01/27/2011 - AGQ

THE VULCAN REPORT
Review of $AGQ - PROSHARES ULTRA SILVER ETF (AGQ)
as of Wednesday, January 26, 2011


Today's Price Action


Change    6.0200 (5.09%) prices closed higher than they opened.  with strong Bids going into the close.This is generally considered bullish, as prices closed significantly higher than they opened.  If the candle appears when prices are "low," it may be the first sign of a bottom.  If it occurs when prices are rebounding off of a support area , the long white candle adds credibility to the support.  Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.


An engulfing bullish line occurred (where a white candle's real body completely contains the previous black candle's real body).  The engulfing bullish pattern is bullish during a downtrend (which appears to be the case with $AGQ - PROSHARES ULTRA SILVER ETF).  It then signifies that the momentum may be shifting from the bears to the bulls.


If the engulfing bullish pattern occurs during an uptrend, it may be a last engulfing top which indicates a top.  The test to see if this is the case is if the next candle closes below the top of the current (white) candle's real body.


     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:    -41.94
Swing Vix:    -41.92


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    5 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-Bought Sell 15 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, $AGQ - PROSHARES ULTRA SILVER ETF's price has decreased 8.63%, and has ranged from a high of 143.0700 to a low of 116.7700.


     MOMENTUM


     MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 101.4995.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 101.4995
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  90.2492
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 128.6292 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 128.4193 


INTRADAY PRICE PROJECTIONS
RESISTANCE 122.6857
SUPPORT 118.5443


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 145.9100
PulseWave BreakOut SUPPORT - 116.7700


VOLATILITY
On 1/26/2011, $AGQ - PROSHARES ULTRA SILVER ETF closed   
above the lower band by 19.9%.
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.     

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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BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

12/13/2010 - AGQ

THE VULCAN REPORT
Review of $AGQ - PROSHARES ULTRA SILVER ETF (AGQ)
as of Friday, December 10, 2010


Today's Price Action


Change    0.0500 (0.04%) prices closed higher than they opened.  with strong Bids going into the close.




     MARKET SENTIMENT


PulseScan Swing Vix


PulseScan:     10.02
Swing Vix:     14.19


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  3 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, $AGQ - PROSHARES ULTRA SILVER ETF's price has decreased 0.33%, and has ranged from a high of 158.2300 to a low of 131.1400.


     MOMENTUM


     MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.


        TREND STRENGTH - STRONG - Bullish Trend,


TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. -  99.8900
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  76.9687
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. - 110.9813
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 136.9404
Today's Sell off pushed prices on the close below the short term trendline resistance


INTRADAY PRICE PROJECTIONS
RESISTANCE 137.0502
SUPPORT 133.1398


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 158.2300
PulseWave BreakOut SUPPORT - 119.1600


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 274.9100
Long term Trend Line resistance is currently at - 158.2300
Long term Trend Line support is currently at -  99.8900


MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 624.9500
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 508.2700
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 391.5900


VOLATILITY
On 12/10/2010, $AGQ - PROSHARES ULTRA SILVER ETF closed
below the upper band by 31.8%.
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.  

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
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BULLS make money... BEARS make money.... PIGS get slaughtered!

 "TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

12/08/2010 - AGQ

THE VULCAN REPORT
Review of $AGQ - PROSHARES ULTRA SILVER ETF (AGQ)
as of Tuesday, December 07, 2010


Today's Price Action


Change  -15.3550 (-10.01%) prices closed lower than they opened. with weak Bids going into the close.This is bearish, as prices closed significantly lower than they opened.  If the candle appears when prices are "high," it may be the first sign of a top.  If it occurs when prices are confronting an overhead resistance area the long black candle adds credibility to the resistance.  Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. 


An engulfing bearish line occurred (where a black candle's real body completely contains the previous white candle's real body).  The engulfing bearish pattern is bearish during an uptrend (which appears to be the case with $AGQ - PROSHARES ULTRA SILVER ETF).  It then signifies that the momentum may be shifting from the bulls to the bears.  


If the engulfing bearish pattern occurs during a downtrend, it may be a last engulfing bottom which indicates a bullish reversal.  The test to see if this is the case is if the next candle closes above the bottom the current (black) candle's real body.


     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:     35.73
Swing Vix:     36.46


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    0 period(s) ago. This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 daysHowever, the Swing Vix just crossed below 39 from a topping formation.  This is a bearish sign.  
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  0 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, $AGQ - PROSHARES ULTRA SILVER ETF's price has been unchanged, and has ranged from a high of 158.2300 to a low of 137.1400.


     MOMENTUM


     MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.


        TREND STRENGTH - STRONG - Bullish Trend,


TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. -  99.8900
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  75.4472
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. - 108.2704 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 137.1776 


INTRADAY PRICE PROJECTIONS
RESISTANCE 153.4847
SUPPORT 141.8853


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 158.2300
PulseWave BreakOut SUPPORT - 119.1600


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 274.9100
Long term Trend Line resistance is currently at - 158.2300
Long term Trend Line support is currently at -  99.8900


MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 624.9500
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 508.2700
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 391.5900


VOLATILITY
On 12/7/2010, $AGQ - PROSHARES ULTRA SILVER ETF closed   
below the upper band by 26.9%.
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.     

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
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BULLS make money... BEARS make money.... PIGS get slaughtered!

 "TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

11/30/2010 - AGQ

THE VULCAN REPORT
Review of $AGQ - PROSHARES ULTRA SILVER ETF (AGQ)
as of Tuesday, November 30, 2010


Today's Price Action


Change    8.3100 (6.65%) prices closed higher than they opened.  with strong Bids going into the close.


A rising window occurred  (where the top of the previous shadow is below the bottom of the current shadow).  This usually implies a continuation of a bullish trend.  There have been 8 rising windows in the last 50 candles--this makes the current rising window even more bullish.
Three white candles occurred in the last three days.  Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.


     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:      3.48
Swing Vix:      3.04


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 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 14 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The security price has set a new 14-period high while the Swing Vix has not.  This is a bearish divergence. Since the PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops.
      
  *Since the last Swing Vix signal, $AGQ - PROSHARES ULTRA SILVER ETF's price has been unchanged, and has ranged from a high of 135.7700 to a low of 127.6700.


     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.T/K BREAKOUT,


TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. -  94.5500
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  72.7268
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. - 101.8410 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 123.9844 


INTRADAY PRICE PROJECTIONS
RESISTANCE 133.9475
SUPPORT 129.4925


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 131.5300
PulseWave BreakOut SUPPORT - 119.1600


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 253.5500
Long term Trend Line resistance is currently at - 147.5500
Long term Trend Line support is currently at -  94.5500


MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 571.5500
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 465.5500
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 359.5500


VOLATILITY
On 11/30/2010, $AGQ - PROSHARES ULTRA SILVER ETF closed   
below the upper band by 16.5%.
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.     

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 -  
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BULLS make money... BEARS make money.... PIGS get slaughtered!

 "TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

11/19/2010 - AGQ

THE VULCAN REPORT
Review of ETF - AGQ - PROSHARES ULTRA SILVER ETF (AGQ)
as of Thursday, November 18, 2010


Today's Price Action


Change   11.9300 (10.71%) prices closed higher than they opened.  with strong Bids going into the close.


A rising window occurred  (where the top of the previous shadow is below the bottom of the current shadow).  This usually implies a continuation of a bullish trend.  There have been 8 rising windows in the last 50 candles--this makes the current rising window even more bullish.
Three white candles occurred in the last three days.  Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.


     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:    -14.30
Swing Vix:    -11.58


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  7 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s).  This is bearish.The Swing Vix has set a new 14-period low while the security price has not.  This is a bearish divergence. Since the PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops.
      
  *Since the last Swing Vix signal, ETF - AGQ - PROSHARES ULTRA SILVER ETF's price has increased 0.61% , and has ranged from a high of 147.5500 to a low of 106.6100.


     MOMENTUM


     MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.


        TREND STRENGTH - STRONG - Bullish Trend,


TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. -  94.5500
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  69.8432
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  95.4836 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 116.8817 
Today's Rally pushed prices on the close above the short term trendline support


INTRADAY PRICE PROJECTIONS
RESISTANCE 123.0025
SUPPORT 119.5375


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 147.5500
PulseWave BreakOut SUPPORT - 106.6100


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 253.5500
Long term Trend Line resistance is currently at - 147.5500
Long term Trend Line support is currently at -  94.5500


MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 571.5500
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 465.5500
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 359.5500


VOLATILITY
On 11/18/2010, ETF - AGQ - PROSHARES ULTRA SILVER ETF closed   
below the upper band by 25.7%.
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.    

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"!!

11/11/2010 - AGQ

THE VULCAN REPORT
Review of ETF - AGQ - PROSHARES ULTRA SILVER ETF (AGQ)
as of Wednesday, November 10, 2010

Today's Price Action

Change prices closed lower than they opened. 5.4200 (4.42%) 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: 28.12
Swing Vix: 31.20

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 1 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 1 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, ETF - AGQ - PROSHARES ULTRA SILVER ETF's price has increased 4.42% , and has ranged from a high of 147.5500 to a low of 119.0000.

MOMENTUM

MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.

TREND STRENGTH - STRONG - Bullish Trend,

TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 94.5500
 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 67.6163
 The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 90.5859
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 116.6139

INTRADAY PRICE PROJECTIONS
RESISTANCE 129.0865
SUPPORT 122.6735

WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 105.2000
PulseWave BreakOut SUPPORT - 92.0000

MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 253.5500
Long term Trend Line resistance is currently at - 147.5500
Long term Trend Line support is currently at - 94.5500

MONTHLY PRICE PROJECTIONS
 BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 571.5500
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 465.5500
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 359.5500

 VOLATILITY
On 11/10/2010, ETF - AGQ - PROSHARES ULTRA SILVER ETF closed
below the upper band by 4.0%.
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.

11/8/2010 - AGQ

THE VULCAN REPORT
Review of ETF - AGQ - PROSHARES ULTRA SILVER ETF (AGQ)
as of Friday, November 05, 2010


Today's Price Action


Change    5.1500 (4.35%) prices closed higher than they opened.  with strong Bids going into the close.This is generally considered bullish, as prices closed significantly higher than they opened.  If the candle appears when prices are "low," it may be the first sign of a bottom.  If it occurs when prices are rebounding off of a support area , the long white candle adds credibility to the support.  Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.




     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:     43.17
Swing Vix:     41.70


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    6 period(s) ago. The Swing Vix is above 39.  This is where it usually tops.  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-Bought Sell 13 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s).  This is bullish.
      
  *Since the last Swing Vix signal, ETF - AGQ - PROSHARES ULTRA SILVER ETF's price has increased 24.44% , and has ranged from a high of 124.9400 to a low of 96.2210.


     MOMENTUM


     MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.


        TREND STRENGTH - STRONG - Bullish Trend,


TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. -  83.2450
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  66.2104
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  86.5702 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 106.6635 


INTRADAY PRICE PROJECTIONS
RESISTANCE 123.2503
SUPPORT 119.1197


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 105.2000
PulseWave BreakOut SUPPORT -  92.0000


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 208.3300
Long term Trend Line resistance is currently at - 124.9400
Long term Trend Line support is currently at -  83.2450


MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 458.5000
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 375.1100
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 291.7200


VOLATILITY
On 11/5/2010, ETF - AGQ - PROSHARES ULTRA SILVER ETF closed   above the upper band by 19.7%.


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.