What holders of AAPL and GOOG felt today...
Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
SPX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21) but held SMA(55). Still failing the 0.0% retrace (1463.76). No daily 3LB changes (reversal is 1465.77). QE2infinity. Still below the trend line and back below the lowest trend line.
DXY
Bullish long day. Midpoint below EMA(10). Still failing the 38.2% retrace (79.97). Tested and held SMA(21). No dally 3LB changes (reversal is 80.10).
VIX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,55,89). Holding above its 0.0% retrace (14.27). New high on daily 3LB (reversal is 13.88).
GOLD
Bearish long day. Midpoint below EMA(10). Tested and failed its 38.2% retrace (1730.90). Still failing SMA(21). New low on daily 3LB (reversal is 1765.70). Must have the precious.
EURUSD
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Still failing its 38.2% retrace (1.3127). No daily 3LB changes (reversal is 1.2862).
JNK
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (40.10). No daily 3LB changes (reversal is 40.73).
10YR YIELD
Bearish short day (confirmed hanging man). Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 18.70).
WTI
Bearish long day. Tested and failed SMA(21,89). Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (90.85). No dally 3LB changes (reversal is 92.95).
SILVER
Bearish long day. Tested and failed SMA(55). Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (32.24). New low on daily 3LB (reversal is 34.95).
BKX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 61.8% minor retrace (50.92). No daily 3LB changes (reversal is 51.64).
HYG/LQD
Bearish long day. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (0.7536). No daily 3LB changes (reversal is 0.7800).
COPPER
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% retrace (3.673). Daily 3LB reversal down (reversal is 3.832).
AAPL
Bearish long day. Tested and failed SMA(144). Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (612.2). New low on daily 3LB (reversal is 638.17).
CCI
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% minor retrace (578.89). No daily 3LB changes (reversal is 569.70).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
1 comments:
Weekly 3LB Update 10/19/12
Post a Comment