AmenRa's Corner 10.8.12

Posted by AmenRa on Tuesday, October 9, 2012 /



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Still failing the 0.0% retrace (1463.76). No daily 3LB changes (reversal is 1432.12). QE2infinity. Back below the trend line.



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



VIX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (14.27). No daily 3LB changes (reversal is 13.88).



GOLD
Bearish short day. Midpoint above EMA(10). Holding above its 38.2% retrace (1730.90). Tested and held SMA(21). Daily 3LB reversal down (reversal is 1796.50). Must have the precious.



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
No trade today (showing previous info). Tested and held SMA(21). Midpoint above EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 18.70).



WTI
Bearish short day. Now failing all SMA's. Midpoint below EMA(10). Tested and held its 50.0% minor retrace (89.18). No dally 3LB changes (reversal is 92.48).



SILVER
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 38.2% minor retrace (32.24). No daily 3LB changes (reversal is 33.69).



BKX
Bearish 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). Holding above its 0.0% retrace (0.7536). No daily 3LB changes (reversal is 0.7847).



COPPER
Bearish long 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 short day. Tested and failed SMA(55). Midpoint below EMA(10). Tested and failed its 38.20% minor retrace (647.26). New low on daily 3LB (reversal is 665.18).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

iKatherine

iWhoosh

iKneival

iPlunge

iAbyss

iCliff

October 9, 2012 at 11:27 AM
Anonymous said...

AmenRa,

w/ this..

http://finviz.com/quote.ashx?t=ISIL

is that looking 'Hammer-bottom-ish', to you?

something tells me that ISIL is, now, "undervalued"..

AAIP

October 9, 2012 at 3:17 PM
AmenRa said...

AAIP

It is an inverted hammer (but it's better indicator if it's a higher close). ISIL did just take out its all time low (from the week ending 12/5/08) of 7.18 by closing at 7.02.



New post up.

October 9, 2012 at 8:25 PM

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