AmenRa's Corner 6/12/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish long day. Midpoint above EMA(10). Still above all SMA's. Still failing 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
Bearish long day. Midpoint above EMA(10). Holding above the 38.2% retrace (80.33). Still above all SMA's. No dally 3LB changes (reversal is 80.55).

VIX
Bullish long day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (11.50). Daily 3LB reversal up (reversal is 10.73).

GOLD
Bullish long day. Midpoint above EMA(10). Still failing its 61.8% minor retrace (1316.10). Tested and held SMA(21). New high on daily 3LB (reversal is 1244.00). Must have the precious.

EURUSD
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% retrace (1.3749). No daily 3LB changes (reversal is 1.3593).

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 41.29).

10YR YIELD
Bearish engulfing day. Tested and failed SMA(55). Midpoint above EMA(10). Holding above its 50.0% retrace (24.92). No daily 3LB changes (reversal is 24.38).

WTI
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Holding above its 50.0% retrace (103.49). New high on dally 3LB (reversal is 104.07).

SILVER
Bullish long day. Tested and held SMA(21,55). Midpoint above EMA(10). Holding above its 0.0% retrace (18.60). New high on daily 3LB (reversal is 19.01).

BKX
Bearish short 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
Spinning top day. Tested and failed SMA(89). Midpoint above EMA(10). Tested and failed its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.7915).

COPPER
Bearish long day. Midpoint below EMA(10). Now failing all SMA's. Still failing its 61.8% minor retrace (3.132). No daily 3LB changes (reversal is 3.336).

QQQ
Bearish long day. Midpoint above EMA(10). Tested and held SMA(144). Tested and failed its 0.0% retrace (92.82). No daily 3LB changes (reversal is 91.52).

GSCI
Bullish long day (after gap higher). Midpoint above EMA(10). Now above all SMA's. Tested and held its 50.0% minor retrace (33.69). Daily 3LB reversal up (reversal is 32.90).

IWM
Bearish short day. 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.