THE VULCAN REPORT (WEEKLY) Review of /YI - SILVER as of Monday, January 18, 2016

THE VULCAN REPORT
Review of /YI - SILVER (SIc1)
as of Monday, January 18, 2016



Today's Price Action

Change   with weak Bids going into the close.  0.0400 (0.29%) prices closed higher than they opened.

MARKET SENTIMENT

PulseScan Swing Vix

PulseScan:      2.58
Swing Vix:      1.21

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    5 period(s) ago.

The Trend Channel is UP!  (i.e. "Positive Swing Vix") This means that positive momentum is entering 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-Sold Buy  6 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, /YI - SILVER's price has decreased 0.36%, and has ranged from a high of 14.4000 to a low of 13.6200.

              MOMENTUM

     MARKET TREND - Currently the TREND is VERY-BEARISH - Heavy Distribution.

        TREND STRENGTH - STRONG -  Bearish Trend,


TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. -  31.5100
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. -  20.2333
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. -  15.8127
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. -  14.2341


INTRADAY PRICE PROJECTIONS
RESISTANCE  14.1200
SUPPORT  13.9880

WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE -  14.6630
PulseWave BreakOut SUPPORT -  13.6225


Long term Trend Line resistance is currently at -  31.5100
Long term Trend Line support is currently at -  13.5000
BEAR MARKET DOWNTREND - (12-18mo)  PRICE TARGET = -22.5200


DEFLATED BUBBLE PHASE I  - (24-36mo) PRICE DESTRUCTION TARGET = -58.5400
DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET = -94.5600
DEFLATED BUBBLE PHASE 3  - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET = -130.5800



VOLATILITY
On 1/18/2016, /YI - SILVER closed
above the lower band by 28.1%.

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