AmenRa's Corner 11.5.12

"Cliff??? Cliff??? What fiscal cliff???"

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish short day. Midpoint below EMA(10). Tested and held SMA(89). Tested and held the 38.2% minor retrace (1416.67). No daily 3LB changes (reversal is 1459.99). QE2infinity. Still below the trend line and also below the lowest trend line.

DXY
Bullish short day. Midpoint above EMA(10). Holding above the 38.2% retrace (79.97). Holding above SMA(55). New high on dally 3LB (reversal is 79.22).

VIX
Spinning top day. Midpoint above EMA(10). Tested and held SMA(144). Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 14.05).

GOLD
Bullish short day (bullish harami?). Midpoint below EMA(10). Still failing its 38.2% retrace (1730.90). Tested and held SMA(89). No daily 3LB changes (reversal is 1724.00). Must have the precious.

EURUSD
Bearish short day. Midpoint below EMA(10). Still failing SMA(55). Still failing its 38.2% retrace (1.3127). New low on daily 3LB (reversal is 1.3132).

JNK
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(55). Holding above its 61.8% minor retrace (40.10). No daily 3LB changes (reversal is 40.73).

10YR YIELD
Bearish short day. Tested and failed SMA(144). Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 18.70).

WTI
Bullish thrusting 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 86.67).

SILVER
Bullish short day (bullish harami?). Tested and held SMA(233). Midpoint below EMA(10). Still failing its 38.2% minor retrace (32.24). No daily 3LB changes (reversal is 32.10).

BKX
Dragonfly doji day (but not in an uptrend). Midpoint below EMA(10). Tested and held SMA(55). Tested and failed its 50.0% minor retrace (50.01). No daily 3LB changes (reversal is 51.64).

HYG/LQD
Bearish short day. Tested and failed SMA(21). Midpoint below EMA(10). Tested and held its 0.0% retrace (0.7536). No daily 3LB changes (reversal is 0.7529).

COPPER
Spinning top day (morning star forming?). Midpoint below EMA(10). Now failing all SMA's. Still failing its 38.2% retrace (3.673). No daily 3LB changes (reversal is 3.550).

AAPL
Spinning top day (bullish harami?). Still failing SMA(144). Midpoint below EMA(10). Still failing its 61.8% minor retrace (612.20). Still failing BB(2,200). No daily 3LB changes (reversal is 609.54).

CCI
Bearish short day (morning star forming?). Midpoint below EMA(10). Still failing SMA(233). Tested and failed its 38.2% retrace (557.71). New low on daily 3LB (reversal is 565.17).

IT HAS BEGUN. YOU HAVE BEEN WARNED.