AmenRa's Corner 2/20/13

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish engulfing day. Midpoint above EMA(10). Still above all SMA's. Tested and failed the 0.0% retrace (1524.69). Daily 3LB reversal down (reversal is 1530.94). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Bullish long day. Midpoint above EMA(10). Holding above the 38.2% retrace (79.97). Tested and held SMA(144). New high on dally 3LB (reversal is 79.21).



VIX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 0.0% retrace (12.29). No daily 3LB changes (reversal is 14.67).



GOLD
Bearish long 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 1635.50). Must have the precious.



EURUSD
Bearish long day. Midpoint below EMA(10). Tested and failed failed SMA(21). Tested and failed its 50.0% retrace (1.3436). New low on daily 3LB (reversal is 1.3407).



JNK
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(21,55). Holding above its 38.2% minor retrace (40.58). No daily 3LB changes (reversal is 40.82).



10YR YIELD
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (19.37). No daily 3LB changes (reversal is 19.46).



WTI
Bearish long day. Tested and held SMA(233). Midpoint below EMA(10). Still failing its 38.2% retrace (98.77). New low on dally 3LB (reversal is 98.16).



SILVER
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% minor retrace (30.25). New low on daily 3LB (reversal is 32.44).



BKX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 0.0% retrace (55.79). Daily 3LB reversal down (reversal is 55.71).



HYG/LQD
Spinning top day. Tested and held SMA(21). Midpoint above 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(89,144). Tested and failed its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.605).



AAPL
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Now failing 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). Now failing all SMA's. Still failing its 38.2% retrace (557.71). New low on daily 3LB (reversal is 558.05).

IT HAS BEGUN. YOU HAVE BEEN WARNED.