Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
SPX
Gravestone doji day. Midpoint below EMA(10). Still failing SMA(21). Still failing the 0.0% retrace (1463.76). No daily 3LB changes (reversal is 1432.12). QE2infinity. Still below the trend line and still testing the other trend line.
DXY
Bearish short day. Midpoint above EMA(10). Tested and failed the 38.2% retrace (79.97). Holding above SMA(21). No dally 3LB changes (reversal is 79.27).
VIX
Bullish short day. Midpoint below EMA(10). Tested and failed SMA(55). Holding above its 0.0% retrace (14.27). No daily 3LB changes (reversal is 13.88).
GOLD
Spinning top day. Midpoint below EMA(10). Holding above its 38.2% retrace (1730.90). Tested and failed SMA(21). No daily 3LB changes (reversal is 1796.50). Must have the precious.
EURUSD
Bullish short day. Midpoint below EMA(10). Still failing SMA(21). Still failing its 38.2% retrace (1.3127). No daily 3LB changes (reversal is 1.3128).
JNK
Bullish short day. Midpoint above EMA(10). Holding above SMA(55). Holding above its 61.8% minor retrace (40.10). No daily 3LB changes (reversal is 40.73).
10YR YIELD
Bearish short day. Tested and failed SMA(21). Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 18.70).
WTI
Bullish short day. Tested and failed SMA(21). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (90.85). No dally 3LB changes (reversal is 92.48).
SILVER
Spinning top day. Still failing SMA(21). Midpoint below EMA(10). Holding above its 38.2% minor retrace (32.24). No daily 3LB changes (reversal is 33.69).
BKX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (50.92). No daily 3LB changes (reversal is 51.64).
HYG/LQD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (0.7536). New low on daily 3LB (reversal is 0.7800).
COPPER
Bullish short day. Midpoint below EMA(10). Tested and failed SMA(21). Holding above its 38.2% retrace (3.673). No daily 3LB changes (reversal is 3.688).
AAPL
Bearish long day. Tested and failed SMA(89). Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (629.73). New low on daily 3LB (reversal is 652.59).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
3 comments:
Anyone watching MMA on CNN?
JPM, WFC and Consumer Confidence isn't enough to ignite animal spirits? Plus not confirming a gravestone doji (SPX) is not a good sign for the bulls.
LMAO as the SPX fights to hold the 50SMA.
Post a Comment