Wednesday, June 23, 2010 - US Bonds/Interest Rates - THE VULCAN REPORT Review of TLT - US Bonds 20yr+ (TLT)

THE VULCAN REPORT
Review of TLT - US Bonds 20yr+ (TLT)
as of Tuesday, June 22, 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 27 white "UP"  candles and 22 black "DOWN" candles for a net of 5 white (UP) candles.




PulseScan Swing Vix              Swing Index

PulseScan:     24.91
Swing Vix:     19.91

The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix   3 period(s) ago.

 


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 41 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, TLT - US Bonds 20yr+'s price has increased 0.74% , and has ranged from a high of 98.6000 to a low of 96.4100.

     MARKET TREND

Currently the TREND is VERY-BULLISH- Up.
Today's Trend Momentum reading for TLT - US Bonds 20yr+ is:

       Very Bullish\

The close is currently Above it's Long Term period moving average. 93.8050
The close is currently Above  it's Intermediate Term period moving average. 94.7969
The close is currently Above  it's Short Term period moving average. 96.8997
    
Trend Strength

   
Bullish Consolidation



VOLATILITY

On 6/22/2010, TLT - US Bonds 20yr+ closed  
below the upper band by 15.7%.


PANDORA'S LITTLE BLACK BOX


PulseScan LONG ENTRY :  

      







Possible IntraDay BreakOut LONG -  98.5900

    Profit Target 101.7367
   Stop Loss/Stop & Reverse  97.9018




INTRADAY PRICE PROJECTIONS
        RESISTANCE  98.3345
        SUPPORT  97.6855

Watch for possible TREND REVERSAL breakout  shorts -  from  96.0500


Swing Vix SHORT ENTRY : 










       




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.