AmenRa's Corner 6/18/14

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 (1955.55). New high on daily 3LB (reversal is 1940.46). 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 failed SMA(21). New low on dally 3LB (reversal is 80.81).

VIX
Bearish long day (confirmed bearish engulfing). Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 0.0% retrace (11.50). Daily 3LB reversal down (reversal is 12.65).

GOLD
Doji day. Midpoint above EMA(10). Still failing its 61.8% minor retrace (1316.10). Tested and failed SMA(144). No daily 3LB changes (reversal is 1261.20). Must have the precious.

EURUSD
Bullish short day. Midpoint below EMA(10). Tested and failed SMA(21). Still failing its 61.8% retrace (1.3750). No daily 3LB changes (reversal is 1.3597).

JNK
Bullish long 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 41.54).

10YR YIELD
Bearish long day. Tested and failed SMA(55,89). Midpoint above EMA(10). Holding above its 50.0% retrace (24.92). No daily 3LB changes (reversal is 25.02).

WTI
Bearish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 50.0% retrace (103.49). No dally 3LB changes (reversal is 103.86).

SILVER
Doji 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 19.65).

BKX
Bullish 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(89,144). Midpoint above EMA(10). Tested and held its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.7915).

COPPER
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(55,89). 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). Tested and failed its 0.0% retrace (93.02). New high on daily 3LB (reversal is 92.29).

GSCI
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (33.90). New high on daily 3LB (reversal is 33.89).

IWM
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (112.63). New high on daily 3LB (reversal is 115.88).

IT HAS BEGUN. YOU HAVE BEEN WARNED.