AmenRa's Corner 9/2/14

Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.

SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (2001.95). No daily 3LB changes (reversal is 1992.92). Still failing lower trend line and RSI(14) above 50.

DXY
Doji day. Midpoint above EMA(10). Tested and held the 38.2% minor retrace (82.96). Still above all SMA's. New high on dally 3LB (reversal is 82.75).

VIX
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(21,55,89,144). Holding above its 0.0% retrace (11.50). No daily 3LB changes (reversal is 10.61).

GOLD
Bearish long day. Midpoint below EMA(10). Still failing its 61.8% minor retrace (1319.20). Tested and failed SMA(233). New low on daily 3LB (reversal is 1315.70). Must have the precious.

EURUSD
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 38.2% retrace (1.3157). New low on daily 3LB (reversal is 1.3194).

JNK
Spinning top day (after gap lower). Midpoint below EMA(10). Tested and failed SMA(55,144). Holding above its 38.2% minor retrace (40.97). Daily 3LB reversal down (reversal is 41.42).

10YR YIELD
Bullish long day (after gap higher). Tested and held SMA(21). Midpoint above EMA(10). Still failing its 50.0% retrace (24.92). No daily 3LB changes (reversal is 24.26).

WTI
Bearish long day. Tested and failed SMA(21,55). Midpoint above EMA(10). Tested and failed its 38.2% retrace (95.22). No dally 3LB changes (reversal is 92.86).

SILVER
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (18.74). Daily 3LB reversal down (reversal is 19.61).

XLF
Doji day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (23.44). New high on daily 3LB (reversal is 23.20).

COPPER
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(55,89). Tested and failed its 50.0% minor retrace (3.174). No daily 3LB changes (reversal is 3.355).

QQQ
Hanging man day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 0.0% retrace (99.91). New high on daily 3LB (reversal is 99.50).

GSCI
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed its 61.8% minor retrace (31.04). No daily 3LB changes (reversal is 30.82).

IWM
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (114.23). New high on daily 3LB (reversal is 115.44).

IT HAS BEGUN. YOU HAVE BEEN WARNED.