AmenRa's Corner

A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.

Creditcane™: You can't fix debt problems with more debt. My job is to show you what happens when that solution is chosen.

SPX
Doji day (struggling to close above the 11/9/10 midpoint). 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
Bullish long day. Midpoint above EMA(10). Above the 76.4% retrace at 77.60. Now above the weekly 3LB reversal. No daily 3LB changes (reversal is 78.18).



VIX
Bearish long day (failed to confirm inverted hammer). Midpoint below EMA(10). Back below all SMA's. Below weekly 3LB mid and monthly 3LB mid. Failing to close gap. No daily 3LB changes (reversal is 21.83). Getting too comfortable in the "no fear" zone.



GOLD
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Failed new 0% retrace. Still looks to have its mojo. No daily 3LB changes (reversal is 1383.10).



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). Daily 3LB reversal down (reversal is 1.4202). Also below weekly 3LB reversal price.



JNK
Spinning top day. Back below SMA(21). Midpoint below EMA(10). Tested and failed the Gann 4x1. Daily 3LB reversal down (reversal is 41.25).



DJ TRANS AVG
Bullish short day. Failing to get above 11/09/10 midpoint. Above all SMA's. Midpoint above EMA(10). No daily 3LB changes (reversal is 4818.62).



CRB
Bearish long day. Closed the gap. Midpoint above EMA(10). Above all SMA's. Still failing the Gann 1x1. No daily 3LB changes (reversal is 312.30).



XLF
Doji day. Candle addition says even more bearish. Midpoint above EMA(10). Still above all SMA's. No daily 3LB changes (reversal is 14.23).



XRT
Spinning top day. Midpoint above EMA(10). Still above all SMA's. No daily 3LB changes (reversal is 44.03). Holiday estimates may be too high.