AmenRa's Corner 1/17/13

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish long 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 1472.12). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.

DXY
Bearish 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).

VIX
Spinning top 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).

GOLD
Bullish short day. Midpoint above EMA(10). Tested and held its 50.0% retrace (1670.30). Tested and held SMA(144). No daily 3LB changes (reversal is 1693.80). Must have the precious.

EURUSD
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (1.3138). New high on daily 3LB (reversal is 1.3069).

JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 100.0% retrace (40.86). New high on daily 3LB (reversal is 41.13).

10YR YIELD
Bullish long day. Now above all SMA's. Midpoint above EMA(10). Tested and held its 50.0% minor retrace (18.42). No daily 3LB changes (reversal is 19.14).

WTI
Bullish long day. Tested and held SMA(233). Midpoint above EMA(10). Holding above its 61.8% minor retrace (92.32). New high on dally 3LB (reversal is 94.26).

SILVER
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).

BKX
Spinning top 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).

HYG/LQD
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7765). New high on daily 3LB (reversal is 0.7801).

COPPER
Bullish short day. Midpoint below EMA(10). Tested and held SMA(21,89,233). Still failing its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.536).

AAPL
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% retrace (509.60). Still failing BB(2,200). No daily 3LB changes (reversal is 549.03).

CCI
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55). Holding above its 38.2% retrace (557.71). New high on daily 3LB (reversal is 560.57).

IT HAS BEGUN. YOU HAVE BEEN WARNED.