AmenRa's Corner 7/1/14

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 (1968.17). Daily 3LB reversal up (reversal is 1949.98). Still failing lower trend line and RSI(14) above 50.

DXY
Spinning top day. Midpoint below EMA(10). Still failing the 38.2% retrace (80.33). Now failing all SMA's. No dally 3LB changes (reversal is 80.27).

VIX
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed its 0.0% retrace (11.50). No daily 3LB changes (reversal is 12.65).

GOLD
Spinning top day. Midpoint above EMA(10). Holding above its 61.8% minor retrace (1316.10). Still above all SMA's. New high on daily 3LB (reversal is 1318.40). Must have the precious.

EURUSD
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(55). Still failing its 61.8% retrace (1.3750). No daily 3LB changes (reversal is 1.3611).

JNK
Spinning top 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 41.80).

10YR YIELD
Bullish short day. Still 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
Spinning top day. Tested and held SMA(21). Midpoint below EMA(10). Holding above its 50.0% retrace (103.49). No dally 3LB changes (reversal is 103.92).

SILVER
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Holding above its 0.0% retrace (18.60). No daily 3LB changes (reversal is 20.71).

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
Doji day. Tested and failed SMA(21,89). Midpoint below EMA(10). Tested and failed its 50.0% retrace (0.8022). No daily 3LB changes (reversal is 0.7915).

COPPER
Doji day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 50.0% minor retrace (3.175). New high on daily 3LB (reversal is 3.166).

QQQ
Bullish long day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (94.14). New high on daily 3LB (reversal is 93.34).

GSCI
Bearish short day. Midpoint below EMA(10). Tested and held SMA(21). Tested and failed its 61.8% minor retrace (33.90). New low on daily 3LB (reversal is 34.31).

IWM
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and failed its 0.0% retrace (120.58). New high on daily 3LB (reversal is 117.86).

IT HAS BEGUN. YOU HAVE BEEN WARNED.