AmenRa's Corner 6/2/14

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 (1924.03). New high on daily 3LB (reversal is 1911.91). 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 80.35).

VIX
Spinning top 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 short day. Midpoint below EMA(10). Still failing its 61.8% minor retrace (1316.10). Still failing all SMA's. New low on daily 3LB (reversal is 1260.10). Must have the precious.

EURUSD
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% retrace (1.3749). No daily 3LB changes (reversal is 1.3678).

JNK
Bearish long day (after gap lower). Midpoint below EMA(10). Tested and failed SMA(21). Holding above its 38.2% minor retrace (40.97). Daily 3LB reversal down (reversal is 41.53).

10YR YIELD
Bullish long day. Still failing all SMA's. Midpoint above EMA(10). Tested and held its 50.0% retrace (24.92). No daily 3LB changes (reversal is 26.23).

WTI
Spinning top day. Still above all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% retrace (103.49). No dally 3LB changes (reversal is 96.43).

SILVER
Doji day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (18.60). No daily 3LB (reversal is 19.14).

BKX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89,144). Holding above its 38.2% minor retrace (67.42). Daily 3LB reversal up (reversal is 66.81).

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 long day. Midpoint above EMA(10). Tested and held SMA(144,233). Tested and held its 50.0% minor retrace (3.132). No daily 3LB changes (reversal is 3.336).

QQQ
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 0.0% retrace (91.36). No daily 3LB changes (reversal is 89.88).

GSCI
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 38.2% minor retrace (33.48). New low on daily 3LB (reversal is 33.41).

IWM
Bearish short day. Midpoint above EMA(10). Still failing SMA(55,89). Tested and failed its 38.2% minor retrace (112.63). No daily 3LB changes (reversal is 108.88).

IT HAS BEGUN. YOU HAVE BEEN WARNED.