AmenRa's Corner

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




Creditcane™: I was drugged. Lift the hoof prints off my glass to find out which bull did it.


SPX
Hammer day (also bullish thrusting). Midpoint below EMA(10). Failing SMA(21). Failing the 61.8% retrace (1168.03). No daily 3LB changes (reversal is 1254.05). QE2infinity. Below daily & weekly mids.



DXY
Bearish thrusting day. Midpoint above EMA(10). Holding above the 50.0% retrace (76.55). Still above all SMA's. No daily 3LB changes (reversal is 74.01). Still trading just below the monthly 3LB reversal price.



VIX
Bearish long day. Midpoint above EMA(10). Holding SMA(21). Failing its 0.0% retrace (45.40). Tested and failed its 50.0% minor retrace (39.46). No daily 3LB changes (reversal is 25.25). Still on parole from the "extreme fear" zone…barely.



GOLD
Bearish long day. Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (1840.15). Back below SMA(21). No daily 3LB changes (reversal is 1891.90). Must have the precious.



EURUSD
Hammer day (also bullish thrusting). Midpoint below EMA(10). Still below all SMA's. Failing its 61.8% retrace (1.3861) but held 38.2% minor retrace (1.3671). No daily 3LB changes (reversal is 1.4498).



JNK
Spinning top day (possible morning star). Midpoint below EMA(10). Failing SMA(21). Failing its 38.2% retrace (38.07). No daily 3LB changes (reversal is 39.59).



10YR YIELD
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (18.96). No daily 3LB changes (reversal is 22.60).



WTI
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (80.32). Tested and held its 61.8% minor retrace (88.47). No dally 3LB changes (reversal is 92.08).



SILVER
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Tested and failed its 38.2% retrace (40.74). No daily 3LB changes (reversal is 37.94).



BKX
Bullish long day (also bullish piercing). Midpoint below EMA(10). Failing SMA(21). Tested and held its 0.0% retrace (36.25). No daily 3LB changes (reversal is 39.85).



HYG/LQD
Bullish short day. Failing all SMA's. Midpoint below EMA(10). No test of its 0.0% retrace (0.7427). Failing its 38.2% minor retrace (0.7585). No daily 3LB changes (reversal is 0.7910).



USDJPY
Hanging man day. Midpoint above EMA(10). Holding above SMA(21). Tested and failed its 61.8% minor retrace (77.497). No daily 3LB changes (reversal is 76.46).




IT HAS BEGUN. BE WARNED.

12 comments:

cv said...

@ben

sports stars are somewhat like traders in that often when they make a mistake they first look to blame the ref, ump, whatever

---

When all else fails... Blame it on BUSH!!!

See... That whole deal when Obama came into office about... "I inherited this crisis" was such a fucking cop-out...

Might as well just say... I don't know 'balls' about anything except maybe 'community organizing', but DON'T blame it on me... Just love me buy my books... Watch me on Dancing with the Stars & I'll thrill you with entourage foto ops at Martha's Vineyard...

It's one thing to be inept... Most people, in the end can HANDLE ineptness...

But it's a whole different world to lie to people...

ben22 said...

CV,

He says today with his jobs plan that "it's ok to play politics when things are going good"

this guy is really something else.....

in the rest of his "we're not messin around now" message we learned that they are basically going to delay more money going into SS in hopes that it will in turn lead to hiring. Zandi has even projected a magical 2 million jobs "created" from this proposal. Everyone here is smart enough to do the math of the business owner. and so I say.....sure it will, or is it yes we can?

What a joke really if you look at the idea here, and what's more is that this is what they planned out, that's the best they could come up with?

couldn't have come at a better time either what with the Solyndra story which is pretty much being ignored by all major media, how shocking......not.

Monday night games tonight are a little weak I think for opening week.

ben22 said...

oh, and the general recant done by Perry now on his description of SS as a "ponzi scheme" is so predictable

lets hope that guy doesn't win, he seems like a giant tool to me, I'm already sick of him.

cv said...

@ben

Make no mistake...

They're all hypocritical tools... (on both sides)...

---

Only thing I can disagree with you is on this...

"the games are a little weak"... Well maybe you're right... but it's also relative...

I have 5 units (REAL LIFE UNITS) on the Patriots tonight... That's 3 more units than I had on the Superbowl...

I'm also 2-0 in fantasy (but need Brady to get me some points to go 3-0)...

cv said...

For the record... (for all you TRADERS out there)...

In football...

There's one thing that you don't like to see...

It's the starting center for the team you have 5 units on getting carted off the field in a golf cart, then coming out of the x-ray room with crutches...

Or...

Seeing the kicker on your team miss a FG (wait... miss the NET (behind the screen)...

cv said...

I'll say something now...

Las Vegas sportsbooks are some 'greedy' MF's

ben22 said...

All I can say is this

Albert Pujols is one amazing player

Anonymous said...

Mc22,

to me, the whole "Perry/Romney/Bachmann"-Choreography is intended to soak up 'Media bandwidth'...

all 3 of those "People" are, very, flawed in their own special ways..

you know, 'It'd be Terrrible..' for "the Public" to hear, actually, what Rep. Ron Paul is trying to Communicate..

"Real differences of Opinion?" on Topics that, do, matter? NFW..

"Where do you think you Live? America?"

the fork has been in that pork, for so long, the wound has, already, turned gangerous and killed the Pig..(?)
~~

past that, thought this *funny/well done..
http://www.youtube.com/watch?v=yuC_4mGTs98
~5 mins.

if it tweren;t so *True..~

AAIP

Anonymous said...

CrackieMac,

yes, "King Albert" is f****** Amazing..~!

ibid.

ben22 said...

oh damn! look at Janikowski, 63 yarder

AmenRa said...

Was that punt return enough to get Denver back in it?

Anonymous said...

I'm a little surprised that nobody has commented on the USC/Utah game here:
http://losangeles.sbnation.com/usc-trojans/2011/9/10/2417724/usc-utah-score-matt-kalil-torin-harris/in/2169801

- Whammer

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This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.