THE VULCAN REPORT
Review of $1SB - SUGAR 11 ICE Continuous (@:SBC1#I)
as of Wednesday, July 27, 2011
Today's Price Action
Change prices closed higher than they opened. with strong Bids going into the close.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 34.66
Swing Vix: 31.52
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 3 period(s) ago. The Swing Vix is above 29. This is where it usually forms Resistance. The Swing Vix usually forms Resistance 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 9 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, $1SB - SUGAR 11 ICE Continuous's price has decreased 0.83%, and has ranged from a high of 31.68 to a low of 29.93.
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.,,BULLISH MOMENTUM,
TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 26.47
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 25.76
INTRADAY PRICE PROJECTIONS
RESISTANCE 31.49 GO LONG here
SUPPORT 30.63 place stoploss here
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 31.33
PulseWave BreakOut SUPPORT - 28.20
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 55.30
Long term Trend Line resistance is currently at - 36.08
Long term Trend Line support is currently at - 26.47
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 112.96
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 93.74
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 74.52
VOLATILITY
On 7/27/2011, $1SB - SUGAR 11 ICE Continuous closed
below the upper band by 14.4%.
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 SUGAR (US@SB.1)
as of Monday, July 18, 2011
Today's Price Action
Change 0.1000 (0.35%) prices closed higher than they opened. with strong Bids going into the close.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 26.59
Swing Vix: 28.72
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. 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 2 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, SUGAR's price has decreased 2.45%, and has ranged from a high of 30.21 to a low of 28.20.
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. - 25.86
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 25.44
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 26.09
The close is currently Below it's Short Term TRENDLINE RETRACEMENT. - 28.80
Today's Sell off pushed prices on the close below the short term trendline resistance
INTRADAY PRICE PROJECTIONS
RESISTANCE 29.16
SUPPORT 28.15
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 31.33
PulseWave BreakOut SUPPORT - 25.18
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 56.52
Long term Trend Line resistance is currently at - 36.08
Long term Trend Line support is currently at - 25.86
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 117.84
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 97.40
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 76.96
VOLATILITY
On 7/18/2011, SUGAR closed
below the upper band by 28.7%.
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.
Risk Disclosure
THE VULCAN REPORT
Review of SUGAR (US@SB.1)
as of Tuesday, June 28, 2011
Today's Price Action
Change 1.1000 (4.25%) 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: 39.92
Swing Vix: 40.46
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 1 period(s) ago.
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 9 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, SUGAR's price has increased 4.25% , and has ranged from a high of 27.23 to a low of 25.18.
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. - 25.52
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 25.09
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 24.73
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 25.58
INTRADAY PRICE PROJECTIONS
RESISTANCE 27.30
SUPPORT 25.84
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 26.31
PulseWave BreakOut SUPPORT - 24.30
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 57.21
Long term Trend Line resistance is currently at - 36.08
Long term Trend Line support is currently at - 25.52
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 120.60
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 99.47
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 78.34
VOLATILITY
On 6/28/2011, SUGAR closed
below the upper band by 7.2%.
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.HIGH VOLATILITY ALERT - A Breakout of Upper Volatility Band occured
Risk Disclosure
