AmenRa's Corner 4/24/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Still failing the 0.0% retrace (1893.17). No daily 3LB changes (reversal is 1890.90). Still failing lower trend line and RSI(14) above 50.

DXY
Bearish short day. Midpoint below EMA(10). Still failing the 38.2% retrace (80.33). Tested and failed SMA(21). No dally 3LB changes (reversal is 80.22).

VIX
Doji day. Midpoint below EMA(10). Still failing all SMA's. 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 held SMA(89,144). No daily 3LB changes (reversal is 1300.30). Must have the precious.

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

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

10YR YIELD
Bearish short day. Tested and failed SMA(21,55). Midpoint above EMA(10). Still failing its 61.8% retrace (27.41). No daily 3LB changes (reversal is 28.03).

WTI
Bullish short day. Tested and held SMA(21). Midpoint below EMA(10). Still failing its 50.0% retrace (104.21). No dally 3LB changes (reversal is 103.73).

SILVER
Bullish short day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 0.0% retrace (18.58). No daily 3LB changes (reversal is 20.09).

BKX
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(55,89). Still failing its 0.0% retrace (73.20). No daily 3LB changes (reversal is 72.91).

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

COPPER
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55). Holding above its 0.0% retrace (3.025). No daily 3LB changes (reversal is 3.367).

QQQ
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and held its 38.2% minor retrace (87.07). New high on daily 3LB (reversal is 85.10).

GSCI
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 50.0% minor retrace (33.69). No daily 3LB changes (reversal is 33.69).

IWM
Bearish short day (weak confirmation of bearish harami). Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 38.2% minor retrace (112.63). No daily 3LB changes (reversal is 110.41).

IT HAS BEGUN. YOU HAVE BEEN WARNED.