Creditcane™: Keep ignoring me at your own peril.
SPXBullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1359.44). New high on daily 3LB (reversal is 1342.64). QE2infinity.
DXYDoji day (didn't confirm bearish engulfing). Midpoint above EMA(10). Failing the 61.8% minor retrace (79.60). Tested and held SMA(21). No daily 3LB changes (reversal is 78.57).
VIXBearish long day (confirmed bearish engulfing). Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 17.10).
GOLDSpinning top day (confirmed dragonfly doji). Midpoint above EMA(10). Tested and held its 38.2% retrace (1721.30). Tested and failed SMA(21). No daily 3LB changes (reversal is 1759.30). Still above monthly 3LB mid. Must have the precious.
EURUSDSpinning top day (barely confirmed bullish engulfing). Midpoint below EMA(10). Tested and held SMA(21). Tested and held its 50.0% minor retrace (1.3137). No daily 3LB changes (reversal is 1.3253).
JNKBearish short day. Midpoint above EMA(10). Tested and held SMA(21). Failing its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.60).
10YR YIELDBearish short day. Tested and held SMA(89). Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.47).
WTIBullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% retrace (102.10). New high on dally 3LB (reversal is 101.25). Not confirming the monthly 3LB reversal down.
SILVERBearish short day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 38.2% minor retrace (31.85). New low on daily 3LB (reversal is 33.70).
BKXBullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 50.0% retrace (43.76). New high on daily 3LB (reversal is 43.62).
HYG/LQDBearish short day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7908).
AUDJPYSpinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 50.0% minor retrace (0.8458). New high on daily 3LB (reversal is 0.8342).
AAPLSpinning top day. Still above all SMA's. Midpoint above EMA(10). Failing its 0.0% retrace (509.56). No daily 3LB changes (reversal is 493.17).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
16 comments:
http://www.zerohedge.com/news/latest-market-craze-stock-trading-robots-reacting-stories-written-robots
The Latest Market Craze: Stock Trading Robots Reacting To Stories Written By... Robots
What can go wrong? (/snark)
Let me take a wild guess...
The robots are supplied by a Rothschilds holding company...
http://www.republicmagazine.com/news/john-g-loxas-was-armed-with-a-baby-so-a-scottsdale-cop-shot-him-in-the-head.html
para-militarization of the 'local' PDs..
Going to enjoy this long weekend....
you know the canadians made up some holiday to coincide with this one?
They call "Family Day"....
That's quaint.
the Candos/'nucks have, serious, 'America'-envy..
though, 'they', for the most part, will vehemently deny such..
ibid.
any thoughts on..
https://www.technicalindicatorindex.com/subscribers/guest-articles/McHugh%27s%20Article%20Jaws%20of%20Death%20February%2017th%2C%202012.pdf
??
http://www.zerohedge.com/news/ecb-has-opened-pandora’s-box
The ECB Has Opened Pandora’s Box
quote:
"The European Central Bank, in a very misguided attempt to protect itself, has now opened Pandora’s Box. I doubt if they even realize what they have done; but they will, most assuredly they will. The consequences of their horrendous mistake will soon be upon them as institutions not coerced or forced into buying European sovereign debt will be leaving the playing field en masse as the realization dawns upon investors of just what has taken place. You cannot fool all of the people all of the time and the people that manage money for a living are not a forgiving group when governments try to supersede their lawful rights."
Weekly 3LB Update 2/17/12
AAIP
I'm not sure about the accuracy of megaphone patterns. The examples he showed seemed to make his point. Is the megaphone pattern an example of an EW?
90 Day UST back above levels not seen since July 2011.
WTI gapped higher at the open. Looked back and found a gap higher in 2004 (which was closed six weeks later before continuing higher). There was also a gap lower in 2001 that was closed 27 weeks later.
AmenRa,
re: "Is the megaphone pattern an example of an EW?"
I'm not sure/don't know..
at the min., it's one, if it is, that I wasn't, necessarily, aware of..
~~
re: Crude (as in Oil..)
http://finviz.com/futures_charts.ashx?t=CL&p=w1
"Large Traders" are 'Longer' now (and have been for awhile..), than in '008 ?!
and, looks like if it can get a little more 'work done', here, could see U$D ~115, pretty easily (?)
AAIP
I agree with the crude ideas...(pun)..
115 seems doable here. I think I will nibble on that Tuesday.
If this is a breakaway gap on WTI then I'd expect it to test 109.97 which is midpoint between the 0.0% and 38.2% retrace.
http://www.zerohedge.com/news/bob-janjuah-markets-are-so-rigged-policy-makers-i-have-no-meaningful-insights-offer
Bob Janjuah: "Markets Are So Rigged By Policy Makers That I Have No Meaningful Insights To Offer"
~~~
Neither do I... So have a nice holiday everyone...
Already two hours past the "press conference" and no appearance from the Eurogroup. I guess the PSI isn't working out the way they hoped.
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