AmenRa's Corner

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

Creditcane™: Weather patterns changed due to solar flares. Bears went into hibernation a little early.

SPX
Bullish long day. Midpoint below EMA(10). Back above SMA(21). Tested and held the 14.6% retrace (1319.09). No daily 3LB changes (reversal is 1340.43). Closed week above weekly 3LB mid. QE2infinity. JBTFD?



DXY
Spinning top day. Midpoint below EMA(10). Still below the 14.6% retrace (77.54). Below all SMA's. No daily 3LB changes (reversal is 78.46). Below weekly 3LB mid.



VIX
Bearish long day (confirmed dark cloud cover). Midpoint above EMA(10). Back below SMA(144). No daily 3LB changes (reversal is 15.81). Back in the "no fear" zone. Currently does not have a monthly 3LB reversal.



GOLD
Spinning top day. Midpoint above EMA(10). 0.0% retrace holding. Still above all SMA's. No daily 3LB changes (reversal is 1388.60). Back below upper trendline. Must have the precious.



EURUSD
Spinning top day. Midpoint above EMA(10). Still above 1.3506 (the 50% retrace). Above all SMA's. Closed back below 1.3782 (fibo .09). No daily 3LB (reversal is 1.3534).



JNK
Bullish short day. Midpoint above EMA(10). Held SMA(21). Back above its 50.0% retrace (40.47). Also still below lower trend line. No daily 3LB changes (reversal is 40.34).



IQI
Bearish harami day (but we've been flat and not really in an uptrend). Midpoint above EMA(10). Back below all SMA's. Above its 23.6% retrace (11.68). No daily 3LB changes (reversal is 12.30). Closed above its weekly 3LB mid (11.76).



10YR YIELD
Bearish short day. No test of 0.0% retrace at 37.44. Failed SMA(55). Midpoint below EMA(10). New low on daily 3LB (reversal is 36.52).



XLF
Bullish long day. Midpoint below EMA(10). Still below SMA(21). No test of 0.0% retrace. Tested and failed the 14.6% retrace (16.79). No daily 3LB (reversal is 17.16).



TLT
Bullish long day. Midpoint above EMA(10). Held SMA(55). Above lower trend line. New high on daily 3LB (reversal is 90.83). Also closed above its weekly 3LB mid. Currently does not have a monthly 3LB reversal (down).



WTI
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Closed back below the 23.6% retrace (96.95). New high on daily 3LB (reversal is 89.71). Had a weekly 3LB reversal up.



SILVER
Bullish long day. Destroyed confirmation of bearish engulfing. Still above all SMA's. Midpoint above EMA(10). No test of 0.0% retrace. Back above upper trendline. New high on daily 3LB (reversal is 32.30).

LEFTBACK'S BOND REPORT

The Bond Report 2.2.5.11 ...
"The Daily Diary of the American Scream"

They were up.
All of them.
THE END.

By AFIA2BNL, aged 12.

See you Monday.