AmenRa's Corner 3/8/13

In a secret room in the subbasement of 33 Liberty Street...
In brightest day, in blackest night,
No shorts shall escape my sight
Let those who worship the shorts might,
Beware my power, PPT's light!!!



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1545.78). New high on daily 3LB (reversal is 1539.79). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Bullish long day (didn't confirm bearish harami). Midpoint above EMA(10). Tested and held the 38.2% minor retrace (82.46). Still above all SMA's. New high on dally 3LB (reversal is 81.94).



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 14.01).



GOLD
Doji 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
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed its 38.2% retrace (1.3138). No daily 3LB changes (reversal is 1.3122).



JNK
Spinning top 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. Now above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (19.37). Daily 3LB reversal up (reversal is 18.53).



WTI
Bullish short 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
Spinning top 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
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (56.31). New high on daily 3LB (reversal is 53.87).



HYG/LQD
Doji day. Now above all SMA's. Midpoint above EMA(10). Tested and held its 38.2% retrace (0.7907). New high on daily 3LB (reversal is 0.7783).



COPPER
Spinning top 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 above EMA(10). Still failing all SMA's. Holding above its 50.0% retrace (547.13). No daily 3LB changes (reversal is 553.37).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

Weekly 3LB Update 3/8/13

AmenRa said...

NFP 236k
Private 246k
LFPR 63.5 -0.1
U3 7.7% -0.2%
U6 14.3% -0.1%
27 wks 4797 +89k
Part time 18908 +444k
Temp help 16.0 from -3.0
Wkly hrs 34.5 +0.1
B/D 102k

AmenRa said...

My current view on the market:


Here We Go Again - Isley Brothers

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