7/12/2010 - THE VULCAN REPORT

THE VULCAN REPORT
Review of E-mini S&P 500 FUTURES (ES)
as of Friday, July 09, 2010


   Swing Index

PulseScan:    -16.00
Swing Vix:    -20.00

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.
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  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, E-mini S&P 500 FUTURES's price has increased 1.67% , and has ranged from a high of 1,078.1600 to a low of 1,028.5400.


       Momentum

     MARKET TREND - Currently the TREND is VERY-BEARISH- Bearish - DownTrend still entact holding below trendline resistance.


        TREND STRENGTH - Bearish Consolidation (Market is not trending at this time)


Long term Trend Line resistance is currently at - 1,219.8000
Long term Trend Line support is currently at - 978.5000
BEAR MARKET DOWNTREND PRICE TARGET = 737.2000

        INTRADAY PRICE PROJECTIONS
        RESISTANCE 1,075.8965
       SUPPORT 1,070.3635

       WEEKLY PRICE PROJECTIONS
      RESISTANCE 1,131.2300
      SUPPORT 1,010.9100

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. - 1,100.2046
The close is currently Above  it's Short Term period moving average. - 1,060.0286
    

       Volatility

On 7/9/2010, E-mini S&P 500 FUTURES closed  
below the upper band by 49.5%.


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

BUY Signals :  

SELL 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.

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THE VULCAN REPORT
Review of S&P 500 ETF (SPY)
as of Friday, July 09, 2010


   Swing Index

PulseScan:    -15.80
Swing Vix:    -19.87

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.
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  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, S&P 500 ETF's price has increased 1.75% , and has ranged from a high of 107.9700 to a low of 103.0200.


       Momentum

     MARKET TREND - Currently the TREND is VERY-BEARISH- Bearish - DownTrend still entact holding below trendline resistance.


        TREND STRENGTH - Bearish Consolidation (Market is not trending at this time)
Long term Trend Line resistance is currently at - 122.1200
Long term Trend Line support is currently at -  87.0000
BEAR MARKET DOWNTREND PRICE TARGET =  51.8800

INTRADAY PRICE PROJECTIONS
RESISTANCE 107.7360
SUPPORT 107.1640

WEEKLY PRICE PROJECTIONS
 RESISTANCE 113.2000
 SUPPORT 101.1300

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. - 110.1640
The close is currently Above  it's Short Term period moving average. - 106.0816
    

       Volatility

On 7/9/2010, S&P 500 ETF closed  
below the upper band by 49.0%.


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

BUY Signals :  

SELL 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.

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THE VULCAN REPORT
Review of Euro Currency FOREX (EUR/USD)
as of Friday, July 09, 2010


   Swing Index

PulseScan:     41.11
Swing Vix:     40.72

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    4 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-Sold Buy 21 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, Euro Currency FOREX's price has increased 0.81% , and has ranged from a high of 1.2721 to a low of 1.2480.


       Momentum

     MARKET TREND - Currently the TREND is - Bearish KUMO Consolidation (Possible Trend Reversal) Upside Bullish Breakout.


        TREND STRENGTH - - NEUTRAL


Long term Trend Line resistance is currently at -   1.5142
Long term Trend Line support is currently at -   1.1876
BEAR MARKET DOWNTREND PRICE TARGET =   0.8610

        INTRADAY PRICE PROJECTIONS
        RESISTANCE   1.2696
       SUPPORT   1.2635

       WEEKLY PRICE PROJECTIONS
      RESISTANCE   1.2396
      SUPPORT   1.2151

The close is currently Below it's Long Term period moving average. -   1.3509
The close is currently Above  it's Intermediate Term period moving average. -   1.2590
The close is currently Above  it's Short Term period moving average. -   1.2535

  

       Volatility

On 7/9/2010, Euro Currency FOREX closed  
below the upper band by 12.5%.

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 of - (Buy & Sell Signals)

BUY Signals :  

SELL 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.


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THE VULCAN REPORT
Review of US Dollar Yen FOREX (USD/JPY)
as of Friday, July 09, 2010


   Swing Index

PulseScan:    -27.48
Swing Vix:    -29.64

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    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-Sold Buy  4 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s).  This is bullish.

The Swing Vix has set a new 14-period high while the security price has not.  This is a bullish divergence.

        Since the last Swing Vix signal, US Dollar Yen FOREX's price has increased 1.19% , and has ranged from a high of 88.6900 to a low of 86.9700.


       Momentum

     MARKET TREND - Currently the TREND is VERY-BEARISH- Bearish - DownTrend still entact holding below trendline resistance.


        TREND STRENGTH - Bearish Consolidation (Market is not trending at this time)

Long term Trend Line resistance is currently at -  95.0700
Long term Trend Line support is currently at -  84.7800
BEAR MARKET DOWNTREND PRICE TARGET =  74.4900

        INTRADAY PRICE PROJECTIONS
        RESISTANCE  88.6000
       SUPPORT  88.3800

       WEEKLY PRICE PROJECTIONS
      RESISTANCE  92.1000
      SUPPORT  86.9700

The close is currently Below it's Long Term period moving average. -  89.9250
The close is currently Below  it's Intermediate Term period moving average. -  90.4789
The close is currently Above  it's Short Term period moving average. -  88.4112
Today's Rally pushed prices on the close above the short term trendline support

       Volatility

On 7/9/2010, US Dollar Yen FOREX closed  
above the lower band by 36.6%.
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 of - (Buy & Sell Signals)

BUY Signals :  
SELL Signals : 

1st PulseWave SHORT ENTRY -  88.0193,
    Profit Target  87.3367
   Stop Loss/Stop & Reverse  88.7100

3rd PulseWave SHORT ENTRY -  88.2300
   Profit Target  87.3367
   Stop Loss/Stop & Reverse  88.7100


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 Spot (XAU USD)
as of Friday, July 09, 2010


   Swing Index

PulseScan:    -31.56
Swing Vix:    -32.32

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    0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days
 

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 43 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 been unchanged, and has ranged from a high of 1,213.5800 to a low of 1,194.2400.


       Momentum

     MARKET TREND - Currently the TREND is - Bullish KUMO Consolidation (Possible Trend Reversal) Downside Bearish Breakout.


        TREND STRENGTH - - NEUTRAL

BULL MARKET UPTREND PRICE TARGET = 1,623.4000
Long term Trend Line resistance is currently at - 1,265.0200
Long term Trend Line support is currently at - 906.6400


        INTRADAY PRICE PROJECTIONS
        RESISTANCE 1,209.2284
       SUPPORT 1,198.5914

       WEEKLY PRICE PROJECTIONS
      RESISTANCE 1,262.4800
      SUPPORT 1,184.8000

The close is currently Above it's Long Term period moving average. - 1,085.8301
The close is currently Below  it's Intermediate Term period moving average. - 1,205.3523
The close is currently Below  it's Short Term period moving average. - 1,212.2108

       Volatility

On 7/9/2010, GOLD Spot closed  
above the lower band by 27.9%.
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 of - (Buy & Sell Signals)

BUY Signals :  
SELL 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.


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THE VULCAN REPORT
Review of COMEX Gold FUTURES ETF (GLD)
as of Friday, July 09, 2010


   Swing Index

PulseScan:    -31.90
Swing Vix:    -32.79

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    0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days
 

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 38 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, COMEX Gold FUTURES ETF's price has been unchanged, and has ranged from a high of 118.7300 to a low of 118.0000.


       Momentum

     MARKET TREND - Currently the TREND is - Bullish - UpTrend still entact holding above trendline support.


        TREND STRENGTH - TRENDING Bullish Strength

BULL MARKET UPTREND PRICE TARGET = 158.3000
Long term Trend Line resistance is currently at - 123.5600
Long term Trend Line support is currently at -  88.8200


        INTRADAY PRICE PROJECTIONS
        RESISTANCE 118.5658
       SUPPORT 118.1643

       WEEKLY PRICE PROJECTIONS
      RESISTANCE 123.5600
      SUPPORT 116.1000

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. - 117.6694
The close is currently Below  it's Short Term period moving average. - 118.7390
   

       Volatility

On 7/9/2010, COMEX Gold FUTURES ETF closed  
above the lower band by 26.8%.


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

BUY Signals :   

       1st PulseWave LONG ENTRY- 119.4727
    Profit Target 120.5534
   Stop Loss/Stop & Reverse 117.9635


SELL 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.


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THE VULCAN REPORT
Review of SILVER Spot (XAG USD)
as of Friday, July 09, 2010


   Swing Index

PulseScan:    -29.59
Swing Vix:    -31.16

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.
 

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 68 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, SILVER Spot's price has increased 0.72% , and has ranged from a high of 18.2000 to a low of 17.7000.


       Momentum

     MARKET TREND - Currently the TREND is - Bearish - DownTrend still entact holding below trendline resistance.


        TREND STRENGTH - Bearish Consolidation (Market is not trending at this time)

BULL MARKET UPTREND PRICE TARGET =  27.1800
Long term Trend Line resistance is currently at -  19.8000
Long term Trend Line support is currently at -  12.4200


        INTRADAY PRICE PROJECTIONS
        RESISTANCE  18.1077
        SUPPORT  17.8823

       WEEKLY PRICE PROJECTIONS
       RESISTANCE  19.2200
      SUPPORT  17.5300

The close is currently Above it's Long Term period moving average. -  16.1100
The close is currently Below  it's Intermediate Term period moving average. -  18.2012
The close is currently Below  it's Short Term period moving average. -  18.1016
 
       Volatility

On 7/9/2010, SILVER Spot closed  
above the lower band by 31.7%.


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

BUY Signals :   
 
SELL Signals : 

3rd PulseWave SHORT ENTRY -  17.4000
   Profit Target  16.7933
   Stop Loss/Stop & Reverse  18.2205


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 SILVER ETF (SLV)
as of Friday, July 09, 2010


   Swing Index

PulseScan:    -30.78
Swing Vix:    -31.76

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    0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days
 

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 58 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, SILVER ETF's price has been unchanged, and has ranged from a high of 17.8500 to a low of 17.6500.


       Momentum

     MARKET TREND - Currently the TREND is - Bullish KUMO Consolidation (Possible Trend Reversal) Downside Bearish Breakout- Bearish - DownTrend still entact holding below trendline resistance.


        TREND STRENGTH - Bearish Consolidation (Market is not trending at this time)- NEUTRAL

BULL MARKET UPTREND PRICE TARGET =  26.6100
Long term Trend Line resistance is currently at -  19.4400
Long term Trend Line support is currently at -  12.2700


        INTRADAY PRICE PROJECTIONS
        RESISTANCE  17.8050
       SUPPORT  17.6950

       WEEKLY PRICE PROJECTIONS
       RESISTANCE  18.8500
       SUPPORT  17.2400

The close is currently Above it's Long Term period moving average. -  15.8550
The close is currently Below  it's Intermediate Term period moving average. -  17.8155
The close is currently Below  it's Short Term period moving average. -  17.7894

       Volatility

On 7/9/2010, SILVER ETF closed  
above the lower band by 29.8%.


HIGH VOLATILITY ALERT - Breakout of Upper Volatility Band occurred


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

BUY Signals :  
 
SELL Signals : 

1st PulseWave SHORT ENTRY -  17.6213,
    Profit Target  17.1433
   Stop Loss/Stop & Reverse  17.8600

3rd PulseWave SHORT ENTRY -  17.0500
   Profit Target  17.1433
   Stop Loss/Stop & Reverse  17.8600


WARNING  - Inside Day / Bearish Retracement rally off previous low (Possible Breakout above) - LONG ENTRY-  17.8600
   Profit Target  18.3433
   Stop Loss  17.7317

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 Friday, July 09, 2010


   Swing Index

PulseScan:     13.80
Swing Vix:     17.65

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.
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  3 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 decreased 1.56%, and has ranged from a high of 101.7500 to a low of 99.1800.


       Momentum

     MARKET TREND - Currently the TREND is VERY-BULLISH- Bullish - UpTrend still entact holding above trendline support.


        TREND STRENGTH - TRENDING Bullish Strength

BULL MARKET UPTREND PRICE TARGET = 118.0200
Long term Trend Line resistance is currently at - 102.6600
Long term Trend Line support is currently at -  87.3000

        INTRADAY PRICE PROJECTIONS
        RESISTANCE  99.5365
        SUPPORT  99.2835

       WEEKLY PRICE PROJECTIONS
       RESISTANCE 102.6600
       SUPPORT 100.1600

The close is currently Above it's Long Term period moving average. -  94.9800
The close is currently Above  it's Intermediate Term period moving average. -  96.6106
The close is currently Below  it's Short Term period moving average. - 100.0544
 
       Volatility

On 7/9/2010, US Bonds 20yr+ ETF closed  
below the upper band by 48.6%.

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

BUY Signals :   
 
3rd PulseWave LONG ENTRY - 100.0000
       Profit Target 100.7267
   Stop Loss/Stop & Reverse  99.1570

Possible 1st PulseWave Consolidation Break-Out LONG ENTRY- 100.5252
    Profit Target 100.7267
   Stop Loss  99.1570

SELL 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.




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THE VULCAN REPORT
Review of US Dollar Index ECN (UUP)
as of Friday, July 09, 2010


   Swing Index

PulseScan:    -41.88
Swing Vix:    -41.24

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    2 period(s) ago. The Swing Vix is below -39.  This is where it usually bottoms.  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-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 last Swing Vix signal, US Dollar Index ECN's price has increased 0.12% , and has ranged from a high of 24.4900 to a low of 24.3600.


       Momentum

     MARKET TREND - Currently the TREND is - Bullish KUMO Consolidation (Possible Trend Reversal) Downside Bearish Breakout- Bearish - DownTrend still entact holding below trendline resistance.


        TREND STRENGTH - Bearish Consolidation (Market is not trending at this time)- NEUTRAL

BULL MARKET UPTREND PRICE TARGET =  29.6400
Long term Trend Line resistance is currently at -  25.8300
Long term Trend Line support is currently at -  22.0200

        INTRADAY PRICE PROJECTIONS
        RESISTANCE  24.4387
        SUPPORT  24.4112

       WEEKLY PRICE PROJECTIONS
      RESISTANCE  25.1300
   SUPPORT  24.8200

The close is currently Above it's Long Term period moving average. -  23.9250
The close is currently Below  it's Intermediate Term period moving average. -  24.7124
The close is currently Below  it's Short Term period moving average. -  24.6341
 
       Volatility

On 7/9/2010, US Dollar Index ECN closed  
above the lower band by 12.2%.
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.

HIGH VOLATILITY ALERT - Breakout of Upper Volatility Band occurred

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

BUY Signals :   
 
SELL 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.


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THE VULCAN REPORT
Review of NYMEX Crude Oil FUTURES (CL)
as of Friday, July 09, 2010


   Swing Index

PulseScan:    -16.42
Swing Vix:    -19.68

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 12 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, NYMEX Crude Oil FUTURES's price has increased 0.86% , and has ranged from a high of 76.4800 to a low of 74.3800.


       Momentum

     MARKET TREND - Currently the TREND is - Bullish - UpTrend still entact holding above trendline support- Bearish KUMO Consolidation (Possible Trend Reversal) Upside Bullish Breakout.


        TREND STRENGTH - Bullish Consolidation (Maket is not trending at this time)- NEUTRAL

BULL MARKET UPTREND PRICE TARGET = 115.9800
Long term Trend Line resistance is currently at -  87.1500
Long term Trend Line support is currently at -  58.3200




        INTRADAY PRICE PROJECTIONS
        RESISTANCE  76.1470
        SUPPORT  75.3330

       WEEKLY PRICE PROJECTIONS
      RESISTANCE  79.3800
      SUPPORT  71.0900

The close is currently Above it's Long Term period moving average. -  72.7350
Today's Rally pushed prices on the close above the long term trendline support
The close is currently Below  it's Intermediate Term period moving average. -  76.1505
The close is currently Above  it's Short Term period moving average. -  74.9637
 
       Volatility

On 7/9/2010, NYMEX Crude Oil FUTURES closed  
below the upper band by 46.7%.

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

BUY Signals :   
 
SELL 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.




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THE VULCAN REPORT
Review of ETF - Light Sweet Crude Oil  FUTURES (OIH)
as of Friday, July 09, 2010


   Swing Index

PulseScan:      1.11
Swing Vix:     -3.99

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    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-Sold Buy 30 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 increased 1.39% , and has ranged from a high of 103.3900 to a low of 97.9500.


       Momentum
     MARKET TREND - Currently the TREND is Slightly Bearish - - Bearish - DownTrend still entact holding below trendline resistance.


        TREND STRENGTH - Bearish Consolidation (Maket is not trending at this time)

Long term Trend Line resistance is currently at - 135.8100
Long term Trend Line support is currently at -  86.9600
BEAR MARKET DOWNTREND PRICE TARGET =  38.1100

        INTRADAY PRICE PROJECTIONS
        RESISTANCE 102.9360
       SUPPORT 102.1440

       WEEKLY PRICE PROJECTIONS
      RESISTANCE 107.0200
      SUPPORT  93.3600

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. - 105.7069
The close is currently Above  it's Short Term period moving average. -  99.7874
  
   Volatility

On 7/9/2010, ETF - Light Sweet Crude Oil  FUTURES closed  
below the upper band by 24.1%.

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 of - (Buy & Sell Signals)

BUY Signals :   
 
SELL 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.




=====================================================================


THE VULCAN REPORT
Review of AGRIBUS ETF (MOO)
as of Friday, July 09, 2010


   Swing Index

PulseScan:     -4.22
Swing Vix:    -10.24

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.
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 14 period(s) Ago.

The Swing Vix does not currently show any Failure Swings.
The security price has set a new 14-period high while the Swing Vix has not.  This is a bearish divergence.

        Since the last Swing Vix signal, AGRIBUS ETF's price has increased 3.71% , and has ranged from a high of 39.1400 to a low of 36.4800.


       Momentum

     MARKET TREND - Currently the TREND is - Bearish KUMO Consolidation (Possible Trend Reversal) Upside Bullish Breakout.


        TREND STRENGTH - - NEUTRAL

Long term Trend Line resistance is currently at -  47.9000
Long term Trend Line support is currently at -  31.8100
BEAR MARKET DOWNTREND PRICE TARGET =  15.7200

        INTRADAY PRICE PROJECTIONS
        RESISTANCE  38.9510
       SUPPORT  38.4890

       WEEKLY PRICE PROJECTIONS
       RESISTANCE  39.3800
       SUPPORT  35.6200

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. -  39.2894
The close is currently Above  it's Short Term period moving average. -  37.7400
 
       Volatility

On 7/9/2010, AGRIBUS ETF closed  
below the upper band by 24.2%.

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

BUY Signals :   
 
SELL 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.




==========================================================================


THE VULCAN REPORT
Review of DJUBS GRAINS ETF (JJG)
as of Friday, July 09, 2010


   Swing Index

PulseScan:     39.42
Swing Vix:     36.09

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    5 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-Sold Buy 19 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s).  This is bullish.

The Swing Vix has set a new 14-period high while the security price has not.  This is a bullish divergence.

        Since the last Swing Vix signal, DJUBS GRAINS ETF's price has increased 5.36% , and has ranged from a high of 36.5000 to a low of 33.5800.


       Momentum

     MARKET TREND - Currently the TREND is - Bullish - UpTrend still entact holding above trendline support- Bearish KUMO Consolidation (Possible Trend Reversal) Upside Bullish Breakout.


        TREND STRENGTH - Bullish Consolidation (Maket is not trending at this time)- NEUTRAL

Long term Trend Line resistance is currently at -  42.6700
Long term Trend Line support is currently at -  32.3300
BEAR MARKET DOWNTREND PRICE TARGET =  21.9900

        INTRADAY PRICE PROJECTIONS
        RESISTANCE  36.3920
       SUPPORT  36.1280

       WEEKLY PRICE PROJECTIONS
      RESISTANCE  34.9900
      SUPPORT  32.4900

The close is currently Below it's Long Term period moving average. -  37.5000
The close is currently Above  it's Intermediate Term period moving average. -  34.5527
The close is currently Above  it's Short Term period moving average. -  34.9679
 
       Volatility

On 7/9/2010, DJUBS GRAINS ETF closed   above the upper band by 4.9%.


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 of - (Buy & Sell Signals)

BUY Signals :   
 
SELL 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.