AmenRa's Corner 9.4.12

Posted by AmenRa on Tuesday, September 4, 2012 /



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing the 0.0% retrace (1419.15). No daily 3LB changes (reversal is 1418.16). QE2infinity.



DXY
Bullish short day. Midpoint below EMA(10). Still failing the 61.8% minor retrace (81.51). Tested and held SMA(144). New low on dally 3LB (reversal is 81.51).



VIX
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(89,144). Tested and failed its 61.8% minor retrace (18.81). New high on daily 3LB (reversal is 16.48).



GOLD
Spinning top day. Midpoint above EMA(10). Holding above its 50.0% retrace (1668.00). Now above all SMA's. New high on daily 3LB (reversal is 1672.90). Must have the precious.



EURUSD
Spinning top day. Midpoint above EMA(10). Holding above SMA(89). Tested and failed its 50.0% minor retrace (1.2636). No daily 3LB changes (reversal is 1.2470).



JNK
Bearish short day (confirmed hanging man). Midpoint below EMA(10). Tested and failed SMA(21). Tested and held its 50.0% minor retrace (39.86). Daily 3LB reversal down (reversal is 40.14).



10YR YIELD
Bullish short day (possible bullish harami). Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 16.48).



WTI
Bearish short day. Tested and failed SMA(144). Midpoint above EMA(10). Tested and failed its 38.2% retrace (95.94). No dally 3LB changes (reversal is 97.26).



SILVER
Bullish long day. Now above all SMA's. Midpoint above EMA(10). Tested and held its 38.2% minor retrace (32.15). New high on daily 3LB (reversal is 30.71).



BKX
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 61.8% retrace (46.14). No daily 3LB changes (reversal is 47.47).



HYG/LQD
Spinning top day. Now failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (0.7678). New low on daily 3LB (reversal is 0.7738).



COPPER
Spinning top day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.546).



AAPL
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 0.0% retrace (674.88). No daily 3LB changes (reversal is 648.11).







IT HAS BEGUN. YOU HAVE BEEN WARNED.




Some Chicago humor:

3 comments:

Matthew said...

AmenRa: If you are able to see my email (as an administrator), send me a simple note. I have a new bear picture for your rotation

September 4, 2012 at 8:58 PM
AmenRa said...

Matthew

I looked but couldn't see or find it. Just put up a link to the pic.

September 5, 2012 at 1:22 AM
AmenRa said...

Next one up.

September 5, 2012 at 6:19 PM

Post a Comment

Disclosure/Warning

This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.