AmenRa's Corner 9.10.12

"FEED ME SEYMOUR!!!"


Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bearish engulfing day. Midpoint above EMA(10). Still above all SMA's. Tested and failed the 0.0% retrace (1432.12). No daily 3LB changes (reversal is 1399.48). QE2infinity.



DXY
Doji day. Midpoint below EMA(10). Still failing the 61.8% minor retrace (81.51). Still failing all SMA's. No dally 3LB changes (reversal is 81.25).



VIX
Bullish engulfing day. Midpoint below EMA(10). Tested and held SMA(21). Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 17.98). Back above monthly 3LB reversal price.



GOLD
Bearish harami day. Midpoint above EMA(10). Tested and failed its 38.2% retrace (1730.90). Still above all SMA's. No daily 3LB changes (reversal is 1687.60). Must have the precious.



EURUSD
Bearish thrusting day. Midpoint above EMA(10). Tested and failed SMA(144). Tested and held its 61.8% minor retrace (1.2750). No daily 3LB changes (reversal is 1.2582).



JNK
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (40.10). New high on daily 3LB (reversal is 39.86).



10YR YIELD
Spinning top day. Tested and failed SMA(21). Midpoint above EMA(10). Still failing its 38.2% minor retrace (17.47). New high on daily 3LB (reversal is 15.62).



WTI
Spinning top day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 38.2% retrace (95.94). No dally 3LB changes (reversal is 97.26).



SILVER
Bearish harami day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (32.15). No daily 3LB changes (reversal is 31.44).



BKX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 46.89).



HYG/LQD
Bearish short day. Tested and failed SMA(144). Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (0.7722). No daily 3LB changes (reversal is 0.7738).



COPPER
Bullish short day. Midpoint above EMA(10). Now above all SMA's. Tested and held its 38.2% retrace (3.673). New high on daily 3LB (reversal is 3.297).



AAPL
Bearish long day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 0.0% retrace (680.87). Daily 3LB reversal down (reversal is 680.44).



CRB
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 61.8% minor retrace (312.29). New high on daily 3LB (reversal is 308.02).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

4 comments:

BinT said...

Another trillion in deficit for the fiscal year reached...who brought the cake?

BinT said...

http://www.washingtonpost.com/business/economy/outlook-grim-for-middle-income-workers-report-says/2012/09/10/fa7e71b6-fb6b-11e1-8adc-499661afe377_story.html

Outlook grim for middle-income workers, report says

AmenRa said...

http://uk.reuters.com/article/2012/09/10/uk-spain-rajoy-idUKBRE88915W20120910
Spain's PM expects "reasonable" terms for any new aid

(Reuters) - Spanish Prime Minister Mariano Rajoy said on Monday he expected the European Union to set reasonable conditions for Spain if the country sought a bailout, saying he should not be told exactly where to trim public spending and would not cut pensions.

Spain has already received aid of up to 100 billion euros (79.96 billion pounds) from the euro zone to help it shore up its ailing banks and has made it clear it could seek a sovereign rescue once euro zone partners and the European Central Bank spell out what strings would be attached.

"I am absolutely convinced that everyone will be reasonable but I insist that we haven't taken a decision," Rajoy told Spanish state television in his first TV interview since winning power more than nine months ago.

Beggars cannot be choosers. Just sayin'

AmenRa said...

New.

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