AmenRa's Corner 2/20/14




Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Holding above the 38.2% minor retrace (1776.92). No daily 3LB changes (reversal is 1819.75). Still failing lower trend line and RSI(14) above 50.



DXY
Spinning top day. Midpoint below EMA(10). Tested and failed the 38.2% retrace (80.33). Still failing all SMA's. No dally 3LB changes (reversal is 80.48).



VIX
Bearish short day. Midpoint below EMA(10). Tested and held SMA(55). Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 12.48).



GOLD
Bullish short day. Midpoint above EMA(10). Tested and held its 61.8% minor retrace (1316.10). Holding above SMA(21,55,89,144). No daily 3LB changes (reversal is 1295.00). Must have the precious.



EURUSD
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 61.8% retrace (1.3750). No daily 3LB changes (reversal is 1.3484).



JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (40.97). New high on daily 3LB (reversal is 40.88).



10YR YIELD
Bullish short day. Tested and held SMA(144). Midpoint above EMA(10). Tested and held its 61.8% retrace (27.41). No daily 3LB changes (reversal is 25.81).



WTI
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (99.95). No dally 3LB changes (reversal is 99.89).



SILVER
Bullish short day. Tested and failed SMA(233). Midpoint above EMA(10). Holding above its 0.0% retrace (18.54). No daily 3LB changes (reversal is 20.35).



BKX
Bullish short day. Midpoint below EMA(10). Tested and held SMA(89). Holding above its 38.2% minor retrace (65.78). No daily 3LB changes (reversal is 67.33).



HYG/LQD
Bullish short day. Tested and failed SMA(55). Midpoint above EMA(10). Holding above its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.7925).



COPPER
Spinning top day. Midpoint above EMA(10). Tested and held SMA(89,144). Tested and failed its 38.2% minor retrace (3.282). No daily 3LB changes (reversal is 3.039).



AAPL
Bearish short day. Tested and failed SMA(89). Midpoint below EMA(10). Holding above its 50.0% retrace (509.60). Still above BB(2,200) upper bound. No daily 3LB changes (reversal is 546.39).



GSCI
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (32.81). New high on daily 3LB (reversal is 32.49).



IWM
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (111.06). New high on daily 3LB (reversal is 113.90).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

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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.