Amenra's Corner 3/18/13




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bearish short day (confirmed bearish harami). Midpoint above EMA(10). Still above all SMA's. Now failing the 0.0% retrace (1563.32). No daily 3LB changes (reversal is 1544.26). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 38.2% minor retrace (82.46). Still above all SMA's. No dally 3LB changes (reversal is 82.92).



VIX
Spinning top day. Midpoint above EMA(10). Still below all SMA's. Tested and held its 0.0% retrace (11.50). Daily 3LB reversal up (reversal is 11.30).



GOLD
Bullish short day. Midpoint above EMA(10). Tested and failed its 61.8% retrace (1609.30). Tested and held SMA(21). No daily 3LB changes (reversal is 1615.50). Must have the precious.



EURUSD
Bearish short day. Midpoint below EMA(10). Now below all SMA's. Still failing its 38.2% retrace (1.31345). New low on daily 3LB (reversal is 1.3027).



JNK
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (40.58). New high on daily 3LB (reversal is 41.02).



10YR YIELD
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 61.8% minor retrace (19.37). No daily 3LB changes (reversal is 18.53).



WTI
Bullish short day. Tested and held SMA(144). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (93.12). New high on dally 3LB (reversal is 91.05).



SILVER
Bearish short day. Tested and failed SMA(21). Midpoint below EMA(10). Still failing its 61.8% minor retrace (30.25). No daily 3LB changes (reversal is 29.49).



BKX
Hanging man day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 0.0% retrace (57.33). No daily 3LB changes (reversal is 56.59).



HYG/LQD
Doji day. Tested and held SMA(21,55). Midpoint below EMA(10). Tested and failed its 38.2% retrace (0.7907). No daily 3LB changes (reversal is 0.7783).



COPPER
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 61.8% minor retrace (3.443). Daily 3LB reversal down (reversal is 3.555).



AAPL
Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Still failing its 61.8% retrace (463.72). Still failing BB(2,200). Daily 3LB reversal up (reversal is 420.05).



CCI
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(233). Tested and failed its 38.2% retrace (557.71). Daily 3LB reversal down (reversal is 556.38).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

4 comments:

AmenRa said...

UST's down, WTI down, EURUSD down, DXY up and yet SPX/Dow higher? No mas.

AmenRa said...

...and it's gone.

AmenRa said...

I saw a video of a canary flying into a Cypriot bank. It died.

If if can happen to their depositors it can happen anywhere. Just sayin'

AmenRa said...

New.

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