AmenRa's Corner

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

Creditcane™: Last 5 minutes someone got spooked when they saw me in the rearview mirror.

SPX
Doji day. Midpoint above EMA(10). Still above all SMA's. New high on daily 3LB (reversal is 1247.08). QE2infinity. Made a higher high and a higher close (not by much).



DXY
Bearish long day. Midpoint below EMA(10). No test of the 38.2% retrace (80.63). Back below SMA(21). No daily 3LB changes (reversal is 81.19).



VIX
Bearish short day. Midpoint above EMA(10). Still below all SMA's. No daily 3LB changes (reversal is 17.74). May look to escape the "no fear" zone.



GOLD
Spinning top day. Still above SMA(21). Midpoint above EMA(10). 0.0% retrace holding. Still above 14.6% retrace (1392.69). No daily 3LB changes (reversal is 1338.80). Must have the precious.



EURUSD
Bullish long day. Midpoint below EMA(10). Back above its 38.2% retrace at 1.3121. Back above SMA(21) and the SMA(144). No daily 3LB changes (reversal is 1.3001).



JNK
Bullish short day (confirmed bearish engulfing or is this ex-dividend). Midpoint below EMA(10). Failing the Gann 4x1. Still above all SMA's. Daily 3LB reversal down (reversal is 40.47).



10YR YIELD
Bearish engulfing day (here we go again). The 0.0% fibo retrace at 35.66 has held. Above all SMA's. Back below its 14.6% retrace (33.86). Midpoint above EMA(10). No daily 3LB changes (reversal is 32.36).



CRB
Doji day. Midpoint above EMA(10). Above all SMA's. No test of 0.0% retrace. No daily 3LB changes (reversal is 326.80). Checked the weight or volume of cereal lately?



IQI
Bullish engulfing day. Midpoint below EMA(10). Below all SMA's. Still below its 14.6% retrace (11.74). No daily 3LB changes (reversal is 11.50). Is this one of those "hope springs eternal?"



BKX
Bearish short day. Midpoint above EMA(10). Above all SMA's. Made a new 0.0% retrace. No daily 3LB changes (reversal is 50.92).



DJ TRANS AVG
Bullish short day. Above all SMA's. Midpoint above EMA(10). Daily 3LB reversal up (reversal is 5019.80). Tired of moving sideways?




SILVER
Bullish short day. Still above all SMA's. Midpoint above EMA(10). New high on daily 3LB (reversal is 28.79). Shorts putting 911 on speed dial...



XRT
Bullish short day. Midpoint above EMA(10). Still above all SMA's. New high on daily 3LB (reversal is 47.26). Tested and passed its 23.6% retrace (48.45). JBTFD...