AmenRa's Corner 10.2.12

"We found him hiding over on Wall Street. The rest of the year should be ok now."


Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Doji 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
Bearish short day. Midpoint above EMA(10). Still failing the 38.2% retrace (79.97). Tested and failed SMA(21). No dally 3LB changes (reversal is 78.83).



VIX
Doji day. Midpoint above 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 above EMA(10). Holding above its 38.2% retrace (1730.90). Still above all SMA's. No daily 3LB changes (reversal is 1772.70). Must have the precious.



EURUSD
Bullish short day. Midpoint below EMA(10). Tested and held SMA(21). Still failing its 38.2% retrace (1.3127). No daily 3LB changes (reversal is 1.3128).



JNK
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 61.8% minor retrace (40.10). No daily 3LB changes (reversal is 40.73).



10YR YIELD
Bearish long day. Tested and failed SMA(55,89). Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). New low on daily 3LB (reversal is 18.70).



WTI
Bearish short day. Holding above SMA(89). Midpoint below EMA(10). Holding above its 61.8% minor retrace (90.85). No dally 3LB changes (reversal is 89.98).



SILVER
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (32.24). No daily 3LB changes (reversal is 32.67).



BKX
Doji day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed its 50.0% minor retrace (50.01). No daily 3LB changes (reversal is 51.64).



HYG/LQD
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (0.7536). 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
Doji day. Still failing SMA(21). Midpoint below EMA(10). Still failing its 0.0% retrace (703.99). No daily 3LB changes (reversal is 690.79).



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.

2 comments:

AmenRa said...

ADP 162k down from 189k in Aug (revised lower from 201k). July was also revised lower to 156k (from 173k). But it did beat the consensus of 143k (snark).

ISM NonMfg
PMI 55.1 (from 53.7)
Employment 51.1 (from 53.8)
Prices Paid 68.1 (from 64.3)

AmenRa said...

New.

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