AmenRa's Corner 3.12.12

Posted by AmenRa on Monday, March 12, 2012 / / Comments: (40)


Creditcane™: An EMP would make me disappear. Unfortunately I'm like a cockroach. I don't die.


SPX
Doji day. Midpoint above EMA(10). Holding above SMA(21). Holding above the 0.0% retrace (1359.44). No daily 3LB changes (reversal is 1374.09). QE2infinity.




DXY
Bearish harami day. Midpoint above EMA(10). Tested and failed the 50.0% minor retrace (79.96). Still above all SMA's. No daily 3LB changes (reversal is 78.27).



VIX
Doji day. Midpoint below EMA(10). Failing all SMA's. Failing its 61.8% minor retrace (18.81). New low on daily 3LB (reversal is 21.14).



GOLD
Bearish short day. Midpoint below EMA(10). Failing its 38.2% retrace (1721.70). Tested and held SMA(89). No daily 3LB changes (reversal is 1672.10). Still above monthly 3LB mid. Must have the precious.



EURUSD
Bullish harami day. Midpoint below EMA(10). Tested and held SMA(55). Tested and held its 50.0% minor retrace (1.3145). No daily 3LB changes (reversal is 1.3063).



JNK
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.88).



10YR YIELD
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.47).



WTI
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 50.0% minor retrace (106.97). No dally 3LB changes (reversal is 109.77). Not confirming the monthly 3LB reversal down.



SILVER
Bearish short day. Tested and failed SMA(144). Midpoint below EMA(10). Failing its 61.8% retrace (35.41). No daily 3LB changes (reversal is 37.20).



BKX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 50.0% retrace (43.76). No daily 3LB changes (reversal is 45.79).



HYG/LQD
Bullish short day. Tested and failed SMA(21). Midpoint above EMA(10). Failing its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7857).



EEM
Bearish short day. Midpoint below EMA(10). Failing SMA(21). Tested and failed its 61.8% retrace (43.48). No daily 3LB changes (reversal is 44.75).



AAPL
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 0.0% retrace (547.61). Daily 3LB reversal up (reversal is 530.26).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

Week Ahead Glimpse: S&P500 and DXY

Posted by Andy T on Sunday, March 11, 2012 / / Comments: (30)
Hope everyone had a good weekend.

I spy a small triangle development on the S&P500 next several days....  We should get some choppy downside action next few days as we carve the c-wave of this triangle.

I like the idea of scale-selling the DXY in front of 80.50.

Other than that I'm just wondering where all this rain is coming form in Houston-ville...We couldn't buy a drop last year amidst the worst drought we had seen...and now it won't stop.

Market Commentary 11Mar12

AmenRa's Corner 3.9.12

Posted by AmenRa on Friday, March 9, 2012 / / Comments: (36)
aka Sovereign Debt

Creditcane™: It's going to be hard to get a good nights sleep this weekend. Har har har.


SPX
Bullish short day. Midpoint above EMA(10). Holding above SMA(21). Holding above the 0.0% retrace (1359.44). No daily 3LB changes (reversal is 1374.09). QE2infinity.



DXY
Bullish long day. Midpoint above EMA(10). Tested and held the 50.0% minor retrace (79.96). Tested and held SMA(55,89). New high on daily 3LB (reversal is 78.27).



VIX
Spinning top day (that's two real gaps lower). Midpoint below EMA(10). Failing all SMA's. Failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 21.14).



GOLD
Bullish short day. Midpoint below EMA(10). Failing its 38.2% retrace (1721.30). Tested and held SMA(89). Daily 3LB reversal up (reversal is 1672.10). Still above monthly 3LB mid. Must have the precious.



EURUSD
Bearish engulfing day (but not in an uptrend). Midpoint below EMA(10). Tested and failed SMA(21,89). Tested and failed its 50.0% minor retrace (1.3148). No daily 3LB changes (reversal is 1.3063).



JNK
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.88).



10YR YIELD
Bullish short day. Now above all SMA's. Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.47).



WTI
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (107.86). No dally 3LB changes (reversal is 109.77). Not confirming the monthly 3LB reversal down.



SILVER
Bullish short day. Tested and held SMA(144). Midpoint below EMA(10). Failing its 61.8% retrace (35.41). No daily 3LB changes (reversal is 37.20).



BKX
Bullish short day. Midpoint above EMA(10). Now above all SMA's. Holding above its 50.0% retrace (43.76). No daily 3LB changes (reversal is 45.79).



HYG/LQD
Bullish short day. Tested and failed SMA(21). Midpoint above EMA(10). Tested and failed its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7857).



USDJPY
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (81.430). New high on daily 3LB (reversal is 80.97).



COPPER
Bullish short day. Midpoint below EMA(10). Tested and held SMA(21). Tested and held its 50.0% retrace (3.839). No daily 3LB changes (reversal is 3.987).



AAPL
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 0.0% retrace (547.61). No daily 3LB changes (reversal is 545.18).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 3.8.12

Posted by AmenRa on Thursday, March 8, 2012 / / Comments: (98)
"You'll never learn. I guess it's time for an old school lesson."

Creditcane™: I'm still here. You don't think it's that easy to get rid of me? Do you?


SPX
Bullish long day (confirmed bullish harami). Midpoint above EMA(10). Tested and held SMA(21). Tested and held the 0.0% retrace (1359.44). No daily 3LB changes (reversal is 1374.09). QE2infinity.



DXY
Bearish long day (confirmed bearish harami). Midpoint above EMA(10). Tested and failed the 61.8% minor retrace (79.60). Tested and failed SMA(55,89). No daily 3LB changes (reversal is 78.27).



VIX
Spinning top day (closed one window & opened another). Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 21.14).



GOLD
Bullish short day (weak confirmation of bullish harami). Midpoint below EMA(10). Failing its 38.2% retrace (1721.30). Tested and failed SMA(89). No daily 3LB changes (reversal is 1711.30). Still above monthly 3LB mid. Must have the precious.



EURUSD
Bullish long day (confirmed bullish harami). Midpoint below EMA(10). Tested and held SMA(21,89). Tested and held its 61.8% minor retrace (1.3236). No daily 3LB changes (reversal is 1.3063).



JNK
Bullish short day (confirmed bullish harami). Midpoint below EMA(10). Failing SMA(21). Failing its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.88).



10YR YIELD
Spinning top day. Tested and held SMA(144). Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.47).



WTI
Bullish short day (weak confirmation of bullish harami). Back above all SMA's. Midpoint above EMA(10). Failing its 38.2% minor retrace (107.86). No dally 3LB changes (reversal is 109.77). Not confirming the monthly 3LB reversal down.



SILVER
Bullish short day (weak confirmation of bullish harami). Tested and failed SMA(144). Midpoint below EMA(10). Failing its 61.8% retrace (35.41). No daily 3LB changes (reversal is 37.20).



BKX
Bullish short day (confirmed bullish harami). Midpoint above EMA(10). Tested and held SMA(21). Holding above its 50.0% retrace (43.76). No daily 3LB changes (reversal is 45.79).



HYG/LQD
Bullish long day. Tested and held SMA(144). Midpoint below EMA(10). Failing its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7857).



EEM
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 61.8% retrace (43.48). No daily 3LB changes (reversal is 44.75).



EUFN
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% retrace (18.04). No daily 3LB changes (reversal is 18.39).



AAPL
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Failing its 0.0% retrace (547.61). No daily 3LB changes (reversal is 545.18).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

Disclosure/Warning

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.