AmenRa's Corner 1/29/14

Posted by AmenRa on Wednesday, January 29, 2014 /



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and failed the 38.2% minor retrace (1776.92). New low on daily 3LB (reversal is 1826.77). Still failing lower trend line and RSI(14) below 50.



DXY
Spinning top day. Midpoint below EMA(10). Holding above the 38.2% retrace (80.33). Tested and failed SMA(21,55). No dally 3LB changes (reversal is 81.19).



VIX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 50.0% minor retrace (17.98). No daily 3LB changes (reversal is 12.14).



GOLD
Spinning top day. Midpoint above EMA(10). Holding above its 0.0% retrace (1208.20). Still failing SMA(89). No daily 3LB changes (reversal is 1193.60). Must have the precious.



EURUSD
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Still failing its 61.8% retrace (1.3750). No daily 3LB changes (reversal is 1.3529).



JNK
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and held its 50.0% minor retrace (40.70). No daily 3LB changes (reversal is 40.95).



10YR YIELD
Bearish long day. Tested and failed SMA(144). Midpoint below EMA(10). Tested and failed its 61.8% retrace (27.41). New low on daily 3LB (reversal is 28.25).



WTI
Spinning top day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 61.8% minor retrace (94.54). No dally 3LB changes (reversal is 94.97).



SILVER
Gravestone doji day. Tested and failed SMA(21,55). Midpoint below EMA(10). Holding above its 0.0% retrace (18.54). No daily 3LB changes (reversal is 19.29).



BKX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 0.0% retrace (71.27). New low on daily 3LB (reversal is 70.23).



HYG/LQD
Bullish long day. Tested and held SMA(233). Midpoint below EMA(10). Still failing its 61.8% retrace (0.8137). No daily 3LB changes (reversal is 0.8218).



COPPER
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and held its 50.0% minor retrace (3.239). No daily 3LB changes (reversal is 3.039).



AAPL
Bearish short day (gap is now resistance). Tested and failed SMA(144). Midpoint below EMA(10). Still failing its 50.0% retrace (509.60). Still above BB(2,200) upper bound. New low on daily 3LB (reversal is 557.36).



GSCI
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55). Tested and held its 38.2% retrace (31.71). New high on daily 3LB (reversal is 31.00).



IWM
Bearish short day (didn't confirm bullish harami). Midpoint below EMA(10). Tested and held SMA(89). Tested and held its 38.2% minor retrace (111.06). New low on daily 3LB (reversal is 116.62).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

1 comments:

AmenRa said...

New.

January 30, 2014 at 9:05 PM

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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.