AmenRa's Corner 1/23/14




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing the 0.0% retrace (1849.44). No daily 3LB changes (reversal is 1819.20). Still failing lower trend line and RSI(14) above 50.



DXY
Bearish long day. Midpoint below EMA(10). Holding above the 38.2% retrace (80.33). Tested and failed SMA(21,55,144). Dally 3LB reversal down (reversal is 81.19).



VIX
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(89,144). Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 14.23).



GOLD
Bullish long day. Midpoint above EMA(10). Holding above its 0.0% retrace (1208.20). Tested and held SMA(55). Daily 3LB reversal up (reversal is 1193.60). Must have the precious.



EURUSD
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,55,89). Still failing its 61.8% retrace (1.3750). Daily 3LB reversal up (reversal is 1.3529).



JNK
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Still failing its 38.2% minor retrace (40.97). No daily 3LB changes (reversal is 40.89).



10YR YIELD
Bearish long day. Tested and failed SMA(55). Midpoint below EMA(10). Holding above its 61.8% retrace (27.41). New low on daily 3LB (reversal is 28.60).



WTI
Bullish short day. Holding above SMA(21,55). Midpoint above EMA(10). Holding above its 61.8% minor retrace (94.54). New high on dally 3LB (reversal is 94.59).



SILVER
Bullish short day. Tested and held SMA(21). Midpoint below EMA(10). Holding above its 0.0% retrace (18.54). No daily 3LB changes (reversal is 19.29).



BKX
Bearish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed its 0.0% retrace (71.27). Daily 3LB reversal down (reversal is 71.40).



HYG/LQD
Bearish short day. Tested and failed SMA(21,144). Midpoint below EMA(10). Tested and failed its 61.8% retrace (0.8137). No daily 3LB changes (reversal is 0.8232).



COPPER
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(55,89,233). Tested and held its 38.2% minor retrace (3.282). No daily 3LB changes (reversal is 3.039).



AAPL
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 38.2% retrace (555.47). Still above BB(2,200) upper bound. No daily 3LB changes (reversal is 532.94).



GSCI
Bearish short day. Midpoint above EMA(10). Tested and held SMA(21,55). Holding above its 61.8% minor retrace (31.04). No daily 3LB changes (reversal is 30.85).



IWM
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 0.0% retrace (116.87). No daily 3LB changes (reversal is 116.20).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

2 comments:

AmenRa said...

Looks like wee have have a weekly 3LB reversal on the SPX. DJT getting monkey hammered. DJ fighting to hold "16000". China's shadow banking about to have its first default. EM's cps shooting higher. Don't worry. All is well. BTFD {snark}

AmenRa said...

New.

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