AmenRa's Corner 5.9.12

"Is it time yet? Well?"


Creditcane™: Otra vez: There should have been more pain.


SPX
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(89). Tested and failed the 50.0% minor retrace (1357.98). New low on daily 3LB (reversal is 1416.51). QE2infinity.
DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 50.0% minor retrace (79.96). Now above all SMA's. Daily 3LB reversal up (reversal is 78.71). Back above weekly 3LB mid.
VIX
Spinning top day (w/volatility). Midpoint above EMA(10). Now above all SMA's. Tested and failed its 50.0% minor retrace (20.22). No daily 3LB changes (reversal is 20.39).
GOLD
Bearish short day. Midpoint below EMA(10). Tested and failed its 61.8% retrace (1598.10). Failing all SMA's. New low on daily 3LB (reversal is 1645.10). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Failing its 38.2% minor retrace (1.3057). New low on daily 3LB (reversal is 1.3465).
JNK
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(233). Failing its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).
10YR YIELD
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Failing its 0.0% retrace (18.96). New low on daily 3LB (reversal is 18.80).
WTI
Hammer day. Now failing all SMA's. Midpoint below EMA(10). Failing its 50.0% retrace (99.04). New low on dally 3LB (reversal is 98.49). Still below the monthly 3LB mid.
SILVER
Dragonfly doji day (which is usually a reversal in an uptrend). Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (29.92). New low on daily 3LB (reversal is 30.42).
BKX
Bearish short day. Midpoint below EMA(10). Tested and held SMA(89). Tested and held its 61.8% retrace (46.14). New low on daily 3LB (reversal is 48.87).
HYG/LQD
Spinning top day. Tested and failed SMA(21,144). Midpoint below EMA(10). Failing its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
COPPER
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed its 38.2% retrace (3.660). New low on daily 3LB (reversal is 3.736).
AAPL
Bullish short day. Failing SMA(55). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (563.20). No daily 3LB changes (reversal is 560.28).
BAC
Bullish short day. Midpoint below EMA(10). Failing SMA(89). Holding above its 61.8% minor retrace (7.37). New low on daily 3LB (reversal is 8.11).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 5.8.12




Creditcane™: There should have been more pain.


SPX
Hammer day (higher close would be better signal). Midpoint below EMA(10). Tested and held SMA(89). Tested and held the 50.0% minor retrace (1357.98). No daily 3LB changes (reversal is 1419.04). QE2infinity.
DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 61.8% minor retrace (79.60). Tested and held SMA(89). No daily 3LB changes (reversal is 80.08). Still below weekly 3LB mid.
VIX
Spinning top day (w/volatility). Midpoint above EMA(10). Tested and held SMA(21,89). Tested and held its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 20.39).
GOLD
Bearish long day. Midpoint below EMA(10). Tested and held its 61.8% retrace (1598.10). Failing all SMA's. New low on daily 3LB (reversal is 1645.50). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 38.2% minor retrace (1.3057). No daily 3LB changes (reversal is 1.3465).
JNK
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).
10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Failing its 0.0% retrace (18.96). New low on daily 3LB (reversal is 19.15).
WTI
Bearish short day. Tested and failed SMA(233). Midpoint below EMA(10). Failing its 50.0% retrace (99.04). New low on dally 3LB (reversal is 101.91). Still below the monthly 3LB mid.
SILVER
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (29.92). New low on daily 3LB (reversal is 30.60).
BKX
Bearish short day. Midpoint below EMA(10). Failing SMA(55). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 49.00).
HYG/LQD
Spinning top day. Tested and failed SMA(21,144). Midpoint below EMA(10). Tested and failed its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
COPPER
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Failing its 50.0% retrace (3.846). New low on daily 3LB (reversal is 3.829).
AAPL
Bearish short day. Failing SMA(55). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (563.20). No daily 3LB changes (reversal is 560.28).
RBOB Gasoline
Spinning top day. Midpoint below EMA(10). Tested and held SMA(144). Tested and failed its 38.2% retrace (3.02). No daily 3LB changes (reversal is 3.08).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 5.7.12

...can prevent market melt ups based on phony EU solidarity. 



Creditcane™: Do you really think I'm not in France or Greece?


SPX
Doji day. Midpoint below EMA(10). Failing SMA(21,55). Tested and failed the 38.2% minor retrace (1372.42). Failing the lower trend line (10/4-11/28). No daily 3LB changes (reversal is 1419.04). QE2infinity.
DXY
Bearish short day. Midpoint above EMA(10). Tested and held the 61.8% minor retrace (79.60). Tested and held SMA(89). No daily 3LB changes (reversal is 80.08). Still below weekly 3LB mid.
VIX
Bearish short day. Midpoint above EMA(10). Holding above SMA(89). Tested and held its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 20.39).
GOLD
Bearish short day. Midpoint below EMA(10). Failing its 50.0% retrace (1661.00). Failing SMA(21). No daily 3LB changes (reversal is 1706.50). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Doji day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 38.2% minor retrace (1.3057). No daily 3LB changes (reversal is 1.3465).
JNK
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).
10YR YIELD
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Failing its 0.0% retrace (18.96). New low on daily 3LB (reversal is 19.33).
WTI
Doji day. Tested and failed SMA(233). Midpoint below EMA(10). Failing its 50.0% retrace (99.04). New low on dally 3LB (reversal is 106.16). Still below the monthly 3LB mid.
SILVER
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 61.8% minor retrace (29.92). No daily 3LB changes (reversal is 31.12).
BKX
Bullish short day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 49.00).
HYG/LQD
Spinning top day. Tested and held SMA(21,144). Midpoint below EMA(10). Tested and failed its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
COPPER
Bullish long day. Midpoint below EMA(10). Tested and held SMA(21). Failing its 50.0% retrace (3.846). No daily 3LB changes (reversal is 3.843).
AAPL
Bullish short day. Failing SMA(55). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (563.20). No daily 3LB changes (reversal is 560.28).
AUDJPY
Bullish thrusting day. Midpoint below EMA(10). Tested and held SMA(233). Tested and held its 50.0% minor retrace (0.8011). No daily 3LB changes (reversal is 0.8417).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

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.