A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
Creditcane™: In the beginning there was QE and it was good. Then Creditcane doubted QE and was banished from the halls of 33 Liberty.
SPX
Bearish engulfing day (after an evening star failure). Midpoint above EMA(10). Above all SMA's. No daily 3LB changes (reversal is 1193.57). The monthly 3LB reversal has been placed on IR. QE2infinity.
DXY
Hanging man day (prefer a lower close to indicate possible reversal). Midpoint above EMA(10). Above the 85.4% retrace at 76.29. Closed above weekly 3LB mid. No daily 3LB changes (reversal is 78.18).
VIX
Bullish harami day. Midpoint below EMA(10). Back below all SMA's. Below weekly 3LB mid and monthly 3LB mid. Failed to close gap. No daily 3LB changes (reversal is 21.83). Getting comfortable in the "no fear" zone.
GOLD
Bearish engulfing day. Still above all SMA's. Midpoint above EMA(10). Failed new 0% retrace. No daily 3LB changes (reversal is 1357.60).
EURUSD
Bearish long day. Midpoint below EMA(10). Failed its 61.8% retrace at 1.3899. Back below 1.3782 (.09 fib from high). Back below SMA(21). No daily 3LB changes (reversal is 1.3732).
JNK
Bearish long day (even engulfed a down day). Closed rising window (gap). Still above all SMA's. Midpoint above EMA(10). Trading range is still between the Gann 3x1 and 4x1. No daily 3LB changes (reversal is 40.42).
10YR YIELD
Bullish long day. The 0.0% fibo retrace at 23.59 is the line in the sand. Still above the weekly 3LB mid (25.35) and above SMA(21) & SMA(55). Midpoint above EMA(10). No daily 3LB changes (reversal is 27.12).
DJ TRANS AVG
Bearish long day. Resolved doji days lower. Above all SMA's. Midpoint above EMA(10). No daily 3LB changes (reversal is 4818.62).
CRB
Bullish short day. Created a rising window (gap). Midpoint above EMA(10). Above all SMA's. Still failing the Gann 1x1. New high on daily 3LB (reversal is 312.30).
XLF
Bearish long day. Confirmed bearish harami (with a vengeance). Midpoint above EMA(10). Still above all SMA's. No daily 3LB changes (reversal is 14.23).
EURJPY
Spinning top day. Back below SMA(21) & SMA(144). Midpoint below EMA(10). Approaching its 23.6% retrace at 1.1121. No daily 3LB changes (reversal is 1.1170).
SLV
Bearish engulfing day. Midpoint above EMA(10). Above all SMA's. Failed the new 0% retrace (did make a new one though). No daily 3LB changes (reversal is 24.31).
20 comments:
That was sort of an "ominous" day for Gold....
Just sayin'.....
I recommend everyone keep an eye on Andy's SPX count.
Andy,
I've started watching Mad Men and every time I see Don Draper I think, "Hey! Andy T's on TV!".
A couple thoughts tonight:
1. Glee, the TV show, it's just really awful.
2. There have been some food items that have "come out" the last few years, starting with the McGriddle and most recently the two pieces of chicken with cheese and bacon in the middle as a sandwich at KFC, that basically are disgusting. Now though, I think Dunkin D's came out with something I might try out, with the Meat Munchkins.
3. That show Glee really blows.
Ben
KFC presents a heart attack without the bun. Brought to you by Obamacare.
http://consumerist.com/2010/11/dunkin-donuts-new-meat-munchkins.html
I wouldn't normally make light of an attempted assault on a woman or anyone for that matter. And, that's not what my intent is here.
But, this guy Antoine Dodson is quite funny...
He's like an SNL character coming to life on the evening news.
Hide your kids, Hide your wife, Hide your husbands
check this out, too bad the government won't allow solutions like these on a wide scale:
http://consumerist.com/2010/11/adversely-possessing-empty-houses.html
andy,
right, that's not a funny thing that happened there, but wow, that video, I'm dying over here, that was maybe the funniest thing I've seen in months.
all I have to say-
the Fed has your back
McFear:
"You are so dumb...for real"
We've been dying in our office the last two days laughing with/at that guy...
McFear@9.22
I like that story...that's the entrepreneurial spirit at work. To make things fit within the law, banks should be hiring guys like that....
Perfect solution...
Find people that can turn a non-performing asset into something that has value.
-at
Not sure if you noticed it, but Antoine Dodson's rant has been turned into a rap that has been viewed nearly 30 million times....
Gotta love the intertubes.
How can you NOT like the KFC Double Down? I plan on eating one per year.
I just watched it again, it was just as funny the second time.
the rap video has 39 million views,
G I B
and I just "liked" the rap video, btw.
I wish KFC would just focus on producing the good "Original Recipe" and "Extra Crunchy" action.
That stuff is pretty damn good when you have a craving for it. My problem with KFC is that the 2-3 times/year I go into one to cure that craving, I feel like I'm dealing with the LCD* of employees.
* Lowest Common Denominator (LCD)
But the Colonel does have is ways.....
I Hated the Colonel
spoonman said...
Andy,
I've started watching Mad Men and every time I see Don Draper I think, "Hey! Andy T's on TV!".
~~~~~~~~~~~~
Man, I hope you Netflix'd the first the few seasons. They were really, really good.
CV is up early this morning...
Did anyone notice the IYR candle yesterday?
Most fun to look at in 60 minute candles...
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