AmenRa's Corner 5/22/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish short day. Midpoint above EMA(10). Now above all SMA's. 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
Bullish long day. Midpoint above EMA(10). Still failing the 38.2% retrace (80.33). Tested and held SMA(89). New high on dally 3LB (reversal is 79.87).

VIX
Bullish harami 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 18.41).

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

EURUSD
Bearish long day. Midpoint below EMA(10). Now failing all SMA's. Still failing its 61.8% retrace (1.3749). New low on daily 3LB (reversal is 1.3697).

JNK
Doji 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
Doji day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 50.0% retrace (24.92). No daily 3LB changes (reversal is 26.56).

WTI
Bearish harami day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 50.0% retrace (103.49). No dally 3LB changes (reversal is 96.43).

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

BKX
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 38.2% minor retrace (67.42). No daily 3LB changes (reversal is 68.98).

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

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

QQQ
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (87.07). New high on daily 3LB (reversal is 88.29).

GSCI
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (33.48). No daily 3LB changes (reversal is 33.39).

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

IT HAS BEGUN. YOU HAVE BEEN WARNED.