AmenRa's Corner 5.29.12

"Oh the horror!!!"


Creditcane™: That smarted. But it was BS. Nothing has changed. I'm still coming.


SPX
Bullish long day. Midpoint below EMA(10). Tested and held SMA(144). Holding above the 38.2% retrace (1296.82). Daily 3LB reversal up (reversal is 1295.22). QE2infinity.
DXY
Spinning top day. Midpoint above EMA(10). Tested and held the 0.0% retrace (82.40). Still above all SMA's. New high on daily 3LB (reversal is 82.09).
VIX
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(144). Tested and failed its 38.2% minor retrace (21.62). New low on daily 3LB (reversal is 25.10).
GOLD
Bearish short day. Midpoint below EMA(10). Failing its 61.8% retrace (1598.10). Failing all SMA's. No daily 3LB changes (reversal is 1538.90). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 0.0% retrace (1.2782). New low on daily 3LB (reversal is 1.2574).
JNK
Bullish long day. Midpoint below EMA(10). Tested and failed SMA(233). Holding above its 50.0% retrace (38.24). No daily 3LB changes (reversal is 39.23).
10YR YIELD
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 0.0% retrace (17.76). No daily 3LB changes (reversal is 17.02).
WTI
Spinning top day (falling three method forming?). Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% retrace (95.03). No dally 3LB changes (reversal is 93.19). Still below the monthly 3LB mid.
SILVER
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (30.00). No daily 3LB changes (reversal is 28.89).
BKX
Bullish short day. Midpoint below EMA(10). Holding above SMA(144). Holding above its 50.0% retrace (43.76). No daily 3LB changes (reversal is 44.83).
HYG/LQD
Bullish long day. Still failing all SMA's. Midpoint above EMA(10). Tested and held its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7841).
COPPER
Bullish short day. Midpoint below EMA(10). Failing all SMA's. Holding above its 61.8% minor retrace (3.423). No daily 3LB changes (reversal is 3.517).
AAPL
Bullish short day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (563.20). New high on daily 3LB (reversal is 546.08).
TLT
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Still failing its 0.0% retrace (124.02). No daily 3LB changes (reversal is 121.66).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 5.25.12

"Let the Greaving begin..."


Creditcane™: Be very afraid of long weekends. With US markets closed anything can happen.


SPX
Spinning top day. Midpoint below EMA(10). Tested and failed SMA(144). Holding above the 38.2% retrace (1296.82). No daily 3LB changes (reversal is 1330.66). QE2infinity.
DXY
Bullish short day. Midpoint above EMA(10). Holding above the 0.0% retrace (81.50). Still above all SMA's. New high on daily 3LB (reversal is 81.49). Had a weekly 3LB reversal up.
VIX
Spinning top day. Midpoint below EMA(10). Tested and held SMA(144). Tested and held its 38.2% minor retrace (21.62). No daily 3LB changes (reversal is 25.10).
GOLD
Bullish short day. Midpoint below EMA(10). Failing its 61.8% retrace (1598.10). Failing all SMA's. No daily 3LB changes (reversal is 1536.60). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 0.0% retrace (1.2782). New low on daily 3LB (reversal is 1.2715).
JNK
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Holding above its 50.0% retrace (38.24). No daily 3LB changes (reversal is 39.23).
10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 0.0% retrace (17.76). No daily 3LB changes (reversal is 17.02).
WTI
Doji day (didn't confirm bullish harami). Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% retrace (95.03). No dally 3LB changes (reversal is 93.19). Still below the monthly 3LB mid.
SILVER
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (30.00). No daily 3LB changes (reversal is 28.89).
BKX
Spinning top day. Midpoint below EMA(10). Holding above SMA(144). Holding above its 50.0% retrace (43.76). No daily 3LB changes (reversal is 44.83).
HYG/LQD
Bearish long day. Tested and failed SMA(21). Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7841).
COPPER
Spinning top day. Midpoint below EMA(10). Failing all SMA's. Tested and held its 61.8% minor retrace (3.423). No daily 3LB changes (reversal is 3.517).
AAPL
Bearish short day. Tested and failed SMA(21). Midpoint above EMA(10). Tested and failed its 61.8% minor retrace (563.20). No daily 3LB changes (reversal is 530.12).
EUFN
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 38.2% minor retrace (15.38). No daily 3LB changes (reversal is 14.81).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

AmenRa's Corner 5.24.12

"If it wasn't for Monday we would have already been Greaving."



Creditcane™: Don't let the small higher closes fool you. There's danger lurking.



SPX
Spinning top day. Midpoint below EMA(10). Tested and held SMA(144). Holding above the 38.2% retrace (1296.82). No daily 3LB changes (reversal is 1330.66). QE2infinity.
DXY
Bullish short day. Midpoint above EMA(10). Holding above the 0.0% retrace (81.50). Still above all SMA's. New high on daily 3LB (reversal is 81.38). Now above weekly 3LB rev.
VIX
Bearish short day. Midpoint below EMA(10). Still above all SMA's. Holding above its 38.2% minor retrace (21.62). Daily 3LB reversal down (reversal is 25.10).
GOLD
Doji day. Midpoint below EMA(10). Failing its 61.8% retrace (1598.10). Failing all SMA's. No daily 3LB changes (reversal is 1536.60). Still below its monthly 3LB mid. Must have the precious.
EURUSD
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Still failing its 0.0% retrace (1.2782). New low on daily 3LB (reversal is 1.2724).
JNK
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Holding above its 50.0% retrace (38.24). No daily 3LB changes (reversal is 39.23).
10YR YIELD
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (17.76). No daily 3LB changes (reversal is 17.02).
WTI
Bullish harami day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 38.2% retrace (95.03). No dally 3LB changes (reversal is 93.19). Still below the monthly 3LB mid.
SILVER
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (30.00). No daily 3LB changes (reversal is 28.89).
BKX
Spinning top day. Midpoint below EMA(10). Tested and held SMA(144). Tested and held its 50.0% retrace (43.76). No daily 3LB changes (reversal is 44.83).
HYG/LQD
Bearish short day. Still failing all SMA's. Midpoint above EMA(10). Tested and held its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7841).
COPPER
Bullish harami day. Midpoint below EMA(10). Failing all SMA's. Tested and held its 61.8% minor retrace (3.423). No daily 3LB changes (reversal is 3.517).
AAPL
Bearish short day. Tested and failed SMA(21). Midpoint above EMA(10). Tested and held its 61.8% minor retrace (563.20). No daily 3LB changes (reversal is 530.12).
AUDJPY
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 38.2% retrace (0.7800). No daily 3LB changes (reversal is 0.7930).




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.