Tuesday, July 26, 2011

7/26/2011 - US DOLLAR INDEX FUTURES

THE VULCAN REPORT
Review of US DOLLAR INDEX (US@DX.1)
as of Tuesday, July 26, 2011


Today's Price Action


Change   -0.6000 (-0.81%) prices closed lower than they opened. with weak Bids going into the close. 


     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:    -40.64
Swing Vix:    -36.92


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 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 32 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s).  This is bearish.
      
  *Since the last Swing Vix signal, US DOLLAR INDEX's price has decreased 2.29%, and has ranged from a high of  76.11 to a low of  73.69.


     MOMENTUM


     MARKET TREND - Currently the TREND is .


        TREND STRENGTH - WEAK - RANGE BOUND  (Prices have ceased trending and have become consolidated at this time) The market has put in a short term bottom. This means that the bears are liquidating short positions thus taking some profit off the table.,


TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. -    78.25
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. -    77.41
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. -    75.28 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. -    74.87 


INTRADAY PRICE PROJECTIONS
RESISTANCE    74.43
SUPPORT    73.66


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE -    76.46
PulseWave BreakOut SUPPORT -    74.99


Long term Trend Line resistance is currently at -    78.25
Long term Trend Line support is currently at -    72.86
BEAR MARKET DOWNTREND - (12-18mo)  PRICE TARGET =    62.08


DEFLATED BUBBLE PHASE I  - (24-36mo) PRICE DESTRUCTION TARGET =    51.30
DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET =    40.52
DEFLATED BUBBLE PHASE 3  - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET =    29.74


VOLATILITY
On 7/26/2011, US DOLLAR INDEX closed below the lower band by 1.1%.  


Risk Disclosure

General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education onlyThe 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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