WIKILEAKS NEXT VICTIM - BANK OF AMERICA FRAUD EXPOSED
PulseWave Trading "Trigger Trade System" Daily Stock,Forex & Futures Analysis and Commentary.
Tuesday, November 30, 2010
11/30/2010 - WIKILEAKS NEXT VICTIM - BANK OF AMERICA FRAUD EXPOSED
WIKILEAKS NEXT VICTIM - BANK OF AMERICA FRAUD EXPOSED
11/30/2010 - Wikileaks to expose worldwide financial swindles
Wikileaks to expose worldwide financial swindles
No comment.
When will it happen?
Early next year. I won’t say more.
What do you want to be the result of this release?
[Pauses] I’m not sure.
It will give a true and representative insight into how banks behave at the executive level in a way that will stimulate investigations and reforms, I presume.
Usually when you get leaks at this level, it’s about one particular case or one particular violation. For this, there’s only one similar example. It’s like the Enron emails. Why were these so valuable? When Enron collapsed, through court processes, thousands and thousands of emails came out that were internal, and it provided a window into how the whole company was managed. It was all the little decisions that supported the flagrant violations.
This will be like that. Yes, there will be some flagrant violations, unethical practices that will be revealed, but it will also be all the supporting decision-making structures and the internal executive ethos that cames out, and that’s tremendously valuable. Like the Iraq War Logs, yes there were mass casualty incidents that were very newsworthy, but the great value is seeing the full spectrum of the war.
You could call it the ecosystem of corruption. But it’s also all the regular decision making that turns a blind eye to and supports unethical practices: the oversight that’s not done, the priorities of executives, how they think they’re fulfilling their own self-interest. The way they talk about it. Go to bottom to read the entire transcript.
Exaggerated reactions
Touted phrases like “Threats to national security” & the “endangering of lives” are basically the exaggerated reactions of governments that aren’t facing up to the facts. This information being leaked is simply that: information. It’s detailing the actions & behavior of foreign policy administrators & thus national governments when addressing the issues of global politics that have essentially created the world as it is today.
Democracy & justice are ideals established in the classic political philosophy of antiquity & now the so-called democracies of the world are condemning the leak of information that highlights their ineptitude in this regard. With respect to American foreign policy & thus the adopted policies of its allies – Canada being one of them – there are countless populations on the planet that have had their own “national security” threatened & left millions of lives in danger precisely by these policies & actions laid out in the wiki-leaks so who is to blame really?
This is simply information that shouldn’t be condemned but used to raise the question of just how democratic the Western democracies of the world really are. Perhaps then they can return to the noble constitutions of democracy we all claim to hold dear.
Democracies demand citizens’ educated/continuous political participation & I think it’s pretty clear that our populations aren’t exactly upholding that end of the bargain, leading to the perception of cavalier recklessness we all see in our politicians because what consequences are there really to keep them in check?
This information is a resource to help encourage that effective public, political participation & just reform; it won’t bring down governments on its own, it needs the action of thinking people to make it relevant or useful.
Resources:
Full Wikileaks transcript
http://www.thecomingdepression.net/main-street/scams/wikileaks-to-expose-worldwide-financial-swindles/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed:+Thecomingdepressiondotnet+(TheComingDepression.net)
“Next up for the international web site operator Julian Assange, who has been condemned by many as an Enemy of the State: Assange intends to bring down a major financial institution.” — Mac Slavo
What is tremendously comical is all the propaganda that politicians keep feeding us year after year and we pretend we believe them. They play their little game for the cameras and we the people laugh at every word they utter pretending we don’t know every single one of them are lying through their teeth. These Wikileaks are nothing more than that phony pretense being lifted a little. What we (the little people) see coming from politicians is nothing but a delusional illusion, created for mass televised consumption of a blind public that approaches the reality level of Jersey Shore or Sarah Palin’s Alaska.
When it comes to political honesty, we are trying to look into a very deep dark pond and all we see is the very surface reflection of what the politicians are flashing above our heads reflecting off the pond as we gaze with blissful ignorance. Everything below the surface, where the truth lay is so distorted by the lies we are being told it is verboten for common people.
The following interview excerpt was conducted by Andy Greenberg of Forbes. The interviewee is Julian Assange, founder of Wikileaks.
You’ve been focused on the U.S. military mostly in the last year. Does that mean you have private sector-focused leaks in the works?
You’ve been focused on the U.S. military mostly in the last year. Does that mean you have private sector-focused leaks in the works?
Yes. If you think about it, we have a publishing pipeline that’s increasing linearly, and an exponential number of leaks, so we’re in a position where we have to prioritize our resources so that the biggest impact stuff gets released first.
So do you have very high impact corporate stuff to release then?
Yes, but maybe not as high impact…I mean, it could take down a bank or two.
That sounds like high impact.
But not as big an impact as the history of a whole war. But it depends on how you measure these things.
These megaleaks, as you call them that, we haven’t seen any of those from the private sector.
No, not at the same scale for the military.
Will we?
Yes. We have one related to a bank coming up, that’s a megaleak. It’s not as big a scale as the Iraq material, but it’s either tens or hundreds of thousands of documents depending on how you define it.
Is it a U.S. bank?
Yes, it’s a U.S. bank.
One that still exists?
Yes, a big U.S. bank.
The biggest U.S. bank?
When will it happen?
Early next year. I won’t say more.
What do you want to be the result of this release?
[Pauses] I’m not sure.
It will give a true and representative insight into how banks behave at the executive level in a way that will stimulate investigations and reforms, I presume.
Usually when you get leaks at this level, it’s about one particular case or one particular violation. For this, there’s only one similar example. It’s like the Enron emails. Why were these so valuable? When Enron collapsed, through court processes, thousands and thousands of emails came out that were internal, and it provided a window into how the whole company was managed. It was all the little decisions that supported the flagrant violations.
This will be like that. Yes, there will be some flagrant violations, unethical practices that will be revealed, but it will also be all the supporting decision-making structures and the internal executive ethos that cames out, and that’s tremendously valuable. Like the Iraq War Logs, yes there were mass casualty incidents that were very newsworthy, but the great value is seeing the full spectrum of the war.
You could call it the ecosystem of corruption. But it’s also all the regular decision making that turns a blind eye to and supports unethical practices: the oversight that’s not done, the priorities of executives, how they think they’re fulfilling their own self-interest. The way they talk about it. Go to bottom to read the entire transcript.
Exaggerated reactions
Touted phrases like “Threats to national security” & the “endangering of lives” are basically the exaggerated reactions of governments that aren’t facing up to the facts. This information being leaked is simply that: information. It’s detailing the actions & behavior of foreign policy administrators & thus national governments when addressing the issues of global politics that have essentially created the world as it is today.
Democracy & justice are ideals established in the classic political philosophy of antiquity & now the so-called democracies of the world are condemning the leak of information that highlights their ineptitude in this regard. With respect to American foreign policy & thus the adopted policies of its allies – Canada being one of them – there are countless populations on the planet that have had their own “national security” threatened & left millions of lives in danger precisely by these policies & actions laid out in the wiki-leaks so who is to blame really?
This is simply information that shouldn’t be condemned but used to raise the question of just how democratic the Western democracies of the world really are. Perhaps then they can return to the noble constitutions of democracy we all claim to hold dear.
Democracies demand citizens’ educated/continuous political participation & I think it’s pretty clear that our populations aren’t exactly upholding that end of the bargain, leading to the perception of cavalier recklessness we all see in our politicians because what consequences are there really to keep them in check?
This information is a resource to help encourage that effective public, political participation & just reform; it won’t bring down governments on its own, it needs the action of thinking people to make it relevant or useful.
Resources:
Full Wikileaks transcript
http://www.thecomingdepression.net/main-street/scams/wikileaks-to-expose-worldwide-financial-swindles/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed:+Thecomingdepressiondotnet+(TheComingDepression.net)
11/30/2010 - Financial advisors are scammers; do your own investing
Financial advisors are scammers; do your own investing
Edward Jones is a company that comes to mind as one with a shady history and past. Having been caught in a few controversies in their time, it would be advisable to avoid them. It’s not only because of these controversies, but it’s also because the majority of their so called financial advisors had previous careers where many of them were in non-finance related ones at that.
The Securities and Exchange Commission, NASD and the NYSE fined Edward D. Jones & Co. $75 million for allegations of failures to supervise, maintain records and to adequately disclose revenue sharing payments that it received from a select group of mutual fund families it and its representatives recommended to its customers.
The firm was was also censured and required to disclose on its Web site information regarding revenue sharing payments and hire an independent consultant to review and make recommendations about the adequacy of Edward Jones’ disclosures.
The biggest drawback to working with Edward Jones is that it’s very much competitive. They hire tons of people knowing that 80% of them won’t work out (and they keep the clients from the cast offs).
The biggest drawback to having an EJ advisor is that they were far more likely to be doing something completely unrelated as little as a year ago, and may very well not be an advisor in a year’s time. They also go the same route as Investors Group and shackle you to them via Defered Sales Charge fees.
In Canada, white collar crime pays. Not only that, but drug crimes pay, pretty much every type of crime pays and this is why criminals come here from Asia, Eastern Europe, South America; because the entire world knows Canada is soft on crime (this is documented).
That is why, is spite of an extradition treaty, the USA now refuses to return Canadians convicted of drug offences back to Canada to “serve out their sentences”. The reason is the Canadian system is one of rehabilitation. All the measures of success are measures of rehabilitation. So people get released as “rehabilitated” so that those in the system measure up well.
Before you call this information “conspiracy theory” or throw it out all together, try volunteering for the John Howard Society or as a Civilian member of a parole board. It will become obvious to you pretty quickly where the problem lies — in the justice system. Indeed, it seems to favor the criminals. The solution is easy. Split the system in 3: Punishment, Reparations, Rehabilitation.
Sentence offenders to all 3 phases: A Punishment phase that MUST be served in full – no parole, no time served, do the crime serve the time; A Reparations phase where they repay the victims of the crime and full repairations MUST be made – no shortucts, pay back the victims of your crime in FULL; A Rehabilitation phase – the current system of programs – programs MUST be taken, inmates that refuse to take programs stay in prision until they change their minds.
Bottom line is that it’s up to each person to do the research and invest wisely. Small amounts in high risk, large amounts in relatively safe, and don’t put all your money on one place. Common sense.
http://www.thecomingdepression.net/main-street/poverty/financial-advisors-are-scammers-do-your-own-investing/
Financial advisors are the clowns who are making huge profits off of your money no matter which way the market goes. A very small percentage of these “professionals” could not even predict the crash which happened (it was easy to see coming because of de-industrialization). Now they are pushing for investors to throw more into the stock market saying it’s a great time to buy. No matter how much any stock is, there are people buying and selling, putting commissions into the pockets of these middle men. How do they sleep at night when they steal hard earned money from people.
It seems the big lesson to everyone here is to make sure your investment “company” is licensed and regulated. Better yet, maybe stick with banks because the return may be lower, but you’ll still have the principal. Even then you have to be careful because the training to become a financial “adviser” is about a week, they learn to “sell” the latest fad the bank is offering, and usually independent thought is discouraged. They’ve all become sales oriented.
Edward Jones Fined $75 Million for Funds Fraud
The Securities and Exchange Commission, NASD and the NYSE fined Edward D. Jones & Co. $75 million for allegations of failures to supervise, maintain records and to adequately disclose revenue sharing payments that it received from a select group of mutual fund families it and its representatives recommended to its customers.
The firm was was also censured and required to disclose on its Web site information regarding revenue sharing payments and hire an independent consultant to review and make recommendations about the adequacy of Edward Jones’ disclosures.
The biggest drawback to working with Edward Jones is that it’s very much competitive. They hire tons of people knowing that 80% of them won’t work out (and they keep the clients from the cast offs).
The biggest drawback to having an EJ advisor is that they were far more likely to be doing something completely unrelated as little as a year ago, and may very well not be an advisor in a year’s time. They also go the same route as Investors Group and shackle you to them via Defered Sales Charge fees.
In Canada, white collar crime pays. Not only that, but drug crimes pay, pretty much every type of crime pays and this is why criminals come here from Asia, Eastern Europe, South America; because the entire world knows Canada is soft on crime (this is documented).
That is why, is spite of an extradition treaty, the USA now refuses to return Canadians convicted of drug offences back to Canada to “serve out their sentences”. The reason is the Canadian system is one of rehabilitation. All the measures of success are measures of rehabilitation. So people get released as “rehabilitated” so that those in the system measure up well.
Before you call this information “conspiracy theory” or throw it out all together, try volunteering for the John Howard Society or as a Civilian member of a parole board. It will become obvious to you pretty quickly where the problem lies — in the justice system. Indeed, it seems to favor the criminals. The solution is easy. Split the system in 3: Punishment, Reparations, Rehabilitation.
Sentence offenders to all 3 phases: A Punishment phase that MUST be served in full – no parole, no time served, do the crime serve the time; A Reparations phase where they repay the victims of the crime and full repairations MUST be made – no shortucts, pay back the victims of your crime in FULL; A Rehabilitation phase – the current system of programs – programs MUST be taken, inmates that refuse to take programs stay in prision until they change their minds.
Bottom line is that it’s up to each person to do the research and invest wisely. Small amounts in high risk, large amounts in relatively safe, and don’t put all your money on one place. Common sense.
http://www.thecomingdepression.net/main-street/poverty/financial-advisors-are-scammers-do-your-own-investing/
11/30/2010 - China pulls financial plug on Western debt
“This year we will continue to control the pace and demand of the credit supply,” Mr. Liu said at a conference in Hong Kong. All banks, he added, had been ordered to “heighten their vigilance against an impossible, embedded credit risk.”
For about a year now, China has been giving signs and exerting influence on world markets and political circles that they would be ending their massive purchases of Federal Reserve bonds (also known as buying US government debt bonds) to which they know the US will never repay. It is looking more and more like the predictions by many have been right a long time; that is that China’s revaluation of their currency and the cessation of spending on financing debts abroad for countries unlikely to pay them back will cause “financial tsunami” around the world.
All this should tell us that where China goes, so goes the rest of the world (Western nations in debt to the Chinese). Any economic recovery of worth depends on its ability to perform in an inflationary-secure environment while the rest of us pick up on the consumer end of things. This should be sounding a little contradictory to all of you. If there are any serious signs of trade between us and them faltering, currencies of importing countries will usually be the first to take a hit.
As a citizen of an independent nation, as a consumer, and investor,we shouldn’t like the thought of the world depending on one nation (China, now the biggest exporter above Germany) to pull the rest of us out of the proverbial ditch. It is too much to depend on China to do the heavy lifting. like buying other nations’s debt, in order for us to return to the good life of indulging consumerism.
The West (ie. Europe & USA) has been after China for a while to raise the value of its currency and provide a more level playing field for trade. Restricting lending in China (as the below article states is happening) by raising rates is likely to have this effect:
- Our prices will look relatively cheaper to the Chinese and there s a chance they will buy more of our stuff instead of the other way around.
- Dollar denominated debt will be relatively cheaper and easier to pay down.
China to Slow Lending Amid Bubble Worries
By BETTINA WASSENER Published: January 20, 2010 NYTimesHONG KONG — The Chinese authorities signaled Wednesday that bank lending would slow significantly this year and reportedly instructed some banks to curb loans — the latest in a series of moves designed to forestall inflation and stave off bubbles in the stock and property markets.
Liu Mingkang, chairman of the China Banking Regulatory Commission, said he expected Chinese banks to extend loans totaling about 7.5 trillion renminbi, or $1.1 trillion — down nearly 22 percent from the record 9.6 trillion renminbi lent last year.
“This year we will continue to control the pace and demand of the credit supply,” Mr. Liu said at a conference in Hong Kong, The Associated Press reported. He added that regulators were paying special attention to loans for local government projects and real estate. All banks, he added, had been ordered to “heighten their vigilance against an impossible, embedded credit risk.”
Stock markets in China and Hong Kong fell on the news. The Shanghai composite index, the main gauge of the mainland Chinese market, ended 2.9 percent lower, while the Hang Seng index in Hong Kong dropped 1.8 percent.
Bank of China and China Construction Bank sagged 3.4 percent and 3.1 percent, respectively, in Hong Kong, while Industrial and Commercial Bank of China fell 2.6 percent.
Still, economists said that the Chinese policy makers’ signal was neither surprising nor dramatic and that it showed Beijing “tapping on the brakes,” rather than engineering a major policy reversal.
“The 7.5 trillion renminbi target for this year is hardly an insignificant amount by anyone’s definition,” said Patrick Bennett, a strategist at Société Générale in Hong Kong, adding that he believed the market reaction had been excessive.
America wakes up to the unsustainable bubble in China
Posted by Jon Talton of Seattle TimesTop of the News: The stock market has become such a stoned-in-the-dorm-on-derivatives place in recent years that it’s no longer an indicator of much of anything but the day’s casino payout and hidden trends such as the carry trade. (Captain Greenspan Renault: “I’m shocked, shocked to find that gambling is going on in here!” Your winnings, sir. “Oh, thank you very much.”). Today is different.
Stocks nosedived after Chinese authorities did an about-face and ordered banks to temporarily halt lending. This is the starkest evidence yet of the dangerous asset bubble that has been building in China, a result of a stimulus that relied heavily on pushing money out the door of state banks into state-controlled industries and elsewhere. One of the biggest danger zones is in — surprise! — real estate, as well as stocks.
With the U.S. economy so badly damaged, economists had hoped that China could lead the world out of recession. That won’t happen if Chinese regulators are too late to avoid a bubble collapse. The consequences for trade-dependent Washington state would be nasty, too.
And remember, the imbalances between China and the U.S. haven’t been worked out by the downturn — which is one of the few good things recessions are supposed to do. China’s reserves climbed to $2.4 trillion in the fourth quarter, vs. $1.9 trillion a year earlier.
The Midweek Briefing: Things are tough all over, but blue-collar workers are among the hardest hit by the recession. According to Northeastern University’s Center for Labor Market Studies, blue-collar industries have cut one in six jobs vs. one in 20 for the economy as a whole.
– On the other hand, job cuts by tech companies last year reached their highest level since 2005, according to Challenger, Gray & Christmas. At more than 174,600, the planned cuts would be 12 percent higher than in 2008.
– “We’re more strict with our poor than with our banks.” So says Nobel laureate economist Joseph Stiglitz in a new interview on Huffington Post. Stiglitz warned of the systemic risk of the casino financial system early on and events have proven him right. He distills his critique in the new book, Freefall. One big difference: The American poor don’t have the ability to collapse the world economy.
11/30/2010 - AGQ
THE VULCAN REPORT
Review of $AGQ - PROSHARES ULTRA SILVER ETF (AGQ)
as of Tuesday, November 30, 2010
Today's Price Action
Change 8.3100 (6.65%) prices closed higher than they opened. with strong Bids going into the close.
A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. There have been 8 rising windows in the last 50 candles--this makes the current rising window even more bullish.
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.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 3.48
Swing Vix: 3.04
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 0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days 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 PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops.
*Since the last Swing Vix signal, $AGQ - PROSHARES ULTRA SILVER ETF's price has been unchanged, and has ranged from a high of 135.7700 to a low of 127.6700.
MOMENTUM
MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.
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.T/K BREAKOUT,
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 94.5500
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 72.7268
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 101.8410
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 123.9844
INTRADAY PRICE PROJECTIONS
RESISTANCE 133.9475
SUPPORT 129.4925
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 131.5300
PulseWave BreakOut SUPPORT - 119.1600
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 253.5500
Long term Trend Line resistance is currently at - 147.5500
Long term Trend Line support is currently at - 94.5500
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 571.5500
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 465.5500
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 359.5500
VOLATILITY
On 11/30/2010, $AGQ - PROSHARES ULTRA SILVER ETF closed
below the upper band by 16.5%.
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.
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.
For Related news and other stories please visit -http://www.wideawakenews.com/
For Related videos on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72
Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/
BULLS make money... BEARS make money.... PIGS get slaughtered!
"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!
Review of $AGQ - PROSHARES ULTRA SILVER ETF (AGQ)
as of Tuesday, November 30, 2010
Today's Price Action
Change 8.3100 (6.65%) prices closed higher than they opened. with strong Bids going into the close.
A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. There have been 8 rising windows in the last 50 candles--this makes the current rising window even more bullish.
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.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 3.48
Swing Vix: 3.04
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 0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days 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 PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops.
*Since the last Swing Vix signal, $AGQ - PROSHARES ULTRA SILVER ETF's price has been unchanged, and has ranged from a high of 135.7700 to a low of 127.6700.
MOMENTUM
MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.
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.T/K BREAKOUT,
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 94.5500
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 72.7268
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 101.8410
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 123.9844
INTRADAY PRICE PROJECTIONS
RESISTANCE 133.9475
SUPPORT 129.4925
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 131.5300
PulseWave BreakOut SUPPORT - 119.1600
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 253.5500
Long term Trend Line resistance is currently at - 147.5500
Long term Trend Line support is currently at - 94.5500
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 571.5500
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 465.5500
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 359.5500
VOLATILITY
On 11/30/2010, $AGQ - PROSHARES ULTRA SILVER ETF closed
below the upper band by 16.5%.
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.
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.
For Related news and other stories please visit -http://www.wideawakenews.com/
For Related videos on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72
Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/
BULLS make money... BEARS make money.... PIGS get slaughtered!
"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!
11/30/2010 - $NDX
THE VULCAN REPORT
Review of $NDX - NQ E-mini NASDAQ 100 FUTURES ($NDX)
as of Tuesday, November 30, 2010
Today's Price Action
Change -27.2300 (-1.27%) prices closed lower than they opened. with weak Bids going into the close.
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.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: -2.71
Swing Vix: -1.51
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 0 period(s) ago. This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 daysThe 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, $NDX - NQ E-mini NASDAQ 100 FUTURES's price has been unchanged, and has ranged from a high of 2,131.5000 to a low of 2,110.2400.
MOMENTUM
MARKET TREND - Currently the TREND is Slightly Bullish - .
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 PulseWave Cycle TRENDLINE RETRACEMENT. - 1,950.1000
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,883.2097
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 2,064.7700
The close is currently Below it's Short Term TRENDLINE RETRACEMENT. - 2,135.1184
INTRADAY PRICE PROJECTIONS
RESISTANCE 2,126.7166
SUPPORT 2,115.0237
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 2,165.1499
PulseWave BreakOut SUPPORT - 2,105.6101
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 2,700.2798
Long term Trend Line resistance is currently at - 2,200.1599
Long term Trend Line support is currently at - 1,950.1000
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 4,200.6396
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 3,700.5195
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 3,200.3997
VOLATILITY
On 11/30/2010, $NDX - NQ E-mini NASDAQ 100 FUTURES closed
above the lower band by 21.6%.
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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BULLS make money... BEARS make money.... PIGS get slaughtered!
"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!
Review of $NDX - NQ E-mini NASDAQ 100 FUTURES ($NDX)
as of Tuesday, November 30, 2010
Today's Price Action
Change -27.2300 (-1.27%) prices closed lower than they opened. with weak Bids going into the close.
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.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: -2.71
Swing Vix: -1.51
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 0 period(s) ago. This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 daysThe 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, $NDX - NQ E-mini NASDAQ 100 FUTURES's price has been unchanged, and has ranged from a high of 2,131.5000 to a low of 2,110.2400.
MOMENTUM
MARKET TREND - Currently the TREND is Slightly Bullish - .
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 PulseWave Cycle TRENDLINE RETRACEMENT. - 1,950.1000
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,883.2097
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 2,064.7700
The close is currently Below it's Short Term TRENDLINE RETRACEMENT. - 2,135.1184
INTRADAY PRICE PROJECTIONS
RESISTANCE 2,126.7166
SUPPORT 2,115.0237
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 2,165.1499
PulseWave BreakOut SUPPORT - 2,105.6101
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 2,700.2798
Long term Trend Line resistance is currently at - 2,200.1599
Long term Trend Line support is currently at - 1,950.1000
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 4,200.6396
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 3,700.5195
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 3,200.3997
VOLATILITY
On 11/30/2010, $NDX - NQ E-mini NASDAQ 100 FUTURES closed
above the lower band by 21.6%.
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.
For Related news and other stories please visit -http://www.wideawakenews.com/
For Related videos on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72
Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
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BULLS make money... BEARS make money.... PIGS get slaughtered!
"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!
11/30/2010 - US Dollar Index
THE VULCAN REPORT
Review of $DX - US DOLLAR INDEX ICE Continuous (@:DXc1#I)
as of Tuesday, November 30, 2010
Today's Price Action
Change 0.3690 (0.46%) prices closed higher than they opened. with strong Bids going into the close.
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.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 43.34
Swing Vix: 43.26
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-Bought Sell 7 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 PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops.
*Since the last Swing Vix signal, $DX - US DOLLAR INDEX ICE Continuous's price has increased 1.67% , and has ranged from a high of 81.5250 to a low of 79.4650.
MOMENTUM
MARKET TREND - Currently the TREND is -The DownTrend is still entact with prices holding below trendline resistance at- 81.5050.
TREND STRENGTH - , neutral
TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 81.5050
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 80.7915
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 79.2462
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 79.7631
INTRADAY PRICE PROJECTIONS
RESISTANCE 81.3484
SUPPORT 80.9166
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 79.5850
PulseWave BreakOut SUPPORT - 78.0600
VOLATILITY
On 11/30/2010, $DX - US DOLLAR INDEX ICE Continuous closed
below the upper band by 3.9%.
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.
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.
For Related news and other stories please visit -http://www.wideawakenews.com/
For Related videos on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72
Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/
BULLS make money... BEARS make money.... PIGS get slaughtered!
"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!
Review of $DX - US DOLLAR INDEX ICE Continuous (@:DXc1#I)
as of Tuesday, November 30, 2010
Today's Price Action
Change 0.3690 (0.46%) prices closed higher than they opened. with strong Bids going into the close.
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.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 43.34
Swing Vix: 43.26
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-Bought Sell 7 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 PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops.
*Since the last Swing Vix signal, $DX - US DOLLAR INDEX ICE Continuous's price has increased 1.67% , and has ranged from a high of 81.5250 to a low of 79.4650.
MOMENTUM
MARKET TREND - Currently the TREND is -The DownTrend is still entact with prices holding below trendline resistance at- 81.5050.
TREND STRENGTH - , neutral
TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 81.5050
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 80.7915
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 79.2462
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 79.7631
INTRADAY PRICE PROJECTIONS
RESISTANCE 81.3484
SUPPORT 80.9166
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 79.5850
PulseWave BreakOut SUPPORT - 78.0600
VOLATILITY
On 11/30/2010, $DX - US DOLLAR INDEX ICE Continuous closed
below the upper band by 3.9%.
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.
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.
For Related news and other stories please visit -http://www.wideawakenews.com/
For Related videos on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72
Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/
BULLS make money... BEARS make money.... PIGS get slaughtered!
"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!
11/30/2010 - Silver Futures - Silver Spot
THE VULCAN REPORT
Review of $XAG/USD - SILVER Spot (XAG USD)
as of Tuesday, November 30, 2010
Today's Price Action
Change 0.9400 (3.46%) prices closed higher than they opened. with strong Bids going into the close.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 , 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.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 13.26
Swing Vix: 11.82
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 0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days 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 15 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 PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops.
*Since the last Swing Vix signal, $XAG/USD - SILVER Spot's price has been unchanged, and has ranged from a high of 28.3900 to a low of 26.9200.
MOMENTUM
MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.
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.,
There is currently no trend strenght reading at this time.
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 21.9850
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 20.0583
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 24.3291
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 27.0613
Today's Rally pushed prices on the close above the short term trendline support
INTRADAY PRICE PROJECTIONS
RESISTANCE 28.0592
SUPPORT 27.2507
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 27.8900
PulseWave BreakOut SUPPORT - 26.4700
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 44.0500
Long term Trend Line resistance is currently at - 29.3400
Long term Trend Line support is currently at - 21.9850
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 88.1800
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 73.4700
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 58.7600
VOLATILITY
On 11/30/2010, $XAG/USD - SILVER Spot closed
below the upper band by 14.9%.
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.HIGH VOLATILITY ALERT - A Breakout of Upper Volatility Band occurred
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.
For Related news and other stories please visit -http://www.wideawakenews.com/
For Related videos on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72
Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/
BULLS make money... BEARS make money.... PIGS get slaughtered!
"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!
Review of $XAG/USD - SILVER Spot (XAG USD)
as of Tuesday, November 30, 2010
Today's Price Action
Change 0.9400 (3.46%) prices closed higher than they opened. with strong Bids going into the close.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 , 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.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 13.26
Swing Vix: 11.82
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 0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days 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 15 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 PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops.
*Since the last Swing Vix signal, $XAG/USD - SILVER Spot's price has been unchanged, and has ranged from a high of 28.3900 to a low of 26.9200.
MOMENTUM
MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.
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.,
There is currently no trend strenght reading at this time.
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 21.9850
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 20.0583
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 24.3291
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 27.0613
Today's Rally pushed prices on the close above the short term trendline support
INTRADAY PRICE PROJECTIONS
RESISTANCE 28.0592
SUPPORT 27.2507
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 27.8900
PulseWave BreakOut SUPPORT - 26.4700
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 44.0500
Long term Trend Line resistance is currently at - 29.3400
Long term Trend Line support is currently at - 21.9850
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 88.1800
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 73.4700
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 58.7600
VOLATILITY
On 11/30/2010, $XAG/USD - SILVER Spot closed
below the upper band by 14.9%.
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.HIGH VOLATILITY ALERT - A Breakout of Upper Volatility Band occurred
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.
For Related news and other stories please visit -http://www.wideawakenews.com/
For Related videos on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72
Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/
BULLS make money... BEARS make money.... PIGS get slaughtered!
"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!
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