AmenRa's Corner 8/21/13

"Thanks Ben. The fruit basket is on the way."

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish short day (didn't confirm bullish harami). Midpoint below EMA(10). Tested and held SMA(89). Tested and held the 50.0% minor retrace (1639.98). New low on daily 3LB (reversal is 1661.32). Still failing lower trend line and RSI(14) below 50.

DXY
Bullish long day. Midpoint below EMA(10). Still failing the 61.8% minor retrace (81.96). Still failing all SMA's. No dally 3LB changes (reversal is 81.62).

VIX
Doji day (didn't confirm hanging man). Midpoint above EMA(10). Tested and held SMA(55). Tested and failed its 61.8% minor retrace (16.45). New high on daily 3LB (reversal is 13.41).

GOLD
Doji day. Midpoint above EMA(10). Tested and held its 50.0% minor retrace (1359.60). Tested and held SMA(89). No daily 3LB changes (reversal is 1294.10). Must have the precious.

EURUSD
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Still failing its 50.0% retrace (1.3449). No daily 3LB changes (reversal is 1.3216).

JNK
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% retrace (39.54). No daily 3LB changes (reversal is 39.73).

10YR YIELD
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% retrace (27.41). No daily 3LB changes (reversal is 27.23).

WTI
Bearish long day. Still failing SMA(21). Midpoint below EMA(10). Tested and failed its 50.0% retrace (104.16). No dally 3LB changes (reversal is 102.94).

SILVER
Bearish short day. Holding above SMA(89). Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (23.09). No daily 3LB changes (reversal is 21.34).

BKX
Spinning top day. Midpoint below EMA(10). Still failing SMA(21). Still failing its 0.0% retrace (66.99). No daily 3LB changes (reversal is 65.33).

HYG/LQD
Bearish short day. Tested and held SMA(21). Midpoint above EMA(10). Tested and failed its 61.8% retrace (0.8137). Daily 3LB reversal down (reversal is 0.8178).

COPPER
Bearish short day. Midpoint above EMA(10). Still failing SMA(144). Holding above its 0.0% retrace (3.042). No daily 3LB changes (reversal is 3.380).

AAPL
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Still failing its 50.0% retrace (509.60). Still failing BB(2,200). No daily 3LB changes (reversal is 489.57).

GSCI
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 61.8% retrace (32.81). No daily 3LB changes (reversal is 32.04).

IWM
Spinning top day. Midpoint below EMA(10). Tested and held SMA(55). Still failing its 0.0% retrace (105.35). No daily 3LB changes (reversal is 103.72).

IT HAS BEGUN. YOU HAVE BEEN WARNED.