AmenRa's Corner

...can prevent market melt ups based on BS rumors.


Creditcane™: Another day of Talkin' Loud and Saying Nuthin' that somehow is kryptonite to my destructive forces.


SPX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held the 38.2% retrace (1241.13). No daily 3LB changes (reversal is 1224.58). QE2infinity. Back above daily mid but still below monthly 3LB mid.



DXY
Spinning top day (yet confirmed bullish harami). Midpoint below EMA(10). Failing the 50.0% retrace (76.55). Tested and failed SMA(55). No daily 3LB changes (reversal is 76.99). Not confirming the monthly 3LB reversal up.



VIX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and held its 50.0% retrace (29.84). No daily 3LB changes (reversal is 25.25). Captured and returned to the "fear" zone.



GOLD
Bullish short day. Midpoint above EMA(10). Tested and held its 38.2% retrace (1714.40). Held above SMA(89). No daily 3LB changes (reversal is 1757.30). Still above daily 3LB mid. Must have the precious.



EURUSD
Spinning top day (yet confirmed bearish harami). Midpoint above EMA(10). Tested and held SMA(55). Tested and failed its 61.8% retrace (1.3903). No daily 3LB changes (reversal is 1.3654).



JNK
Bearish short day (barely confirmed bearish harami). Midpoint above EMA(10). Failing SMA(144). Tested and failed its 61.8% retrace (38.86). No daily 3LB changes (reversal is 37.74).



10YR YIELD
Bullish short day (didn't confirm bearish engulfing). Holding above SMA(55). Midpoint above EMA(10). Tested and held its 38.2% minor retrace (21.37). No daily 3LB changes (reversal is 22.34).



WTI
Bearish short day. Held above SMA(89). Midpoint above EMA(10). Tested and failed its 38.2% retrace (92.96). No dally 3LB changes (reversal is 87.04). Not confirming the monthly 3LB reversal down.



SILVER
Spinning top day. Held above SMA(21). Midpoint above EMA(10). Held above its 61.8% minor retrace (31.80). No daily 3LB changes (reversal is 36.58).



BKX
Spinning top day. Midpoint above EMA(10). Holding above SMA(55). Holding above its 61.8% minor retrace (38.43). No daily 3LB changes (reversal is 36.51).



HYG/LQD
Bearish short day (didn't confirm bearish harami). Tested and failed SMA(89). Midpoint above EMA(10). Tested and held its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7730).



USDJPY
Bullish short day. Midpoint below EMA(10). Failing all SMA's. Tested and held its 50.0% retrace (75.805). No daily 3LB changes (reversal is 76.27). BOJ losing sleep again.



DJ TRANS AVG
Spinning top day. Tested and held SMA(89). Midpoint above EMA(10). Tested and failed its 50.0% retrace (4804.88). No daily 3LB changes (reversal is 4699.84).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

14 comments:

AmenRa said...

http://www.financialsense.com/sites/default/files/users/u195/images/2011/foreign-central-banks-september.png

The selling of US debt has been increasing.

ben22 said...

I used to purchase some stuff from casey until it became entirely evident that they data mined for something that would appear to indicate gold going to 1 fafillion.....and beyond

while the chart above might appear compelling, it's a sample size of a whopping 1.

cv said...

Even if you don't believe me... I'm NOT on board with these people that talk about gold, silver, or any other precious metal going to a fafillion...

I believe you should have a decent stash of both on hand...

But really, if you want to do a 'GOLD TO A FAFILLION' scenario right, you can easily do it on the cheap...

Just buy a couple of fishhooks, a swiss army knife, a lightweight pop tent &/or some tarps, a canteen, a small first aid kit, nice pair of boots, gore-tex outer gear, fleece, & cotton long johns, can or two of sterno, & a good bowie knife (but only if you know how to effin use it without severing an artery (your own) in a misplayed adventured...

You're good to go Gilligan...

(the Au & Ag are only to trade with the cannibals who invade your island)...

cv said...

...& for those of you comfortably seated with your asses in comfy lounge chairs at the moment (imbibing the beverage of choice)... NBot 'worried' about gold going to a fafillion tomorrow (as I am not)...

Here's some information to chew on...

---

In NFL history, there have been only four teams to start 0-6 without covering the spread once:

1989 Cowboys
1991 Colts
1991 Bengals
1998 Redskins

The 2011 Rams and 2011 Dolphins are now on that list...

Just saying...

cv said...

...the worst a team has ever started was 0-8 straight up and against the spread. The '91 Bengals did that before winning their ninth game...

cv said...

Now that I have all of you fully captivated with NFL wagering history...

I'm going to seize the opportunity to toss out a bit of UNFOUNDED RUMOR... WARNING: This is for 'entertainment' purposes only - I DO NOT advocate the use of such innuendo for wagering or gambling - it's PURE ENTERTAINMENT

Rumor is... JPM is using it's share price to 'peg' the silver market...

BWAHAHAHAHA! to commence in 5...4...3...2...

cv said...

...and NOW...

Some information you can REALLY use... (this must...JUST MUST... appeal to the 'cheapskates' in all of us)... Except those rare individuals who wear PAYING MORE for something as a badge of honor... Dog bless their souls...

How to make cheap vodka taste expensive

http://www.ehow.com/how_2246305_cheap-vodka-taste-expensive.html

Mel said...

Take some cheap vodka...put it in an expensive bottle;-)

BinT said...

Take a moment and explain to me why OWS is not Atlas Shrugged...

and don't say the first thing you think of..give it a minute...

cv said...

...ok I gave it a minute...

OWS = free sex

oh & if Obama & the Dems decide to "co-opt" it... BULLY 4 US... We might get our student loans heaped onto the s***pile of American debt & walk away scot free in 20 years...

cv said...

@Amen

T.O. comin' to Chi-TOWN bitchez!

Well kinda sorta not really...

http://sports.yahoo.com/nfl/news?slug=ap-terrellowens-arenaoffer

cv said...

Meanwhile...

It just keeps getting 'dreamier' in Philly...

http://sports.yahoo.com/nfl/news?slug=ap-eagles-youngaltercation

cv said...

...oh no wait... it's not ALL bad there is it?

Samuel takes a shot at Eagles’ management

http://sports.yahoo.com/nfl/news?slug=ap-eagles-samuel

---

Yeah - I just make all this stuff up right?

AmenRa said...

So a 50% haircut is not credit event and CDS trigger?

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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.