AmenRa's Corner 6/16/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bullish short 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 below EMA(10). Holding above the 38.2% retrace (80.33). Tested and held SMA(21). Dally 3LB reversal down (reversal is 80.81).

VIX
Doji day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 0.0% retrace (11.50). New high on daily 3LB (reversal is 10.73).

GOLD
Spinning top day. Midpoint above EMA(10). Still failing its 61.8% minor retrace (1316.10). Tested and failed SMA(144). New high on daily 3LB (reversal is 1261.20). Must have the precious.

EURUSD
Bullish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% retrace (1.3750). No daily 3LB changes (reversal is 1.3597).

JNK
Bullish short 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 41.31).

10YR YIELD
Bullish short day. Holding above SMA(21). Midpoint below EMA(10). Holding above its 50.0% retrace (24.92). No daily 3LB changes (reversal is 24.38).

WTI
Doji day. Still above all SMA's. Midpoint above EMA(10). Holding above its 50.0% retrace (103.49). No dally 3LB changes (reversal is 104.35).

SILVER
Spinning top day. Holding above SMA(21,55). Midpoint above EMA(10). Holding above its 0.0% retrace (18.60). New high on daily 3LB (reversal is 19.17).

BKX
Bearish short day. Midpoint below 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. Holding above SMA(21,55). Midpoint below EMA(10). Tested and failed its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.7915).

COPPER
Bullish long day. Midpoint below EMA(10). Still failing all SMA's. 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). Tested and held SMA(144). Still failing its 0.0% retrace (92.82). No daily 3LB changes (reversal is 91.52).

GSCI
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 61.8% minor retrace (33.90). New high on daily 3LB (reversal is 32.90).

IWM
Bullish 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.