AmenRa's Corner 11.23.12

...can prevent market melt ups that originate with low to no volume.

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held the 50.0% minor retrace (1399.90). New high on daily 3LB (reversal is 1386.89). QE2infinity. Still below 2 of 3 trend lines and RSI(14) back above 50.

DXY
Bearish long day. Midpoint below EMA(10). Holding above the 38.2% retrace (79.97). Tested and failed SMA(21). New low on dally 3LB (reversal is 80.89).

VIX
Bullish short day. 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
Bullish long day. Midpoint above EMA(10). Tested and held its 38.2% retrace (1730.90). Tested and held SMA(55). New high on daily 3LB (reversal is 1726.00). Must have the precious.

EURUSD
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,55). Holding above its 61.8% minor retrace (1.2759). New high on daily 3LB (reversal is 1.2777).

JNK
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,55). Tested and held its 61.8% minor retrace (40.10). New high on daily 3LB (reversal is 39.77).

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 15.89).

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

SILVER
Bullish long 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 32.88).

BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 38.2% minor retrace (49.10). New high on daily 3LB (reversal is 46.68).

HYG/LQD
Doji day. Holding above SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (0.7536). New high on daily 3LB (reversal is 0.7529).

COPPER
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21,144). Holding above its 61.8% minor retrace (3.443). New high on daily 3LB (reversal is 3.441).

AAPL
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 38.2% retrace (555.47). Still failing BB(2,200). New high on daily 3LB (reversal is 525.62).

CCI
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55). Tested and held its 61.8% minor retrace (570.80). New high on daily 3LB (reversal is 568.04).

IT HAS BEGUN. YOU HAVE BEEN WARNED.