AmenRa's Corner 12.14.12

"We're making a list and checking it twice. We're going to find out who is hunting the bear (yeah I know it doesn't rhyme)."

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55). Tested and failed the 38.2% minor retrace (1416.67). Daily 3LB reversal down (reversal is 1428.48). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.

DXY
Bearish long day. Midpoint below EMA(10). Tested and failed the 38.2% retrace (79.97). Still failing all SMA's. Dally 3LB reversal down (reversal is 80.41).

VIX
Bullish short day. Midpoint above EMA(10). Holding above SMA(21,55,89). Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 15.06).

GOLD
Bearish short day. Midpoint below EMA(10). Still failing its 38.2% retrace (1733.20). Still failing SMA(21,55,89). No daily 3LB changes (reversal is 1718.80). Must have the precious.

EURUSD
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% retrace (1.3134). Daily 3LB reversal up (reversal is 1.2939).

JNK
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 100.0% retrace (40.86). No daily 3LB changes (reversal is 40.65).

10YR YIELD
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 15.81).

WTI
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (88.45). No dally 3LB changes (reversal is 84.87).

SILVER
Bearish long day. Tested and failed SMA(89). Midpoint below EMA(10). Holding above its 38.2% minor retrace (32.24). New low on daily 3LB (reversal is 33.28).

BKX
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(55). Still failing its 50.0% minor retrace (50.01). No daily 3LB changes (reversal is 49.17).

HYG/LQD
Spinning top day (evening star formed). Still above all SMA's. Midpoint above EMA(10). Tested and failed its 50.0% minor retrace (0.7722). No daily 3LB changes (reversal is 0.7647).

COPPER
Doji day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.658).

AAPL
Bearish short day (but gapped lower). Still failing all SMA's. Midpoint below EMA(10). Tested and held its 50.0% retrace (509.60). Still failing BB(2,200). New low on daily 3LB (reversal is 533.25).

CCI
Bullish long day. Midpoint below EMA(10). Still failing SMA(21). Still failing its 61.8% minor retrace (570.80). No daily 3LB changes (reversal is 575.22).

IT HAS BEGUN. YOU HAVE BEEN WARNED.