AmenRa's Corner 11.21.12




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(144). Holding above the 61.8% minor retrace (1383.13). New high on daily 3LB (reversal is 1355.49). QE2infinity. Still below 2 of 3 trend lines and RSI(14) still below 50.



DXY
Bearish short day. Midpoint below EMA(10). Holding above the 38.2% retrace (79.97). Tested and failed SMA(89). New low on dally 3LB (reversal is 81.12).



VIX
Bullish short day (weak confirmation of gravestone doji). Midpoint below EMA(10). Still below all SMA's. Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 16.64).



GOLD
Doji day (didn't confirm bearish harami). Midpoint above EMA(10). Tested and failed its 38.2% retrace (1730.90). Holding above SMA(21). No daily 3LB changes (reversal is 1701.60). Must have the precious.



EURUSD
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(21). Tested and held its 61.8% minor retrace (1.2759). New high on daily 3LB (reversal is 1.2716).



JNK
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and failed its 61.8% minor retrace (40.10). No daily 3LB changes (reversal is 39.66).



10YR YIELD
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Still failing its 38.2% minor retrace (17.47). New high on daily 3LB (reversal is 15.74).



WTI
Spinning top day. Tested and held SMA(21). Midpoint above EMA(10). Now failing its 38.2% minor retrace (88.45). No dally 3LB changes (reversal is 84.87).



SILVER
Bullish short day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 38.2% minor retrace (32.24). New high on daily 3LB (reversal is 32.60).



BKX
Bearish short day. Midpoint above EMA(10). Tested and held SMA(89). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 46.68).



HYG/LQD
Bullish long day. Holding above SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (0.7536). New high on daily 3LB (reversal is 0.7449).



COPPER
Bearish short day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 61.8% minor retrace (3.443). No daily 3LB changes (reversal is 3.441).



AAPL
Bearish short day. Still failing SMA(21,233). Midpoint above EMA(10). Tested and held its 38.2% retrace (555.47). Still failing BB(2,200). No daily 3LB changes (reversal is 525.62).



CCI
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 61.8% minor retrace (570.80). New high on daily 3LB (reversal is 557.90).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

6 comments:

AmenRa said...

http://www.webmd.com/food-recipes/features/the-truth-about-tryptophan?page=2

Thanksgiving Grogginess: Look Beyond the Turkey

So if eating turkey isn't exactly the same as popping a sleeping pill, why the sudden grogginess as soon as our holiday feast is over?

"It boils down to Thanksgiving being a time when people overeat," Jackson Blatner says. "When people overeat food, the digestion process takes a lot of energy. Don't incriminate the turkey that you ate," she says of post-Thanksgiving meal exhaustion, "incriminate the three plates of food that you piled high."

AmenRa said...

There's more L-tryptophan in chicken than in turkey. Considering how much KFC, Popeye's, Harold's, grilled and baked chicken people eat it's surprising more aren't passed out. So don't blame the turkey for sleepiness tomorrow.

Gus said...

Happy Thanksgiving AmenRa, from a long-time "lurker" in Alaska ... many thanks for all that you have done on this blog over the years. Much appreciated indeed!

AmenRa said...

Gus

Thank you.

AmenRa said...

So any idea how much selling is going on with the market up for no apparent reason?

AmenRa said...

New.

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