Tuesday, February 2, 2016

THE VULCAN REPORT (WEEKLY) Review of /DX US DOLLAR INDEX (DX) as of Monday, January 25, 2016



THE VULCAN REPORT
Review of /DX US DOLLAR INDEX (DX)
as of Monday, January 25, 2016



Today's Price Action

Change   prices closed lower than they opened.  0.0200 (0.02%)  with strong Bids going into the close.

MARKET SENTIMENT

PulseScan Swing Vix

PulseScan:      5.18
Swing Vix:      2.34

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    1 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-Bought Sell  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, /DX US DOLLAR INDEX's price has increased 0.02% , and has ranged from a high of 99.9500 to a low of 98.4500.

              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 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. -  90.2800
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  91.7874
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  96.9408
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. -  98.6506


INTRADAY PRICE PROJECTIONS
RESISTANCE 100.0928
SUPPORT  99.5582

WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 100.7505
PulseWave BreakOut SUPPORT -  97.1240


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 121.8100
Long term Trend Line resistance is currently at - 100.7900
Long term Trend Line support is currently at -  90.2800

MONTHLY PRICE PROJECTIONS

BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 184.8700
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 163.8500
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 142.8300


VOLATILITY
On 1/25/2016, /DX US DOLLAR INDEX closed
below the upper band by 21.9%.



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. For Related news and other stories please visit - http://www.wideawakenews.com/ For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72 Be Sure to register for faster updates and commentaries at - BLOG 1: - http://pulsescan.blogspot.com/ BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/ BULLS make money... BEARS make money.... PIGS get slaughtered! "TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

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