Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
Doji day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1470.96). New high on daily 3LB (reversal is 1466.47). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.
Bullish short day. Midpoint below EMA(10). Still failing the 38.2% retrace (79.97). Tested and failed SMA(21). No dally 3LB changes (reversal is 79.25).
Bearish short day. Midpoint below EMA(10). Still below all SMA's. Still failing its 100.0% retrace (14.27). No daily 3LB changes (reversal is 13.79).
Bullish short day. Midpoint above EMA(10). Tested and held its 50.0% retrace (1670.30). Tested and failed SMA(144). No daily 3LB changes (reversal is 1693.80). Must have the precious.
Spinning top day (evening star confirmed). Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (1.3138). No daily 3LB changes (reversal is 1.3062).
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 100.0% retrace (40.86). No daily 3LB changes (reversal is 41.08).
Bearish short day. Tested and held SMA(21). Midpoint below EMA(10). Still failing its 50.0% minor retrace (18.42). Daily 3LB reversal down (reversal is 19.14).
Bullish short day. Holding above SMA(21,55,89,144). Midpoint above EMA(10). Holding above its 61.8% minor retrace (92.32). New high on dally 3LB (reversal is 93.19).
Bullish short day. Tested and held SMA(144,233). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (31.30). No daily 3LB changes (reversal is 32.28).
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (50.92). No daily 3LB changes (reversal is 51.60).
Doji day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7765). No daily 3LB changes (reversal is 0.7796).
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(233). Still failing its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.536).
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 50.0% retrace (509.60). Still failing BB(2,200). No daily 3LB changes (reversal is 549.03).
Bullish short day. Midpoint above EMA(10). Holding above SMA(21,233). Holding above its 38.2% retrace (557.71). New high on daily 3LB (reversal is 556.40).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
5 comments:
stopped for groceries at Kroger on the way home...amazing...I think Obama has awakened the sleeping public...I heard the word dictator used in the check out line at least 4 times...
...and these were for the most part women..no joke...
I see the phony drop in Initial Claims will be the only way for the SPX to break through the previous high. But Initial Claims (nsa) numbers had a huge gain.
Philly Fed -5.8, consensus 7.1, previous 8.1
I guess that means the Fed is still going to keep rates at virtually 0% and is good for the market. Odd that the algos didn't sell off.
Correction. The algos did sell off but someone pulled the plug to stop them (snark).
New.
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