AmenRa's Corner

Creditcane™: My plane arrived early. So I went to work asap.

SPX
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(144). Tested and failed the 38.2% retrace (1241.13). Daily 3LB reversal down (reversal is 1264.31). QE2infinity. Back below weekly 3LB mid and the monthly 3LB mid.



DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 38.2% minor retrace (78.71). Holding above all SMA's. No daily 3LB changes (reversal is 78.28). Confirming the monthly 3LB reversal up.



VIX
Bullish long day. Midpoint above EMA(10). Holding above SMA(144). Tested and held its 50.0% retrace (29.84). No daily 3LB changes (reversal is 48.00). The grip of the "fear" zone has stuck again.



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



EURUSD
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 100.0% retrace (1.3350). No daily 3LB changes (reversal is 1.3511).



JNK
Bearish short day. Midpoint above EMA(10). Holding above SMA(89). Failing its 50.0% retrace (38.24). Daily 3LB reversal down (reversal is 38.30).



10YR YIELD
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Failing its 38.2% minor retrace (21.37). No daily 3LB changes (reversal is 19.39).



WTI
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Tested and failed its 61.8% retrace (101.74). Dally 3LB reversal down (reversal is 101.28). Not confirming the monthly 3LB reversal down.



SILVER
Bearish long day. Tested and failed SMA(21,55). Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (31.85). No daily 3LB changes (reversal is 36.65).



BKX
Bearish long day. Midpoint above EMA(10). Holding above SMA(89). Tested and failed its 61.8% minor retrace (38.43). No daily 3LB changes (reversal is 40.05).



HYG/LQD
Bearish short day. Holding above SMA(21,55,89). Midpoint above EMA(10). Tested and failed its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7557).



USDJPY
Bearish short 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
Bullish long day. Midpoint below EMA(10). Tested and held SMA(21). Tested and held its 38.2% minor retrace (118.79). No daily 3LB changes (reversal is 122.58).

IT HAS BEGUN. YOU HAVE BEEN WARNED.