AmenRa's Corner 10/1/13

Posted by AmenRa on Tuesday, October 1, 2013 /



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish long day. Midpoint below EMA(10). Tested and held SMA(21). Still failing the 0.0% retrace (1729.44). No daily 3LB changes (reversal is 1725.52). Still failing lower trend line and RSI(14) back above 50.



DXY
Bearish short day. Midpoint below EMA(10). Tested and failed the 38.2% retrace (80.33). Still failing all SMA's. New low on dally 3LB (reversal is 81.15).



VIX
Bearish long day (closed gap). Midpoint above EMA(10). Still above all SMA's. Tested and failed its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 13.16).



GOLD
Bearish long day. Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (1326.90). Tested and failed SMA(55,89). Daily 3LB reversal down (reversal is 1369.30). Must have the precious.



EURUSD
Doji day. Midpoint above EMA(10). Still above all SMA's. Holding above its 50.0% retrace (1.3453). New high on daily 3LB (reversal is 1.3173).



JNK
Bullish short day (after gap lower). Midpoint below EMA(10). Tested and failed SMA(21). Holding above its 38.2% retrace (39.54). No daily 3LB changes (reversal is 39.42).



10YR YIELD
Bullish short day. Still failing SMA(55). Midpoint below EMA(10). Still failing its 61.8% retrace (27.41). No daily 3LB changes (reversal is 28.84).



WTI
Bearish short day. Tested and failed SMA(89). Midpoint below EMA(10). Still failing its 50.0% retrace (103.49). New low on dally 3LB (reversal is 103.13).



SILVER
Bearish short day. Tested and failed SMA(55,89). Midpoint below EMA(10). Still failing its 38.2% minor retrace (23.09). Daily 3LB reversal down (reversal is 23.29).



XLF
Bullish short day. Midpoint below EMA(10). Tested and held SMA(89). Holding above its 38.2% minor retrace (19.47). No daily 3LB changes (reversal is 20.52).



HYG/LQD
Bullish long day. Tested and held SMA(89). Midpoint below EMA(10). Still failing its 61.8% retrace (0.8137). No daily 3LB changes (reversal is 0.8034).



COPPER
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(144). Tested and failed its 38.2% minor retrace (3.274). No daily 3LB changes (reversal is 3.389).



AAPL
Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 61.8% retrace (463.72). Still failing BB(2,200). No daily 3LB changes (reversal is 450.12).



GSCI
Bearish short day. Midpoint below EMA(10). Now failing SMA(89). Tested and held its 38.2% retrace (31.71). New low on daily 3LB (reversal is 32.57).



IWM
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (107.61). New high on daily 3LB (reversal is 105.04).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

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This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.