AmenRa's Corner 7/28/14

"We're baaccckkkk!!!"

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Doji day. Midpoint above EMA(10). Tested and held SMA(21). Still failing the 0.0% retrace (1989.23). No daily 3LB changes (reversal is 1958.12). 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 80.78).

VIX
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(89,144). Holding above its 0.0% retrace (11.50). No daily 3LB changes (reversal is 10.32).

GOLD
Bearish short day. Midpoint above EMA(10). Still failing its 61.8% minor retrace (1316.10). Still failing SMA(21). No daily 3LB changes (reversal is 1317.00). Must have the precious.

EURUSD
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 50.0% retrace (1.3455). No daily 3LB changes (reversal is 1.3525).

JNK
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(144). Holding above its 38.2% minor retrace (40.97). No daily 3LB changes (reversal is 41.52).

10YR YIELD
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% retrace (24.92). No daily 3LB changes (reversal is 24.64).

WTI
Spinning top day. Tested and failed SMA(21,55). Midpoint below EMA(10). Still failing its 50.0% retrace (102.62). No dally 3LB changes (reversal is 98.97).

SILVER
Bearish short day. Still failing SMA(21,233). Midpoint below EMA(10). Holding above its 0.0% retrace (18.66). No daily 3LB changes (reversal is 20.91).

BKX
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 38.2% minor retrace (67.42). No daily 3LB changes (reversal is 72.38).

HYG/LQD
Doji day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% retrace (0.7907). No daily 3LB changes (reversal is 0.8030).

COPPER
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 38.2% minor retrace (3.219). No daily 3LB changes (reversal is 3.280).

QQQ
Doji day. Midpoint above EMA(10). Tested and held SMA(144). Still failing its 0.0% retrace (97.34). No daily 3LB changes (reversal is 95.84).

GSCI
Doji day. Midpoint below EMA(10). Tested and failed SMA(144,233). Still failing its 61.8% retrace (32.81). No daily 3LB changes (reversal is 33.19).

IWM
Bearish short day. Midpoint below EMA(10). Tested and held SMA(233). Tested and held its 50.0% minor retrace (112.27). No daily 3LB changes (reversal is 115.10).

IT HAS BEGUN. YOU HAVE BEEN WARNED.