AmenRa's Corner 5/19/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish long day. Midpoint below EMA(10). Tested and held SMA(21). Still failing 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. Midpoint above EMA(10). Still failing the 38.2% retrace (80.33). Still failing SMA(89,144). No dally 3LB changes (reversal is 79.41).

VIX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 21.44).

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

EURUSD
Bullish short day. 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
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (40.97). No daily 3LB changes (reversal is 41.38).

10YR YIELD
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 50.0% retrace (24.92). No daily 3LB changes (reversal is 26.56).

WTI
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 38.2% retrace (99.10). No dally 3LB changes (reversal is 103.36).

SILVER
Bearish short day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 0.0% retrace (18.60). No daily 3LB changes (reversal is 19.12).

BKX
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 38.2% minor retrace (67.42). No daily 3LB changes (reversal is 68.98).

HYG/LQD
Doji day. Tested and failed SMA(21). Midpoint below EMA(10). Tested and held its 38.2% retrace (0.7907). No daily 3LB changes (reversal is 0.8014).

COPPER
Bullish long day. Midpoint above EMA(10). Tested and held SMA(233). Tested and failed its 50.0% minor retrace (3.175). No daily 3LB changes (reversal is 3.336).

QQQ
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55,89,144). Holding above its 38.2% minor retrace (87.07). New high on daily 3LB (reversal is 86.56).

GSCI
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed its 38.2% minor retrace (33.48). No daily 3LB changes (reversal is 33.00).

IWM
Bullish long day. Midpoint below EMA(10). Tested and held SMA(144). Tested and failed its 50.0% minor retrace (110.76). No daily 3LB changes (reversal is 111.96).

IT HAS BEGUN. YOU HAVE BEEN WARNED.