AmenRa's Corner 6/10/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1949.44). No daily 3LB changes (reversal is 1927.88). Still failing lower trend line and RSI(14) above 50.

DXY
Bullish long day. Midpoint above EMA(10). Holding above the 38.2% retrace (80.33). Still above all SMA's. New high on dally 3LB (reversal is 80.55).

VIX
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 0.0% retrace (11.50). No daily 3LB changes (reversal is 12.13).

GOLD
Bullish short day. Midpoint below EMA(10). Still failing its 61.8% minor retrace (1316.10). Still failing all SMA's. No daily 3LB changes (reversal is 1260.10). 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 1.3626).

JNK
Bullish 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 41.29).

10YR YIELD
Spinning top day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 50.0% retrace (24.92). Daily 3LB reversal up (reversal is 24.38).

WTI
Spinning top day. Now above all SMA's. Midpoint above EMA(10). Holding above its 50.0% retrace (103.49). No dally 3LB changes (reversal is 98.47).

SILVER
Bullish short day. Tested and failed SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (18.60). Daily 3LB reversal up (reversal is 18.69).

BKX
Doji day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (67.42). No daily 3LB changes (reversal is 69.55).

HYG/LQD
Doji day. Tested and failed SMA(89). Midpoint above EMA(10). Tested and held its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.7915).

COPPER
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing 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. Tested and held its 0.0% retrace (92.82). New high on daily 3LB (reversal is 91.52).

GSCI
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 61.8% minor retrace (32.81). No daily 3LB changes (reversal is 33.34).

IWM
Doji day (bearish harami?). Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (112.63). No daily 3LB changes (reversal is 113.58).

IT HAS BEGUN. YOU HAVE BEEN WARNED.