AmenRa's Corner 5/3/13

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1598.60). New high on daily 3LB (reversal is 1593.61). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.



DXY
Spinning top day. Midpoint below EMA(10). Tested and held the 50.0% minor retrace (81.99). Tested and failed SMA(21,55). No dally 3LB changes (reversal is 81.65).



VIX
Spinning top day (after gap lower). Midpoint below EMA(10). Now failing all SMA's. Still failing its 61.8% minor retrace (16.45). Daily 3LB reversal down (reversal is 17.55).



GOLD
Doji day. Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (1485.10). Tested and held SMA(21). No daily 3LB changes (reversal is 1586.70). Must have the precious.



EURUSD
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21,55,144). Tested and failed its 38.2% retrace (1.3145). No daily 3LB changes (reversal is 1.2995).



JNK
Doji day (evening star forming?). Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (41.77). No daily 3LB changes (reversal is 41.75).



10YR YIELD
Bullish LONG day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 38.2% minor retrace (17.47). Daily 3LB reversal up (reversal is 16.30).



WTI
Bullish long day. Tested and held SMA(89). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (94.01). New high on dally 3LB (reversal is 89.00).



SILVER
Doji day (confirmed bullish harami). Still failing all SMA's. Midpoint above EMA(10). Holding above its 0.0% retrace (22.55). No daily 3LB changes (reversal is 22.86).



BKX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (53.87). New high on daily 3LB (reversal is 54.03).



HYG/LQD
Bullish long 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 0.7752).



COPPER
Bullish LONG day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 0.0% retrace (3.102). Daily 3LB reversal up (reversal is 3.080).



AAPL
Spinning top day. Holding above SMA(55). Midpoint above EMA(10). Holding above its 38.2% minor retrace (406.99). Still failing BB(2,200). New high on daily 3LB (reversal is 430.12).



GSCI
Doji day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 61.8% minor retrace (31.04). No daily 3LB changes (reversal is 31.56).

IT HAS BEGUN. YOU HAVE BEEN WARNED.