Creditcane™: I am also known as the nightmare while awake.
SPX
Bearish short day (confirmed dragonfly doji). Midpoint above EMA(10). Still above all SMA's. Holding above the minor 38.2% retrace (1314.25). No daily 3LB changes (reversal is 1351.95). QE2infinity.
DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 61.8% minor retrace (79.60). Tested and held SMA(21). New high on daily 3LB (reversal is 78.57).
VIX
Bullish long day. Midpoint above EMA(10). Holding above SMA(21). Tested and failed its 38.2% minor retrace (21.62). New high on daily 3LB (reversal is 17.10). Also above weekly 3LB reversal price.
GOLD
Spinning top day. Midpoint below EMA(10). Tested and held its 38.2% retrace (1721.30). Tested and held SMA(21). No daily 3LB changes (reversal is 1759.30). Still above monthly 3LB mid. Must have the precious.
EURUSD
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21,55). Tested and failed its 50.0% minor retrace (1.3137). New low on daily 3LB changes (reversal is 1.3253).
JNK
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Failing its 38.2% minor retrace (39.62). New low on daily 3LB (reversal is 39.60).
10YR YIELD
Spinning top day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.47).
WTI
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 61.8% retrace (102.10). New high on dally 3LB (reversal is 97.61). Not confirming the monthly 3LB reversal down.
SILVER
Bearish short day. Tested and held SMA(21). Midpoint below EMA(10). Holding above its 38.2% minor retrace (31.85). New low on daily 3LB (reversal is 33.70).
BKX
Bearish short day. Midpoint below EMA(10). Still above all SMA's. Holding above its 50.0% retrace (43.76). No daily 3LB changes (reversal is 43.61).
HYG/LQD
Spinning top day. Tested and failed SMA(89). Midpoint below EMA(10). Failing its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7908).
USDJPY
Spinning top day (also formed a bearish harami). Midpoint above EMA(10). Tested and failed SMA(233). Holding above its 38.2% minor retrace (77.844). No daily 3LB changes (reversal is 75.69).
AAPL
Bearish engulfing day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 0.0% retrace (509.56). No daily 3LB changes (reversal is 493.17).
RUSSELL 2K
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 0.0% retrace (815.8). No daily 3LB changes (reversal is 798.19).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
9 comments:
http://finviz.com/quote.ashx?t=ZNGA
from ~9.80 to 14+ would have been 'a nice Trade'..
Today? not so much..
down ~17.76%
@~11.80
~~
also, nice Chart on AAPL, AmenRa, the 'pup' looks ill..
AAIP
Spent the day, almost all of it, in the mountains. When we got to our hike site, there was a large skunk digging for grubs and insects and 5 hours later when we returned he was still in this large open area, not a thing bothered him, and he was still digging. His little digs were scattered over about an acre.
http://hotair.com/headlines/archives/2012/02/15/u-s-europe-eye-risky-penalty-against-iran-suspension-from-swift/
The Obama administration wants Iran evicted from SWIFT, an independent financial clearinghouse that is crucial to the country’s overseas oil sales. That would leapfrog the current slow-pressure campaign of sanctions aimed at persuading Iran to drop what the U.S. and its allies contend is a drive toward developing and building nuclear weapons. It also perhaps would buy time for the U.S. to persuade Israel not to launch a pre-emptive military strike on Iran this spring.
The last-resort financial effort suggests the U.S. and Europe are grasping for ways to show immediate results because economic sanctions have so far failed to force Iran back to nuclear talks.
But such a penalty could send oil prices soaring when many of the world’s economies are still frail. It also could hurt ordinary Iranians and undercut the reputation of SWIFT, a banking hub used by virtually every nation and corporation around the world. The organization’s full name is the Society for Worldwide Interbank Financial Telecommunications…
More than 40 Iranian banks and institutions use SWIFT to process financial transactions, and losing access to that flow of international funds could badly damage the Islamic republic’s economy. It would also probably hurt average Iranians more than the welter of existing banking sanctions already in place since prices for household goods would rise while the value of Iranian currency would drop.
Bruce,
that's odd, what was the Skunk doing out during the Day?
AAIP
http://www.google.com/imgres?q=sisyphus+facebook&hl=en&biw=1024&bih=618&tbm=isch&tbnid=FB1k54vjnTVnLM:&imgrefurl=http://bilbosrandomthoughts.blogspot.com/2011/01/cartoon-saturday-new-years-edition.html&docid=xrC2cnb2t6uwnM&imgurl=http://1.bp.blogspot.com/_12isplP5LVY/TR8oTSMqD5I/AAAAAAAAEA0/1LwFSH8kE9o/s320/Sisyphus%25252Bon%25252BFacebook.gif&w=267&h=320&ei=wgk9T6fSBObe0QHSme3PBw&zoom=1&iact=hc&vpx=87&vpy=121&dur=1804&hovh=246&hovw=205&tx=110&ty=127&sig=112582578742899341553&page=1&tbnh=126&tbnw=105&start=0&ndsp=18&ved=0CEMQrQMwAA
Sisyphus' 'Facebook Page'..
ibid.
Good question. I suppose just getting enough to eat. But the two dogs have both had encounters with skunks and managed to stay away from this one.
AAIP - Skunks like Bernanke and Obummer are always out during the day, as that is when they like to give press confrences and what not
Mutt
the bear meat grinder that is the s&p500 continues....
Today was all about not letting Apple confirm the bearish engulfing. If Apple falls so falls the rest of the market.
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