AmenRa's Corner

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

Creditcane™: Still recouping. I can't wreck havoc in this condition.

SPX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55). Well above the 61.8% minor retrace (1168.03). No daily 3LB changes (reversal is 1200.07). QE2infinity. Still above the daily 3LB mid but still below the weekly 3LB mid.



DXY
Bearish long day. Midpoint below EMA(10). Tested and failed the 61.8% minor retrace (78.16). Tested and failed SMA(21). Daily 3LB reversal down (reversal is 79.60). Still confirming the monthly 3LB reversal up.



VIX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(55). Tested and failed its 38.2% retrace (33.51). No daily 3LB changes (reversal is 25.25). Still running away from the "extreme fear" zone.



GOLD
Bullish long day. Midpoint below EMA(10). Tested and held its 50.0% retrace (1651.50). Tested and held SMA(89). No daily 3LB changes (reversal is 1757.30). Must have the precious.



EURUSD
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 50.0% minor retrace (1.3598). Daily 3LB reversal up (reversal is 1.3217).



JNK
Bullish long day. Midpoint above EMA(10). Failing all SMA's. Tested and held its 61.8% minor retrace (36.86). Daily 3LB reversal up (reversal is 35.34).



10YR YIELD
Doji day (no bond trading). Holding above SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). New high on daily 3LB (reversal is 18.75).



WTI
Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (85.62). New high on dally 3LB (reversal is 79.68). Not confirming the monthly 3LB reversal down.



SILVER
Bullish short day (didn't confirm dark cloud cover). Failing all SMA's. Midpoint below EMA(10). Tested and held its 61.8% minor retrace (31.80). No daily 3LB changes (reversal is 36.58).



BKX
Bullish long day (didn't confirm dark cloud cover). Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 38.2% minor retrace (36.60). New high on daily 3LB (reversal is 33.65).



HYG/LQD
Bullish short day. Tested and failed SMA(55). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (0.7643). New high on daily 3LB (reversal is 0.7241).



USDJPY
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(21). Tested and held its 38.2% retrace (76.561). No daily 3LB changes (reversal is 77.63).



COPPER
Bullish long day. Midpoint above EMA(10). Failing all SMA's. Tested and held its 38.2% minor retrace (3.325). New high on daily 3LB (reversal is 3.151).

IT HAS BEGUN. YOU HAVE BEEN WARNED.