AmenRa's Corner 5/1/14




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Still failing the 0.0% retrace (1893.17). No daily 3LB changes (reversal is 1890.90). Still failing lower trend line and RSI(14) above 50.



DXY
Spinning top day. Midpoint below EMA(10). Still failing the 38.2% retrace (80.33). Now failing all SMA's. No dally 3LB changes (reversal is 80.22).



VIX
Bearish short day. Midpoint below EMA(10). Now failing all SMA's. Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 12.48).



GOLD
Bearish short day. Midpoint below EMA(10). Still failing its 61.8% minor retrace (1316.10). Tested and failed SMA(89,144). No daily 3LB changes (reversal is 1281.10). Must have the precious.



EURUSD
Bearish short day. Midpoint above EMA(10). Now above all SMA's. Holding above its 61.8% retrace (1.3749). No daily 3LB changes (reversal is 1.3712).



JNK
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21,55). Holding above its 38.2% minor retrace (40.97). No daily 3LB changes (reversal is 41.05).



10YR YIELD
Bearish long day. Now failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% retrace (27.41). New low on daily 3LB (reversal is 27.90).



WTI
Bearish short day. Tested and failed SMA(233). Midpoint below EMA(10). Tested and held its 38.2% retrace (99.10). No dally 3LB changes (reversal is 103.73).



SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (18.58). New low on daily 3LB (reversal is 19.51).



BKX
Bullish short day. Midpoint below EMA(10). Tested and held SMA(144). Holding above its 38.2% minor retrace (67.42). No daily 3LB changes (reversal is 69.92).



HYG/LQD
Bearish long day. Now failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.7940).



COPPER
Spinning top day. Midpoint below EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (2.993). No daily 3LB changes (reversal is 3.336).



QQQ
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(89). Holding above its 38.2% minor retrace (87.07). New high on daily 3LB (reversal is 86.84).



GSCI
Bullish long day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 38.2% minor retrace (33.48). New low on daily 3LB (reversal is 33.41).



IWM
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and held its 50.0% minor retrace (110.76). No daily 3LB changes (reversal is 110.41).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

2 comments:

AmenRa said...

NFP 288k +85k
Private 273k +71k
LFPR 62.8% -0.4
NILF 92018k +988k
Temp 24k -0.7k
PT econ 7465k +54k
PT non-econ 18886k -330k
27wks 3452k -287k
Gov 15k +14k
Wkly hrs 34.5 -nc
U3 sa 6.3% -0.4, nsa 5.9% -0.5
U6 sa 12.3% -0.4, nsa 11.8% -1.0
B/D +234k

AmenRa said...

New.

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