AmenRa's Corner

"Turn those machines back on!!!"

Creditcane™: I need to wreck a coliseum to stop the flip flopping.

SPX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(144). Tested and held the 38.2% retrace (1241.13). No daily 3LB changes (reversal is 1285.09). QE2infinity. Back above monthly & daily 3LB mids.



DXY
Bearish long day. Midpoint above EMA(10). Tested and failed the 61.8% retrace (77.27). Tested and failed SMA(21). No daily 3LB changes (reversal is 74.88). Not confirming the monthly 3LB reversal up.



VIX
Bearish short day (with long "hair"). Midpoint below EMA(10). Failed SMA(21). Tested and failed its 38.2% retrace (33.51). No daily 3LB changes (reversal is 48.00). Can't escape the grip of the "fear" zone.



GOLD
Bullish long day. Midpoint above EMA(10). Held its 38.2% retrace (1714.40). Tested and held SMA(55). Daily 3LB reversal up (reversal is 1594.80). Must have the precious.



EURUSD
Bullish short day. Midpoint below EMA(10). Tested and held SMA(21). Tested and held its 38.2% minor retrace (1.3713). No daily 3LB changes (reversal is 1.4201).



JNK
Dragonfly doji day (not much of an uptrend though). Midpoint above EMA(10). Tested and held SMA(89). Held above its 50.0% retrace (38.24). No daily 3LB changes (reversal is 37.74).



10YR YIELD
Spinning top day. Failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (21.37). No daily 3LB changes (reversal is 23.95).



WTI
Bullish short day. Holding above SMA(89). Midpoint above EMA(10). Tested and held its 38.2% retrace (92.96). New high on dally 3LB (reversal is 91.27). Not confirming the monthly 3LB reversal down.



SILVER
Spinning top day. Holding above SMA(21). Midpoint above EMA(10). Failing its 61.8% retrace (35.25). No daily 3LB changes (reversal is 36.58).



BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Held above its 61.8% minor retrace (38.43). No daily 3LB changes (reversal is 36.51).



HYG/LQD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7966).



USDJPY
Bearish short day. Midpoint above EMA(10). Failing SMA(144). Tested and failed its 38.2% minor retrace (78.074). No daily 3LB changes (reversal is 75.70). Let's see how long this lasts.



COPPER
Doji day. Midpoint above EMA(10). Failing SMA(55). Holding above its 38.2% retrace (3.673). No daily 3LB changes (reversal is 3.449).

IT HAS BEGUN. YOU HAVE BEEN WARNED.