AmenRa's Corner 4/16/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Still failing the 0.0% retrace (1893.17). No daily 3LB changes (reversal is 1890.90). Still failing lower trend line and RSI(14) back above 50.

DXY
Bullish short day. Midpoint below EMA(10). Still failing the 38.2% retrace (80.33). Still failing all SMA's. No dally 3LB changes (reversal is 80.22).

VIX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21,55,89,144). Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 12.48).

GOLD
Spinning top day. Midpoint below EMA(10). Still failing its 61.8% minor retrace (1316.10). Tested and failed SMA(233). No daily 3LB changes (reversal is 1327.50). Must have the precious.

EURUSD
Bullish short day. Midpoint below EMA(10). Tested and held SMA(21). Holding above its 61.8% retrace (1.3749). No daily 3LB changes (reversal is 1.3712).

JNK
Bullish short day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 38.2% minor retrace (40.97). No daily 3LB changes (reversal is 41.32).

10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% retrace (27.41). No daily 3LB changes (reversal is 28.03).

WTI
Doji day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 50.0% retrace (104.21). No dally 3LB changes (reversal is 104.46).

SILVER
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (18.58). No daily 3LB changes (reversal is 20.09).

BKX
Doji day. Midpoint below EMA(10). Tested and failed SMA(89). Still failing its 0.0% retrace (73.20). No daily 3LB changes (reversal is 72.91).

HYG/LQD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.8042).

COPPER
Bullish short day. Midpoint below EMA(10). Tested and held SMA(21). Tested and held its 0.0% retrace (3.025). No daily 3LB changes (reversal is 3.367).

QQQ
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 50.0% minor retrace (85.76). No daily 3LB changes (reversal is 86.37).

GSCI
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 50.0% minor retrace (33.69). New high on daily 3LB (reversal is 33.23).

IWM
Bullish short day. Midpoint below EMA(10). Still failing SMA(21,55,89,144). Holding above its 50.0% minor retrace (110.76). No daily 3LB changes (reversal is 114.40).

IT HAS BEGUN. YOU HAVE BEEN WARNED.