AmenRa's Corner 5/6/14




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bearish long 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
Bearish long day. Midpoint below EMA(10). Still failing the 38.2% retrace (80.33). Still failing all SMA's. New low on dally 3LB (reversal is 79.78).



VIX
Bullish short day. Midpoint above 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
Spinning top day. Midpoint above EMA(10). Still failing its 61.8% minor retrace (1316.10). Tested and held SMA(233). No daily 3LB changes (reversal is 1288.50). Must have the precious.



EURUSD
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (1.3749). New high on daily 3LB (reversal is 1.3793).



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



10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% retrace (27.41). No daily 3LB changes (reversal is 26.28).



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



SILVER
Bullish short day. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (18.58). New high on daily 3LB (reversal is 19.17).



BKX
Bearish long day. Midpoint below EMA(10). Now failing all SMA's. Tested and failed its 38.2% minor retrace (67.42). New low on daily 3LB (reversal is 68.86).



HYG/LQD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 38.2% retrace (0.7907). Daily 3LB reversal down (reversal is 0.8043).



COPPER
Spinning top day. Midpoint above EMA(10). Holding above SMA(21,55). Holding above its 0.0% retrace (2.993). No daily 3LB changes (reversal is 3.336).



QQQ
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(89,144). Tested and failed its 38.2% minor retrace (87.07). Daily 3LB reversal down (reversal is 87.95).



GSCI
Bearish short day. Midpoint below EMA(10). Holding above SMA(55,89,233). Still failing its 38.2% minor retrace (33.48). New low on daily 3LB (reversal is 33.30).



IWM
Bearish long day. Midpoint below EMA(10). Still failing SMA(21,55,89,144). Tested and failed its 50.0% minor retrace (110.76). Daily 3LB reversal down (reversal is 114.62).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 5/5/14




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish short 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). Still failing all SMA's. No dally 3LB changes (reversal is 80.22).



VIX
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(21). Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 12.48).



GOLD
Bullish short day. Midpoint above EMA(10). Still failing its 61.8% minor retrace (1316.10). Tested and held SMA(233). New high on daily 3LB (reversal is 1300.80). Must have the precious.



EURUSD
Spinning top day. Midpoint above EMA(10). Still 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
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% retrace (27.41). No daily 3LB changes (reversal is 26.28).



WTI
Spinning top 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. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (18.58). New high on daily 3LB (reversal is 19.04).



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



HYG/LQD
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 38.2% retrace (0.7907). No daily 3LB changes (reversal is 0.7940).



COPPER
Bearish short day. Midpoint above EMA(10). Tested and held SMA(55). Holding above its 0.0% retrace (2.993). No daily 3LB changes (reversal is 3.336).



QQQ
Bullish long day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 38.2% minor retrace (87.07). New high on daily 3LB (reversal is 87.53).



GSCI
Bearish short day. Midpoint below EMA(10). Tested and held SMA(55). Still failing its 38.2% minor retrace (33.48). New low on daily 3LB (reversal is 33.33).



IWM
Bullish short day. Midpoint below EMA(10). Still failing SMA(21,55,89,144). 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.

AmenRa's Corner 5/2/14




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPY (SPDR S&P 500)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 188.26
rev= 178.18; mid= 183.22


monthly info new high 188.31
trend=up
high= 188.31; rev= 184.69; mid= 186.50

XLB (SPDR Materials)
-no change (above mid)
trend=no
direction=down (1 bar)
low= 46.03
rev= 47.79; mid= 46.91


monthly info new high 47.67
trend=up
high= 47.67; rev= 46.22; mid= 46.95

XLE (SPDR Energy)
new high 93.72
trend=up
high= 93.72
rev= 90.16; mid= 91.94



monthly info new high 93.74
trend=up
high= 93.74; rev= 86.44; mid= 90.09

XLF (SPDR Financial)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 22.37
rev= 21.06; mid= 21.72


monthly info -no change (above mid)
trend=up
high= 22.34; rev= 20.57; mid= 21.46

XLI (SPDR Industrials)
-no change (above mid)
trend=no
direction=up (2 bars)
high= 53.00
rev= 49.81; mid= 51.41


monthly info new high 53.03
trend=up
high= 53.03; rev= 50.40; mid= 51.72

XLK (SPDR Technology)
-change (above mid)
trend=no
direction=down (2 bars)
low= 35.20
rev= 36.42; mid= 35.81


monthly info new high 36.45
trend=up
high= 36.45; rev= 34.69; mid= 35.57

XLP (SPDR Consumer Staples)
new high 44.20
trend=up
high= 44.20
rev= 41.48; mid= 42.84



monthly info MONTHLY CONFIRMATION new high 44.24
trend=no; direction=up (2 bars)
high= 44.24; rev= 40.76; mid= 42.50

XLU (SPDR Utilities)
-no change (above mid)
trend=up
high= 43.11
rev= 41.46; mid= 42.29



monthly info new high 43.26
trend=up
high= 43.26; rev= 39.10; mid= 41.18

XLV (SPDR Healthcare)
-no change (below mid)
trend=down
low= 55.71
rev= 59.44; mid= 57.58



monthly info -no change (above mid)
trend=up
high= 59.44; rev= 55.26; mid= 57.35

XLY (SPDR Consumer Discretionary)
-no change (below mid)
trend=no
direction=down (1 bar)
low= 62.24
rev= 67.39; mid= 64.82


monthly info -no change (below mid)
trend=up
high= 66.84; rev= 63.41; mid= 65.13

XPH (SPDR Pharmaceuticals)
WEEKLY CONFIRMATION new high 95.93
trend=no
direction=up (2 bars)
high= 95.93
rev= 87.65; mid= 91.79


monthly info -no change (above mid)
trend=up
high= 99.20; rev= 78.31; mid= 88.76

XRT (SPDR Retail)
-change (above mid)
trend=down
low= 79.85
rev= 88.03; mid= 83.94



monthly info -change (below mid)
trend=no; direction=down (1 bar)
high= 79.85; rev= 88.46; mid= 84.16

RBOB (RBOB Gasoline)
WEEKLY REVERSAL new low 2.94
trend=no
direction=down (1 bar)
low= 2.94
rev= 3.03; mid= 2.99


monthly info -no change (above mid)
trend=up
high= 3.13; rev= 2.58; mid= 2.86





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.