7/21/2010 - TLT - THE VULCAN REPORT Review of US Bonds 20yr+ ETF (TLT) as of Tuesday, July 20, 2010
THE VULCAN REPORT
Review of US Bonds 20yr+ ETF (TLT)
as of Tuesday, July 20, 2010
Today's Price Action
Change 0.1500 (0.15%)
Weak Bids into the close.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: -5.08
Swing Vix: -8.25
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 1 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 10 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 0.15% , and has ranged from a high of 100.9000 to a low of 99.9800.
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. - 97.2785
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 100.0169
INTRADAY PRICE PROJECTIONS
RESISTANCE 100.7380
SUPPORT 100.3420
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 7/20/2010, US Bonds 20yr+ ETF closed
below the upper band by 42.2%.
IN PLAY - (PANDORA'S LITTLE BLACK BOX)
BULL MARKET LONG/SHORT Signals :
2ND 3rd PulseWave LONG ENTRY - 102.6600
Profit Target 118.0200
Stop Loss/Stop & Reverse 100.1440
WARNING - Possible Upper Volatility Band BreakOut
1ST LONG ENTRY - 100.9360
Profit Target 102.6300
Stop Loss 100.14403rd PulseWave
Risk Disclosure
Risk Disclosure
Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.
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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