AmenRa's Corner

The original crew:

The Fed, ECB, Bank of Japan, Bank of England

and the new inductees:

Swiss National Bank, Bank of Canada and two new members still being initiated.

Creditcane™: I went to kick in the door at the exchanges and broke both feet.

SPX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,55,89,144). Tested and held the 38.2% retrace (1241.13). New high on daily 3LB (reversal is 1158.67). QE2infinity. Back above weekly 3LB mid but below monthly 3LB mid.



DXY
Bearish long day (confirmed hanging man). Midpoint above EMA(10). Tested and failed the 50.0% minor retrace (78.43). Holding above all SMA's. No daily 3LB changes (reversal is 78.28). Failed to confirm the monthly 3LB reversal up.



VIX
Doji day. Midpoint below EMA(10). Tested and failed SMA(144). Failing its 50.0% retrace (29.84). No daily 3LB changes (reversal is 48.00). The grip of the "fear" zone has been eliminated.



GOLD
Bullish long day. Midpoint above EMA(10). Tested and held its 38.2% retrace (1716.70). Tested and held SMA(21). No daily 3LB changes (reversal is 1643.50). Must have the precious.



EURUSD
Bullish long day. Midpoint below EMA(10). Failing all SMA's. Tested and held its 100.0% retrace (1.3350) again. No daily 3LB changes (reversal is 1.3511).



JNK
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21,55,89). Tested and held its 38.2% retrace (37.62). Daily 3LB reversal up (reversal is 36.43).



10YR YIELD
Spinning top day. Tested and held SMA(21,55). Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). New high on daily 3LB (reversal is 18.79).



WTI
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 61.8% retrace (101.74). New high on dally 3LB (reversal is 96.17). Not confirming the monthly 3LB reversal down.



SILVER
Bullish short day. Still failing all SMA's. Midpoint above EMA(10). Tested and held its 38.2% minor retrace (31.85). No daily 3LB changes (reversal is 36.65).



BKX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,55). Tested and held its 50.0% minor retrace (37.51). No daily 3LB changes (reversal is 40.05).



HYG/LQD
Bullish short day. Holding above SMA(21,89). Midpoint above EMA(10). Tested and held its 38.2% retrace (0.7808). New high on daily 3LB (reversal is 0.7466).



USDJPY
Bearish long day. Midpoint above EMA(10). Holding above SMA(21). Tested and failed its 50.0% minor retrace (77.785). No daily 3LB changes (reversal is 75.70).



TLT
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% minor retrace (118.79). Daily 3LB reversal down (reversal is 122.58).

IT HAS BEGUN. YOU HAVE BEEN WARNED.