Review of AUD/USD - US DOLLAR AUSSIE (AUD/USD)
as of Wednesday, June 16, 2010
CHART PATTERNS
A black body occurred (because prices closed lower 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 22 white "UP" candles and 25 black "DOWN" candles for a net of 3 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.
PulseScan Swing Vix Swing Index
PulseScan: 41.94
Swing Vix: 36.65
Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix 4 period(s) ago.
The last signal was a +SWING VIX Buy 4 period(s) Ago.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
,,,,,,
Swing Vix SHORT ENTRY :
,,,,,,
SWING TRADE ENTRIES
2nd PulseWave SHORT 80.8000
1st PulseWave SHORT 83.9012
IntraDay BreakDown SHORT 85.7540
INTRADAY PRICE PROJECTIONS
IntraDay RESISTANCE 86.5130
IntraDay SUPPORT 86.0070
PROFIT TARGETS
1st Profit Target 83.5400
2nd Profit Target 82.6200
STOP LOSS
Stop Loss/Stop & Reverse 86.3443
Watch for possible breakout longss - 2nd PulseWave - from 85.2100
The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days
The Swing Vix is above 39. This is where it usually tops. The Swing Vix usually forms tops and bottoms before the underlying security.,
The Swing Vix is above 29. This is where it usually forms Resistance. The Swing Vix usually forms Resistance before the underlying security. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Sold Buy 18 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.
The Swing Vix has set a new 14-period high while the security price has not. This is a bullish divergence.
Since the Swing Vix crossed its moving average, AUD/USD - US DOLLAR AUSSIE's price has increased 1.62% , and has ranged from a high of 86.7200 to a low of 82.6200.
MARKET TREND
Currently the TREND is - Down.
The current market condition for AUD/USD - US DOLLAR AUSSIE is:
\Bearish
The close is currently Below it's 264 Long Term period moving average. 87.3650
The close is currently Above it's 40 Intermediate Term period moving average. 87.2514
The close is currently Above it's 10 Short Term period moving average. 85.0814
Volatility
On 6/16/2010, AUD/USD - US DOLLAR AUSSIE closed below the upper band by 8.5%.
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.
AUD/USD
THE VULCAN REPORT
Review of Euro Currency (EUR/USD)
as of Wednesday, June 16, 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 20 white "UP" candles and 28 black "DOWN" candles for a net of 8 black (DOWN) candles.
PulseScan Swing Vix Swing Index
PulseScan: 6.66
Swing Vix: -0.01
Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix 4 period(s) ago.
The last signal was a +SWING VIX Buy 4 period(s) Ago.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
,,,,,,
Swing Vix SHORT ENTRY :
,2nd-PulseWave SHORT /,,,,,
SWING TRADE ENTRIES
2nd PulseWave SHORT 1.1876
1st PulseWave SHORT 1.2104
IntraDay BreakDown SHORT 1.2251
INTRADAY PRICE PROJECTIONS
IntraDay RESISTANCE 1.2330
IntraDay SUPPORT 1.2278
PROFIT TARGETS
1st Profit Target 1.2018
2nd Profit Target 1.1922
STOP LOSS
Stop Loss/Stop & Reverse 1.2313
Watch for possible breakout longss - 2nd PulseWave - from 1.2452
The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days
,
The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Sold Buy 4 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.
The Swing Vix has set a new 14-period high while the security price has not. This is a bullish divergence.
Since the Swing Vix crossed its moving average, Euro Currency's price has increased 1.55% , and has ranged from a high of 1.2352 to a low of 1.1956.
MARKET TREND
Currently the TREND is - Down.
The current market condition for Euro Currency is:
\Bearish
The close is currently Below it's 264 Long Term period moving average. 1.3509
The close is currently Below it's 40 Intermediate Term period moving average. 1.2698
The close is currently Above it's 10 Short Term period moving average. 1.2272
Volatility
On 6/16/2010, Euro Currency closed below the upper band by 37.2%.
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.
EUR/USD
THE VULCAN REPORT
Review of UUP - US Dollar Index ECN (UUP)
as of Wednesday, June 16, 2010
CHART PATTERNS
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 6 white "UP" candles and 4 black "DOWN" candles for a net of 2 white (UP) candles.
During the past 50 bars, there have been 26 white "UP" candles and 24 black "DOWN" candles for a net of 2 white (UP) candles.
A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).
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: -25.13
Swing Vix: -17.29
Currently The Market Pulse is negative since it is trading below its signal line.The PulseScan crossed below the Swing Vix 4 period(s) ago.
The last signal was a -SWING VIX Sell 4 period(s) Ago.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
,,,,,,
SWING TRADE ENTRIES
2nd PulseWave LONG 25.8300
1st PulseWave LONG 25.3793
IntraDay BreakOut LONG 25.1145
INTRADAY PRICE PROJECTIONS
IntraDay RESISTANCE 25.0898
IntraDay SUPPORT 25.0403
PROFIT TARGETS
1st Profit Target 25.3467
2nd Profit Target 25.4367
STOP LOSS
Stop Loss/Stop & Reverse 25.0568
Watch for possible breakout shorts - 2nd PulseWave - from 25.1500
Swing Vix SHORT ENTRY :
,,,,,,
The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum is entering 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. 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 4 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
The Swing Vix has set a new 14-period low while the security price has not. This is a bearish divergence.
Since the Swing Vix crossed its moving average, UUP - US Dollar Index ECN's price has decreased 1.10%, and has ranged from a high of 25.5600 to a low of 25.0100.
MARKET TREND
Currently the TREND is - Up.
The current market condition for UUP - US Dollar Index ECN is:
Bullish\
The close is currently Above it's 264 Long Term period moving average. 23.9250
The close is currently Above it's 40 Intermediate Term period moving average. 24.6761
The close is currently Below it's 10 Short Term period moving average. 25.2342
Volatility
On 6/16/2010, UUP - US Dollar Index ECN closed above the lower band by 22.9%.
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.
UUP
THE VULCAN REPORT
Review of TLT - US Bonds 20yr+ (TLT)
as of Wednesday, June 16, 2010
CHART PATTERNS
A black body occurred (because prices closed lower 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 27 white "UP" candles and 22 black "DOWN" candles for a net of 5 white (UP) candles.
A hammer occurred (a hammer has a long lower shadow and closes near the high). Hammers must appear after a significant decline or when prices are oversold to be valid. When this occurs, it usually indicates the formation of a support level and is thus considered a bullish pattern.
A hanging man occurred (a hanging man has a very long lower shadow and a small real body). This pattern can be bullish or bearish, depending on the trend. If it occurs during an uptrend (which appears to be the case with TLT - US Bonds 20yr+) it is called a hanging man line and signifies a reversal top. If it occurs during a downtrend it is called a bullish hammer.
A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).
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: -9.81
Swing Vix: -8.53
Currently The Market Pulse is negative since it is trading below its signal line.The PulseScan crossed below the Swing Vix 3 period(s) ago.
The last signal was a -SWING VIX Sell 3 period(s) Ago.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
,2nd-PulseWave LONG /,,Possible IntraDay Consolidation Break-Out /,,,
SWING TRADE ENTRIES
2nd PulseWave LONG 98.5900
1st PulseWave LONG 97.4569
IntraDay BreakOut LONG 97.2615
INTRADAY PRICE PROJECTIONS
IntraDay RESISTANCE 97.0332
IntraDay SUPPORT 96.5768
PROFIT TARGETS
1st Profit Target 99.3800
2nd Profit Target 100.2100
STOP LOSS
Stop Loss/Stop & Reverse 96.7289
Watch for possible breakout shorts - 2nd PulseWave - from 96.0500
Swing Vix SHORT ENTRY :
,,,,,,
The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum is entering 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. 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 37 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
The Swing Vix has set a new 14-period low while the security price has not. This is a bearish divergence.
Since the Swing Vix crossed its moving average, TLT - US Bonds 20yr+'s price has decreased 0.36%, and has ranged from a high of 97.8100 to a low of 96.0500.
MARKET TREND
Currently the TREND is - Up.
The current market condition for TLT - US Bonds 20yr+ is:
Very Bullish\
The close is currently Above it's 264 Long Term period moving average. 93.8050
The close is currently Above it's 40 Intermediate Term period moving average. 94.3559
The close is currently Below it's 10 Short Term period moving average. 96.4595
Volatility
On 6/16/2010, TLT - US Bonds 20yr+ closed above the lower band by 45.3%.
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.
TLT
THE VULCAN REPORT
Review of OIH - NYMEX LIGHT SWEET CRUDE OIL ETF (OIH)
as of Wednesday, June 16, 2010
CHART PATTERNS
A white body occurred (because prices closed higher 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 21 white "UP" candles and 29 black "DOWN" candles for a net of 8 black (DOWN) candles.
PulseScan Swing Vix Swing Index
PulseScan: 10.80
Swing Vix: 4.86
Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix 4 period(s) ago.
The last signal was a +SWING VIX Buy 4 period(s) Ago.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
,,,,,,
Swing Vix SHORT ENTRY :
,2nd-PulseWave SHORT /,,,Possible Inside Day/Bearish Retracement - NO TRADE,,
SWING TRADE ENTRIES
2nd PulseWave SHORT 89.6300
1st PulseWave SHORT 96.4940
IntraDay BreakDown SHORT 100.4460
INTRADAY PRICE PROJECTIONS
IntraDay RESISTANCE 103.3170
IntraDay SUPPORT 101.4030
PROFIT TARGETS
1st Profit Target 91.8600
2nd Profit Target 88.3800
STOP LOSS
Stop Loss/Stop & Reverse 102.6790
Watch for possible breakout longss - 2nd PulseWave - from 106.2900
The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days
,
The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Sold Buy 14 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.
The Swing Vix has set a new 14-period high while the security price has not. This is a bullish divergence.
Since the Swing Vix crossed its moving average, OIH - NYMEX LIGHT SWEET CRUDE OIL ETF's price has increased 4.22% , and has ranged from a high of 104.1000 to a low of 94.7100.
MARKET TREND
Currently the TREND is - Down.
The current market condition for OIH - NYMEX LIGHT SWEET CRUDE OIL ETF is:
\Bearish
The close is currently Below it's 264 Long Term period moving average.111.3850
The close is currently Below it's 40 Intermediate Term period moving average.110.0830
The close is currently Above it's 10 Short Term period moving average.101.0833
Volatility
On 6/16/2010, OIH - NYMEX LIGHT SWEET CRUDE OIL ETF closed below the upper band by 27.9%.
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.
OIH
THE VULCAN REPORT
Review of AGRIBUS ETF (MOO)
as of Wednesday, June 16, 2010
CHART PATTERNS
A white body occurred (because prices closed higher 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 29 black "DOWN" candles for a net of 9 black (DOWN) candles.
PulseScan Swing Vix Swing Index
PulseScan: 41.28
Swing Vix: 35.23
Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix 4 period(s) ago.
The last signal was a +SWING VIX Buy 4 period(s) Ago.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
,,,,,,
Swing Vix SHORT ENTRY :
,,,,,,
SWING TRADE ENTRIES
2nd PulseWave SHORT 36.1400
1st PulseWave SHORT 37.7313
IntraDay BreakDown SHORT 38.8760
INTRADAY PRICE PROJECTIONS
IntraDay RESISTANCE 39.2720
IntraDay SUPPORT 39.0080
PROFIT TARGETS
1st Profit Target 37.7433
2nd Profit Target 37.2633
STOP LOSS
Stop Loss/Stop & Reverse 39.1840
Watch for possible breakout longss - 2nd PulseWave - from 38.4100
The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days
The Swing Vix is above 39. This is where it usually tops. The Swing Vix usually forms tops and bottoms before the underlying security.,
The Swing Vix is above 29. This is where it usually forms Resistance. The Swing Vix usually forms Resistance before the underlying security. 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 79 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.
The Swing Vix has set a new 14-period high while the security price has not. This is a bullish divergence.
Since the Swing Vix crossed its moving average, AGRIBUS ETF's price has increased 2.72% , and has ranged from a high of 39.3800 to a low of 37.3800.
MARKET TREND
Currently the TREND is - Down.
The current market condition for AGRIBUS ETF is:
\Bearish
The close is currently Below it's 264 Long Term period moving average. 39.8550
The close is currently Below it's 40 Intermediate Term period moving average. 40.3558
The close is currently Above it's 10 Short Term period moving average. 38.4553
Volatility
On 6/16/2010, AGRIBUS ETF closed below the upper band by 4.7%.
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.
MOO
THE VULCAN REPORT
Review of DJUBS GRAINS (JJG)
as of Wednesday, June 16, 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 23 white "UP" candles and 25 black "DOWN" candles for a net of 2 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.
PulseScan Swing Vix Swing Index
PulseScan: 3.03
Swing Vix: -3.41
Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix 5 period(s) ago.
The last signal was a +SWING VIX Buy 5 period(s) Ago.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
,,,,,,
Swing Vix SHORT ENTRY :
,2nd-PulseWave SHORT /,,,,,
SWING TRADE ENTRIES
2nd PulseWave SHORT 32.3300
1st PulseWave SHORT 33.3181
IntraDay BreakDown SHORT 33.8725
INTRADAY PRICE PROJECTIONS
IntraDay RESISTANCE 34.3263
IntraDay SUPPORT 34.0238
PROFIT TARGETS
1st Profit Target 32.5533
2nd Profit Target 32.0033
STOP LOSS
Stop Loss/Stop & Reverse 34.2254
Watch for possible breakout longss - 2nd PulseWave - from 34.7700
The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days
,
The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Sold Buy 3 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.
The Swing Vix has set a new 14-period high while the security price has not. This is a bullish divergence.
Since the Swing Vix crossed its moving average, DJUBS GRAINS's price has increased 5.19% , and has ranged from a high of 34.4500 to a low of 32.5500.
MARKET TREND
Currently the TREND is - Down.
The current market condition for DJUBS GRAINS is:
\Bearish
The close is currently Below it's 264 Long Term period moving average. 39.7450
The close is currently Below it's 40 Intermediate Term period moving average. 34.6401
The close is currently Above it's 10 Short Term period moving average. 33.7653
Volatility
On 6/16/2010, DJUBS GRAINS closed below the upper band by 27.8%.
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.
JJG
THE VULCAN REPORT
Review of DBA (DBA)
as of Wednesday, June 16, 2010
CHART PATTERNS
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 6 white "UP" candles and 4 black "DOWN" candles for a net of 2 white (UP) candles.
During the past 50 bars, there have been 23 white "UP" candles and 27 black "DOWN" candles for a net of 4 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 white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
PulseScan Swing Vix Swing Index
PulseScan: 25.67
Swing Vix: 18.38
Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix 6 period(s) ago.
The last signal was a +SWING VIX Buy 6 period(s) Ago.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
,,,,,,
Swing Vix SHORT ENTRY :
,,,,Possible Inside Day/Bearish Retracement - NO TRADE,,
SWING TRADE ENTRIES
2nd PulseWave SHORT 22.8500
1st PulseWave SHORT 23.4932
IntraDay BreakDown SHORT 23.9900
INTRADAY PRICE PROJECTIONS
IntraDay RESISTANCE 24.1550
IntraDay SUPPORT 24.0450
PROFIT TARGETS
1st Profit Target 23.4967
2nd Profit Target 23.2967
STOP LOSS
Stop Loss/Stop & Reverse 24.1183
Watch for possible breakout longss - 2nd PulseWave - from 23.9900
The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days
,
The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Sold Buy 90 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.
Since the Swing Vix crossed its moving average, DBA's price has increased 4.20% , and has ranged from a high of 24.2000 to a low of 22.9600.
MARKET TREND
Currently the TREND is - Down.
The current market condition for DBA is:
\Bearish
The close is currently Below it's 264 Long Term period moving average. 25.8600
The close is currently Above it's 40 Intermediate Term period moving average. 24.1183
The close is currently Above it's 10 Short Term period moving average. 23.6880
Volatility
On 6/16/2010, DBA closed below the upper band by 10.5%.
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.
DBA
THE VULCAN REPORT
Review of XAU/USD - COMEX GOLD SPOT (XAU USD)
as of Wednesday, June 16, 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 25 white "UP" candles and 23 black "DOWN" candles for a net of 2 white (UP) candles.
PulseScan Swing Vix Swing Index
PulseScan: 7.09
Swing Vix: 9.60
Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 3 period(s) ago.
The last signal was a -SWING VIX Sell 3 period(s) Ago.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
,2nd-PulseWave LONG /,,,,,
SWING TRADE ENTRIES
2nd PulseWave LONG 1,251.6000
1st PulseWave LONG 1,233.6740
IntraDay BreakOut LONG 1,238.0930
INTRADAY PRICE PROJECTIONS
IntraDay RESISTANCE 1,235.1615
IntraDay SUPPORT 1,229.2985
PROFIT TARGETS
1st Profit Target 1,263.1567
2nd Profit Target 1,273.8168
STOP LOSS
Stop Loss/Stop & Reverse 1,231.2528
Watch for possible breakout shorts - 2nd PulseWave - from 1,214.9500
Swing Vix SHORT ENTRY :
,,,,,,
The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum is entering 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. 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 26 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, XAU/USD - COMEX GOLD SPOT's price has increased 0.22% , and has ranged from a high of 1,237.5601 to a low of 1,216.0900.
MARKET TREND
Currently the TREND is VERY-BULLISH- Up.
The current market condition for XAU/USD - COMEX GOLD SPOT is:
Very Bullish\
The close is currently Above it's 264 Long Term period moving average.1,078.1450
The close is currently Above it's 40 Intermediate Term period moving average.1,191.4095
The close is currently Above it's 10 Short Term period moving average.1,218.5309
Volatility
On 6/16/2010, XAU/USD - COMEX GOLD SPOT closed below the upper band by 30.2%.
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.
XAU/USD GOLD SPOT
THE VULCAN REPORT
Review of XAG/USD - COMEX SILVER SPOT (SL-XAU USD)
as of Wednesday, June 16, 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 23 white "UP" candles and 25 black "DOWN" candles for a net of 2 black (DOWN) candles.
PulseScan Swing Vix Swing Index
PulseScan: 25.84
Swing Vix: 23.63
Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix 6 period(s) ago.
The last signal was a +SWING VIX Buy 6 period(s) Ago.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
,2nd-PulseWave LONG /,,,,,
SWING TRADE ENTRIES
2nd PulseWave LONG 18.6800
1st PulseWave LONG 18.5107
IntraDay BreakOut LONG 18.6535
INTRADAY PRICE PROJECTIONS
IntraDay RESISTANCE 18.5793
IntraDay SUPPORT 18.4308
PROFIT TARGETS
1st Profit Target 19.2967
2nd Profit Target 19.5667
STOP LOSS
Stop Loss/Stop & Reverse 18.4803
Watch for possible breakout shorts - 2nd PulseWave - from 17.1900
Swing Vix SHORT ENTRY :
,,,,,,
The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days
,
The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. 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 51 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.
The Swing Vix has set a new 14-period high while the security price has not. This is a bullish divergence.
Since the Swing Vix crossed its moving average, XAG/USD - COMEX SILVER SPOT's price has increased 1.04% , and has ranged from a high of 18.6600 to a low of 17.8800.
MARKET TREND
Currently the TREND is - Up.
The current market condition for XAG/USD - COMEX SILVER SPOT is:
Very Bullish\
The close is currently Above it's 264 Long Term period moving average. 16.1100
The close is currently Above it's 40 Intermediate Term period moving average. 18.1069
The close is currently Above it's 10 Short Term period moving average. 18.2723
Volatility
On 6/16/2010, XAG/USD - COMEX SILVER SPOT closed below the upper band by 25.1%.
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.
XAG/USD SILVER SPOT
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