AmenRa's Corner 2.1.12

"Must be the first of the month..."

Creditcane™: Give me a f'in break. Was the volume today negative?


SPX
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held the minor 38.2% retrace (1314.25). No daily 3LB changes (reversal is 1326.06). QE2infinity.



DXY
Bearish long day. Midpoint below EMA(10). Failing the 61.8% minor retrace (79.60). Tested and held SMA(89). New low on daily 3LB (reversal is 79.58).



VIX
Spinning top day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 20.63).



GOLD
Bullish short day. Midpoint above EMA(10). Holding above its 38.2% retrace (1721.30). Still above all SMA's. New high on daily 3LB (reversal is 1729.90). Still above monthly 3LB mid. Must have the precious.



EURUSD
Spinning top day. Midpoint above EMA(10). Tested and held SMA(55). Tested and held its 50.0% minor retrace (1.3137). No daily 3LB changes (reversal is 1.3025).



JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (38.86). No daily 3LB changes (reversal is 39.12).



10YR YIELD
Bullish harami day. Failing all SMA's. Midpoint below EMA(10). Failing its 0.0% retrace (18.96). No daily 3LB changes (reversal is 19.01).



WTI
Bearish short day. Tested and failed SMA(55). Midpoint below EMA(10). Tested and failed its 50.0% retrace (97.71). New low on dally 3LB (reversal is 99.26). Not confirming the monthly 3LB reversal down.



SILVER
Bullish short day. Holding above SMA(89). Midpoint above EMA(10). Holding above its 38.2% minor retrace (31.85). New high on daily 3LB (reversal is 33.12).



BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Failing its 50.0% retrace (43.76). No daily 3LB changes (reversal is 42.08).



HYG/LQD
Bullish short day. Tested and held SMA(55). Midpoint below EMA(10). Tested and failed its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7908).



USDJPY
Spinning top day. Midpoint below EMA(10). Failing all SMA's. Failing its 38.2% retrace (76.475). No daily 3LB changes (reversal is 75.52).



EEM
Bullish short day. Midpoint above EMA(10). Holding above all SMA's. Holding above its 50.0% retrace (41.81). Daily 3LB reversal up (reversal is 41.75).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

10 comments:

AmenRa said...

http://nestmann.com/offshore-banks-must-report-precious-metals-held-by-u-s-clients/
IRS: Offshore Banks Will Need to Disclose Precious Metals Held by U.S. Clients

"You will be assimilated by the Borg Collective."

AmenRa said...

http://www.financialsense.com/contributors/william-black/holder-and-obama-propaganda-is-belied-by-a-troublesome-little-thing-called-facts
Holder & Obama’s Propaganda Is “Belied by a Troublesome Little Thing Called Facts”
by William K. Black

Failure to prosecute elite financial frauds is starting to piss off Black."

QQQQ said...

Could this be a (somewhat asymmetrical) cup-n-handle on the SPX?
...starting July 2011.

Andy T said...

sp500 held that 1300 zone nice so far..

I still don't like this market, but it seems like 1347 is going to get a rigorous test.

Andy T said...

Heading to CA tomorrow afternoon....

My sister and her now hubby are big wine people. The go for the "cab release" in Napa every february. It's obviously some kind of marketing scam devised by Ernest and Julio Gallo...

But, I'm going this year. They've asked us every year to come....we're finally going.

We should get back to Houston just in time for the Super Bowl.

Go Eli.

I've got decent bucks on the G-man...taking the 3 pins.

I hate Tom Brady.

He's too good looking.
He's married to a brazilian supermodel who makes more money than him.
He fathered a child with Bridget Moynahan.
He's already won 3 rings.
He's going to the Hall of Fame.
He's rich.

Don't like the guy...

Hope he loses this one...again.

Eric said...

Tom DeMark revised his top call, saying it will reach a higher high before turning south. Great interview here:
http://www.youtube.com/watch?v=pErflC2snoM

BinT said...

http://www.reuters.com/article/2012/02/02/uk-amr-idUSLNE81100S20120202

Reuters) - AMR Corp, the parent of bankrupt American Airlines, wants to slash 13,000 jobs and terminate employee pension plans as part of a cost-cutting strategy the carrier says is necessary to compete with rivals.

cv said...

"Sideways Andy" - lol

(I'm referring to the movie that had that wine tasting expedition)...

on Brady

He's too good looking.
He's married to a brazilian supermodel who makes more money than him.
He fathered a child with Bridget Moynahan.
He's already won 3 rings.
He's going to the Hall of Fame.
He's rich.


MY HERO (especially Bridget Moynahan part ~ not including the 'conception' part)...

Different strokes I guess...

~~~~

I'm still going with the Pats & laying the points... Sorry... However, so far I've not made any plans to actually bet the game...

My "models" have the Giants covering this game... However... I can't go against my own pre-season pick to win the SuperBowl (which was the Patriots)...

So there you have it...

~~~

Speaking of "movies"...(continuation from above), yesterday I saw, I can't even remember the name, EXTREMELY CLOSE & INCREDIBLY LOUD (or something like that)...

Save your money... It was 2 hours of pure annoying bull***... How someone use 9/11 as a background for a story (and have it suck) is beyond me...

Anonymous said...

"...terminate employee pension plans as part of a cost-cutting strategy..."

http://search.yippy.com/search?query=AMR+PBGC&tb=sitesearch-all&v%3Aproject=clusty

ibid.

Anonymous said...

http://finviz.com/quote.ashx?t=ZNGA

Change 18.21%

~12.53

looks like that 'Cold Caller' had a decent 'Trade' Idea..~

AAIP

still, 'not w/ my 'Money''

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