AmenRa's Corner 9.28.12

"We know who they are..."

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish short day. Midpoint below EMA(10). Tested and held SMA(21). Still failing the 0.0% retrace (1463.76). No daily 3LB changes (reversal is 1432.12). QE2infinity. Still below the trend line.

DXY
Bullish long day. Midpoint above EMA(10). Tested and failed the 38.2% retrace (79.97). Tested and failed SMA(21). Dally 3LB reversal up (reversal is 78.83).

VIX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (14.27). No daily 3LB changes (reversal is 13.88).

GOLD
Spinning top day. Midpoint above EMA(10). Holding above its 38.2% retrace (1730.90). Still above all SMA's. No daily 3LB changes (reversal is 1772.10). Must have the precious.

EURUSD
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 38.2% retrace (1.3127). Daily 3LB reversal down (reversal is 1.3128).

JNK
Doji day (didn't confirm morning star). Midpoint below EMA(10). Tested and failed SMA(21). Holding above its 61.8% minor retrace (40.10). No daily 3LB changes (reversal is 40.77).

10YR YIELD
Bullish short day. Tested and held SMA(55,89). Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 18.70).

WTI
Spinning top day. Holding above SMA(89). Midpoint below EMA(10). Holding above its 61.8% minor retrace (90.52). No dally 3LB changes (reversal is 92.30).

SILVER
Spinning top 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 32.41).

BKX
Spinning top day. Midpoint below EMA(10). Tested and held SMA(21). Holding above its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 51.64).

HYG/LQD
Bearish short day (hanging man/hammer but no trend). Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (0.7678). No daily 3LB changes (reversal is 0.7847).

COPPER
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (3.673). No daily 3LB changes (reversal is 3.688).

AAPL
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Still failing its 0.0% retrace (703.99). No daily 3LB changes (reversal is 701.91).

CRB
Bullish short day. Midpoint above EMA(10). Still failing SMA(21). Tested and held its 50.0% minor retrace (308.95). Daily 3LB reversal up (reversal is 303.74).

IT HAS BEGUN. YOU HAVE BEEN WARNED.