AmenRa's Corner 8/6/13

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Now failing the 0.0% retrace (1707.85). No daily 3LB changes (reversal is 1692.09). Holding above lower trend line and RSI(14) above 50.

DXY
Bearish short day. Midpoint below EMA(10). Tested and failed the 61.8% minor retrace (81.96). Now failing all SMA's. Dally 3LB reversal down (reversal is 82.35).

VIX
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (16.45). Daily 3LB reversal up (reversal is 11.84).

GOLD
Bearish long day. Midpoint below EMA(10). Still failing its 61.8% minor retrace (1326.90). Tested and failed SMA(21). Daily 3LB reversal down (reversal is 1337.20). Must have the precious.

EURUSD
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (1.3151). No daily 3LB changes (reversal is 1.3339).

JNK
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (40.43). New low on daily 3LB (reversal is 40.21).

10YR YIELD
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 50.0% retrace (24.92). No daily 3LB changes (reversal is 24.88).

WTI
Bearish long day. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 50.0% retrace (104.24). No dally 3LB changes (reversal is 103.08).

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

BKX
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Still failing its 0.0% retrace (66.99). No daily 3LB changes (reversal is 65.39).

HYG/LQD
Bearish short day. Tested and failed SMA(21). Midpoint below EMA(10). Still failing its 61.8% retrace (0.8137). New low on daily 3LB (reversal is 0.8154).

COPPER
Spinning top 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
Spinning top day. Holding above SMA(144). Midpoint above EMA(10). Tested and held its 61.8% retrace (463.72). Still failing BB(2,200). No daily 3LB changes (reversal is 453.32).

GSCI
Bearish short day. Midpoint below EMA(10). Still failing SMA(21,144,233). Tested and held its 50.0% retrace (32.26). No daily 3LB changes (reversal is 32.20).

IWM
Bearish long day. Midpoint above EMA(10). Tested and held SMA(144). Tested and failed its 0.0% retrace (105.35). No daily 3LB changes (reversal is 104.12).

IT HAS BEGUN. YOU HAVE BEEN WARNED.

Any questions?