THE VULCAN REPORT
Review of Mini Dow Jones FUTURES (YM)
as of Wednesday, June 23, 2010
CHART PATTERNS
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 7 white "UP" candles and 3 black "DOWN" candles for a net of 4 white (UP) candles.
During the past 50 bars, there have been 25 white "UP" candles and 25 black "DOWN" candles.
An on-neck line occurred. This is a bearish pattern where prices should move lower when the white candlestick's (i.e., the most recent) low is penetrated.
A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.
PulseScan Swing Vix Swing Index
PulseScan: 29.90
Swing Vix: 32.80
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 1 period(s) ago.
The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 days
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Bought Sell 1 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the Swing Vix crossed its moving average, Mini Dow Jones FUTURES's price has increased 0.05% , and has ranged from a high of 10,493.5703 to a low of 10,227.2402.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for Mini Dow Jones FUTURES is:
Mildly Bullish\
The close is currently Above it's Long Term period moving average.10,165.0049
The close is currently Below it's Intermediate Term period moving average.10,449.9912
The close is currently Below it's Short Term period moving average.10,302.9365
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/23/2010, Mini Dow Jones FUTURES closed
below the upper band by 36.0%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
INTRADAY PRICE PROJECTIONS
RESISTANCE 10,336.3604
SUPPORT 10,258.9209
Watch for possible TREND REVERSAL breakout longs - with a close above 10,594.1602
Watch for possible EXPLOSIVE CONTINUATION SELL OFF - with a close below 9,757.5498
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
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THE VULCAN REPORT
Review of E-mini S&P 500 FUTURES (ES)
as of Wednesday, June 23, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 6 white "UP" candles and 3 black "DOWN" candles for a net of 3 white (UP) candles.
During the past 50 bars, there have been 24 white "UP" candles and 25 black "DOWN" candles for a net of 1 black (DOWN) candles.
PulseScan Swing Vix Swing Index
PulseScan: 30.89
Swing Vix: 33.88
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 1 period(s) ago.
The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 days
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Bought Sell 1 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the Swing Vix crossed its moving average, E-mini S&P 500 FUTURES's price has decreased 1.96%, and has ranged from a high of 1,118.5000 to a low of 1,085.3101.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for E-mini S&P 500 FUTURES is:
Mildly Bullish\
The close is currently Above it's Long Term period moving average.1,097.5000
The close is currently Below it's Intermediate Term period moving average.1,121.1642
The close is currently Below it's Short Term period moving average.1,102.8145
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/23/2010, E-mini S&P 500 FUTURES closed
below the upper band by 48.6%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
WARNING - Possible Inside Day/Bearish Retracement
INTRADAY PRICE PROJECTIONS
RESISTANCE 1,096.4159
SUPPORT 1,088.5343
Watch for possible TREND REVERSAL breakout longs - with a close above 1,131.2300
Watch for possible EXPLOSIVE CONTINUATION SELL OFF - with a close below 1,042.1700
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
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THE VULCAN REPORT
Review of E-mini NASDAQ 100 FUTURES ($NDX)
as of Wednesday, June 23, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 5 white "UP" candles and 5 black "DOWN" candles.
During the past 50 bars, there have been 22 white "UP" candles and 28 black "DOWN" candles for a net of 6 black (DOWN) candles.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
PulseScan Swing Vix Swing Index
PulseScan: 27.01
Swing Vix: 29.76
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 1 period(s) ago.
The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 days
The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. However, the Swing Vix just crossed below 29 from a topping formation. This is a bearish sign. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Bought Sell 1 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the Swing Vix crossed its moving average, E-mini NASDAQ 100 FUTURES price has decreased 0.33%, and has ranged from a high of 1,917.2600 to a low of 1,859.0500.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for E-mini NASDAQ 100 FUTURES is:
Mildly Bullish\
The close is currently Above it's Long Term period moving average.1,727.2000
The close is currently Below it's Intermediate Term period moving average.1,891.4071
The close is currently Below it's Short Term period moving average.1,873.7721
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/23/2010, E-mini NASDAQ 100 FUTURES closed
below the upper band by 38.9%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
INTRADAY PRICE PROJECTIONS
RESISTANCE 1,882.8270
SUPPORT 1,865.9530
Watch for possible TREND REVERSAL breakout longs - with a close above 1,939.7700
Watch for possible EXPLOSIVE CONTINUATION SELL OFF - with a close below 1,770.5000
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
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THE VULCAN REPORT
Review of DOW JONES ETF (DIA)
as of Wednesday, June 23, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 5 white "UP" candles and 5 black "DOWN" candles.
During the past 50 bars, there have been 22 white "UP" candles and 27 black "DOWN" candles for a net of 5 black (DOWN) candles.
A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
PulseScan Swing Vix Swing Index
PulseScan: 29.61
Swing Vix: 32.58
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 1 period(s) ago.
The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 days
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Bought Sell 1 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the Swing Vix crossed its moving average, DOW JONES ETF's price has increased 0.06% , and has ranged from a high of 104.9400 to a low of 102.2700.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for DOW JONES ETF is:
Mildly Bullish\
The close is currently Above it's Long Term period moving average. 96.7650
The close is currently Below it's Intermediate Term period moving average.104.6006
The close is currently Below it's Short Term period moving average.103.1292
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/23/2010, DOW JONES ETF closed
below the upper band by 37.3%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
INTRADAY PRICE PROJECTIONS
RESISTANCE 103.3705
SUPPORT 102.5895
Watch for possible TREND REVERSAL breakout longs - with a close above 105.9600
Watch for possible EXPLOSIVE CONTINUATION SELL OFF - with a close below 97.7000
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
=====================================================================
THE VULCAN REPORT
Review of S&P 500 ETF (SPY)
as of Wednesday, June 23, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 4 white "UP" candles and 6 black "DOWN" candles for a net of 2 black (DOWN) candles.
During the past 50 bars, there have been 24 white "UP" candles and 26 black "DOWN" candles for a net of 2 black (DOWN) candles.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
PulseScan Swing Vix Swing Index
PulseScan: 24.82
Swing Vix: 28.43
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 1 period(s) ago.
The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 days
The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. However, the Swing Vix just crossed below 29 from a topping formation. This is a bearish sign. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Bought Sell 1 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the Swing Vix crossed its moving average, S&P 500 ETF's price has decreased 0.31%, and has ranged from a high of 111.9000 to a low of 108.4800.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for S&P 500 ETF is:
Mildly Bullish\
The close is currently Above it's Long Term period moving average.104.5600
The close is currently Below it's Intermediate Term period moving average.112.2853
The close is currently Below it's Short Term period moving average.110.4427
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/23/2010, S&P 500 ETF closed
above the lower band by 48.4%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
WARNING - Possible Inside Day/Bearish Retracement
INTRADAY PRICE PROJECTIONS
RESISTANCE 109.6813
SUPPORT 108.8288
Watch for possible TREND REVERSAL breakout longs - with a close above 113.2000
Watch for possible EXPLOSIVE CONTINUATION SELL OFF - with a close below 104.6500
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
==========================================================================
THE VULCAN REPORT
Review of NASDAQ 100 ETF (QQQQ)
as of Wednesday, June 23, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 4 white "UP" candles and 6 black "DOWN" candles for a net of 2 black (DOWN) candles.
During the past 50 bars, there have been 20 white "UP" candles and 28 black "DOWN" candles for a net of 8 black (DOWN) candles.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
PulseScan Swing Vix Swing Index
PulseScan: 26.44
Swing Vix: 29.13
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 1 period(s) ago.
The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 days
The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. However, the Swing Vix just crossed below 29 from a topping formation. This is a bearish sign. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Bought Sell 1 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the Swing Vix crossed its moving average, NASDAQ 100 ETF's price has decreased 0.41%, and has ranged from a high of 47.1400 to a low of 45.6900.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for NASDAQ 100 ETF is:
Mildly Bullish\
The close is currently Above it's Long Term period moving average. 42.4750
The close is currently Below it's Intermediate Term period moving average. 46.5274
The close is currently Below it's Short Term period moving average. 46.0594
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/23/2010, NASDAQ 100 ETF closed
below the upper band by 39.9%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
WARNING - Possible Inside Day/Bearish Retracement
INTRADAY PRICE PROJECTIONS
RESISTANCE 46.2945
SUPPORT 45.8655
Watch for possible TREND REVERSAL breakout longs - with a close above 47.6800
Watch for possible EXPLOSIVE CONTINUATION SELL OFF - with a close below 43.5900
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
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