AmenRa's Corner 8.1.12

Posted by AmenRa on Wednesday, August 1, 2012 / / Comments: (19)
GERMANY AND THE BUNDESBANK GREATEST NEMESIS


Creditcane™: I'm flying to the ECB meeting tomorrow. See you in the morning.


SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Holding above the 38.2% minor retrace (1372.42). No daily 3LB changes (reversal is 1337.89). QE2infinity.



DXY
Bullish long day. Midpoint below EMA(10). Holding above the 38.2% minor retrace (82.46). Tested and failed SMA(21). No daily 3LB changes (reversal is 83.71).



VIX
Doji day. Midpoint above EMA(10). Tested and failed SMA(144). Tested and failed its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 15.45).



GOLD
Bearish short day. Midpoint above EMA(10). Tested and failed its 61.8% retrace (1605.10). Tested and failed SMA(89). No daily 3LB changes (reversal is 1638.90). Must have the precious.



EURUSD
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 0.0% retrace (1.2154). No daily 3LB changes (reversal is 1.2071).



JNK
Bearish short day (hanging man?). Midpoint above EMA(10). Still above all SMA's. Now failing its 50.0% minor retrace (39.86). No daily 3LB changes (reversal is 39.33).



10YR YIELD
Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (14.40). No daily 3LB changes (reversal is 14.04).



WTI
Spinning top day. Tested and held SMA(21). Midpoint below EMA(10). Tested and held its 50.0% minor retrace (88.56). No dally 3LB changes (reversal is 92.97).



SILVER
Bearish short day. Tested and failed SMA(55). Midpoint above EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).



BKX
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(21,144). Still failing its 61.8% retrace (46.14). No daily 3LB changes (reversal is 46.33).



HYG/LQD
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (0.7536). No daily 3LB changes (reversal is 0.7501).



COPPER
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(55). Tested and failed its 50.0% minor retrace (3.359). No daily 3LB changes (reversal is 3.305).



AAPL
Bearish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). No daily 3LB changes (reversal is 614.32).



TLT
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 0.0% retrace (132.04). No daily 3LB changes (reversal is 133.16).



TNX vs ES




Dow Theory








IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 7.31.12

Posted by AmenRa on Tuesday, July 31, 2012 / / Comments: (7)



Creditcane™: I'm flying to NYC tomorrow. My plane arrives at 2:15pm ET.


SPX
Bearish short day (confirmed bearish harami). Midpoint above EMA(10). Still above all SMA's. Holding above the 38.2% minor retrace (1372.42). No daily 3LB changes (reversal is 1337.89). QE2infinity.



DXY
Spinning top day. Midpoint below EMA(10). Holding above the 38.2% minor retrace (82.46). Tested and failed SMA(21). New low on daily 3LB (reversal is 83.71).



VIX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(144). Tested and held its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 15.45).



GOLD
Bearish short day. Midpoint above EMA(10). Holding above its 61.8% retrace (1605.10). Tested and failed SMA(89). No daily 3LB changes (reversal is 1638.90). Must have the precious.



EURUSD
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (1.2154). No daily 3LB changes (reversal is 1.2071).



JNK
Doji day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 50.0% minor retrace (39.86). Daily 3LB reversal up (reversal is 39.33).



10YR YIELD
Spinning top day. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (14.40). No daily 3LB changes (reversal is 14.04).



WTI
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (88.56). New low on dally 3LB (reversal is 92.97).



SILVER
Bearish short day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).



BKX
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(144). Still failing its 61.8% retrace (46.14). No daily 3LB changes (reversal is 46.33).



HYG/LQD
Bearish long day. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (0.7536). No daily 3LB changes (reversal is 0.7501).



COPPER
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55). Tested and failed its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.305).



AAPL
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). No daily 3LB changes (reversal is 614.32).



ES 1-min
Someone sold 63760 contracts in the final minute. Were they a fly on the wall at the FOMC meeting?








IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 7.30.12

Posted by AmenRa on Monday, July 30, 2012 / / Comments: (6)
The Fed and ECB are not the saviors the market thinks they are.


Creditcane™: Bonds are screaming yet equities play deaf.


SPX
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above the 38.2% minor retrace (1372.42). No daily 3LB changes (reversal is 1337.89). Holding above lower trendline and looking to test the upper trendline. QE2infinity.



DXY
Bullish short day. Midpoint below EMA(10). Holding above the 38.2% minor retrace (82.46). Tested and failed SMA(21). No daily 3LB changes (reversal is 84.00).



VIX
Bullish short day. Midpoint below EMA(10). Tested and held SMA(21). Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 15.45).



GOLD
Bullish short day. Midpoint above EMA(10). Holding above its 61.8% retrace (1600.40). Tested and held SMA(89). No daily 3LB changes (reversal is 1638.90). Must have the precious.



EURUSD
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 0.0% retrace (1.2154). No daily 3LB changes (reversal is 1.2071).



JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.85).



10YR YIELD
Bearish short day. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (14.40). No daily 3LB changes (reversal is 14.04).



WTI
Bearish short day. Holding above SMA(55). Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (90.23). No dally 3LB changes (reversal is 92.97).



SILVER
Bullish long day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).



BKX
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and failed its 61.8% retrace (46.14). No daily 3LB changes (reversal is 46.33).



HYG/LQD
Bearish short day. Tested and failed SMA(21,55). Midpoint above EMA(10). Holding above its 0.0% retrace (0.7536). No daily 3LB changes (reversal is 0.7501).



COPPER
Doji day. Midpoint above EMA(10). Tested and held SMA(55). Tested and failed its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.305).



AAPL
Bullish short day. Tested and held SMA(89). Midpoint above EMA(10). Tested and held its 38.2% minor retrace (592.47). No daily 3LB changes (reversal is 614.32).



XLE
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% retrace (68.21). New high on daily 3LB (reversal is 68.63).



XLU
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 0.0% retrace (38.19). New high on daily 3LB (reversal is 37.07).







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.