AmenRa's Corner 7/23/13

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed the 0.0% retrace (1697.61). No daily 3LB changes (reversal is 1682.50). Holding above lower trend line and RSI(14) above 50.

DXY
Bearish short day. Midpoint below EMA(10). Tested and held the 61.8% minor retrace (81.96). Tested and held SMA(144). New low on dally 3LB (reversal is 82.75).

VIX
Bullish thrusting day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 13.78).

GOLD
Doji day. Midpoint above EMA(10). Tested and held its 61.8% minor retrace (1326.90). Tested and failed SMA(55). No daily 3LB changes (reversal is 1283.50). Must have the precious.

EURUSD
Bullish short day. Midpoint above EMA(10). Now above all SMA's. Holding above its 38.2% retrace (1.3151). New high on daily 3LB (reversal is 1.3101).

JNK
Bearish engulfing day. Midpoint above EMA(10). Tested and failed SMA(89,144). Tested and failed its 50.0% minor retrace (40.70). No daily 3LB changes (reversal is 40.30).

10YR YIELD
Spinning top day. Still failing SMA(21). Midpoint below EMA(10). Tested and held its 50.0% retrace (24.92). No daily 3LB changes (reversal is 27.15).

WTI
Spinning top day (didn't confirm evening star). Still above all SMA's. Midpoint above EMA(10). Holding above its 50.0% retrace (104.37). No dally 3LB changes (reversal is 103.40).

SILVER
Bearish short day. Holding above SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (18.45). No daily 3LB changes (reversal is 18.55).

BKX
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (66.70). New high on daily 3LB (reversal is 65.86).

HYG/LQD
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 61.8% retrace (0.8137). No daily 3LB changes (reversal is 0.8126).

COPPER
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(55). Holding above its 0.0% retrace (3.042). No daily 3LB changes (reversal is 3.380).

AAPL
Bearish short day. Tested and held SMA(21). Midpoint below EMA(10). Holding above its 38.2% minor retrace (406.99). Still failing BB(2,200). New low on daily 3LB (reversal is 431.76).

GSCI
Bullish short day (didn't confirm bearish engulfing). Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (32.81). No daily 3LB changes (reversal is 32.84).

IWM
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 0.0% retrace (104.76). No daily 3LB changes (reversal is 103.58).

IT HAS BEGUN. YOU HAVE BEEN WARNED.