THE VULCAN REPORT
Review of $0$ DX - US DOLLAR INDEX ICE Continuous (@:DXC1#I)
as of Tuesday, August 09, 2011
Today's Price Action
Change -1.0000 (-1.33%) prices closed lower than they opened. with weak Bids going into the close.
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. It then signifies that the momentum may be shifting from the bulls to the bears.
If the engulfing bearish pattern occurs during a downtrend (which appears to be the case with $0$ DX - US DOLLAR INDEX ICE Continuous), 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: -1.93
Swing Vix: -1.98
The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of 8 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 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, $0$ DX - US DOLLAR INDEX ICE Continuous's price has decreased 0.39%, and has ranged from a high of 75.64 to a low of 73.66.
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 bottom. This means that the bears are liquidating short positions thus taking some profit off the table.,,,BEARISH MOMENTUM
TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 78.25
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 77.22
INTRADAY PRICE PROJECTIONS
RESISTANCE 75.16 place stoploss here GO LONG here
SUPPORT 73.93 GO SHORT here place stoploss here
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 76.55 place stoploss here
PulseWave BreakOut SUPPORT - 73.06 GO SHORT here
Long term Trend Line resistance is currently at - 78.25
Long term Trend Line support is currently at - 72.86
BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 62.08
DEFLATED BUBBLE PHASE I - (24-36mo) PRICE DESTRUCTION TARGET = 51.31
DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET = 40.53
DEFLATED BUBBLE PHASE 3 - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET = 29.76
VOLATILITY
On 8/9/2011, $0$ DX - US DOLLAR INDEX ICE Continuous closed
above the lower band by 20.0%.
THE VULCAN REPORT
Review of US DOLLAR INDEX (US@DX.1)
as of Wednesday, June 29, 2011
Today's Price Action
Change -0.3050 (-0.40%) prices closed lower than they opened. with weak Bids going into the close.
A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. The two candles preceding the falling window were black, which makes this pattern even more bearish.
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: 22.30
Swing Vix: 22.09
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 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 13 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, US DOLLAR INDEX's price has decreased 1.24%, and has ranged from a high of 76.59 to a low of 75.04.
MOMENTUM
MARKET TREND - Currently the TREND is -The DownTrend is still entact with prices holding below trendline resistance at- 79.79.
TREND STRENGTH - ,
TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 79.79
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 77.75
The close is currently Below it's Intermediate Term TRENDLINE RETRACEMENT. - 75.40
The close is currently Below it's Short Term TRENDLINE RETRACEMENT. - 75.52
Today's Sell off pushed prices on the close below the short term trendline resistance
INTRADAY PRICE PROJECTIONS
RESISTANCE 75.57
SUPPORT 75.01
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 76.59
PulseWave BreakOut SUPPORT - 74.86
VOLATILITY
On 6/29/2011, US DOLLAR INDEX closed
below the upper band by 42.1%.
Risk Disclosure
THE VULCAN REPORT
Review of $DX - US DOLLAR INDEX ICE Continuous (@:DXc1#I)
as of Tuesday, February 01, 2011
Today's Price Action
Change -0.6720 (-0.86%) 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: -43.17
Swing Vix: -43.02
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 1 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 42 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The security price has set a new 14-period low while the Swing Vix has not. This is a bullish divergence. Since the PulseScan leads the market 3-5 days out we will wait to see if an upside breakout occurs.
*Since the last Swing Vix signal, $DX - US DOLLAR INDEX ICE Continuous's price has decreased 0.86%, and has ranged from a high of 78.4700 to a low of 77.0850.
MOMENTUM
MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.
TREND STRENGTH - WEAK - RANGE BOUND (Prices have ceased trending and have become consolidated at this time) The market has put in a short term bottom. This means that the bears are liquidating short positions thus taking some profit off the table.,
TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 82.0175
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 80.5972
The close is currently Below it's Intermediate Term TRENDLINE RETRACEMENT. - 79.4247
The close is currently Below it's Short Term TRENDLINE RETRACEMENT. - 78.2995
INTRADAY PRICE PROJECTIONS
RESISTANCE 77.6314
SUPPORT 77.2436
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 78.5700
PulseWave BreakOut SUPPORT - 77.7050
Long term Trend Line resistance is currently at - 82.0175
Long term Trend Line support is currently at - 75.2350
BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 61.6700
DEFLATED BUBBLE PHASE I - (24-36mo) PRICE DESTRUCTION TARGET = 48.1050
DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET = 34.5400
DEFLATED BUBBLE PHASE 3 - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET = 20.9750
VOLATILITY
On 2/1/2011, $DX - US DOLLAR INDEX ICE Continuous closed
above the lower band by 9.4%.
THE VULCAN REPORT
Review of $DX - US DOLLAR INDEX ICE Continuous (@:DXc1#I)
as of Thursday, January 27, 2011
Today's Price Action
Change -0.1810 (-0.23%) prices closed lower than they opened. with weak Bids going into the close.
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 long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).
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: -43.67
Swing Vix: -42.68
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 11 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 39 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
*Since the last Swing Vix signal, $DX - US DOLLAR INDEX ICE Continuous's price has decreased 2.99%, and has ranged from a high of 81.1450 to a low of 77.7100.
MOMENTUM
MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.
TREND STRENGTH - WEAK - RANGE BOUND (Prices have ceased trending and have become consolidated at this time) The market has put in a short term bottom. This means that the bears are liquidating short positions thus taking some profit off the table.,
TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 82.0175
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 80.6336
The close is currently Below it's Intermediate Term TRENDLINE RETRACEMENT. - 79.5904
The close is currently Below it's Short Term TRENDLINE RETRACEMENT. - 78.7008
INTRADAY PRICE PROJECTIONS
RESISTANCE 78.1517
SUPPORT 77.8382
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 81.6350
PulseWave BreakOut SUPPORT - 79.0250
Long term Trend Line resistance is currently at - 82.0175
Long term Trend Line support is currently at - 75.2350
BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 61.6700
DEFLATED BUBBLE PHASE I - (24-36mo) PRICE DESTRUCTION TARGET = 48.1050
DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET = 34.5400
DEFLATED BUBBLE PHASE 3 - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET = 20.9750
VOLATILITY
On 1/27/2011, $DX - US DOLLAR INDEX ICE Continuous closed
above the lower band by 12.4%.
THE VULCAN REPORT
Review of $DX - US DOLLAR INDEX ICE Continuous (@:DXc1#I)
as of Tuesday, November 30, 2010
Today's Price Action
Change 0.3690 (0.46%) 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: 43.34
Swing Vix: 43.26
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 4 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 7 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, $DX - US DOLLAR INDEX ICE Continuous's price has increased 1.67% , and has ranged from a high of 81.5250 to a low of 79.4650.
MOMENTUM
MARKET TREND - Currently the TREND is -The DownTrend is still entact with prices holding below trendline resistance at- 81.5050.
TREND STRENGTH - , neutral
TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 81.5050
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 80.7915
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 79.2462
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 79.7631
INTRADAY PRICE PROJECTIONS
RESISTANCE 81.3484
SUPPORT 80.9166
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 79.5850
PulseWave BreakOut SUPPORT - 78.0600
VOLATILITY
On 11/30/2010, $DX - US DOLLAR INDEX ICE Continuous closed
below the upper band by 3.9%.
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
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"!!
