AmenRa's Corner 3/7/13

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed the 0.0% retrace (1545.25). New high on daily 3LB (reversal is 1525.20). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Bearish long day (also bearish harami). Midpoint above EMA(10). Tested and failed the 38.2% minor retrace (82.46). Still above all SMA's. No dally 3LB changes (reversal is 81.89).



VIX
Bearish short day. Midpoint below EMA(10). Still below all SMA's. Still failing its 61.8% minor retrace (17.12). New low on daily 3LB (reversal is 15.22).



GOLD
Bearish short day. Midpoint below EMA(10). Still failing its 61.8% retrace (1609.30). Still failing all SMA's. No daily 3LB changes (reversal is 1615.50). Must have the precious.



EURUSD
Bullish long day. Midpoint below EMA(10). Tested and held SMA(144). Still failing its 38.2% retrace (1.3138). No daily 3LB changes (reversal is 1.3122).



JNK
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(55). Holding above its 38.2% minor retrace (40.58). No daily 3LB changes (reversal is 40.55).



10YR YIELD
Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (19.37). No daily 3LB changes (reversal is 20.19).



WTI
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 50.0% minor retrace (91.38). No dally 3LB changes (reversal is 92.63).



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



BKX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (55.79). New high on daily 3LB (reversal is 53.02).



HYG/LQD
Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7765). New high on daily 3LB (reversal is 0.7769).



COPPER
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.549).



AAPL
Bullish 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 450.50).



CCI
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 50.0% retrace (547.13). No daily 3LB changes (reversal is 553.37).

IT HAS BEGUN. YOU HAVE BEEN WARNED.