AmenRa's Corner

Posted by AmenRa on Friday, September 30, 2011 /
A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.




Creditcane™: My new technique. It's called the EOQ chokehold.


SPX
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Failing the 61.8% retrace (1168.03). No daily 3LB changes (reversal is 1254.05). QE2infinity. Still below the daily and weekly mids. Three daily lower highs and lower lows. Make that four.



DXY
Bullish long day. Midpoint above EMA(10). Tested and held the 38.2% minor retrace (78.71). Still above all SMA's. New high on daily 3LB (reversal is 77.58). Had a monthly 3LB reversal up.



VIX
Bullish short day. Midpoint above EMA(10). Above all SMA's. Failing its 0.0% retrace (45.40). Tested and held its 38.2% minor retrace (40.86). No daily 3LB changes (reversal is 25.25). Captured and returned to the "extreme fear" zone.



GOLD
Spinning top day. Midpoint below EMA(10). Holding above its 61.8% retrace (1588.60). Holding above SMA(144). No daily 3LB changes (reversal is 1757.30). Must have the precious.



EURUSD
Bearish engulfing day (in a downtrend no less). Midpoint below EMA(10). Still below all SMA's. Tested and failed its 61.8% minor retrace (1.3540). New low on daily 3LB (reversal is 1.3561).



JNK
Bearish long day (and it gapped lower). Midpoint below EMA(10). Failing all SMA's. Tested and failed its 0.0% retrace (36.35). New low on daily 3LB (reversal is 38.39).



10YR YIELD
Bearish short day. Failing SMA(21). Midpoint below EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 17.15).



WTI
Bearish engulfing day. Failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (80.51). New low on dally 3LB (reversal is 86.97). Had a monthly 3LB reversal down.



SILVER
Bearish short day. Failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (30.76). New low on daily 3LB (reversal is 36.58).



BKX
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 0.0% retrace (35.39). No daily 3LB changes (reversal is 34.45).



HYG/LQD
Bearish long day (and it also gapped lower). Failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (0.7375). New low on daily 3LB (reversal is 0.7627).



USDJPY
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 38.2% retrace (76.561). No daily 3LB changes (reversal is 77.54).



COPPER
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Made a new 0.0% retrace (3.106). New low on daily 3LB (reversal is 3.280).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

Anonymous said...

'Tito' axed.

yet, another, indicator why "Boston" deserves the Eternal Fade..

(no Offence meant to "BoSox"-Fan(s), individually~)

AAIP

September 30, 2011 at 7:25 PM
Andy T said...

Why does bill miller think that stocks that "go down a lot" are 'cheap'????

I guess legg mason is a big holder of EK stock.....

I remember TWELVE years ago at a USC MBA management class on strategy where it was discussed, and determined, That Kodak was structurally SCREWED and that the CEO just didn't grasp the reality of the SCREWING.

Decade later.....

Yeah, they're screwed.

September 30, 2011 at 10:37 PM
AmenRa said...

So what will be the weekend rumor?

October 1, 2011 at 3:31 AM

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