AmenRa's Corner 12.28.12

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish long 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 1446.79). QE2infinity. Still below 2 of 3 trend lines and RSI(14) below 50.

DXY
Spinning top day. Midpoint below EMA(10). Still failing the 38.2% retrace (79.97). Tested and failed SMA(21). No dally 3LB changes (reversal is 80.25).

VIX
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (21.62). New high on daily 3LB (reversal is 17.67).

GOLD
Bearish short day. Midpoint below EMA(10). Still failing its 50.0% retrace (1670.30). Still failing all SMA's. No daily 3LB changes (reversal is 1693.80). Must have the precious.

EURUSD
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (1.3138). No daily 3LB changes (reversal is 1.3171).

JNK
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 100.0% retrace (40.86). New low on daily 3LB (reversal is 40.94).

10YR YIELD
Spinning top day. Still above all SMA's. Midpoint below EMA(10). Now failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 16.97).

WTI
Bearish short day. Tested and failed SMA(89). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (90.65). No dally 3LB changes (reversal is 89.80).

SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (30.25). No daily 3LB changes (reversal is 32.28).

BKX
Doji day. Midpoint below EMA(10). Still above all SMA's. Tested and failed its 61.8% minor retrace (50.92). No daily 3LB changes (reversal is 49.71).

HYG/LQD
Bullish short day. Now failing SMA(21,233). Midpoint below EMA(10). Now failing its 38.2% minor retrace (0.7678). No daily 3LB changes (reversal is 0.7713).

COPPER
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.706).

AAPL
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% retrace (509.60). Still failing BB(2,200). Daily 3LB reversal down (reversal is 533.90).

CCI
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 38.2% retrace (557.71). New low on daily 3LB (reversal is 565.00).

IT HAS BEGUN. YOU HAVE BEEN WARNED.