AmenRa's Corner 4/8/13




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish long day. Midpoint below EMA(10). Tested and held SMA(21). Still failing the 0.0% retrace (1570.57). No daily 3LB changes (reversal is 1570.25). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Bullish short day. Midpoint below EMA(10). Holding above the 38.2% minor retrace (82.46). Tested and held SMA(21). No dally 3LB changes (reversal is 82.13).



VIX
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(55). Holding above its 0.0% retrace (11.50). No daily 3LB changes (reversal is 11.30).



GOLD
Bearish short day. Midpoint below EMA(10). Still failing its 61.8% retrace (1610.90). Still failing all SMA's. No daily 3LB changes (reversal is 1579.60). Must have the precious.



EURUSD
Spinning top day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 61.8% minor retrace (1.2770). No daily 3LB changes (reversal is 1.2782).



JNK
Bullish short day (confirmed bullish piercing - barely). Midpoint below EMA(10). Tested and held SMA(55,89). Holding above its 38.2% minor retrace (40.58). No daily 3LB changes (reversal is 41.01).



10YR YIELD
Bullish harami 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 short day. Tested and held SMA(144,233). Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (93.72). No dally 3LB changes (reversal is 96.58).



SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 100.0% retrace (26.91). No daily 3LB changes (reversal is 27.95).



BKX
Bullish long day. Midpoint below EMA(10). Tested and held SMA(55). Still failing its 0.0% retrace (57.33). No daily 3LB changes (reversal is 56.28).



HYG/LQD
Bearish short day (didn't confirm hammer). Still failing SMA(89). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (0.7765). No daily 3LB changes (reversal is 0.7831).



COPPER
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 50.0% minor retrace (3.381). No daily 3LB changes (reversal is 3.405).



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 461.91).



CCI
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 50.0% retrace (547.13). No daily 3LB changes (reversal is 548.32).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

3 comments:

AmenRa said...

SPX intraday high still holding...

AmenRa said...

XLY & XLP both hitting new highs. Weird.

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.