![](http://2.bp.blogspot.com/_XaPHRge5GtE/TA1i3jD0fbI/AAAAAAAACXU/7um2KdZN-CU/s320/eye+of+hurricane.gif)
Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
![](http://4.bp.blogspot.com/-dWWgeSKJiyA/UWSi-D3Y2UI/AAAAAAAAm50/I9GjLEJB-TA/s320/SPX_040913.png)
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed the 0.0% retrace (1573.66). No daily 3LB changes (reversal is 1570.25). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.
![](http://3.bp.blogspot.com/-aimlTGCMUqY/UWSjBNOoMUI/AAAAAAAAm58/hSBhefLFHOI/s320/DXY_040913.png)
Bearish long day. Midpoint below EMA(10). Tested and failed the 38.2% minor retrace (82.46). Tested and failed SMA(21). No dally 3LB changes (reversal is 82.13).
![](http://4.bp.blogspot.com/-8Bkvcjw4BfU/UWSjC5MbMkI/AAAAAAAAm6E/yMhfGMrLcGw/s320/VIX_040913.png)
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Holding above its 0.0% retrace (11.50). No daily 3LB changes (reversal is 11.30).
![](http://3.bp.blogspot.com/-_zPFMifPWZA/UWSjE0aWmEI/AAAAAAAAm6M/CH1tYsoV9jk/s320/GOLD_040913.png)
Bullish long day. Midpoint below EMA(10). Still failing its 61.8% retrace (1610.90). Still failing all SMA's. Daily 3LB reversal up (reversal is 1552.40). Must have the precious.
![](http://1.bp.blogspot.com/-oMV42uKmhSo/UWSjHBWZKJI/AAAAAAAAm6U/_7fFFET3h7o/s320/EURUSD_040913.png)
Bullish long day. Midpoint above EMA(10). Tested and held SMA(144). Holding above its 61.8% minor retrace (1.2770). New high on daily 3LB (reversal is 1.2865).
![](http://1.bp.blogspot.com/-G_sOL90fUQo/UWSjImVajpI/AAAAAAAAm6c/u89XEWypiks/s320/JNK_040913.png)
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 38.2% minor retrace (40.58). No daily 3LB changes (reversal is 41.01).
![](http://3.bp.blogspot.com/-AZNhmLOr4ZY/UWSjKZj-J_I/AAAAAAAAm6k/SuBVYLGL_Tg/s320/10YR_040913.png)
Spinning top day (confirmed bullish harami). Still failing all SMA's. Midpoint below EMA(10). Tested and held its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 18.39).
![](http://1.bp.blogspot.com/-yjFBM_wC_tc/UWSjMWj6u1I/AAAAAAAAm6s/QL9iEGqNodA/s320/WTI_040913.png)
Bullish short day. Tested and held SMA(89). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (93.72). No dally 3LB changes (reversal is 96.58).
![](http://1.bp.blogspot.com/-PRYM3dCOxAc/UWSjOgKpA9I/AAAAAAAAm60/dOd-lJGwv0o/s320/SILVER_040913.png)
Bullish long 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).
![](http://1.bp.blogspot.com/-YzdrV8S2SYM/UWSjQKCWZ2I/AAAAAAAAm68/-uPn7ZKbA9U/s320/BKX_040913.png)
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(21). Still failing its 0.0% retrace (57.33). No daily 3LB changes (reversal is 56.28).
![](http://3.bp.blogspot.com/-XFxQPDD7U9M/UWSjR2TJWlI/AAAAAAAAm7E/IIe86pmRW6I/s320/HYGLQD_040913.png)
Bullish short day. Still failing SMA(89). Midpoint below EMA(10). Holding above its 61.8% minor retrace (0.7765). No daily 3LB changes (reversal is 0.7831).
![](http://2.bp.blogspot.com/-4LuSVxNmezo/UWSjTnCnhZI/AAAAAAAAm7M/c980Zy84RVY/s320/COPPER_040913.png)
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 50.0% minor retrace (3.381). Daily 3LB reversal up (reversal is 3.333).
![](http://3.bp.blogspot.com/-lBKbW7L1kTI/UWSjVZWas_I/AAAAAAAAm7U/cmKkyJxvJK0/s320/AAPL_040913.png)
Spinning top 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).
![](http://4.bp.blogspot.com/-l9-MIzvhvE8/UWSjXJg6qmI/AAAAAAAAm7c/S9qPYEWzmn0/s320/CCI_040913.png)
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 50.0% retrace (547.13). Daily 3LB reversal up (reversal is 542.91).
![](http://2.bp.blogspot.com/_XaPHRge5GtE/TG3WyNDKDcI/AAAAAAAAD7s/oGqN2NTLwHY/s320/infinity_symbol.jpg)
IT HAS BEGUN. YOU HAVE BEEN WARNED.
4 comments:
http://www.bloomberg.com/news/2013-04-10/u-s-stock-futures-advance-before-budget-fed-minutes.html
U.S. Stocks Rise While Treasuries Drop After Fed Minutes
U.S. stocks rose, while Treasuries and commodities dropped after minutes from the Federal Reserve’s last meeting showed some policy makers said the central bank should begin tapering its bond buying program later this year and stop it by year end.
The Standard & Poor’s 500 Index (SPX) advanced 0.3 percent as of 9:31 a.m. in New York for a third day of gains. The 10-year Treasury yield rose three basis points to 1.78 percent. Gold retreated 0.6 percent, while oil and copper declined at least 0.3 percent. The yen fell to the weakest level versus the dollar since May 2009 as the Bank of Japan (8301) reiterated its stimulus program.
The Fed minutes are “a synopsis of what we’ve been hearing from policy makers,” Quincy Krosby, a market strategist for Newark, New Jersey-based Prudential Financial Inc., which oversees more than $1 trillion, said in a phone interview. “Yes, it’s worrisome, but it’s not a new worry. People have been registered over the past months.”
The members “thought that if the outlook for labor market conditions improved as anticipated, it would probably be appropriate to slow purchases later in the year and to stop them by year-end,” according to the record of the Federal Open Market Committee’s March 19-20 meeting released today in Washington. The Fed released the minutes ahead of the previously scheduled 2 p.m. time after they were mistakenly sent to some people yesterday afternoon.
Are we sure it was a mistake?
SPX finally breached its intraday high from 2007. The only problem is that it was done on little to no volume. But that holds true for all of the current market highs.
As the market celebrates all time highs in the SPX they should remember who made it all possible. So they'll be lining up to kiss Bernanke's ring "The Fiatfather".
New (I'm not going anywhere).
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