AmenRa's Corner

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

Creditcane™: I am the voice that whispers in your ear "Danger".

SPX
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Above the 14.6% retrace (1319.09). New low on daily 3LB (reversal is 1335.54). QE2infinity. "JBTFD. Don't question it. Just do it."



DXY
Bullish short day (bullish thrusting?). Midpoint below EMA(10). No test of new 0.0% retrace (74.84). Below all SMA's. No daily 3LB changes (reversal is 76.04).



VIX
Spinning top day. Midpoint below EMA(10). Still below all SMA's. Daily 3LB reversal down (reversal is 17.87). Still in the "no fear" zone.



GOLD
Dark cloud cover day. Midpoint above EMA(10). Made a new 0.0% retrace. Still above all SMA's. No daily 3LB changes (reversal is 1452.50). Holding above upper trend line. Must have the precious.



EURUSD
Bearish short day. Midpoint above EMA(10). Still above 1.4346 (the 76.4% retrace). Above all SMA's. No daily 3LB changes (reversal is 1.4207).



JNK
Bearish long day (confirmed dark cloud cover). Midpoint above EMA(10). Still above all SMA's. Still above its 50.0% retrace (40.42). Still below lower trend line. No daily 3LB changes (reversal is 40.21).



10YR YIELD
Bearish short day. No test of 0.0% retrace at 37.44. Still above all SMA's. Midpoint above EMA(10). Tested and failed 76.4% retrace (36.02). Held the upper trend line. No daily 3LB changes (reversal is 34.91).



WTI
Bearish engulfing day. Still above all SMA's. Midpoint above EMA(10). Made a new 0.0% retrace. No dally 3LB changes (reversal is 108.47).




SILVER
Bearish thrusting day. Still above all SMA's. Midpoint above EMA(10). Made a new 0.0% retrace. Holding upper trend line. No daily 3LB changes (reversal is 39.19).



BKX
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(89). Still above its 38.2% retrace (51.48). No daily 3LB changes (reversal is 53.31).