AmenRa's Corner 7.10.12

Posted by AmenRa on Tuesday, July 10, 2012 / / Comments: (8)



Creditcane™: Is the market finally starting to wake up to the realization that there will not be any Fed stimulus?


SPX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55) but held SMA(21). Tested and failed the 61.8% minor retrace (1343.55). New low on daily 3LB (reversal is 1365.51). QE2infinity.



DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 0.0% retrace (83.11). Still above all SMA's. New high on daily 3LB (reversal is 82.62).



VIX
Bullish long day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and failed its 61.8% minor retrace (18.81). New high on daily 3LB (reversal is 16.80).



GOLD
Spinning top day. Midpoint below EMA(10). Tested and failed its 61.8% retrace (1600.40). Tested and failed SMA(21). No daily 3LB changes (reversal is 1634.20). Must have the precious.



EURUSD
Bearish short day (didn't confirm bullish harami). Midpoint below EMA(10). Still failing all SMA's. Still failing its 0.0% minor retrace (1.2373). New low on daily 3LB (reversal is 1.2468).



JNK
Bearish engulfing day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (38.86). No daily 3LB changes (reversal is 39.08).



10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (14.71). No daily 3LB changes (reversal is 17.65).



WTI
Bearish long day. Holding above SMA(21). Midpoint above EMA(10). Now failing its 38.2% minor retrace (86.56). No dally 3LB changes (reversal is 77.69).



SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).



BKX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21,55). Still failing its 61.8% retrace (46.14). New low on daily 3LB (reversal is 46.08).



HYG/LQD
Bearish long day. Tested and failed SMA(21,55). Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (0.7678). Daily 3LB reversal down (reversal is 0.7754).



COPPER
Bearish short day. Midpoint below EMA(10). Tested and held SMA(21). Tested and failed its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.305).



AAPL
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). No daily 3LB changes (reversal is 592.52).



TLT
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Still failing its 0.0% retrace (129.08). No daily 3LB changes (reversal is 124.20).



SPX TNX WTI
One of these is heading in the wrong direction.








IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 7.9.12

Posted by AmenRa on Monday, July 9, 2012 / / Comments: (10)
"Hurry up FOMC! He's gaining on us!"


Creditcane™: Is this the best you can do with the horrible NFP I gave you on Friday?


SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Still failing the 50.0% minor retrace (1357.98). New low on daily 3LB (reversal is 1374.02). QE2infinity.



DXY
Bearish thrusting day. Midpoint above EMA(10). Tested and held the 0.0% retrace (83.11). Still above all SMA's. No daily 3LB changes (reversal is 81.63).



VIX
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (18.81). New high on daily 3LB (reversal is 16.66).



GOLD
Bullish short day. Midpoint below EMA(10). Still failing its 61.8% retrace (1600.40). Still failing all SMA's. No daily 3LB changes (reversal is 1634.20). Must have the precious.



EURUSD
Bullish harami day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 0.0% minor retrace (1.2373). No daily 3LB changes (reversal is 1.2668).



JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (38.86). No daily 3LB changes (reversal is 39.08).



10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (14.71). No daily 3LB changes (reversal is 17.65).



WTI
Bullish long day. Holding above SMA(21). Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (86.56). No dally 3LB changes (reversal is 77.69).



SILVER
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).



BKX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 61.8% retrace (46.14). New low on daily 3LB (reversal is 46.24).



HYG/LQD
Bearish short day. Tested and failed SMA(21,55). Midpoint below EMA(10). Holding above its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7651).



COPPER
Bullish short day. Midpoint below EMA(10). Tested and held SMA(21). Tested and held its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.305).



AAPL
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). New high on daily 3LB (reversal is 592.52).



RBOB Gasoline
Bullish long day. Midpoint above EMA(10). Holding above SMA(55). Tested and held its 61.8% retrace (2.674). No daily 3LB changes (reversal is 2.47).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 7.6.12

Posted by AmenRa on Friday, July 6, 2012 / / Comments: (10)



Creditcane™: Hope is futile. You will be assimilated.


SPX
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Tested and failed the 50.0% minor retrace (1357.98). Daily 3LB reversal down (reversal is 1374.02). QE2infinity.



DXY
Bullish long day. Midpoint above EMA(10). Tested and held the 0.0% retrace (83.11). Still above all SMA's. New high on daily 3LB (reversal is 81.63).



VIX
Bearish long day (really???). Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 16.66).



GOLD
Bearish long day. Midpoint below EMA(10). Tested and failed its 61.8% retrace (1600.40). Tested and failed SMA(21,55). No daily 3LB changes (reversal is 1634.20). Must have the precious.



EURUSD
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 0.0% minor retrace (1.2373). New low on daily 3LB (reversal is 1.2668).



JNK
Doji day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (38.86). No daily 3LB changes (reversal is 39.08).



10YR YIELD
Bearish long day. Now failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (14.71). No daily 3LB changes (reversal is 17.65).



WTI
Bearish long day. Holding above SMA(21). Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (86.56). No dally 3LB changes (reversal is 77.69).



SILVER
Bearish long day. Now failing all SMA's. Midpoint below EMA(10). Holding above its 100.0% retrace (26.66). No daily 3LB changes (reversal is 26.29).



BKX
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 61.8% retrace (46.14). Daily 3LB reversal down (reversal is 46.24).



HYG/LQD
Bearish short day. Tested and held SMA(21) but failed SMA(55). Midpoint below EMA(10). Holding above its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7651).



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



AAPL
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (592.47). No daily 3LB changes (reversal is 570.77).







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.