AmenRa's Corner 12.6.12

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish short day. Midpoint above EMA(10). Still failing SMA(89). Still failing the 38.2% minor retrace (1416.67). No daily 3LB changes (reversal is 1416.18). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.

DXY
Bullish long day. Midpoint below EMA(10). Tested and held the 38.2% retrace (79.97). Tested and held SMA(55). Dally 3LB reversal up (reversal is 79.67).

VIX
Doji day. Midpoint above EMA(10). Tested and held SMA(21). Still failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 15.06).

GOLD
Bullish short day. Midpoint below EMA(10). Still failing its 38.2% retrace (1733.20). Still failing SMA(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. Still failing its 38.2% retrace (1.3127). Daily 3LB reversal down (reversal is 1.3101).

JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (40.10). New high on daily 3LB (reversal is 40.29).

10YR YIELD
Doji day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). Daily 3LB reversal down (reversal is 16.93).

WTI
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Still failing its 38.2% minor retrace (88.45). No dally 3LB changes (reversal is 84.87).

SILVER
Bullish short day. Tested and failed SMA(21,55). Midpoint below EMA(10). Holding above its 38.2% minor retrace (32.24). No daily 3LB changes (reversal is 34.42).

BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 46.68).

HYG/LQD
Bullish short day. Tested and held SMA(89,144). Midpoint above EMA(10). Holding above its 0.0% retrace (0.7536). New high on daily 3LB (reversal is 0.7612).

COPPER
Bearish short day. Midpoint above EMA(10). Tested and held SMA(233). Tested and failed its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.605).

AAPL
Bullish thrusting day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% retrace (555.47). Still failing BB(2,200). No daily 3LB changes (reversal is 589.53).

CCI
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55,89). Tested and held its 61.8% minor retrace (570.80). No daily 3LB changes (reversal is 568.70).

IT HAS BEGUN. YOU HAVE BEEN WARNED.