AmenRa's Corner 7/31/13

Posted by AmenRa on Wednesday, July 31, 2013 /
The truth about the FOMC meetings...


Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Spinning top 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
Spinning top day. Midpoint below EMA(10). Tested and failed the 61.8% minor retrace (81.96). Tested and failed SMA(144). No dally 3LB changes (reversal is 82.22).



VIX
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(21). Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 13.78).



GOLD
Spinning top day. Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (1326.90). Tested and failed SMA(55). No daily 3LB changes (reversal is 1284.70). Must have the precious.



EURUSD
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (1.3151). New high on daily 3LB (reversal is 1.3237).



JNK
Bullish engulfing day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 61.8% minor retrace (40.43). No daily 3LB changes (reversal is 40.80).



10YR YIELD
Bearish 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 27.15).



WTI
Bullish long day. Tested and held SMA(21). Midpoint below EMA(10). Tested and held its 50.0% retrace (104.30). No dally 3LB changes (reversal is 107.87).



SILVER
Bullish short 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
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Still failing its 0.0% retrace (66.70). No daily 3LB changes (reversal is 66.71).



HYG/LQD
Spinning top day. Now above all SMA's. Midpoint above EMA(10). Still failing its 61.8% retrace (0.8137). No daily 3LB changes (reversal is 0.8114).



COPPER
Bullish long 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
Bearish short day. Holding above SMA(144). Midpoint above EMA(10). Holding above its 38.2% minor retrace (406.99). Still failing BB(2,200). No daily 3LB changes (reversal is 440.51).



GSCI
Bullish engulfing day. Midpoint below EMA(10). Tested and held SMA(21). Tested and held its 50.0% retrace (32.826). No daily 3LB changes (reversal is 32.64).



IWM
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(144). Still failing its 0.0% retrace (104.76). No daily 3LB changes (reversal is 104.54).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

2 comments:

AmenRa said...

Fugg it. No idea how long the bull run will continue. But considering it's the stock market and not the economy that's getting better then it'll really hurt when the correction hits. IMHO.

August 1, 2013 at 4:30 PM
AmenRa said...

New.

August 1, 2013 at 6:41 PM

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