AmenRa's Corner

I thought you said you loved me...

Creditcane™: I was ambushed by the EU BS.

SPX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(144). Tested and failed the 61.8% minor retrace (1286.32). New high on daily 3LB (reversal is 1225.38). QE2infinity. Now above weekly rev and monthly 3LB mid.



DXY
Bearish long day. Midpoint below EMA(10). Tested and failed the 38.2% retrace (75.83). Tested and failed SMA(144). New low on daily 3LB (reversal is 76.62). Not confirming the monthly 3LB reversal up.



VIX
Bullish short day. Midpoint below EMA(10). Tested and held SMA(144). Tested and failed its 61.8% retrace (26.16). No daily 3LB changes (reversal is 25.25). Another escape from the "fear" zone.



GOLD
Bullish short day. Midpoint above EMA(10). Tested and held its 38.2% retrace (1714.40). Held above SMA(55). No daily 3LB changes (reversal is 1757.30). Still above daily 3LB mid. Must have the precious.



EURUSD
Bullish long day. Midpoint above EMA(10). Tested and held SMA(144). Tested and held its 50.0% retrace (1.4056). New high on daily 3LB (reversal is 1.3779).



JNK
Spinning top day. Midpoint above EMA(10). Tested and held SMA(144). Tested and failed its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 37.74).



10YR YIELD
Bullish long day. Tested and held SMA(89). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (22.85). Daily 3LB reversal up (reversal is 21.28).



WTI
Bullish long day. Held above SMA(89). Midpoint above EMA(10). Tested and held its 38.2% retrace (92.96). New high on dally 3LB (reversal is 88.53). Not confirming the monthly 3LB reversal down.



SILVER
Bullish long day. Held above SMA(21). Midpoint above EMA(10). Tested and failed its 61.8% retrace (35.25). No daily 3LB changes (reversal is 36.58).



BKX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 38.2% retrace (41.37). New hinge on daily 3LB (reversal is 36.51).



HYG/LQD
Bearish long day. Tested and failed SMA(144). Midpoint above EMA(10). Tested and failed its 50.0% retrace (0.7942). No daily 3LB changes (reversal is 0.7730).



USDJPY
Bearish 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.



COPPER
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55). Tested and held its 38.2% retrace (3.673). New high on daily 3LB (reversal is 3.258).

IT HAS BEGUN. YOU HAVE BEEN WARNED.