AmenRa's Corner

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

"Dexia what?"

Creditcane™: No matter powerful your "cane" is, one well placed rumor can be your downfall.

SPX
Bullish long day (confirmed bullish piercing). Midpoint below EMA(10). Failing all SMA's. Tested and held the 38.2% minor retrace (1122.84). No daily 3LB changes (reversal is 1200.07). QE2infinity. Still below the daily and weekly mids.



DXY
Spinning top day. Midpoint above EMA(10). Failing the 100.0% retrace (79.60). Still above all SMA's. No daily 3LB changes (reversal is 78.50). Confirming the monthly 3LB reversal up.



VIX
Bearish long day (confirmed bearish engulfing). Midpoint below EMA(10). Above all SMA's. Failing its 0.0% retrace (45.40). Tested and failed its 61.8% minor retrace (38.05). No daily 3LB changes (reversal is 25.25). Found another way to escape from the "extreme fear" zone.



GOLD
Spinning top day. Midpoint below EMA(10). Failing its 50.0% retrace (1651.50). Failing SMA(89). No daily 3LB changes (reversal is 1757.30). Must have the precious.



EURUSD
Doji day. Midpoint below EMA(10). Still below all SMA's. Tested and failed its 100.0% minor retrace (1.3350). No daily 3LB changes (reversal is 1.3464).



JNK
Bullish short day (confirmed takuri). Midpoint below EMA(10). Failing all SMA's. Failing its 0.0% retrace (36.19). No daily 3LB changes (reversal is 36.71).



10YR YIELD
Bullish short day. Failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (18.96). No daily 3LB changes (reversal is 17.15).



WTI
Bullish short day. Failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (78.53). Dally 3LB reversal up (reversal is 75.67). Not confirming the monthly 3LB reversal down.



SILVER
Hammer day. Failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (30.76). No daily 3LB changes (reversal is 36.58).



BKX
Bullish short day (confirmed bullish piercing). Midpoint below EMA(10). Failing all SMA's. Holding above its 0.0% retrace (33.63). No daily 3LB changes (reversal is 36.85).



HYG/LQD
Bullish short day. Failing all SMA's. Midpoint below EMA(10). Failing its 0.0% retrace (0.7375). No daily 3LB changes (reversal is 0.7457).



USDJPY
Spinning top 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 77.63).



AAPL
Bullish engulfing day. Tested and held SMA(89). Midpoint below EMA(10). Tested and held its 38.2% retrace (375.78). No daily 3LB changes (reversal is 413.45).

IT HAS BEGUN. YOU HAVE BEEN WARNED.