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 (1524.69). New high on daily 3LB (reversal is 1519.43). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.
DXY
Bearish short day. Midpoint above EMA(10). Holding above the 38.2% retrace (79.97). Holding above SMA(144). No dally 3LB changes (reversal is 79.21).
VIX
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (12.29). Daily 3LB reversal down (reversal is 14.67).
GOLD
Bearish short day. Midpoint below EMA(10). Tested and failed its 61.8% retrace (1609.30). Still failing all SMA's. New low on daily 3LB (reversal is 1645.10). Must have the precious.
EURUSD
Bullish short day. Midpoint below EMA(10). Still failing SMA(21). Still failing its 50.0% retrace (1.3436). No daily 3LB changes (reversal is 1.3578).
JNK
Bullish short day. Midpoint above EMA(10). Holding above SMA(89). Holding above its 38.2% minor retrace (40.58). No daily 3LB changes (reversal is 40.82).
10YR YIELD
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (19.37). New high on daily 3LB (reversal is 19.46).
WTI
Bullish short day. Tested and failed SMA(21). Midpoint below EMA(10). Still failing its 38.2% retrace (98.18). No dally 3LB changes (reversal is 98.53).
SILVER
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (30.25). Daily 3LB reversal down (reversal is 32.44).
BKX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Still failing its 0.0% retrace (55.79). No daily 3LB changes (reversal is 54.90).
HYG/LQD
Spinning top day. Tested and failed SMA(21). Midpoint below EMA(10). Still failing its 38.2% retrace (0.7907). No daily 3LB changes (reversal is 0.7782).
COPPER
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21,55). Tested and failed its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.605).
AAPL
Spinning top day. Now failing all SMA's. Midpoint below EMA(10). Tested and failed its 61.8% retrace (463.72). Still failing BB(2,200). No daily 3LB changes (reversal is 501.75).
CCI
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(233). Tested and failed its 38.2% retrace (557.71). New low on daily 3LB (reversal is 561.00).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
3 comments:
A NJ casino files for bankruptcy and horse meat is being found in processed foods worldwide. What is the world coming to?
Laugh of the day: http://finance.yahoo.com/blogs/breakout/critics-damned-bernanke-getting-munson-141630347.html?l=1
Critics Be Damned, Bernanke Is Getting it Right: Munson
New post up.
Post a Comment