AmenRa's Corner 3.20.12

Creditcane™: A stock buyback indicates nothing new coming from the fruit anytime soon.

SPX
Hanging man day. Midpoint above EMA(10). Holding above all SMA's. Holding above the 0.0% retrace (1359.44). Tested and failed the upper trend line. No daily 3LB changes (reversal is 1395.95). QE2infinity.



DXY
Bullish harami day. Midpoint below EMA(10). Tested and held the 61.8% minor retrace (79.60). Tested and failed SMA(55). No daily 3LB changes (reversal is 80.57).



VIX
Bearish short day. Midpoint below EMA(10). Failing all SMA's. Holding above its 100.0% retrace (14.27). No daily 3LB changes (reversal is 16.80).



GOLD
Bearish short day. Midpoint below EMA(10). Tested and failed its 50.0% retrace (1658.40). Tested and failed SMA(233). No daily 3LB changes (reversal is 1711.50). Still above monthly 3LB mid. Must have the precious.



EURUSD
Bearish harami day. Midpoint above EMA(10). Tested and failed SMA(21). Tested and failed its 61.8% minor retrace (1.3232). No daily 3LB changes (reversal is 1.3465).



JNK
Spinning top day. Midpoint below EMA(10). Failing SMA(21). Tested and held its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.88).



10YR YIELD
Bearish harm day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (22.85). No daily 3LB changes (reversal is 22.74).



WTI
Bearish long day. Tested and failed SMA(21). Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (108.40). No dally 3LB changes (reversal is 110.31). Not confirming the monthly 3LB reversal down.



SILVER
Bearish long day. Tested and failed SMA(55,89). Midpoint below EMA(10). Tested and held its 38.2% minor retrace (31.77). New low on daily 3LB (reversal is 35.64).



BKX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 50.0% minor retrace (50.01). New high on daily 3LB (reversal is 49.42).



HYG/LQD
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 50.0% retrace (0.7942). New high on daily 3LB changes (reversal is 0.7846).



USDJPY
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 50.0% minor retrace (83.295). No daily 3LB changes (reversal is 81.73).



AAPL
Hanging man day (would prefer a lower close HM). Still above all SMA's. Midpoint above EMA(10). Tested and held its 0.0% retrace (600.01). New high on daily 3LB (reversal is 568.10).



TLT
Spinning top day. Midpoint below EMA(10). Holding above SMA(233). Tested and held its 38.2% retrace (110.33). No daily 3LB changes (reversal is 117.50).

IT HAS BEGUN. YOU HAVE BEEN WARNED.