AmenRa's Corner 5/14/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish long day (evening star formed?). Midpoint above EMA(10). Still above all SMA'a. Tested and failed the 0.0% retrace (1897.28). No daily 3LB changes (reversal is 1815.69). Still failing lower trend line and RSI(14) above 50.

DXY
Bearish short day (bearish harami?). Midpoint above EMA(10). Still failing the 38.2% retrace (80.33). Tested and failed SMA(89). No dally 3LB changes (reversal is 79.41).

VIX
Bearish short 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 21.44).

GOLD
Bullish short day. Midpoint above EMA(10). Still failing its 61.8% minor retrace (1316.10). Tested and held SMA(21,89,233). No daily 3LB changes (reversal is 1309.30). Must have the precious.

EURUSD
Doji day (bullish harami?). Midpoint below EMA(10). Tested and held SMA(144). Still failing its 61.8% retrace (1.3749). No daily 3LB changes (reversal is 1.3932).

JNK
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (40.97). New high on daily 3LB (reversal is 41.35).

10YR YIELD
Bearish short day. Now failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% retrace (27.41). Daily 3LB reversal down (reversal is 26.56).

WTI
Bullish short day. Now above all SMA's. Midpoint above EMA(10). Holding above its 38.2% retrace (99.10). No dally 3LB changes (reversal is 103.73).

SILVER
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (18.58). Daily 3LB reversal up (reversal is 19.12).

BKX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21,144). Holding above its 38.2% minor retrace (67.42). No daily 3LB changes (reversal is 67.13).

HYG/LQD
Spinning top day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 38.2% retrace (0.7907). New low on daily 3LB (reversal is 0.8043).

COPPER
Bullish long day. Midpoint above EMA(10). Tested and held SMA(144,233). Tested and held its 61.8% minor retrace (3.132). No daily 3LB changes (reversal is 3.336).

QQQ
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(55,89). Holding above its 38.2% minor retrace (87.07). No daily 3LB changes (reversal is 86.48).

GSCI
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed its 38.2% minor retrace (33.48). New high on daily 3LB (reversal is 33.00).

IWM
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed its 50.0% minor retrace (110.76). No daily 3LB changes (reversal is 114.62).

IT HAS BEGUN. YOU HAVE BEEN WARNED.