AmenRa's Corner 10.4.12

In a secret room in the subbasement of 33 Liberty Street...
In brightest day, in blackest night,
No shorts shall escape my sight
Let those who worship the shorts might,
Beware my power, PPT's light!!!





Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish long day. Midpoint above EMA(10). Now above all SMA's. Still failing the 0.0% retrace (1463.76). No daily 3LB changes (reversal is 1432.12). QE2infinity. Teetering on the trend line.



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



VIX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Holding above its 0.0% retrace (14.27). No daily 3LB changes (reversal is 13.88).



GOLD
Bullish long day. Midpoint above EMA(10). Holding above its 38.2% retrace (1730.90). Still above all SMA's. New high on daily 3LB (reversal is 1778.00). Must have the precious.



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



JNK
Bullish short day. Midpoint below EMA(10). Holding above SMA(55). Tested and held its 61.8% minor retrace (40.10). No daily 3LB changes (reversal is 40.73).



10YR YIELD
Bullish short day. Tested and held SMA(55). Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 18.70).



WTI
Bullish engulfing day. Tested and held SMA(89). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (90.85). No dally 3LB changes (reversal is 92.48).



SILVER
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (32.24). New high on daily 3LB (reversal is 33.69).



BKX
Bullish long day. Midpoint above EMA(10). Now above all SMA's. Tested and held its 61.8% minor retrace (50.92). No daily 3LB changes (reversal is 51.64).



HYG/LQD
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above 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
Bearish short 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).



EUFN
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 61.8% minor retrace (16.39). No daily 3LB changes (reversal is 18.54).







IT HAS BEGUN. YOU HAVE BEEN WARNED.


Sorry Mittens but you knew this was going to happen...

3 comments:

AmenRa said...

NFP 114k
Private 104k
LFPR 63.6 +0.1
27 wks 4844 -189k
Temp -2.0
Wkly hrs 34.5 +0.1
U3 7.8 -0.3 (really?!?)
U6 14.7 no change
B/D -9k
Part time 8613 +682k
Employed 142974 +873k

AmenRa said...

Now that the government knows that only sheeple look at U3, they've figured out where to manipulate the numbers to get the traders inline: Labor Force Participation Rate, U6, Part Time, B/D, Weekly hours, etc.

AmenRa said...

New.

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