"You are now caught in the event horizon of the 200SMA."
Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
Doji day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed the 61.8% minor retrace (1383.13). No daily 3LB changes (reversal is 1413.11). QE2infinity. Still below all trend lines and RSI(14) still below 50.
Dragonfly doji day. Midpoint above EMA(10). Holding above the 38.2% retrace (79.97). Tested and held SMA(89). New high on dally 3LB (reversal is 80.81).
Bearish long day (confirmed hanging man). Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 61.8% minor retrace (18.81). Daily 3LB reversal down (reversal is 19.07).
Spinning top day. Midpoint above EMA(10). Tested and held its 38.2% retrace (1730.90). Tested and failed SMA(55). No daily 3LB changes (reversal is 1675.20). Must have the precious.
Spinning top day. Midpoint below EMA(10). Tested and held SMA(144). Tested and failed its 61.8% minor retrace (1.2759). No daily 3LB changes (reversal is 1.2793).
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and failed its 61.8% minor retrace (40.10). New low on daily 3LB (reversal is 39.98).
Doji day (no trading). Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). New low on daily 3LB (reversal is 16.18).
Bearish short 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 88.71).
Hanging man day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 38.2% minor retrace (32.24). No daily 3LB changes (reversal is 30.86).
Spinning top day. Midpoint below EMA(10). Tested and held SMA(89). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 51.02).
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 0.0% retrace (0.7536). No daily 3LB changes (reversal is 0.7585).
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 61.8% minor retrace (3.443). No daily 3LB changes (reversal is 3.494).
Bearish short day (didn't confirm bullish harami). Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 38.2% retrace (555.47). Still failing BB(2,200). No daily 3LB changes (reversal is 595.32).
Bearish short day. Midpoint below EMA(10). Still failing SMA(233). Tested and held its 38.2% retrace (557.71). No daily 3LB changes (reversal is 565.17).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
This seems appropriate...
10 comments:
What happened to the trader/PPT who pushes futures higher every night? Already on holiday break?
Germany has figured out the black hole is Greece...time but no more money...
gonna get interesting.
Ra,
imo, gold is one interesting market of late
I was able to buy a lot of GLD for folks in the summer around the 150's but I'm quite confused about the outlook for that market at the moment
thanks for the 3lb and candle reads there
http://www.ft.com/intl/cms/s/0/eb26489a-2d18-11e2-9211-00144feabdc0.html#axzz2C76pmrWC
Glitch stops NYSE trading in 216 companies
By Arash Massoudi in New York
The New York Stock Exchange suspended trading in 216 companies, including US Steel and Travelers, for most of the trading day on Monday in the latest technology glitch to hit Wall Street.
Despite the suspensions, investors were able to continue to trade shares in the affected companies on other exchanges. Closing prices were determined by consolidating so-called last sale prices at other exchanges, which were then emailed to traders and posted online.
I know home builders aren't building new homes right now, so why are lumber prices rising? Is it because they are building multi-family dwellings?
SPX broke well below its 200EMA in the first five minutes. Then the buying frenzy began. Are they afraid the algos were about to pull the bid? Or is it the usual bounce at the 200EMA?
The market is higher due to Home Depot? It was kind of obvious that after Sandy many DIY home repair stores would see higher future profits.
Howdy y'all~!
Hope you have been Well.
I have been on 'Walkabout', haven't had much opportunity to Read/Post (to) the Threads..
Have seen that AmenRa has been 'Keepin' It Real'..
I, definitely, appreciate that..
I have learned much from his Charts/Charting Styles (incl. "3LB")
Hope to 'have more Time' to contribute(?) more, going fwd:..
~
AAIP
http://finance.yahoo.com/blogs/breakout/obamacare-become-reality-does-mean-130500698.html;_ylt=AnkDujesqhxGgNX6Wp2WWWOiuYdG;_ylu=X3oDMTRwMWNwN2VjBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yaWVzIG1peGVkIGxpc3QEcGtnA2Q3YjhkNjlkLTUwYWEtM2RkYS05YzYxLTA3MTA0ZWZlNGZkMgRwb3MDNARzZWMDTWVkaWFCTGlzdE1peGVkTFBDQVRlbXAEdmVyAzUwZTc4N2MyLTJkY2ItMTFlMi04ZDE1LTNjZDkyYmZmMjAxNg--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3
..Well, fiscal and monetary policy aside, the retired citizens, unable to find an acceptable rate, have bought into equities just in time to become muppets..
..It happens again, and again, and again...
New.
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