Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
SPX
Bullish long day. Midpoint below EMA(10). Tested and held SMA(89). Tested and held the 50.0% minor retrace (1639.98). No daily 3LB changes (reversal is 1663.50). Still failing lower trend line and RSI(14) below 50.
DXY
Bearish short day. Midpoint above EMA(10). Tested and failed the 50.0% minor retrace (82.46). Tested and failed SMA(55,144). No dally 3LB changes (reversal is 82.00).
VIX
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 61.8% minor retrace (16.45). Daily 3LB reversal down (reversal is 17.01).
GOLD
Bearish long day. Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (1392.20). Holding above SMA(89). No daily 3LB changes (reversal is 1371.00). Must have the precious.
EURUSD
Bullish short day. Midpoint below EMA(10). Tested and held SMA(55). Tested and held its 38.2% retrace (1.3151). No daily 3LB changes (reversal is 1.3421).
JNK
Doji day. Midpoint below EMA(10). Now failing all SMA's. Tested and failed 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 29.01).
WTI
Bearish long day. Now above all SMA's. Midpoint above EMA(10). Tested and failed its 61.8% retrace (108.57). No dally 3LB changes (reversal is 110.10).
SILVER
Bearish long day. Tested and failed SMA(144). Midpoint above EMA(10). Holding above its 38.2% minor retrace (23.09). No daily 3LB changes (reversal is 23.38).
BKX
Bullish short day. Midpoint below EMA(10). Tested and held SMA(89). Holding above its 38.2% minor retrace (62.12). No daily 3LB changes (reversal is 64.55).
HYG/LQD
Bullish short day. Tested and held SMA(55). Midpoint below EMA(10). Still failing its 61.8% retrace (0.8137). No daily 3LB changes (reversal is 0.8199).
COPPER
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% minor retrace (3.274). No daily 3LB changes (reversal is 3.389).
AAPL
Spinning top day. Now 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 507.74).
GSCI
Bearish long day (Hulk smash!). Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (32.81). No daily 3LB changes (reversal is 33.29).
IWM
Bullish short day. Midpoint below EMA(10). Tested and held SMA(55,144). Still failing its 0.0% retrace (105.35). No daily 3LB changes (reversal is 102.11).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
2 comments:
http://www.bloomberg.com/news/2013-09-04/how-the-bank-lobby-loosened-u-s-reins-on-derivatives.html#disqus_thread
How the Bank Lobby Loosened U.S. Reins on Derivatives
Gensler's no hero but the financial industry wants to put the scarlet letter on him.
Say what you want but there are SIX unresolved real gaps higher on TNX since May.
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