AmenRa's Corner 11.19.12

Posted by AmenRa on Monday, November 19, 2012 /



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish long day (confirmed hammer). Midpoint below EMA(10). Tested and held SMA(144,233). Tested and held the 61.8% minor retrace (1383.13). Daily 3LB reversal up (reversal is 1353.33). QE2infinity. Still below all trend lines and RSI(14) still below 50.



DXY
Hanging man day. Midpoint above EMA(10). Holding above the 38.2% retrace (79.97). Tested and held SMA(89). Dally 3LB reversal down (reversal is 81.19).



VIX
Bearish short day. Midpoint below EMA(10). Now below all SMA's. Still failing its 61.8% minor retrace (18.81). New low on daily 3LB (reversal is 16.68).



GOLD
Bullish long day. Midpoint above EMA(10). Tested and held its 38.2% retrace (1730.90). Tested and held SMA(21). New high on daily 3LB (reversal is 1701.60). Must have the precious.



EURUSD
Bullish short day. Midpoint below EMA(10). Holding above SMA(144). Tested and held its 61.8% minor retrace (1.2759). New high on daily 3LB (reversal is 1.2709).



JNK
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and held its 50.0% minor retrace (39.86). Daily 3LB reversal up (reversal is 39.66).



10YR YIELD
Doji day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 16.13).



WTI
Bullish long day. Holding above SMA(21). Midpoint above EMA(10). Tested and held its 38.2% minor retrace (87.97). Dally 3LB reversal up (reversal is 84.87).



SILVER
Bullish long day. Tested and failed SMA(55). Midpoint above EMA(10). Holding above its 38.2% minor retrace (32.24). New high on daily 3LB (reversal is 32.24).



BKX
Bullish long day (confirmed hammer). Midpoint below EMA(10). Tested and failed SMA(89). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 48.39).



HYG/LQD
Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 0.0% retrace (0.7536). Daily 3LB reversal up (reversal is 0.7409).



COPPER
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 61.8% minor retrace (3.443). Daily 3LB reversal up (reversal is 3.441).



AAPL
Bullish long day. Still failing all SMA's. Midpoint above EMA(10). Tested and held its 38.2% retrace (555.47). Still failing BB(2,200). Daily 3LB reversal up (reversal is 525.62).



CCI
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,233). Holding above its 38.2% retrace (557.71). Daily 3LB reversal up (reversal is 556.92).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

2 comments:

BinT said...

SAN JOSE, Calif. — November 15, 2012 — North America-based manufacturers of semiconductor equipment posted $743.2 million in orders worldwide in October 2012 (three-month average basis) and a book-to-bill ratio of 0.75, according to the October Book-to-Bill Report published today by SEMI. A book-to-bill of 0.75 means that $75 worth of orders were received for every $100 of product billed for the month.

http://www.semi.org/MarketInfo/Book-to-Bill

..These numbers are easily as bad as the tech burst. Dropping like a stone the last 4 months. There must be tech layoffs coming soon.

November 20, 2012 at 7:23 AM
AmenRa said...

New.

November 20, 2012 at 6:17 PM

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