AmenRa's Corner 8/12/14

Posted by AmenRa on Tuesday, August 12, 2014 /
"It's too late. There is no escape."



Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.


SPX
Spinning top day. Midpoint below EMA(10). Holding above SMA(89,144,233). Still failing the 0.0% retrace (1989.23). No daily 3LB changes (reversal is 1909.57). Still failing lower trend line and RSI(14) below 50.



DXY
Doji day. Midpoint above EMA(10). Holding above the 38.2% retrace (80.33). Still above all SMA's. No dally 3LB changes (reversal is 81.21).



VIX
Spinning top day. Midpoint below EMA(10). Tested and held SMA(21,144). Still failing its 61.8% minor retrace (16.45). No daily 3LB changes (reversal is 10.61).



GOLD
Spinning top day. Midpoint above EMA(10). Still failing its 61.8% minor retrace (1316.10). Still above all SMA's. No daily 3LB changes (reversal is 1282.80). Must have the precious.



EURUSD
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 50.0% retrace (1.3455). No daily 3LB changes (reversal is 1.3360).



JNK
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 50.0% minor retrace (40.70). No daily 3LB changes (reversal is 41.00).



10YR YIELD
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 50.0% retrace (24.92). No daily 3LB changes (reversal is 25.56).



WTI
Bearish short day. Now failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% retrace (98.24). No dally 3LB changes (reversal is 98.17).



SILVER
Bearish long day. Tested and failed SMA(89). Midpoint below EMA(10). Holding above its 0.0% retrace (18.66). No daily 3LB changes (reversal is 20.41).



BKX
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Holding above its 38.2% minor retrace (67.42). No daily 3LB changes (reversal is 70.00).



HYG/LQD
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7765). Daily 3LB reversal up (reversal is 0.7741).



COPPER
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(55,233). Tested and failed its 50.0% minor retrace (3.175). New low on daily 3LB (reversal is 3.265).



QQQ
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(21). Still failing its 0.0% retrace (97.34). No daily 3LB changes (reversal is 94.22).



GSCI
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 38.2% retrace (31.71). New low on daily 3LB (reversal is 32.16).



IWM
Spinning top day. Midpoint above EMA(10). Tested and failed SMA(21,233). Tested and held its 50.0% minor retrace (112.27). No daily 3LB changes (reversal is 114.24).







IT HAS BEGUN. YOU HAVE BEEN WARNED.

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Disclosure/Warning

This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.