AmenRa's Corner 5/27/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1902.17). New high on daily 3LB (reversal is 1896.65). Still failing lower trend line and RSI(14) above 50.

DXY
Spinning top day. Midpoint above EMA(10). Tested and held the 38.2% retrace (80.33). Tested and held SMA(144). New high on dally 3LB (reversal is 80.11).

VIX
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and held its 0.0% retrace (11.50). No daily 3LB changes (reversal is 12.23).

GOLD
Bearish long day. Midpoint below EMA(10). Still failing its 61.8% minor retrace (1316.10). Tested and failed SMA(21,144). New low on daily 3LB (reversal is 1302.90). Must have the precious.

EURUSD
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% retrace (1.3749). No daily 3LB changes (reversal is 1.3696).

JNK
Spinning top 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 41.40).

10YR YIELD
Bearish short 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 short 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
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Holding above its 0.0% retrace (18.60). Daily 3LB reversal down (reversal is 19.77).

BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(144). 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). Now above all SMA's. Tested and held its 50.0% minor retrace (3.175). No daily 3LB changes (reversal is 3.336).

QQQ
Bullish long 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 88.84).

GSCI
Bullish short day. Midpoint below EMA(10). Tested and held SMA(144). Tested and failed its 38.2% minor retrace (33.48). Daily 3LB reversal down (reversal is 33.60).

IWM
Bullish long day. Midpoint above EMA(10). Tested and failed SMA(55). Tested and held its 38.2% minor retrace (112.63). New high on daily 3LB (reversal is 108.88).

IT HAS BEGUN. YOU HAVE BEEN WARNED.