AmenRa's Corner 7/10/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Spinning top day. Midpoint below EMA(10). Tested and held SMA(21). Still failing the 0.0% retrace (1978.58). No daily 3LB changes (reversal is 1959.48). Still failing lower trend line and RSI(14) above 50.

DXY
Bullish short day. Midpoint below EMA(10). Still failing the 38.2% retrace (80.33). Tested and held SMA(89). No dally 3LB changes (reversal is 80.27).

VIX
Bearish short day (after gap higher). Midpoint above EMA(10). Tested and failed SMA(89). Holding above its 0.0% retrace (11.50). No daily 3LB changes (reversal is 12.65).

GOLD
Bullish long day. Midpoint above EMA(10). Holding above its 61.8% minor retrace (1316.10). Still above all SMA's. Daily 3LB reversal up (reversal is 1316.50). Must have the precious.

EURUSD
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(21). Still failing its 61.8% retrace (1.3753). No daily 3LB changes (reversal is 1.3698).

JNK
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(55,89). Holding above its 38.2% minor retrace (40.97). New low on daily 3LB (reversal is 41.54).

10YR YIELD
Bullish long day (after gap lower). Now failing all SMA's. Midpoint below EMA(10). Holding above its 50.0% retrace (24.92). No daily 3LB changes (reversal is 25.02).

WTI
Bullish long day. Tested and held SMA(55). Midpoint below EMA(10). Tested and held its 50.0% retrace (102.62). No dally 3LB changes (reversal is 106.42).

SILVER
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Holding above its 0.0% retrace (18.66). New high on daily 3LB (reversal is 21.10).

BKX
Bearish short day. Midpoint below EMA(10). Still failing SMA(21). Holding above its 38.2% minor retrace (67.42). No daily 3LB changes (reversal is 70.26).

HYG/LQD
Bearish long day (didn't confirm inverted hammer). Tested and failed SMA(55). Midpoint below EMA(10). Still failing its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.7915).

COPPER
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (3.219). No daily 3LB changes (reversal is 3.204).

QQQ
Bullish long day. Midpoint below EMA(10). Tested and held SMA(21,144). Still failing its 0.0% retrace (95.24). No daily 3LB changes (reversal is 93.91).

GSCI
Bullish short day. Midpoint below EMA(10). Still failing SMA(21,55,89,144). Tested and held its 61.8% retrace (32.81). No daily 3LB changes (reversal is 33.54).

IWM
Bullish long day (after gap lower). Midpoint below EMA(10). Tested and held SMA(55,89,144). Tested and held its 114.23% minor retrace (114.23). New low on daily 3LB (reversal is 118.81).

IT HAS BEGUN. YOU HAVE BEEN WARNED.