AmenRa's Corner 10.25.12

Posted by AmenRa on Thursday, October 25, 2012 /



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Spinning top day. Midpoint below EMA(10). Still failing SMA(55). Tested and failed the 38.2% minor retrace (1416.67). No daily 3LB changes (reversal is 1459.99). QE2infinity. Still below the trend line and also below the lowest trend line.



DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 38.2% retrace (79.97). Tested and held SMA(21). No dally 3LB changes (reversal is 80.10).



VIX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(144). Tested and failed its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 14.05).



GOLD
Bullish short day. Midpoint below EMA(10). Still failing its 38.2% retrace (1730.90). Tested and failed SMA(55). No daily 3LB changes (reversal is 1737.60). Must have the precious.



EURUSD
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 38.2% retrace (1.3127). No daily 3LB changes (reversal is 1.2862).



JNK
Bearish short day. Midpoint below EMA(10). Holding above SMA(21). Holding above its 61.8% minor retrace (40.10). No daily 3LB changes (reversal is 40.73).



10YR YIELD
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 50.0% minor retrace (18.42). No daily 3LB changes (reversal is 18.70).



WTI
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (87.97). No dally 3LB changes (reversal is 91.84).



SILVER
Bullish short day. Still failing SMA(55). Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (32.24). No daily 3LB changes (reversal is 32.74).



BKX
Spinning top day. Midpoint below EMA(10). Still failing SMA(21). Still failing its 50.0% minor retrace (50.01). No daily 3LB changes (reversal is 51.64).



HYG/LQD
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (0.7536). No daily 3LB changes (reversal is 0.7800).



COPPER
Spinning top day. Midpoint below EMA(10). Tested and held SMA(144). Still failing its 38.2% retrace (3.673). New low on daily 3LB (reversal is 3.622).



AAPL
Bearish short day (until earnings). Tested and failed SMA(144). Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (612.20). New low on daily 3LB (reversal is 635.85).



CCI
Spinning top day. Midpoint below EMA(10). Still failing SMA(55). Tested and failed its 61.8% minor retrace (570.80). No daily 3LB changes (reversal is 587.50).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

Funny how they excluded GNP from the GDP 3Q release.

October 26, 2012 at 9:58 AM
AmenRa said...

Plus they needed GDP to be BTE to offset the carnage from AAPL & AMZN results. Just sayin'

October 26, 2012 at 10:00 AM
AmenRa said...

Is T+3 turning into T-3?

October 26, 2012 at 12:08 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.