AmenRa's Corner 12.31.12

In a secret room in the subbasement of 33 Liberty Street...

In brightest day, in blackest night,

No shorts shall escape my sight

Let those who worship the shorts might,

Beware my power, PPT's light!!!

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish long day. Midpoint below EMA(10). Tested and held SMA(21,55). Tested and held the 38.2% minor retrace (1416.67). No daily 3LB changes (reversal is 1446.79). QE2infinity. Still below 2 of 3 trend lines and RSI(14) back above 50.

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

VIX
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 17.67).

GOLD
Bullish long day. Midpoint below EMA(10). Tested and held its 50.0% retrace (1670.30). Tested and failed SMA(144,233). 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
Bullish short day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 100.0% retrace (40.86). No daily 3LB changes (reversal is 40.94).

10YR YIELD
Bullish long day. Still above all SMA's. Midpoint below EMA(10). Tested and held its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 16.97).

WTI
Bullish long day. Tested and held SMA(89,144). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (90.65). New high on dally 3LB (reversal is 89.98).

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

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

COPPER
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21,55,89,233). Still failing its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.706).

AAPL
Bullish long day. Tested and failed SMA(21). Midpoint below EMA(10). Tested and held its 50.0% retrace (509.60). Still failing BB(2,200). No daily 3LB changes (reversal is 533.90).

CCI
Spinning top 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 560.76).

IT HAS BEGUN. YOU HAVE BEEN WARNED.

"Saddle up. The fiscal cliff was the signal."