AmenRa's Corner

Creditcane™: Grumble. Grumble. Grumble. That's how I sound as I approach the exchanges.

SPX
Hanging man day. Midpoint above EMA(10). Tested and held SMA(144). Tested and held the 38.2% retrace (1241.13). New high on daily 3LB (reversal is 1205.35). QE2infinity. Still above weekly 3LB mid but below the monthly 3LB mid.



DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 38.2% minor retrace (79.38). Tested and held SMA(21). No daily 3LB changes (reversal is 79.14). Confirming the monthly 3LB reversal up.



VIX
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 38.2% minor retrace (21.62). New low on daily 3LB (reversal is 24.53). The grip of the "fear" zone has been eliminated (for now).



GOLD
Doji day. Midpoint below EMA(10). Holding above its 61.8% retrace (1592.30). Holding above SMA(233). No daily 3LB changes (reversal is 1802.90). Must have the precious.



EURUSD
Bearish short day (but with major selling pressure). Midpoint below EMA(10). Still failing all SMA's. Holding above its 0.0% retrace (1.3022). No daily 3LB changes (reversal is 1.3252).



JNK
Bullish long day. Midpoint above EMA(10). Tested and held SMA(144). Still above its 50.0% retrace (38.24). New high on daily 3LB (reversal is 37.80).



10YR YIELD
Bullish long day. Tested and failed SMA(21). Midpoint above EMA(10). Tested and held its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.68).



WTI
Bullish short day. Tested and held SMA(233). Midpoint above EMA(10). Tested and held its 50.0% retrace (97.56). Dally 3LB reversal up (reversal is 93.75). Not confirming the monthly 3LB reversal down.



SILVER
Spinning top day. Failing all SMA's. Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (29.76). No daily 3LB changes (reversal is 30.05).



BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55). Tested and held its 61.8% minor retrace (38.43). No daily 3LB changes (reversal is 40.05).



HYG/LQD
Bullish long day. Tested and held SMA(144). Midpoint above EMA(10). Tested and held its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7693).



USDJPY
Bullish short day. Midpoint above EMA(10). Tested and held SMA(144). Tested and failed its 38.2% minor retrace (77.908). No daily 3LB changes (reversal is 75.52).



COPPER
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(21,55). Tested and held its 50.0% minor retrace (3.384). No daily 3LB changes (reversal is 3.615).

IT HAS BEGUN. YOU HAVE BEEN WARNED.

"Will someone please engineer a rally so I can be set free? Do it for the children."