AmenRa's Corner 6.22.12

Posted by AmenRa on Friday, June 22, 2012 / / Comments: (9)
"Damn you PPT! Each time I have a chance to push the market lower you appear."


Creditcane™: Yes it's me that you see in the rear view mirror.


SPX
Bullish short day. Midpoint below EMA(10). Tested and held SMA(144). Still failing the 61.8% minor retrace (1343.55). No daily 3LB changes (reversal is 1304.86). QE2infinity.



DXY
Doji day. Midpoint above EMA(10). Holding above the 38.2% minor retrace (81.70). Tested and failed SMA(21). No daily 3LB changes (reversal is 81.38).



VIX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and failed its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 26.66).



GOLD
Bullish harami day. Midpoint below EMA(10). Still failing its 61.8% retrace (1600.40). Now failing all SMA's. No daily 3LB changes (reversal is 1559.40). Must have the precious.



EURUSD
Spinning top day. Midpoint below EMA(10). Tested and held SMA(21). Still failing its 38.2% minor retrace (1.2710). No daily 3LB changes (reversal is 1.2556).



JNK
Bullish short day (didn't confirm bearish engulfing). Midpoint above EMA(10). Tested and held SMA(144). Holding above its 61.8% retrace (38.86). No daily 3LB changes (reversal is 37.59).



10YR YIELD
Bullish short day. Holding above SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (14.71). No daily 3LB changes (reversal is 17.65).



WTI
Bullish piercing day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 0.0% retrace (81.14). No dally 3LB changes (reversal is 83.00).



SILVER
Bearish short day. Failing all SMA's. Midpoint below EMA(10). Tested and held its 100.0% retrace (26.60). New low on daily 3LB (reversal is 29.49).



BKX
Bullish short day (didn't confirm bearish engulfing). Midpoint above EMA(10). Holding above SMA(144). Holding above its 50.0% retrace (43.76). No daily 3LB changes (reversal is 44.05).



HYG/LQD
Bullish short day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7646).



COPPER
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 38.2% minor retrace (3.280). No daily 3LB changes (reversal is 3.434).



AAPL
Spinning top day. Tested and held SMA(55). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (577.84). No daily 3LB changes (reversal is 572.27).



CRB
Bullish harami day. Midpoint below EMA(10). Failing all SMA's. Still failing its 38.2% minor retrace (277.27). No daily 3LB changes (reversal is 275.05).



XLE
Doji day. Still failing all SMA's. Midpoint above EMA(10). Tested and failed its 61.8% retrace (63.73). No daily 3LB changes (reversal is 65.97).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 6.21.12

Posted by AmenRa on Thursday, June 21, 2012 / / Comments: (10)



Creditcane™: Funny what happens when I step onto the trading floor.


SPX
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(55,144). Tested and failed the 61.8% minor retrace (1343.55). No daily 3LB changes (reversal is 1304.86). QE2infinity.



DXY
Bullish long day. Midpoint below EMA(10). Tested and held the 38.2% minor retrace (81.70). Tested and failed SMA(21). Daily 3LB reversal up (reversal is 81.38).



VIX
Bullish long day (confirmed inverted hammer). Midpoint below EMA(10). Tested and held SMA(89). Tested and held its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 26.66).



GOLD
Bearish long day. Midpoint below EMA(10). Tested and failed its 61.8% retrace (1600.40). Tested and failed SMA(21). No daily 3LB changes (reversal is 1559.40). Must have the precious.



EURUSD
Bearish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed its 38.2% minor retrace (1.2710). No daily 3LB changes (reversal is 1.2556).



JNK
Bearish engulfing day. Midpoint above EMA(10). Tested and failed SMA(55,89,144). Tested and failed its 61.8% retrace (38.86). No daily 3LB changes (reversal is 37.59).



10YR YIELD
Bearish short day. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (14.71). No daily 3LB changes (reversal is 17.65).



WTI
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (81.14). New low on dally 3LB (reversal is 83.00).



SILVER
Bearish long day. Failing SMA(21). Midpoint below EMA(10). Failing its 61.8% minor retrace (30.00). Daily 3LB reversal down (reversal is 29.49).



BKX
Bearish engulfing day. Midpoint above EMA(10). Tested and failed SMA(55). Holding above its 50.0% retrace (43.76). No daily 3LB changes (reversal is 44.05).



HYG/LQD
Bearish engulfing day. Tested and failed SMA(55,89,233). Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7646).



GS (weekly)
-no change (below mid)
trend=down
low= 92.64
rev= 108.99; mid= 100.82



JPM (weekly)
-no change (below mid)
trend=down
low= 31.93
rev= 45.16; mid= 38.55



MS (weekly)
-no change (below mid)
trend=no
direction=down (2 bars)
low= 12.73
rev= 20.33; mid= 16.53



CS (weekly)
new low 18.88
trend=down
low= 18.88
rev= 21.12; mid= 20.00







IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 6.20.12

Posted by AmenRa on Wednesday, June 20, 2012 / / Comments: (18)
"It's too late. There is no escape."



Creditcane™: The FOMC realized that more QE would bring my wrath.


SPX
Spinning top day. Midpoint above EMA(10). Tested and held SMA(55). Tested and failed the 50.0% minor retrace (1357.98). No daily 3LB changes (reversal is 1304.86). QE2infinity.



VIX
Inverted hammer day. Midpoint below EMA(10). Failing all SMA's. Failing its 61.8% minor retrace (18.81). New low on daily 3LB (reversal is 26.66).



EURUSD
Spinning top day. Midpoint above EMA(10). Holding above SMA(21). Tested and failed its 38.2% minor retrace (1.2710). No daily 3LB changes (reversal is 1.2556).



BKX
Doji day. Midpoint above EMA(10). Tested and afield SMA(55). Holding above its 50.0% retrace (43.76). New high on daily 3LB (reversal is 44.05).



HYG/LQD
Bearish short day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7643). New high on daily 3LB (reversal is 0.7646).



Athens (weekly)
-no change (below mid)
trend=down
low= 485.18
rev= 689.86; mid= 587.52



IBEX (weekly)
-no change (above mid)
trend=down
low= 6065.00
rev= 6876.00; mid= 6470.50



FT MIB (weekly)
-no change (below mid)
trend=down
low= 12739.98
rev= 14339.50; mid=13549.74



DAX (weekly)
-no change (below mid)
trend=down
low= 6050.29
rev= 6583.90; mid= 6317.10







IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 6.19.12

Posted by AmenRa on Tuesday, June 19, 2012 / / Comments: (2)
"Say my name! QE! Say my name! QE!"


Creditcane™: Q: Are US large banks healthy? A: Not as long as they hold Level 3 Assets as mark-to-fantasy.


SPX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55). Tested and held the 50.0% minor retrace (1357.98). New high on daily 3LB (reversal is 1304.86). QE2infinity.



DXY
Bearish long day. Midpoint below EMA(10). Tested and failed the 38.2% minor retrace (81.70). Still failing SMA(21). New low on daily 3LB (reversal is 82.05).



VIX
Bullish thrusting day. Midpoint below EMA(10). Failing all SMA's. Failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 26.66).



GOLD
Spinning top day. Midpoint above EMA(10). Holding above its 61.8% retrace (1600.40). Tested and held SMA(55). No daily 3LB changes (reversal is 1559.40). Must have the precious.



EURUSD
Bullish long day (didn't confirm bearish engulfing). Midpoint above EMA(10). Holding above SMA(21). Tested and failed its 38.2% minor retrace (1.2710). New high on daily 3LB (reversal is 1.2556).



JNK
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55,144). Tested and held its 61.8% retrace (38.86). Daily 3LB reversal up (reversal is 37.59).



10YR YIELD
Bullish short day. Failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (14.71). No daily 3LB changes (reversal is 17.65).



WTI
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (85.75). No dally 3LB changes (reversal is 86.83).



SILVER
Bearish short day. Tested and failed SMA(21). Midpoint at EMA(10). Failing its 61.8% minor retrace (30.00). No daily 3LB changes (reversal is 27.20).



BKX
Bullish long day. Midpoint above EMA(10). Holding above SMA(144). Holding above its 50.0% retrace (43.76). New high on daily 3LB (reversal is 43.61).



HYG/LQD
Bullish short day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7643). New high on daily 3LB (reversal is 0.7632).



COPPER
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 61.8% minor retrace (3.423). New high on daily 3LB (reversal is 3.307).



AAPL
Bullish short day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 50.0% minor retrace (577.84). New high on daily 3LB (reversal is 572.27).



EURCHF
Bearish long day. Midpoint above EMA(10). Failing its 50.0% retrace (1.2233). Tested and failed SMA(144,89,55,21). Tested and failed peg (1.2000). No daily 3LB changes (reversal is 1.1910).



XRT
Bullish short day. Midpoint above EMA(10). Holding above SMA(21). Tested and failed its 38.2% minor retrace (59.15). Daily 3LB reversal up (reversal is 56.50).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

Disclosure/Warning

This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.