Thursday, January 27, 2011

01/17/2011 - ACI

THE VULCAN REPORT
Review of CHINA - ACI - ARCH COAL ORD (ACI)
as of Wednesday, January 26, 2011


Today's Price Action


Change    0.9000 (2.80%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:    -25.71
Swing Vix:    -27.58


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 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 79 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, CHINA - ACI - ARCH COAL ORD's price has been unchanged, and has ranged from a high of 33.3200 to a low of 32.3440.


     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. -  27.7950
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  26.2514
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  31.7283 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. -  33.0236 


INTRADAY PRICE PROJECTIONS
RESISTANCE  33.1004
SUPPORT  32.5636


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE -  33.8900
PulseWave BreakOut SUPPORT -  31.0500


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET =  53.9100
Long term Trend Line resistance is currently at -  36.5000
Long term Trend Line support is currently at -  27.7950


BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 106.1400
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET =  88.7300
BUBBLE PHASE I - (24-36mo) PRICE TARGET =  71.3200


VOLATILITY
On 1/26/2011, CHINA - ACI - ARCH COAL ORD closed   
above the lower band by 29.2%.
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.     



isk Disclosure

General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only.The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser.


This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


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