal is 1652.62). Holding above lower trend line and RSI(14) above 50.

DXY
Bearish long day. Midpoint below EMA(10). Tested and failed the 38.2% minor retrace (82.96). Tested and failed SMA(21,55,89). New low on dally 3LB (reversal is 84.45).

VIX
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (16.45). Daily 3LB reversal up (reversal is 13.79).

GOLD
Bullish short day. Midpoint above EMA(10). Holding above its 0.0% retrace (1221.00). Tested and held SMA(21). New high on daily 3LB (reversal is 1229.80). Must have the precious.

EURUSD
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,55,144). Tested and held its 38.2% retrace (1.3151). New high on daily 3LB (reversal is 1.2790).

JNK
Spinning top day (bearish harami?). Midpoint above EMA(10). Holding above SMA(21). Holding above its 38.2% retrace (39.54). No daily 3LB changes (reversal is 39.14).

10YR YIELD
Bullish short day. Still above all SMA's. Midpoint below EMA(10). Holding above its 50.0% retrace (24.92). No daily 3LB changes (reversal is 25.14).

WTI
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 50.0% retrace (104.37). No dally 3LB changes (reversal is 101.24).

SILVER
Spinning top day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (18.45). No daily 3LB changes (reversal is 18.55).

BKX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 0.0% retrace (64.67). No daily 3LB changes (reversal is 63.94).

HYG/LQD
Spinning top day (bearish harami?). Still above all SMA's. Midpoint above EMA(10). Tested and failed its 61.8% retrace (0.8137). No daily 3LB changes (reversal is 0.7945).

COPPER
Bullish long day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 0.0% retrace (3.042). No daily 3LB changes (reversal is 3.380).

AAPL
Bullish short day. Holding above SMA(21). Midpoint above EMA(10). Holding above its 38.2% minor retrace (406.99). Still failing BB(2,200). New high on daily 3LB (reversal is 422.35).

GSCI
Meeting line day. Midpoint above EMA(10). Now above all SMA's. Tested and held its 61.8% retrace (32.81). No daily 3LB changes (reversal is 32.23).

IWM
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 0.0% retrace (103.11). No daily 3LB changes (reversal is 101.28).

IT HAS BEGUN. YOU HAVE BEEN WARNED.