AmenRa's Corner 4/16/13




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish long day. Midpoint below EMA(10). Tested and held SMA(21). Tested and held the 38.2% minor retrace (1554.55). No daily 3LB changes (reversal is 1593.37). QE2infinity. Still below 2 of 3 trend lines and RSI(14) back above 50.



DXY
Bearish long day. Midpoint below EMA(10). Tested and failed the 50.0% minor retrace (81.99). Tested and held SMA(55). New low on dally 3LB (reversal is 83.18).



VIX
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and failed its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 11.56).



GOLD
Bullish thrusting day. Midpoint below EMA(10). Still failing its 100.0% retrace (1407.40). Still failing all SMA's. No daily 3LB changes (reversal is 1586.70). Must have the precious.



EURUSD
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55,89,144). Tested and held its 38.2% retrace (1.3145). New high on daily 3LB (reversal is 1.3019).



JNK
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 38.2% minor retrace (40.58). New high on daily 3LB (reversal is 40.92).



10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 18.39).



WTI
Bullish thrusting day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% minor retrace (90.37). No dally 3LB changes (reversal is 93.26).



SILVER
Bullish thrusting day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its new 0.0% retrace (22.55). No daily 3LB changes (reversal is 26.80).



BKX
Bullish harami day. Midpoint below EMA(10). Tested and held SMA(55). Still failing its 0.0% retrace (57.33). No daily 3LB changes (reversal is 54.68).



HYG/LQD
Bullish short day. Still failing SMA(89). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (0.7765). No daily 3LB changes (reversal is 0.7794).



COPPER
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% minor retrace (3.326). No daily 3LB changes (reversal is 3.441).



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 428.91).



CCI
Bullish harami day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% retrace (536.55). No daily 3LB changes (reversal is 548.41).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

Germany 10yr auction 1.28% previous 1.36%

AmenRa said...

Hmmm...looks like Cyprus will still get to vote on the austerity measures. Expecting comments that "the world wi end"or "you will be left out of the financial markets", etc to commence.

AmenRa said...

New.

Post a Comment

Disclosure/Warning

This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.