Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
SPX
Spinning top 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
Bearish short day. Midpoint below EMA(10). Tested and failed the 61.8% minor retrace (81.51). Tested and held SMA(144). No dally 3LB changes (reversal is 81.51).
VIX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55). Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 16.48).
GOLD
Bearish short day. Midpoint above EMA(10). Holding above its 50.0% retrace (1668.00). Still above all SMA's. No daily 3LB changes (reversal is 1672.90). Must have the precious.
EURUSD
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 38.2% minor retrace (1.2522). New high on daily 3LB (reversal is 1.2532).
JNK
Spinning top day. Midpoint below EMA(10). Tested and held SMA(21). Tested and held its 50.0% minor retrace (39.86). No daily 3LB changes (reversal is 40.14).
10YR YIELD
Bullish short day (weak confirmation of bullish harami). Tested and held SMA(55). Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 16.48).
WTI
Spinning top day. Tested and held SMA(21). Midpoint above EMA(10). Tested and failed its 38.2% retrace (95.94). No dally 3LB changes (reversal is 97.26).
SILVER
Bullish short day (possible bearish harami). Still above all SMA's. Midpoint above EMA(10). Tested and held its 38.2% minor retrace (32.15). No daily 3LB changes (reversal is 30.71).
BKX
Spinning top day. Midpoint below 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. Tested and failed SMA(89). Midpoint below EMA(10). Still failing its 38.2% minor retrace (0.7678). No daily 3LB changes (reversal is 0.7738).
COPPER
Bullish long day. Midpoint above EMA(10). Tested and held SMA(89). Holding above its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.546).
AAPL
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 0.0% retrace (674.88). No daily 3LB changes (reversal is 648.11).
TLT
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(55). Holding above its 38.2% minor retrace (125.64). No daily 3LB changes (reversal is 125.54).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
8 comments:
http://www.businessweek.com/news/2012-09-04/risk-increases-of-prolonged-world-slowdown-boj-s-miyao-says
Bloomberg News
BOJ: Risk Increases of Prolonged World Slowdown
Anybody ever read or used this: http://www.speedmathematics.com/lua2.htm
ECB bond buying is sterilized so no additional funds sloshing around in EU banks. Anyway the 1-3 year range was covered by the LTRO.
the speed math thing is interesting, but I don't see how it works for 6x6, for example. He says it does, but if you want to see how, buy his $85 package. I don't care that much ;-)
Ra,
I've seen that before. When I want to do math really fast I use the 12-c.
Of course, that little tool did cost more than $85....
:-)
i went back and looked at the 6x6 example, and it does work, so I can save myself $85 in the event that I changed my mind and got curious
There's a lot of ways to do speed math. One is the Vedic System. For some reason I felt I wanted to find ways to compute faster w/o a calculator.
New post.
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