7/19/2010 - US Bonds - THE VULCAN REPORT Review of US Bonds 20yr+ ETF (TLT) as of Friday, July 16, 2010

THE VULCAN REPORT
Review of US Bonds 20yr+ ETF (TLT)
as of Friday, July 16, 2010

Today's Price Action

Change    0.4900 (0.49%)
Strong Bids into the close.


MARKET SENTIMENT
 
PulseScan Swing Vix

PulseScan:    -16.15
Swing Vix:    -15.91

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    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-Bought Sell  8 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 Bonds 20yr+ ETF's price has increased 0.01% , and has ranged from a high of 101.7500 to a low of 98.1800.

       MOMENTUM

     MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation- The UpTrend is still entact with prices holding above trendline support at-  94.9800.
        TREND STRENGTH - WEAK - RANGE BOUND (Prices have ceased trending and have become consolidated at this time) The market has put in a short term top. This means that the bulls are liquidating long positions thus taking some profit off the table.

TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  94.9800


The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  97.0732
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. -  99.8956

      

         INTRADAY PRICE PROJECTIONS
        RESISTANCE 100.9365
        SUPPORT 100.4635

       WEEKLY PRICE PROJECTIONS
       RESISTANCE 102.6600
       SUPPORT  98.1800

MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 118.0200
Long term Trend Line resistance is currently at - 102.6600
Long term Trend Line support is currently at -  94.9800


BULL MARKET HYPER PARABOLIC CIRCUIT BREAKERS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 164.1000
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 148.7400
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 133.3800


    
       VOLATILITY

On 7/16/2010, US Bonds 20yr+ ETF closed  
below the upper band by 28.9%.




     Pandora's Little Black Box of - (Buy & Sell Signals)

BULL MARKET LONG/SHORT Signals :  
 

3rd PulseWave LONG ENTRY - 102.6600
       Profit Target 103.3133
   Stop Loss/Stop & Reverse 100.2270



WARNING - Inside Day / Bullish Retracement pull back from previous high (Possible Breakdown below) - SHORT ENTRY - 100.2270
   Profit Target  98.1533
   Stop Loss 101.1730


BEAR MARKET LONG/SHORT Signals : 

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.