THE VULCAN REPORT
Review of $0$ CL - LIGHT CRUDE COMPOSITE Continuous (@:CLC1#I)
as of Tuesday, August 16, 2011
Today's Price Action
Change -0.5300 (-0.60%) prices closed lower than they opened. with strong Bids going into the close.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: -9.44
Swing Vix: -12.14
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 5 period(s) ago. CRASH ALERT - (Short-term Market Top) Possible Selloff is likely do to weak market pulse projectionsThe 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 5 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, $0$ CL - LIGHT CRUDE COMPOSITE Continuous's price has increased 6.10% , and has ranged from a high of 88.05 to a low of 75.71.
MOMENTUM
MARKET TREND - Currently the TREND is VERY-BEARISH - Heavy Distribution.
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.,,,BEARISH MOMENTUM
TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 92.79
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 92.07
INTRADAY PRICE PROJECTIONS
RESISTANCE 88.05 -
SUPPORT 85.50 - GO SHORT here 84.59 - place stoploss here 89.21
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 102.06-
PulseWave BreakOut SUPPORT - 72.96- GO SHORT here 72.96 place stoploss here 89.21
MONTHLY PRICE PROJECTIONS
Long term Trend Line resistance is currently at - 92.79
Long term Trend Line support is currently at - 70.76
BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 26.69
VOLATILITY
On 8/16/2011, $0$ CL - LIGHT CRUDE COMPOSITE Continuous closed
above the lower band by 33.0%.
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.
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THE VULCAN REPORT
Review of $0$ DJI - YM Mini Dow Jones FUTURES ($DJI)
as of Tuesday, August 16, 2011
Today's Price Action
Change -34.0000 (-0.30%) prices closed lower than they opened. with strong 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: -14.43
Swing Vix: -16.38
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 5 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 5 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 PulseScan leads the market 3-5 days out We will wait to see if an upside breakout occurs.
*Since the last Swing Vix signal, $0$ DJI - YM Mini Dow Jones FUTURES's price has increased 0.99% , and has ranged from a high of 11,450.00 to a low of 10,401.00.
MOMENTUM
MARKET TREND - Currently the TREND is VERY-BEARISH - Heavy Distribution.
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.,,,BEARISH MOMENTUM
TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 11,388.64
Today's Sell off pushed prices on the close below the long term trendline support - This is Bearish as the market is now under heavy Distribution.
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 11,716.56
Today's Sell off pushed prices on the close below the long term trendline support - This is Bearish as the market is now under heavy Distribution.
INTRADAY PRICE PROJECTIONS
RESISTANCE 11,459.70 -
SUPPORT 11,246.30 - GO SHORT here 11,165.00 - place stoploss here 11,553.00
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 12,870.00-
PulseWave BreakOut SUPPORT - 10,112.67- GO SHORT here 10,112.67 place stoploss here 11,553.00
MONTHLY PRICE PROJECTIONS
Long term Trend Line resistance is currently at - 11,388.64
Long term Trend Line support is currently at - 9,936.62
BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 7,032.58
VOLATILITY
On 8/16/2011, $0$ DJI - YM Mini Dow Jones FUTURES closed
above the lower band by 33.4%.
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.
======================================
THE VULCAN REPORT
Review of $0$ DX - US DOLLAR INDEX ICE Continuous (@:DXC1#I)
as of Tuesday, August 16, 2011
Today's Price Action
Change 0.1100 (0.15%) prices closed higher than they opened. with strong 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: -7.83
Swing Vix: -6.78
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 3 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 13 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, $0$ DX - US DOLLAR INDEX ICE Continuous's price has decreased 0.80%, and has ranged from a high of 75.39 to a low of 73.84.
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.,,,BEARISH MOMENTUM
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. - 77.09
INTRADAY PRICE PROJECTIONS
RESISTANCE 74.28 - GO LONG here 74.47 place stoploss here 73.63
SUPPORT 73.82 - GO SHORT here 73.63 - place stoploss here 74.47
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 76.55-
PulseWave BreakOut SUPPORT - 73.06- GO SHORT here 73.06 place stoploss here 74.47
MONTHLY PRICE PROJECTIONS
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
VOLATILITY
On 8/16/2011, $0$ DX - US DOLLAR INDEX ICE Continuous closed
above the lower band by 27.6%.
===========================================
THE VULCAN REPORT
Review of $0$ NDX - NQ E-mini NASDAQ 100 FUTURES ($NDX)
as of Tuesday, August 16, 2011
Today's Price Action
Change -12.0000 (-0.54%) prices closed lower than they opened. with strong 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: -7.92
Swing Vix: -9.81
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 5 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 5 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, $0$ NDX - NQ E-mini NASDAQ 100 FUTURES's price has increased 1.25% , and has ranged from a high of 2,211.50 to a low of 1,972.25.
MOMENTUM
MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 2,091.41.
TREND STRENGTH - ,,,BEARISH MOMENTUM
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 2,091.41
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 2,202.35
INTRADAY PRICE PROJECTIONS
RESISTANCE 2,213.64 -
SUPPORT 2,161.11 - GO SHORT here 2,141.83 - place stoploss here 2,237.33
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 2,467.50-
PulseWave BreakOut SUPPORT - 1,906.50- GO SHORT here 1,906.50 place stoploss here 2,237.33
MONTHLY PRICE PROJECTIONS
Long term Trend Line resistance is currently at - 2,091.41
Long term Trend Line support is currently at - 1,747.32
BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 1,059.14
VOLATILITY
On 8/16/2011, $0$ NDX - NQ E-mini NASDAQ 100 FUTURES closed
above the lower band by 32.7%.
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.
=======================================
THE VULCAN REPORT
Review of $0$ SPX - ES E-mini S&P 500 FUTURES ($SPX)
as of Tuesday, August 16, 2011
Today's Price Action
Change -7.0000 (-0.58%) prices closed lower than they opened. with strong 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: -13.56
Swing Vix: -15.35
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 5 period(s) ago. CRASH ALERT - (Short-term Market Top) Possible Selloff is likely do to weak market pulse projectionsThe 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 5 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, $0$ SPX - ES E-mini S&P 500 FUTURES's price has increased 1.00% , and has ranged from a high of 1,201.75 to a low of 1,077.00.
MOMENTUM
MARKET TREND - Currently the TREND is VERY-BEARISH - Heavy Distribution.
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.,,,BEARISH MOMENTUM
TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 1,205.14
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 1,251.09
INTRADAY PRICE PROJECTIONS
RESISTANCE 1,202.70 -
SUPPORT 1,176.30 - GO SHORT here 1,165.83 - place stoploss here 1,213.83
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 1,364.08-
PulseWave BreakOut SUPPORT - 1,043.08- GO SHORT here 1,043.08 place stoploss here 1,213.83
MONTHLY PRICE PROJECTIONS
Long term Trend Line resistance is currently at - 1,205.14
Long term Trend Line support is currently at - 1,039.70
BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 708.82
VOLATILITY
On 8/16/2011, $0$ SPX - ES E-mini S&P 500 FUTURES closed
above the lower band by 31.8%.
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.
=============================================
THE VULCAN REPORT
Review of $0$ XAG/USD - SILVER Spot (XAG USD)
as of Tuesday, August 16, 2011
Today's Price Action
Change -0.0200 (-0.05%) prices closed lower than they opened. with strong Bids going into the close.
A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: -5.22
Swing Vix: -8.65
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 20 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, $0$ XAG/USD - SILVER Spot's price has increased 2.18% , and has ranged from a high of 40.17 to a low of 38.21.
MOMENTUM
MARKET TREND - Currently the TREND is - Neutral within the Bearish KUMO Consolidation cloud(Possible Trend Reversal) with Upside Bullish Breakout risk. A close below 35.36 is needed to re-establish the downward trend. However a close above 40.93 will establish a new upward trend.
TREND STRENGTH - ,,,
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 33.78
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 32.28
INTRADAY PRICE PROJECTIONS
RESISTANCE 40.21 -
SUPPORT 39.25 - -
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 43.71-
PulseWave BreakOut SUPPORT - 35.50-
VOLATILITY
On 8/16/2011, $0$ XAG/USD - SILVER Spot closed
below the upper band by 43.6%.
======================================
THE VULCAN REPORT
Review of $0$ XAU/USD - GOLD Spot (XAU USD)
as of Tuesday, August 16, 2011
Today's Price Action
Change 21.1000 (1.19%) prices closed higher than they opened. with strong Bids going into the close.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 34.15
Swing Vix: 34.30
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 2 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 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, $0$ XAU/USD - GOLD Spot's price has increased 2.33% , and has ranged from a high of 1,790.00 to a low of 1,725.80.
MOMENTUM
MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.
TREND STRENGTH - STRONG - Bullish Trend,,BULLISH MOMENTUM,
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 1,513.90
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,437.66
INTRADAY PRICE PROJECTIONS
RESISTANCE 1,791.32 - GO LONG here 1,807.47 place stoploss here 1,754.67
SUPPORT 1,762.28 - -
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 1,567.23-
PulseWave BreakOut SUPPORT - 1,465.97-
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 2,425.00
Long term Trend Line resistance is currently at - 1,817.60
Long term Trend Line support is currently at - 1,513.90
VOLATILITY
On 8/16/2011, $0$ XAU/USD - GOLD Spot closed
below the upper band by 10.2%.
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.
======================================
THE VULCAN REPORT
Review of $1$ TMF - DIRXN DLY 30 YR TRSY BUL 3X SHS ETF (TMF)
as of Tuesday, August 16, 2011
Today's Price Action
Change 2.4200 (5.07%) prices closed higher than they opened. with strong Bids going into the close.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 20.36
Swing Vix: 21.35
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 3 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 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, $1$ TMF - DIRXN DLY 30 YR TRSY BUL 3X SHS ETF's price has increased 7.57% , and has ranged from a high of 52.90 to a low of 46.04.
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.,,BULLISH MOMENTUM,
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 42.54
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 37.70
INTRADAY PRICE PROJECTIONS
RESISTANCE 50.70 - GO LONG here 52.18 place stoploss here 46.92
SUPPORT 47.81 - -
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 58.26- GO LONG here 58.26 place stoploss here 46.92
PulseWave BreakOut SUPPORT - 41.66-
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 84.87
Long term Trend Line resistance is currently at - 56.65
Long term Trend Line support is currently at - 42.54
VOLATILITY
On 8/16/2011, $1$ TMF - DIRXN DLY 30 YR TRSY BUL 3X SHS ETF closed
below the upper band by 22.2%.
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.
==========================================
THE VULCAN REPORT
Review of $1$ TYD - DIRXN DLY 10 YR TRSY BUL 3X SHS ETF (TYD)
as of Tuesday, August 16, 2011
Today's Price Action
Change 1.1800 (1.66%) prices closed higher than they opened. with strong Bids going into the close.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 32.58
Swing Vix: 32.37
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 above 29. This is where it usually forms Resistance. The Swing Vix usually forms Resistance 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 5 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, $1$ TYD - DIRXN DLY 10 YR TRSY BUL 3X SHS ETF's price has been unchanged, and has ranged from a high of 72.61 to a low of 71.15.
MOMENTUM
MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.
TREND STRENGTH - STRONG - Bullish Trend,,BULLISH MOMENTUM,
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 62.06
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 58.12
INTRADAY PRICE PROJECTIONS
RESISTANCE 72.68 - GO LONG here 73.46 place stoploss here 70.54
SUPPORT 71.08 - GO SHORT here 70.54 - place stoploss here 73.46
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 62.95-
PulseWave BreakOut SUPPORT - 59.52-
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 98.22
Long term Trend Line resistance is currently at - 74.11
Long term Trend Line support is currently at - 62.06
VOLATILITY
On 8/16/2011, $1$ TYD - DIRXN DLY 10 YR TRSY BUL 3X SHS ETF closed
below the upper band by 15.6%.
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.
=========================================
PulseWave Trading "Trigger Trade System" Daily Stock,Forex & Futures Analysis and Commentary.
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