7/26/2010 - JJG - THE VULCAN REPORT Review of DJUBS GRAINS ETF (JJG) as of Friday, July 23, 2010

THE VULCAN REPORT
Review of DJUBS GRAINS ETF (JJG)
as of Friday, July 23, 2010


Today's Price Action


Change   -0.2500 (-0.67%) prices closed lower than they opened. with weak Bids going into the close. 


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:     29.22
Swing Vix:     31.19


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    4 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 last Swing Vix signal, DJUBS GRAINS ETF's price has decreased 0.05%, and has ranged from a high of 38.1000 to a low of 36.7600.


     MOMENTUM


     MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. -  37.5000
Today's Sell off pushed prices on the close below the long term trendline support - This is Bearish as the market is now under heavy Distribution.
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  35.3004 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. -  36.9717 




INTRADAY PRICE PROJECTIONS
RESISTANCE  37.5190
SUPPORT  37.3210


WEEKLY PRICE PROJECTIONS
RESISTANCE  38.1000
SUPPORT  36.7600


VOLATILITY
On 7/23/2010, DJUBS GRAINS ETF closed   
below the upper band by 28.7%.
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.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


3rd PulseWave LONG ENTRY -  38.2400
       Profit Target  53.0100 
   Stop Loss/Stop & Reverse  37.2220


SHORT Signals :  
     
 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. 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. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. 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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