AmenRa's Corner

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

Creditcane™: Down with algos! They interfere with my best laid plans.

SPX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held the 61.8% retrace (1168.03). No daily 3LB changes (reversal is 1254.05). QE2infinity. Back above the daily mid but not the weekly mid.



DXY
Spinning top day. Midpoint above EMA(10). Holding above the 50.0% retrace (76.55). Still above all SMA's. No daily 3LB changes (reversal is 75.95). Still trading below the monthly 3LB reversal price (but not by much).



VIX
Bearish short day. Midpoint above EMA(10). Failed SMA(21). Failing its 0.0% retrace (45.40). Tested and held its 38.2% retrace (33.51). No daily 3LB changes (reversal is 25.25). Still on parole from the "extreme fear" zone…barely.



GOLD
Spinning top day. Midpoint below 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
Bullish short day. Midpoint below EMA(10). Still below all SMA's. Failing its 61.8% retrace (1.3861) and held 38.2% minor retrace (1.3671). No daily 3LB changes (reversal is 1.3986).



JNK
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Held its 38.2% retrace (38.07). No daily 3LB changes (reversal is 39.59).



10YR YIELD
Hanging man day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 22.60).



WTI
Bearish short day. Holding above 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 short day (didn't confirm bullish harami). Tested and failed SMA(21). Midpoint below EMA(10). Tested and held its 38.2% retrace (40.74). No daily 3LB changes (reversal is 37.94).



BKX
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (36.25). No daily 3LB changes (reversal is 39.85).



HYG/LQD
Spinning top day (still confirmed bullish engulfing). Failing all SMA's. Midpoint above EMA(10). No test of its 0.0% retrace (0.7427). Tested and held its 50.0% minor retrace (0.7634). No daily 3LB changes (reversal is 0.7910).



USDJPY
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Failing its 61.8% minor retrace (77.497). Tested and held its 38.2% retrace (76.561). No daily 3LB changes (reversal is 76.46).



COPPER
Bearish long day. Midpoint below EMA(10). Below all SMA's. Tested and failed its 38.2% minor retrace (3.994). No daily 3LB changes (reversal is 4.256).

IT HAS BEGUN. YOU HAVE BEEN WARNED.