THE VULCAN REPORT
Review of $1NDX - NQ E-mini NASDAQ 100 FUTURES ($NDX)
as of Wednesday, July 27, 2011
Today's Price Action
Change -61.7500 (-2.55%) 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.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 30.84
Swing Vix: 32.04
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 days
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 11 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, $1NDX - NQ E-mini NASDAQ 100 FUTURES's price has been unchanged, and has ranged from a high of 2,425.75 to a low of 2,358.25.
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. - 2,091.41
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 2,200.06
INTRADAY PRICE PROJECTIONS
RESISTANCE 2,429.13 place stoploss here GO LONG here
SUPPORT 2,354.88 GO SHORT here place stoploss here
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 2,435.50 GO LONG here
PulseWave BreakOut SUPPORT - 2,314.50 place stoploss here
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 3,123.68
Long term Trend Line resistance is currently at - 2,435.50
Long term Trend Line support is currently at - 2,091.41
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 5,188.22
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 4,500.04
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 3,811.86
VOLATILITY
On 7/27/2011, $1NDX - NQ E-mini NASDAQ 100 FUTURES closed
above the lower band by 40.4%.
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.
Risk Disclosure
THE VULCAN REPORT
Review of Emini NASDAQ 100 (US@NQ.1)
as of Thursday, July 07, 2011
Today's Price Action
Change 42.2500 (1.78%) prices closed higher than they opened. with strong Bids going into the close.
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: 48.25
Swing Vix: 47.59
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 16 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-Sold Buy 11 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, Emini NASDAQ 100's price has increased 7.34% , and has ranged from a high of 2,417.00 to a low of 2,174.00.
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. - 2,063.00
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 2,175.23
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 2,300.97
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 2,319.70
INTRADAY PRICE PROJECTIONS
RESISTANCE 2,419.06
SUPPORT 2,373.69
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 2,258.50
PulseWave BreakOut SUPPORT - 2,191.50
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 3,158.00
Long term Trend Line resistance is currently at - 2,428.00
Long term Trend Line support is currently at - 2,063.00
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 5,348.00
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 4,618.00
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 3,888.00
VOLATILITY
On 7/7/2011, Emini NASDAQ 100 closed above the upper band by 7.1%.
Risk Disclosure
THE VULCAN REPORT
Review of Emini NASDAQ 100 (US@NQ.1)
as of Wednesday, June 29, 2011
Today's Price Action
Change 9.5000 (0.42%) prices closed higher than they opened. with strong Bids going into the close.
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: 19.15
Swing Vix: 12.88
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 11 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 6 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, Emini NASDAQ 100's price has increased 1.89% , and has ranged from a high of 2,300.50 to a low of 2,174.00.
MOMENTUM
MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 2,063.00.
TREND STRENGTH - ,
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 2,063.00
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 2,166.85
The close is currently Below it's Intermediate Term TRENDLINE RETRACEMENT. - 2,291.02
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 2,245.44
INTRADAY PRICE PROJECTIONS
RESISTANCE 2,301.79
SUPPORT 2,273.46
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 2,258.50
PulseWave BreakOut SUPPORT - 2,191.50
VOLATILITY
On 6/29/2011, Emini NASDAQ 100 closed
below the upper band by 16.0%.
Risk Disclosure
