BLS - BEA - CB
Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1509.94). New high on daily 3LB (reversal is 1494.82). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.
Spinning top day. Midpoint below EMA(10). Still failing the 38.2% retrace (79.97). Still failing all SMA's. New low on dally 3LB (reversal is 80.61).
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Holding above its 0.0% retrace (12.29). No daily 3LB changes (reversal is 12.43).
Spinning top day. Midpoint below EMA(10). Tested and failed its 50.0% retrace (1670.30). Tested and failed SMA(21,233). No daily 3LB changes (reversal is 1695.70). Must have the precious.
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 50.0% retrace (1.3436). New high on daily 3LB (reversal is 1.3491).
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 100.0% retrace (40.86). New low on daily 3LB (reversal is 41.23).
Doji day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 61.8% minor retrace (19.37). New high on daily 3LB (reversal is 19.73).
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Still failing its 38.2% retrace (98.18). No dally 3LB changes (reversal is 96.04).
Bullish short day. Tested and held SMA(144). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (31.30). No daily 3LB changes (reversal is 29.67).
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 100.0% retrace (54.29). New high on daily 3LB (reversal is 53.91).
Bullish long day. Tested and held SMA(21). Midpoint below EMA(10). Still failing its 38.2% retrace (0.7907). No daily 3LB changes (reversal is 0.7852).
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (3.681). New high on daily 3LB (reversal is 3.605).
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% retrace (463.72). Still failing BB(2,200). No daily 3LB changes (reversal is 501.75).
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 61.8% minor retrace (570.80). New high on daily 3LB (reversal is 561.75).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
2 comments:
Weekly 3LB Update 2/1/13
http://globaleconomicanalysis.blogspot.com/2013/02/obamacare-in-action-retail-workweek.html?#echocomments
"The fly in the ointment of January's jobs report was the apparent shift to part-time work ahead of a key ObamaCare deadline.
Although retail payrolls grew by 32,600, total hours worked in the industry dipped, Labor Department data out Friday showed.
The explanation? Rank-and-file retail workers logged the shortest workweek since early 2010: just 30.1 hours, on average, vs. 30.4 in December.
Remarkably, aggregate hours worked in the retail sector fell below their January 2012 level, even though industry payrolls are up 200,000 over that period. A similar trend showed up in leisure and hospitality: January payrolls rose by 23,000 even as aggregate hours dipped 0.3%."
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