Review of GOLD Spot (XAU USD)
as of Wednesday, June 30, 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 27 white "UP" candles and 21 black "DOWN" candles for a net of 6 white (UP) 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: 8.09
Swing Vix: 8.79
The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 5 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 36 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the last Swing Vix signal, GOLD Spot's price has increased 0.41% , and has ranged from a high of 1,262.4800 to a low of 1,224.6000.
MARKET TREND
Currently the TREND is - Up.
The close is currently Above it's Long Term period moving average.1,084.8550
The close is currently Above it's Intermediate Term period moving average.1,205.9839
The close is currently Above it's Short Term period moving average.1,240.2205
Today's Rally pushed prices on the close above the short term trendline support
TREND STRENGTH
Bullish Strength - Price Projection Target 1,625.3501
VOLATILITY
On 6/30/2010, GOLD Spot closed
below the upper band by 34.0%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
1st PulseWave LONG - 1,249.2255
Profit Target 1,280.4269
Stop Loss/Stop & Reverse 1,239.6487
WARNING - Possible Inside Day/Bullish Retracement pull back from previous high - 1,233.6675
INTRADAY PRICE PROJECTIONS
RESISTANCE 1,244.4337
SUPPORT 1,237.2562
WEEKLY PRICE PROJECTIONS
RESISTANCE 1,262.4800
SUPPORT 1,224.6000
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.
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THE VULCAN REPORT
Review of COMEX Gold FUTURES ETF (GLD)
as of Wednesday, June 30, 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 33 white "UP" candles and 17 black "DOWN" candles for a net of 16 white (UP) candles.
PulseScan Swing Vix Swing Index
PulseScan: 9.42
Swing Vix: 9.96
The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 6 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 32 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 last Swing Vix signal, COMEX Gold FUTURES ETF's price has increased 0.19% , and has ranged from a high of 123.5600 to a low of 119.0300.
MARKET TREND
Currently the TREND is VERY-BULLISH- Up.
The close is currently Above it's Long Term period moving average.106.1900
The close is currently Above it's Intermediate Term period moving average.117.6918
The close is currently Above it's Short Term period moving average.121.3215
Today's Rally pushed prices on the close above the short term trendline support
TREND STRENGTH
Bullish Strength - Price Projection Target 158.3000
VOLATILITY
On 6/30/2010, COMEX Gold FUTURES ETF closed
below the upper band by 31.1%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
1st PulseWave LONG - 122.1324
Profit Target 125.1800
Stop Loss/Stop & Reverse 121.3741
WARNING - Possible Inside Day/Bullish Retracement pull back from previous high - 120.8195
INTRADAY PRICE PROJECTIONS
RESISTANCE 121.8177
SUPPORT 121.1523
WEEKLY PRICE PROJECTIONS
RESISTANCE 123.5600
SUPPORT 119.0300
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.
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THE VULCAN REPORT
Review of Gold Miners ETF (GDX)
as of Wednesday, June 30, 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 22 black "DOWN" candles for a net of 4 white (UP) candles.
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).
PulseScan Swing Vix Swing Index
PulseScan: 11.55
Swing Vix: 13.59
The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 6 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 55 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 last Swing Vix signal, Gold Miners ETF's price has decreased 0.35%, and has ranged from a high of 54.8300 to a low of 51.4200.
MARKET TREND
Currently the TREND is - Up.
The close is currently Above it's Long Term period moving average. 44.7250
The close is currently Above it's Intermediate Term period moving average. 50.0334
The close is currently Below it's Short Term period moving average. 52.3356
TREND STRENGTH
Bullish Consolidation - Long term Trend Line resistance is currently at 55.4000
VOLATILITY
On 6/30/2010, Gold Miners ETF closed
below the upper band by 43.1%.
This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.")
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Possible 1st PulseWave Consolidation Break-Out - 53.1489
Profit Target 55.4267
Stop Loss/Stop & Reverse 52.1551
INTRADAY PRICE PROJECTIONS
RESISTANCE 52.5547
SUPPORT 51.9552
WEEKLY PRICE PROJECTIONS
RESISTANCE 54.8300
SUPPORT 51.4200
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.
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THE VULCAN REPORT
Review of E-mini S&P 500 FUTURES (ES)
as of Wednesday, June 30, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 3 white "UP" candles and 6 black "DOWN" candles for a net of 3 black (DOWN) candles.
During the past 50 bars, there have been 21 white "UP" candles and 28 black "DOWN" candles for a net of 7 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: -28.76
Swing Vix: -22.66
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 6 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 6 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
Since the last Swing Vix signal, E-mini S&P 500 FUTURES's price has decreased 7.47%, and has ranged from a high of 1,118.5000 to a low of 1,028.3300.
MARKET TREND
Currently the TREND is - Down.
The close is currently Below it's Long Term period moving average.1,099.1500
The close is currently Below it's Intermediate Term period moving average.1,111.5554
The close is currently Below it's Short Term period moving average.1,072.0347
TREND STRENGTH
Bearish Consolidation - Long term Trend Line support is currently at 978.5000
VOLATILITY
On 6/30/2010, E-mini S&P 500 FUTURES closed below the lower band by 0.5%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay BreakDown - 1,027.3424
Profit Target 976.4567
Stop Loss/Stop & Reverse 1,040.0154
INTRADAY PRICE PROJECTIONS
RESISTANCE 1,043.6362
SUPPORT 1,032.7737
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 S&P 500 ETF (SPY)
as of Wednesday, June 30, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 1 white "UP" candles and 9 black "DOWN" candles for a net of 8 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.
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: -30.05
Swing Vix: -24.69
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 6 period(s) ago.
The Swing Vix is below -29. This is where it usually forms Support. The Swing Vix usually forms Support 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 6 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
Since the last Swing Vix signal, S&P 500 ETF's price has decreased 5.80%, and has ranged from a high of 111.9000 to a low of 102.8800.
MARKET TREND
Currently the TREND is - Down.
The close is currently Below it's Long Term period moving average.104.5600
The close is currently Below it's Intermediate Term period moving average.111.3152
The close is currently Below it's Short Term period moving average.107.2594
TREND STRENGTH
Bearish Consolidation - Long term Trend Line support is currently at 87.0000
VOLATILITY
On 6/30/2010, S&P 500 ETF closed below the lower band by 1.8%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay BreakDown - 102.7800
Profit Target 97.6600
Stop Loss/Stop & Reverse 104.0633
INTRADAY PRICE PROJECTIONS
RESISTANCE 104.4300
SUPPORT 103.3300
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 Mini Dow Jones FUTURES (YM)
as of Wednesday, June 30, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 3 white "UP" candles and 7 black "DOWN" candles for a net of 4 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.
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: -21.88
Swing Vix: -15.83
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 6 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 6 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
Since the last Swing Vix signal, Mini Dow Jones FUTURES's price has decreased 5.05%, and has ranged from a high of 10,493.5703 to a low of 9,753.8398.
MARKET TREND
Currently the TREND is - Down.
The close is currently Below it's Long Term period moving average.10,187.2549
The close is currently Below it's Intermediate Term period moving average.10,382.2803
The close is currently Below it's Short Term period moving average.10,096.3779
TREND STRENGTH
Bearish Consolidation - Long term Trend Line support is currently at 9,116.5000
VOLATILITY
On 6/30/2010, Mini Dow Jones FUTURES closed
above the lower band by 5.1%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay BreakDown - 9,746.0859
Profit Target 9,347.0195
Stop Loss/Stop & Reverse 9,845.5957
INTRADAY PRICE PROJECTIONS
RESISTANCE 9,874.0273
SUPPORT 9,788.7324
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 30, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 1 white "UP" candles and 9 black "DOWN" candles for a net of 8 black (DOWN) candles.
During the past 50 bars, there have been 20 white "UP" candles and 30 black "DOWN" candles for a net of 10 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: -21.79
Swing Vix: -15.74
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 6 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 6 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
Since the last Swing Vix signal, DOW JONES ETF's price has decreased 5.05%, and has ranged from a high of 104.9400 to a low of 97.5900.
MARKET TREND
Currently the TREND is - Down.
The close is currently Below it's Long Term period moving average. 96.7650
The close is currently Below it's Intermediate Term period moving average.103.9192
The close is currently Below it's Short Term period moving average.101.0304
TREND STRENGTH
Bearish Consolidation - Long term Trend Line support is currently at 80.9600
VOLATILITY
On 6/30/2010, DOW JONES ETF closed
above the lower band by 4.1%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay BreakDown - 97.5130
Profit Target 93.5300
Stop Loss/Stop & Reverse 98.5012
INTRADAY PRICE PROJECTIONS
RESISTANCE 98.7835
SUPPORT 97.9365
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 (NQ)
as of Wednesday, June 30, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 1 white "UP" candles and 8 black "DOWN" candles for a net of 7 black (DOWN) candles.
During the past 50 bars, there have been 19 white "UP" candles and 30 black "DOWN" candles for a net of 11 black (DOWN) candles.
PulseScan Swing Vix Swing Index
PulseScan: -25.48
Swing Vix: -19.45
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 6 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 6 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
Since the last Swing Vix signal, E-mini NASDAQ 100 FUTURES's price has decreased 7.52%, and has ranged from a high of 1,917.2600 to a low of 1,734.9000.
MARKET TREND
Currently the TREND is - Down.
The close is currently Below it's Long Term period moving average.1,727.2000
Today's Sell off pushed prices on the close below the long term trendline resistance
The close is currently Below it's Intermediate Term period moving average.1,877.7645
The close is currently Below it's Short Term period moving average.1,824.0291
TREND STRENGTH
Bearish Consolidation - Long term Trend Line support is currently at 1,394.9000
VOLATILITY
On 6/30/2010, E-mini NASDAQ 100 FUTURES closed below the lower band by 3.5%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay BreakDown - 1,732.8146
Profit Target 1,625.0868
Stop Loss/Stop & Reverse 1,759.5784
INTRADAY PRICE PROJECTIONS
RESISTANCE 1,767.2252
SUPPORT 1,744.2848
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 ETF (QQQQ)
as of Wednesday, June 30, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 0 white "UP" candles and 10 black "DOWN" candles for a net of 10 black (DOWN) candles.
During the past 50 bars, there have been 18 white "UP" candles and 32 black "DOWN" candles for a net of 14 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: -26.03
Swing Vix: -20.01
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 6 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 6 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
Since the last Swing Vix signal, NASDAQ 100 ETF's price has decreased 7.63%, and has ranged from a high of 47.1400 to a low of 42.6400.
MARKET TREND
Currently the TREND is - Down.
The close is currently Below it's Long Term period moving average. 42.4750
The close is currently Below it's Intermediate Term period moving average. 46.1875
The close is currently Below it's Short Term period moving average. 44.8320
TREND STRENGTH
Bearish Consolidation - Long term Trend Line support is currently at 34.3000
VOLATILITY
On 6/30/2010, NASDAQ 100 ETF closed below the lower band by 2.9%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay BreakDown - 42.5885
Profit Target 39.9167
Stop Loss/Stop & Reverse 43.2494
INTRADAY PRICE PROJECTIONS
RESISTANCE 43.4382
SUPPORT 42.8717
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 US Bonds 20yr+ ETF (TLT)
as of Wednesday, June 30, 2010
CHART PATTERNS
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 8 white "UP" candles and 2 black "DOWN" candles for a net of 6 white (UP) candles.
During the past 50 bars, there have been 29 white "UP" candles and 20 black "DOWN" candles for a net of 9 white (UP) candles.
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: 42.72
Swing Vix: 41.58
The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of 9 period(s) ago.
The Swing Vix is above 39. This is where it usually tops. The Swing Vix usually forms tops and bottoms 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 47 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.
Since the last Swing Vix signal, US Bonds 20yr+ ETF's price has increased 3.99% , and has ranged from a high of 101.7900 to a low of 96.4100.
MARKET TREND
Currently the TREND is VERY-BULLISH- Up.
The close is currently Above it's Long Term period moving average. 94.5450
The close is currently Above it's Intermediate Term period moving average. 95.7428
The close is currently Above it's Short Term period moving average. 99.4759
TREND STRENGTH
Bullish Strength - Price Projection Target 116.2800
VOLATILITY
On 6/30/2010, US Bonds 20yr+ ETF closed above the upper band by 8.9%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Possible IntraDay BreakOut - 101.8395
Profit Target 104.4167
Stop Loss/Stop & Reverse 101.2042
INTRADAY PRICE PROJECTIONS
RESISTANCE 101.5672
SUPPORT 101.0228
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.
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THE VULCAN REPORT
Review of US Dollar Index ECN (UUP)
as of Wednesday, June 30, 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 3 black "DOWN" candles for a net of 2 white (UP) candles.
During the past 50 bars, there have been 28 white "UP" candles and 20 black "DOWN" candles for a net of 8 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).
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: -32.44
Swing Vix: -34.15
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of 2 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-Sold Buy 1 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the last Swing Vix signal, US Dollar Index ECN's price has increased 0.40% , and has ranged from a high of 25.1300 to a low of 24.8500.
MARKET TREND
Currently the TREND is Slightly Bullish - - Up.
The close is currently Above it's Long Term period moving average. 23.9250
The close is currently Above it's Intermediate Term period moving average. 24.7644
The close is currently Below it's Short Term period moving average. 25.0413
Today's Sell off pushed prices on the close below the short term trendline resistance
TREND STRENGTH
Bullish Consolidation - Long term Trend Line resistance is currently at 25.8300
VOLATILITY
On 6/30/2010, US Dollar Index ECN closed
above the lower band by 36.7%.
This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.")
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Possible 1st PulseWave Consolidation Break-Out - 25.0953
Profit Target 25.3533
Stop Loss/Stop & Reverse 24.9949
INTRADAY PRICE PROJECTIONS
RESISTANCE 25.0353
SUPPORT 24.9748
WEEKLY PRICE PROJECTIONS
RESISTANCE 25.1600
SUPPORT 24.8200
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.
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THE VULCAN REPORT
Review of NYMEX Crude Oil FUTURES (CL)
as of Wednesday, June 30, 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 25 white "UP" candles and 25 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: 20.46
Swing Vix: 22.89
The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 2 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 6 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 last Swing Vix signal, NYMEX Crude Oil FUTURES's price has decreased 3.35%, and has ranged from a high of 79.3800 to a low of 74.3900.
MARKET TREND
Currently the TREND is - Down.
The close is currently Below it's Long Term period moving average. 72.7350
Today's Sell off pushed prices on the close below the long term trendline resistance
The close is currently Below it's Intermediate Term period moving average. 76.6586
The close is currently Below it's Short Term period moving average. 76.6123
Today's Sell off pushed prices on the close below the short term trendline resistance
TREND STRENGTH
Bearish Consolidation - Long term Trend Line support is currently at 58.3200
VOLATILITY
On 6/30/2010, NYMEX Crude Oil FUTURES closed
above the lower band by 49.5%.
This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.")
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
INTRADAY PRICE PROJECTIONS
RESISTANCE 76.2810
SUPPORT 74.9390
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 ETF - Light Sweet Crude Oil FUTURES (OIH)
as of Wednesday, June 30, 2010
CHART PATTERNS
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 3 white "UP" candles and 7 black "DOWN" candles for a net of 4 black (DOWN) candles.
During the past 50 bars, there have been 18 white "UP" candles and 32 black "DOWN" candles for a net of 14 black (DOWN) candles.
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).
PulseScan Swing Vix Swing Index
PulseScan: -17.58
Swing Vix: -12.55
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 5 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 24 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the last Swing Vix signal, ETF - Light Sweet Crude Oil FUTURES's price has decreased 5.51%, and has ranged from a high of 100.8300 to a low of 93.9300.
MARKET TREND
Currently the TREND is Slightly Bearish - - Down.
The close is currently Below it's Long Term period moving average.111.3850
The close is currently Below it's Intermediate Term period moving average.107.0102
The close is currently Below it's Short Term period moving average. 97.8708
TREND STRENGTH
Bearish Consolidation - Long term Trend Line support is currently at 86.9600
VOLATILITY
On 6/30/2010, ETF - Light Sweet Crude Oil FUTURES closed
above the lower band by 28.6%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay BreakDown - 94.0360
Profit Target 86.1267
Stop Loss/Stop & Reverse 96.0123
INTRADAY PRICE PROJECTIONS
RESISTANCE 96.5770
SUPPORT 94.8830
WEEKLY PRICE PROJECTIONS
RESISTANCE 107.0200
SUPPORT 89.6300
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 AGRIBUS ETF (MOO)
as of Wednesday, June 30, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 2 white "UP" candles and 8 black "DOWN" candles for a net of 6 black (DOWN) candles.
During the past 50 bars, there have been 18 white "UP" candles and 32 black "DOWN" candles for a net of 14 black (DOWN) candles.
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).
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: -18.29
Swing Vix: -12.44
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 6 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 8 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
Since the last Swing Vix signal, AGRIBUS ETF's price has decreased 5.60%, and has ranged from a high of 39.3300 to a low of 36.1700.
MARKET TREND
Currently the TREND is Slightly Bearish - - Down.
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. 39.6982
The close is currently Below it's Short Term period moving average. 37.7080
TREND STRENGTH
Bearish Consolidation - Long term Trend Line support is currently at 31.8100
VOLATILITY
On 6/30/2010, AGRIBUS ETF closed
above the lower band by 7.1%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay BreakDown - 36.1290
Profit Target 34.0033
Stop Loss/Stop & Reverse 36.6552
INTRADAY PRICE PROJECTIONS
RESISTANCE 36.8055
SUPPORT 36.3545
WEEKLY PRICE PROJECTIONS
RESISTANCE 39.3800
SUPPORT 36.1400
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 ETF (JJG)
as of Wednesday, June 30, 2010
CHART PATTERNS
A big white candle occurred. This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area (e.g., a moving average, trendline, or retracement level), the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.
During the past 10 bars, there have been 2 white "UP" candles and 8 black "DOWN" candles for a net of 6 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: -18.05
Swing Vix: -15.56
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 5 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 13 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the last Swing Vix signal, DJUBS GRAINS ETF's price has decreased 0.18%, and has ranged from a high of 35.1100 to a low of 32.4900.
MARKET TREND
Currently the TREND is Slightly Bearish - - Down.
The close is currently Below it's Long Term period moving average. 38.2450
The close is currently Below it's Intermediate Term period moving average. 34.3704
The close is currently Above it's Short Term period moving average. 33.5047
Today's Rally pushed prices on the close above the short term trendline support
TREND STRENGTH
Bearish Consolidation - Long term Trend Line support is currently at 32.3300
VOLATILITY
On 6/30/2010, DJUBS GRAINS ETF closed
below the upper band by 37.8%.
Upper Volatility Band BreakOut - 35.2190
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
WARNING - Possible Inside Day/Bearish Retracement rally off previous low - 35.2190
INTRADAY PRICE PROJECTIONS
RESISTANCE 34.6195
SUPPORT 33.4205
Our Price Action Money Flow indicators are pointing UP possible rally beyond intraday resistance - 35.2190
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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