AmenRa's Corner 7/3/13

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(21,55). Tested and held the 50.0% minor retrace (1613.34). No daily 3LB changes (reversal is 1651.81). QE2infinity. Still failing trend line and RSI(14) below 50.

DXY
Deep cloud cover day. Midpoint above EMA(10). Holding above the 38.2% minor retrace (82.46). Still above all SMA's. No dally 3LB changes (reversal is 82.94).

VIX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 61.8% minor retrace (16.45). Daily 3LB reversal down (reversal is 20.49).

GOLD
Bullish short 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). Now failing all SMA's. Still failing its 38.2% retrace (1.3151). No daily 3LB changes (reversal is 1.3130).

JNK
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% retrace (39.54). No daily 3LB changes (reversal is 39.97).

10YR YIELD
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 50.0% retrace (24.92). No daily 3LB changes (reversal is 24.19).

WTI
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 38.2% retrace (99.98). New high on dally 3LB (reversal is 93.69).

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
Hanging man day. Midpoint above EMA(10). Still above all SMA's. Still failing its 0.0% retrace (62.49). New high on daily 3LB (reversal is 59.95).

HYG/LQD
Bullish short day. Tested and failed SMA(21). Midpoint below EMA(10). Still failing its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.8063).

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

AAPL
Doji day. Tested and failed 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 393.78).

GSCI
Bullish short day (after gap higher). Midpoint above EMA(10). Tested and held SMA(89). Tested and failed its 38.2% retrace (31.71). No daily 3LB changes (reversal is 31.99).

IWM
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Still failing its 0.0% retrace (99.60). No daily 3LB changes (reversal is 99.51).

IT HAS BEGUN. YOU HAVE BEEN WARNED.