AmenRa's Corner 7/8/13

Posted by AmenRa on Monday, July 8, 2013 /



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,55). Tested and held the 38.2% minor retrace (1627.00). No daily 3LB changes (reversal is 1651.81). QE2infinity. Still failing trend line and RSI(14) above 50.



DXY
Bearish harami day. Midpoint above EMA(10). Holding above the 0.0% retrace (84.00). Still above all SMA's. No dally 3LB changes (reversal is 83.14).



VIX
Inverted hammer day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 61.8% minor retrace (16.45). New low on daily 3LB (reversal is 18.59).



GOLD
Bullish harami day. Midpoint below EMA(10). Tested and held 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 thrusting day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% retrace (1.3151). No daily 3LB changes (reversal is 1.3096).



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
Bearish thrusting 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
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% retrace (99.98). No dally 3LB changes (reversal is 95.14).



SILVER
Bullish harami 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
Bullish short day (evening star forming?). Midpoint above EMA(10). Still above all SMA's. Holding above its 0.0% retrace (63.94). New high on daily 3LB (reversal is 62.30).



HYG/LQD
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above 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. Holding above its 0.0% retrace (3.042). No daily 3LB changes (reversal is 3.380).



AAPL
Bearish short day. Tested and failed 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 393.78).



GSCI
Spinning top day. Midpoint above EMA(10). Holding above SMA(89). Holding above its 38.2% retrace (31.71). Daily 3LB reversal up (reversal is 30.68).



IWM
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above its 0.0% retrace (99.60). New high on daily 3LB (reversal is 94.71).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

2 comments:

AmenRa said...

Earnings time. How many companies will beat lowered expectations? Consensus expectations a month ago is very different from six months to a year ago. So it's obvious the analysts don't have a f'in clue. Personally I like to look at YoY EPS & revenue. At least $0.10 in EPS. Just my $0.02.

July 9, 2013 at 3:56 PM
AmenRa said...

New.

July 9, 2013 at 5:16 PM

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