AmenRa's Corner 10/31/13




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed the 0.0% retrace (1764.99). No daily 3LB changes (reversal is 1754.67). Still failing lower trend line and RSI(14) above 50.



DXY
Bullish long day. Midpoint above EMA(10). Still failing the 38.2% retrace (80.33). Tested and held SMA(21). New high on dally 3LB (reversal is 79.21).



VIX
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 15.72).



GOLD
Bearish long day. Midpoint below EMA(10). Tested and held its 61.8% minor retrace (1326.90). Tested and failed SMA(55). No daily 3LB changes (reversal is 1369.30). Must have the precious.



EURUSD
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 61.8% retrace (1.3751). Daily 3LB reversal down (reversal is 1.3807).



JNK
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 50.0% minor retrace (40.70). Daily 3LB reversal down (reversal is 40.73).



10YR YIELD
Bullish short day. Still failing SMA(21,55,89). Midpoint below EMA(10). Tested and held its 50.0% retrace (24.92). No daily 3LB changes (reversal is 26.14).



WTI
Spinning top day. Now failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% retrace (99.23). New low on dally 3LB (reversal is 98.30).



SILVER
Bearish long day. Tested and failed SMA(21,55,144). Midpoint below EMA(10). Still failing its 38.2% minor retrace (23.14). No daily 3LB changes (reversal is 23.29).



BKX
Bearish long day. Midpoint below EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (62.12). No daily 3LB changes (reversal is 61.88).



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



COPPER
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21,55). Holding above its 38.2% minor retrace (3.274). No daily 3LB changes (reversal is 3.389).



AAPL
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 50.0% retrace (509.60). Holding above BB(2,200). No daily 3LB changes (reversal is 508.89).



GSCI
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 50.0% retrace (32.26). No daily 3LB changes (reversal is 32.64).



IWM
Bearish short day (confirmed bearish engulfing). Midpoint below EMA(10). Tested and failed SMA(144). Still failing its 0.0% retrace (111.49). New low on daily 3LB (reversal is 111.35).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

1 comments:

AmenRa said...

New.

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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.