THE VULCAN REPORT Review of SILVER FUTURES (US@SI.1) as of Friday, June 17, 2011

THE VULCAN REPORT
Review of SILVER FUTURES (US@SI.1)
as of Friday, June 17, 2011

Today's Price Action

Change   prices closed lower than they opened.  2.0000 (0.06%)  with strong Bids going into the close.

Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

     MARKET SENTIMENT
 
PulseScan Swing Vix

PulseScan:    -30.84
Swing Vix:    -27.94

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   10 period(s) ago. The Swing Vix is below -29.  This is where it usually forms Support.  The Swing Vix usually forms Support 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 38 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, SILVER FUTURES's price has decreased 2.17%, and has ranged from a high of 3,786.0000 to a low of 3,440.0000.

     MOMENTUM

     MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 3,350.7500Slightly Bearish - .

        TREND STRENGTH - ,

TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 3,350.7500
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 2,983.5820
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 3,690.6877
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 3,588.2227

INTRADAY PRICE PROJECTIONS
RESISTANCE 3,553.7251
SUPPORT 3,510.2749

WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 3,786.0000
PulseWave BreakOut SUPPORT - 3,440.0000


VOLATILITY
On 6/17/2011, SILVER FUTURES closed  
above the lower band by 26.6%.

THE VULCAN REPORT Review of SILVER FUTURES (US@SI.1) as of Tuesday, June 07, 2011 11:00 AM

THE VULCAN REPORT
Review of SILVER FUTURES (US@SI.1)
as of Tuesday, June 07, 2011 11:00 AM

Today's Price Action

Change   -1.0000 (-0.03%)

A doji star occurred (where a doji gaps above or below the previous candle).  This often signals a reversal with confirmation occurring on the next bar.
A gravestone doji occurred.  This often signifies a top (the longer the upper shadow, the more bearish the signal).

     MARKET SENTIMENT
 
PulseScan Swing Vix

PulseScan:     18.31
Swing Vix:     22.15

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. 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, SILVER FUTURES's price has decreased 0.88%, and has ranged from a high of 3,740.0000 to a low of 3,689.0000.

     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.,

TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 3,659.2500
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 3,668.6814
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. - 3,679.1882
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 3,706.7158
Today's Sell off pushed prices on the close below the short term trendline resistance

INTRADAY PRICE PROJECTIONS
RESISTANCE 3,698.0000
SUPPORT 3,698.0000

WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 3,752.0000
PulseWave BreakOut SUPPORT - 3,652.0000

MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 4,335.0000
Long term Trend Line resistance is currently at - 3,884.5000
Long term Trend Line support is currently at - 3,659.2500

MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 5,686.5000
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 5,236.0000
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 4,785.5000

VOLATILITY
On 6/7/2011 11:00 AM, SILVER FUTURES closed  
below the upper band by 43.6%.

sk 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"!!

12/20/2010 - Silver Spot/Futures

THE VULCAN REPORT
Review of $SI - SILVER 5000 ELECTRONIC Continuous (@:1SIc1#I)
as of Friday, December 17, 2010


Today's Price Action


Change   35.6001 (1.24%) 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:     16.30
Swing Vix:     15.59


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    2 period(s) ago. RALLY ALERT - (Short-term Market Bottom) Possible Breakout is likely due to strong 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-Bought Sell  8 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, $SI - SILVER 5000 ELECTRONIC Continuous's price has decreased 0.38%, and has ranged from a high of 2,925.0000 to a low of 2,840.0000.


     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. - 2,275.6499
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 2,054.2065
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. - 2,580.8132 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 2,884.4382 
Today's Rally pushed prices on the close above the short term trendline support


INTRADAY PRICE PROJECTIONS
RESISTANCE 2,913.7500
SUPPORT 2,886.2500


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 2,976.5000
PulseWave BreakOut SUPPORT - 2,801.0000


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 4,655.7002
Long term Trend Line resistance is currently at - 3,069.0000
Long term Trend Line support is currently at - 2,275.6499


MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 9,415.7998
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 7,829.0996
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 6,242.3999


VOLATILITY
On 12/17/2010, $SI - SILVER 5000 ELECTRONIC Continuous closed   
below the upper band by 32.8%.

11/19/2010 - SILVER SPOT/FUTURES

THE VULCAN REPORT
Review of $XAG/USD - SILVER Spot (XAG USD)
as of Thursday, November 18, 2010


Today's Price Action


Change    1.3400 (5.23%) 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:     -9.09
Swing Vix:     -6.64


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, $XAG/USD - SILVER Spot's price has increased 0.15% , and has ranged from a high of 29.3400 to a low of 24.9800.


     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. -  21.9850
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  19.5916
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  23.4197 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. -  26.0441 
Today's Rally pushed prices on the close above the short term trendline support


INTRADAY PRICE PROJECTIONS
RESISTANCE  26.7138
SUPPORT  25.9163


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE -  29.3400
PulseWave BreakOut SUPPORT -  24.9800


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET =  44.0500
Long term Trend Line resistance is currently at -  29.3400
Long term Trend Line support is currently at -  21.9850


MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET =  88.1800
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET =  73.4700
BUBBLE PHASE I - (24-36mo) PRICE TARGET =  58.7600


VOLATILITY
On 11/18/2010, $XAG/USD - SILVER Spot closed   
below the upper band by 23.3%.
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"!!