AmenRa's Corner

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



Creditcane™: Somehow they stopped my rampage. I'll have to come up with a holiday surprise.



SPX
Doji day (tweezer top still in effect). Midpoint above EMA(10). Still above all SMA's. New high on daily 3LB (reversal is 1240.39). QE2infinity. Is this the best the bulls can do on opex?



DXY
Spinning top day. Midpoint above EMA(10). Below the 38.2% retrace at 80.63. Back above SMA(89) & SMA(21). No daily 3LB changes (reversal is 81.19).



VIX
Bearish LONG day. Midpoint below EMA(10). Still below all SMA's. New low on daily 3LB (reversal is 17.99). Relocated to the "no fear" zone (for now). Also made a weekly 3LB reversal down.



GOLD
Bullish short day. Still below SMA(21). Midpoint below EMA(10). 0.0% retrace holding. Closed below 14.6% retrace (1392.69). Tested and held the 23.6% retrace (1368.14). No daily 3LB changes (reversal is 1338.80). Must have the precious.



EURUSD
Spinning top day. Midpoint below EMA(10). Still above its 38.2% retrace at 1.3121. Below all SMA's but SMA(144). No daily 3LB changes (reversal is 1.3001).



JNK
Bullish long day (confirmed bullish piercing). Midpoint above EMA(10). Failing the Gann 4x1. Back above the SMA(21). No daily 3LB changes (reversal is 40.30).



10YR YIELD
Bearish short day (confirmed bearish harami and tweezer top). The 0.0% fibo retrace at 23.34 has held. Above all SMA's. Back below its 61.8% retrace (33.72). Midpoint above EMA(10). No daily 3LB changes (reversal is 32.36). It's still higher BB.



CRB
Bullish long day. Midpoint above EMA(10). Above all SMA's. Tested but didn't close above the 0.0% retrace. Above the Gann 2x1. Still above its 14.6% retrace (316.83). New high on daily 3LB (reversal is 316.16).



XLF
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Closed above its 23.6% retrace (15.51). No daily 3LB changes (reversal is 15.23).



IQI
Spinning top day. Midpoint above EMA(10). Below all SMA's. Held its 0.0% retrace (11.45). New high on daily 3LB (reversal is 11.50). Fed must be whispering sweet nothings in the ears of munis.



1 comments:

Anonymous said...

"...How large might the vacancy problem be? Here’s a taste:

Finance Asia:

Recent statistics show that there are about 64 million apartments and houses that have remained empty during the past six months, according to Chinese media reports. On the assumption that each flat serves as a home to a typical Chinese family of three (parents and one child), the vacant properties could accommodate 200 million people, which account for more than 15% of the country’s 1.3 billion population. But instead, they remain empty. This is in part because many Chinese believe that a home is not a real home unless you own the flat.

And so people prefer buying to renting, and as a result, the rental yield is relatively low.."
http://cryptogon.com/?p=19393

AAIP

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