AmenRa's Corner 7/17/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and failed the 0.0% retrace (1978.58). Daily 3LB reversal down (reversal is 1985.44). Still failing lower trend line and RSI(14) above 50.

DXY
Spinning top day. Midpoint above EMA(10). Holding above the 38.2% retrace (80.33). Still above all SMA's. No dally 3LB changes (reversal is 79.78).

VIX
Bullish long day. Midpoint above EMA(10). Tested and held all SMA's. Tested and helde its 0.0% retrace (11.50). Daily 3LB reversal up (reversal is 10.32).

GOLD
Bullish long day. Midpoint below EMA(10). Tested and held its 61.8% minor retrace (1316.10). Tested and held SMA(21,89,233). No daily 3LB changes (reversal is 1339.20). Must have the precious.

EURUSD
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 61.8% retrace (1.3753). No daily 3LB changes (reversal is 1.3649).

JNK
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(144). Holding above its 38.2% minor retrace (40.97). New low on daily 3LB (reversal is 41.52).

10YR YIELD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% retrace (24.92). Daily 3LB reversal down (reversal is 26.55).

WTI
Bullish long day. Tested and held SMA(55,89). Midpoint below EMA(10). Tested and held its 50.0% retrace (102.62). No dally 3LB changes (reversal is 103.40).

SILVER
Bullish long day. Tested and held SMA(21,233). Midpoint below EMA(10). Holding above its 0.0% retrace (18.66). No daily 3LB changes (reversal is 21.30).

BKX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21,89). Holding above its 38.2% minor retrace (67.42). Daily 3LB reversal down (reversal is 72.38).

HYG/LQD
Doji day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 38.2% retrace (0.7907). Daily 3LB reversal down (reversal is 0.8040).

COPPER
Doji day. Midpoint below EMA(10). Tested and held SMA(21). Tested and failed its 38.2% minor retrace (3.219). No daily 3LB changes (reversal is 3.204).

QQQ
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(144). Still failing its 0.0% retrace (96.13). Daily 3LB reversal down (reversal is 95.89).

GSCI
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(233). Holding above its 50.0% retrace (32.26). No daily 3LB changes (reversal is 33.19).

IWM
Bearish long day. Midpoint below EMA(10). Still failing SMA(21,55,89,144). Tested and failed its 38.2% minor retrace (114.23). New low on daily 3LB (reversal is 115.10).

IT HAS BEGUN. YOU HAVE BEEN WARNED.