THE VULCAN REPORT Review of SILVER FUTURES (US@SI.1) as of Tuesday, June 14, 2011

THE VULCAN REPORT
Review of SILVER FUTURES (US@SI.1)
as of Tuesday, June 14, 2011

Today's Price Action

Change   42.3000 (1.22%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
 
PulseScan Swing Vix

PulseScan:    -11.88
Swing Vix:     -7.31

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    7 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 35 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 FUTURES's price has decreased 2.85%, and has ranged from a high of 3,786.0000 to a low of 3,440.0000.

     MOMENTUM

     MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 3,350.7500Slightly Bearish - .

        TREND STRENGTH - ,

TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 3,350.7500
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 2,969.7073
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 3,706.0627
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 3,625.8311

INTRADAY PRICE PROJECTIONS
RESISTANCE 3,509.7500
SUPPORT 3,460.2500

WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 3,786.0000
PulseWave BreakOut SUPPORT - 3,506.5000


VOLATILITY
On 6/14/2011, SILVER FUTURES closed  
above the lower band by 28.4%.
   

Risk Disclosure

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


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


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