THE VULCAN REPORT
Review of AGRIBUS ETF (MOO)
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 18 white "UP" candles and 31 black "DOWN" candles for a net of 13 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: 29.48
Swing Vix: 32.34
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 2 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, AGRIBUS ETF's price has been unchanged, and has ranged from a high of 39.3300 to a low of 38.3700.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for AGRIBUS ETF is:
\Bearish
The close is currently Below it's Long Term period moving average. 39.8550
The close is currently Below it's Intermediate Term period moving average. 40.1627
The close is currently Above it's Short Term period moving average. 38.5597
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/22/2010, AGRIBUS ETF closed
below the upper band by 37.4%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay 1st PulseWave Consolidation Break-Down SHORT - 38.2421
Profit Target 35.8133
Stop Loss/Stop & Reverse 38.9380
INTRADAY PRICE PROJECTIONS
RESISTANCE 39.1140
SUPPORT 38.5860
Watch for possible TREND REVERSAL breakout longs - from 39.3800
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 DJUBS GRAINS (JJG)
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 22 white "UP" candles and 26 black "DOWN" candles for a net of 4 black (DOWN) candles.
PulseScan Swing Vix Swing Index
PulseScan: 27.03
Swing Vix: 26.12
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix 9 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-Sold Buy 7 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, DJUBS GRAINS's price has increased 4.57% , and has ranged from a high of 34.9900 to a low of 32.5500.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for DJUBS GRAINS is:
\Bearish
The close is currently Below it's Long Term period moving average. 39.6950
The close is currently Below it's Intermediate Term period moving average. 34.5935
The close is currently Above it's Short Term period moving average. 33.9169
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/22/2010, DJUBS GRAINS closed
below the upper band by 34.3%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay 1st PulseWave Consolidation Break-Down SHORT - 33.7382
Profit Target 33.3267
Stop Loss/Stop & Reverse 34.1998
INTRADAY PRICE PROJECTIONS
RESISTANCE 34.2493
SUPPORT 34.1008
Watch for possible TREND REVERSAL breakout longs - from 34.9900
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 DBA (DBA)
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.
An inverted hammer occurred. If this occurs during a downtrend it implies a reversal. Look for a confirmation of the reversal on the bar.
A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).
A shooting star occurred (a shooting star has a small real body near the bottom of the candle and a long upper shadow). During an uptrend(which appears to be the case with DBA) the long upper shadow indicates that the bears are gaining control and a top may occur.
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: 36.70
Swing Vix: 37.36
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, DBA's price has been unchanged, and has ranged from a high of 24.3300 to a low of 24.1500.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for DBA is:
\Mildly Bearish
The close is currently Below it's Long Term period moving average. 25.4650
The close is currently Above it's Intermediate Term period moving average. 24.1169
The close is currently Above it's Short Term period moving average. 23.8170
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/22/2010, DBA closed
below the upper band by 17.8%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
INTRADAY PRICE PROJECTIONS
RESISTANCE 24.2895
SUPPORT 24.1905
Watch for possible TREND REVERSAL breakout longs - from 23.9900
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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