THE VULCAN REPORT
Review of US Dollar Yen FOREX (USD/JPY)
as of Friday, July 16, 2010
Today's Price Action
Change -0.7100 (-0.81%)
Weak Bids into the close.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: -12.86
Swing Vix: -11.34
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 0 period(s) ago. This means that negative momentum has entered the market. Expect sideways to lower 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-Sold Buy 9 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, US Dollar Yen FOREX's price has been unchanged, and has ranged from a high of 87.4900 to a low of 86.2500.
MOMENTUM
MARKET TREND - Currently the TREND is VERY-BEARISH - Heavy Distribution-The DownTrend is still entact with prices holding below trendline resistance at- 89.9250.
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 Long Term TRENDLINE RETRACEMENT. - 89.9250
The close is currently Below it's Intermediate Term TRENDLINE RETRACEMENT. - 90.0843
The close is currently Below it's Short Term TRENDLINE RETRACEMENT. - 87.9788
INTRADAY PRICE PROJECTIONS
RESISTANCE 87.2110
SUPPORT 86.5290
WEEKLY PRICE PROJECTIONS
RESISTANCE 89.1500
SUPPORT 86.9700
MONTHLY PRICE PROJECTIONS
Long term Trend Line resistance is currently at - 89.9250
Long term Trend Line support is currently at - 84.7800
BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 74.4900
BEAR MARKET PLUNGE PROTECTION TEAM CIRCUIT BREAKERS
DEFLATED BUBBLE PHASE I - (24-36mo) PRICE DESTRUCTION TARGET = 64.2000
DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET = 53.9100
DEFLATED BUBBLE PHASE 3 - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET = 43.6200
VOLATILITY
On 7/16/2010, US Dollar Yen FOREX closed
above the lower band by 5.9%.
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.
IN PLAY
BULL MARKET LONG/SHORT Signals :
THIS SECURITY IS NOT IN PLAY AT THIS TIME!
BEAR MARKET LONG/SHORT Signals :
Possible 2nd PulseWave Break-Down Continuation SHORT ENTRY- 86.1880
Profit Target 81.8400
Stop Loss 87.5520
WARNING - Inside Day / Bearish Retracement rally off previous low (Possible Breakout above) - LONG ENTRY- 87.5520
Profit Target 90.5200
Stop Loss 86.7563
Our Price Action Momentum indicators are pointing Down possible selloff beyond intraday support - SHORT ENTRY - 86.1880
Profit Target 83.0800
Stop Loss 87.5520
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 please visit - http://www.youtube.com/user/pulsescan72
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Showing posts with label usd/jpy. Show all posts
Showing posts with label usd/jpy. Show all posts
Monday, July 19, 2010
Monday, November 30, 2009
Warnings The U.S. Monetary System is in REAL trouble!
*
Warnings The U.S. Monetary System is in REAL trouble!
With the stock market hitting new highs and then retreating the question that remains.....is this a real bull market??
The short answer is NO! Make no mistake that this current market environment is being controlled and manipulated by Goldman sachs, JP Morgan, Congress and the Wall Street elite. With the TARP funds being easily distributed without constraints and bailout after bailout after bailout of Wall Street, banks and the auto industry you can expect to see a run up in stocks as companies fuse layoffs and cuts backs into profits even though companies are not selling a thing. While masses of people are being layed off and entire industries fading away never to return the future looks extremely dark for Americans. I expect a total economic collapse including the death of the dollar along with civil uprising and marshall law. With a total breakdown of society I expect a New gov't to emerge. I expect to see the U.N. come to the rescue as they run the country. Expect to see U.N. vehicles riding down U.S. streets. Expect to see black ops type technologies being unveiled to the people in attempt to control the masses. UFO vehicles will be common place. Space age type weapons will be used daily to calm and sedate the masses. Extreme show of force and demonizing the Resistance. Amazing things are to come MOST of which will not be believable if I told you. One inportant thing to mention is nationwide starvation with millions unemployed and daily riots and uncontrollable crime in the inner cities.Abandoned buildings and neighborhoods. Discusting streets filled with trash and feces since sanitation is non existance. The U.S. will become unrecognizable within a short period of time. This is what collapse looks like. I hope that I'm wrong. I hope that I'm dreaming all this stuff up. I hope I'm discredited by a recovery that includes jobs and improved standard of living conditions for those that have lost job and have lost everything.
NOTE: Crude Oil, AUD/USD and EUR/USD are following the SPY perfectly. Likewise the USD/JPY and USD/CHF are following the Dollar index. However, don't always count on these correllations because from time to time they come unglued and can ALL rise or fall together. The TLT i.e. Bond/Treasuries can rise or fall with the Dollar which can also move in the same direction with the stock market which can move in the same direction as gold and oil. YES ..........GOLD, OIL, DOLLAR, SPY, BONDS etc etc etc can ALL move in the same direction at the same time on the same day. It HAS happened before and IT will happen again. I expect All to collapse simultaneously in the near future.
Tags: SPY, OIH, MARKET MELTDOWN
TODAY'S CHART
Current Track Record
Warnings The U.S. Monetary System is in REAL trouble!
With the stock market hitting new highs and then retreating the question that remains.....is this a real bull market??
The short answer is NO! Make no mistake that this current market environment is being controlled and manipulated by Goldman sachs, JP Morgan, Congress and the Wall Street elite. With the TARP funds being easily distributed without constraints and bailout after bailout after bailout of Wall Street, banks and the auto industry you can expect to see a run up in stocks as companies fuse layoffs and cuts backs into profits even though companies are not selling a thing. While masses of people are being layed off and entire industries fading away never to return the future looks extremely dark for Americans. I expect a total economic collapse including the death of the dollar along with civil uprising and marshall law. With a total breakdown of society I expect a New gov't to emerge. I expect to see the U.N. come to the rescue as they run the country. Expect to see U.N. vehicles riding down U.S. streets. Expect to see black ops type technologies being unveiled to the people in attempt to control the masses. UFO vehicles will be common place. Space age type weapons will be used daily to calm and sedate the masses. Extreme show of force and demonizing the Resistance. Amazing things are to come MOST of which will not be believable if I told you. One inportant thing to mention is nationwide starvation with millions unemployed and daily riots and uncontrollable crime in the inner cities.Abandoned buildings and neighborhoods. Discusting streets filled with trash and feces since sanitation is non existance. The U.S. will become unrecognizable within a short period of time. This is what collapse looks like. I hope that I'm wrong. I hope that I'm dreaming all this stuff up. I hope I'm discredited by a recovery that includes jobs and improved standard of living conditions for those that have lost job and have lost everything.
NOTE: Crude Oil, AUD/USD and EUR/USD are following the SPY perfectly. Likewise the USD/JPY and USD/CHF are following the Dollar index. However, don't always count on these correllations because from time to time they come unglued and can ALL rise or fall together. The TLT i.e. Bond/Treasuries can rise or fall with the Dollar which can also move in the same direction with the stock market which can move in the same direction as gold and oil. YES ..........GOLD, OIL, DOLLAR, SPY, BONDS etc etc etc can ALL move in the same direction at the same time on the same day. It HAS happened before and IT will happen again. I expect All to collapse simultaneously in the near future.
Tags: SPY, OIH, MARKET MELTDOWN
TODAY'S CHART
Current Track Record
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