THE VULCAN REPORT
Review of Mini Dow Jones FUTURES (YM)
as of Tuesday, June 22, 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 4 black "DOWN" candles for a net of 2 white (UP) candles.
During the past 50 bars, there have been 25 white "UP" candles and 25 black "DOWN" candles.
PulseScan Swing Vix Swing Index
PulseScan: 36.34
Swing Vix: 38.61
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 0 period(s) ago.
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 0 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's price has been unchanged, and has ranged from a high of 10,493.5703 to a low of 10,283.4004.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for Mini Dow Jones is:
Bullish\
The close is currently Above it's Long Term period moving average.10,136.0547
The close is currently Below it's Intermediate Term period moving average.10,455.1289
The close is currently Above it's Short Term period moving average.10,303.3652
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/22/2010, Mini Dow Jones closed
below the upper band by 35.0%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay 1st PulseWave Consolidation Break-Down SHORT - 10,236.1162
Profit Target 9,726.3203
Stop Loss/Stop & Reverse 10,407.7510
INTRADAY PRICE PROJECTIONS
RESISTANCE 10,446.2822
SUPPORT 10,330.6885
Watch for possible TREND REVERSAL breakout longs - from 10,594.1602
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 Tuesday, June 22, 2010
CHART PATTERNS
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 25 white "UP" candles and 24 black "DOWN" candles for a net of 1 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).
PulseScan Swing Vix Swing Index
PulseScan: 38.86
Swing Vix: 39.87
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 0 period(s) ago.
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 0 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's price has been unchanged, and has ranged from a high of 1,118.5000 to a low of 1,094.1801.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for E-mini S&P 500 is:
Bullish\
The close is currently Above it's Long Term period moving average.1,094.2500
The close is currently Below it's Intermediate Term period moving average.1,122.1515
The close is currently Above it's Short Term period moving average.1,103.8406
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/22/2010, E-mini S&P 500 closed
below the upper band by 22.4%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay 1st PulseWave Consolidation Break-Down SHORT - 1,093.4838
Profit Target 1,035.9001
Stop Loss/Stop & Reverse 1,108.5695
INTRADAY PRICE PROJECTIONS
RESISTANCE 1,113.0281
SUPPORT 1,099.6521
Watch for possible TREND REVERSAL breakout longs - from 1,131.2300
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 SPY - S&P 500 ETF (SPY)
as of Tuesday, June 22, 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 25 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: 33.02
Swing Vix: 35.64
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 0 period(s) ago.
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 0 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, SPY - S&P 500 ETF's price has been unchanged, and has ranged from a high of 111.9000 to a low of 109.4100.
MARKET TREND
Currently the TREND is - Down.
Today's Trend Momentum reading for SPY - S&P 500 ETF is:
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.112.3888
The close is currently Above it's Short Term period moving average.110.5583
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/22/2010, SPY - S&P 500 ETF closed
below the upper band by 46.6%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay BreakDown SHORT - 109.2855
Profit Target 102.8233
Stop Loss/Stop & Reverse 110.8832
INTRADAY PRICE PROJECTIONS
RESISTANCE 111.3397
SUPPORT 109.9703
Watch for possible TREND REVERSAL breakout longs - from 113.2000
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 $NDX - E-mini NASDAQ 100 FUTURES ($NDX)
as of Tuesday, June 22, 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 23 white "UP" candles and 27 black "DOWN" candles for a net of 4 black (DOWN) candles.
PulseScan Swing Vix Swing Index
PulseScan: 33.58
Swing Vix: 35.26
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 0 period(s) ago.
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 0 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, $NDX's price has been unchanged, and has ranged from a high of 1,917.2600 to a low of 1,877.9700.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for $NDX is:
Very Bullish\
The close is currently Above it's Long Term period moving average.1,727.2000
The close is currently Above it's Intermediate Term period moving average.1,891.9829
The close is currently Above it's Short Term period moving average.1,873.7103
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/22/2010, $NDX closed
below the upper band by 33.6%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay 1st PulseWave Consolidation Break-Down SHORT - 1,863.6724
Profit Target 1,774.0532
Stop Loss/Stop & Reverse 1,901.2166
INTRADAY PRICE PROJECTIONS
RESISTANCE 1,908.4198
SUPPORT 1,886.8102
Watch for possible TREND REVERSAL breakout longs - from 1,939.7700
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 NASDAQ 100 (QQQQ)
as of Tuesday, June 22, 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 21 white "UP" candles and 27 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: 33.06
Swing Vix: 34.50
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 0 period(s) ago.
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 0 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's price has been unchanged, and has ranged from a high of 47.1400 to a low of 46.1500.
MARKET TREND
Currently the TREND is Bearish-Retracement.
Today's Trend Momentum reading for NASDAQ 100 is:
Very Bullish\
The close is currently Above it's Long Term period moving average. 42.4750
The close is currently Above it's Intermediate Term period moving average. 46.5435
The close is currently Above it's Short Term period moving average. 46.0603
Trend Strength
VOLATILITY
On 6/22/2010, NASDAQ 100 closed
below the upper band by 33.9%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
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.
PulseWave Trading "Trigger Trade System" Daily Stock,Forex & Futures Analysis and Commentary.
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