AmenRa's Corner

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

Creditcane™: Trying to find a way to end low volume melt ups.

SPX
Bullish long day (didn't confirm hanging man). Midpoint above EMA(10). Tested and held SMA(233). Held above the 38.2% retrace (1241.13). No daily 3LB changes (reversal is 1285.09). QE2infinity. Still above monthly & daily 3LB mids.



DXY
Bearish long day. Midpoint above EMA(10). Tested and held the 50.0% retrace (76.55). Tested and failed SMA(21) & SMA(55). No daily 3LB changes (reversal is 74.88). Not confirming the monthly 3LB reversal up.



VIX
Bearish long day. Midpoint below EMA(10). Failing SMA(21). Tested and failed its 50.0% retrace (29.84). No daily 3LB changes (reversal is 48.00). Escaped the grip of the "fear" zone.



GOLD
Bearish thrusting day. Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (1792.10). Still above all SMA's. No daily 3LB changes (reversal is 1594.80). Must have the precious.



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



JNK
Doji day. Midpoint above EMA(10). Held above SMA(89). Held above its 50.0% retrace (38.24). No daily 3LB changes (reversal is 37.74).



10YR YIELD
Bullish short day (day 5 of not closing gap). 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. Tested and held SMA(233). Midpoint above EMA(10). Holding above its 38.2% retrace (92.96). New high on dally 3LB (reversal is 94.07). Not confirming the monthly 3LB reversal down.



SILVER
Spinning top day. Holding 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). Holding above its 61.8% minor retrace (38.43). No daily 3LB changes (reversal is 36.51).



HYG/LQD
Bullish short day (didn't confirm hanging man). Tested and held SMA(21). Midpoint above EMA(10). Holding above 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 50.0% minor retrace (77.785). No daily 3LB changes (reversal is 75.70). Let's see how long this lasts. Still waiting and waiting and waiting.



EEM
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 50.0% retrace (41.81). No daily 3LB changes (reversal is 39.16).

IT HAS BEGUN. YOU HAVE BEEN WARNED.