<object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/qpU5p9ws8sc&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/qpU5p9ws8sc&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object> The Vulcan Report (45) - Euro Collapse = SP 500 to hit 400 by next April (pt 1) <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/nXed-b47xDU&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/nXed-b47xDU&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object> The Vulcan Report (45) Euro Collapse = SP 500 to hit 400 by next April (pt 2)
I believe that the possibility of the printing presses continuing to go into overdrive will push the dow higher. The 1st resistance area should be at the 10400 trend line area. I'm attempting to measure the possibility of extreme movement in one extreme high to the other extreme low. in either case sp 500 going to 400 is on the table.
Unfortunately I was correct again as usual. We are in BIG trouble here in the US. The Gulf Oil spill will not only destroy what little we have left of an economy but will destroy our food supply as well.
<object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/nQOARceFRjs&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/nQOARceFRjs&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object> The Vulcan Report (46) - The Collapse of Gold and Silver - (pt 1) http://www.youtube.com/watch?v=nQOARceFRjs <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/FL9ODFUT4lE&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/FL9ODFUT4lE&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object> The Vulcan Report (46) - The Collapse of Gold and Silver - (pt 2) http://www.youtube.com/watch?v=FL9ODFUT4lE THE VULCAN REPORT Review of XAU/USD - COMEX GOLD SPOT (XAU USD) as of Friday, June 04, 2010 CHART PATTERNS A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 6 white "UP" candles and 4 black "DOWN" candles for a net of 2 white (UP) candles. During the past 50 bars, there have been 23 white "UP" candles and 25 black "DOWN" candles for a net of 2 black (DOWN) candles. PulseScan Swing Vix Swing Index PulseScan: 15.38 Swing Vix: 13.87 Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix 6 period(s) ago. The last signal was a +SWING VIX Buy 6 period(s) Ago. PANDORA'S LITTLE BLACK BOX PulseScan LONG ENTRY : ,2nd-PulseWave LONG /,,Possible 1st PulseWave LONG Consolidation Break-Out /,,2nd IntraDay BreakOut LONG/, SWING TRADE ENTRIES 2nd PulseWave LONG 122,860 1st PulseWave LONG 121,986 DAY TRADE ENTRIES 2nd IntraDay BreakOut LONG 122,070 1st IntraDay BreakOut LONG 121,443 PROFIT TARGETS 1st IntraDay Profit Target 121,956 2nd IntraDay Profit Target 123,097 STOP LOSS Stop Loss/Stop & Reverse 120,606 Watch for possible breakout shorts - 2nd PulseWave - from 116,637 Swing Vix SHORT ENTRY : ,,,,,, The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher 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-Bought Sell 26 period(s) Ago. The Swing Vix does not currently show any Failure Swings. The Swing Vix and price are not diverging. Since the Swing Vix crossed its moving average, XAU/USD - COMEX GOLD SPOT's price has decreased 0.31%, and has ranged from a high of 122,860 to a low of 119,675. MARKET TREND Currently the TREND is Bullish-Retracement- Up. The current market condition for XAU/USD - COMEX GOLD SPOT is: Very Bullish\ The close is currently Above it's 264 Long Term period moving average. 107,699 The close is currently Above it's 40 Intermediate Term period moving average. 117,811 The close is currently Below it's 10 Short Term period moving average. 120,531 Volatility On 6/4/2010, XAU/USD - COMEX GOLD SPOT closed above the lower band by 41.7%. 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. ============================ THE VULCAN REPORT Review of XAG/USD - COMEX SILVER SPOT (SL-XAU USD) as of Friday, June 04, 2010 CHART PATTERNS A big black candle occurred. 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 (e.g., a moving average, trendline, or price resistance level), 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. During the past 10 bars, there have been 4 white "UP" candles and 6 black "DOWN" candles for a net of 2 black (DOWN) candles. During the past 50 bars, there have been 19 white "UP" candles and 27 black "DOWN" candles for a net of 8 black (DOWN) candles. 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. PulseScan Swing Vix Swing Index PulseScan: -9.60 Swing Vix: -8.55 Currently The Market Pulse is negative since it is trading below its signal line.The PulseScan crossed below the Swing Vix 0 period(s) ago. The last signal was a -SWING VIX Sell 0 period(s) Ago. PANDORA'S LITTLE BLACK BOX PulseScan LONG ENTRY : ,,,Possible 1st PulseWave LONG Consolidation Break-Out /,,, SWING TRADE ENTRIES 2nd PulseWave LONG 1,868 1st PulseWave LONG 1,844 DAY TRADE ENTRIES 2nd IntraDay BreakOut LONG 1,805 1st IntraDay BreakOut LONG 1,784 PROFIT TARGETS 1st IntraDay Profit Target 1,801 2nd IntraDay Profit Target 1,838 STOP LOSS Stop Loss/Stop & Reverse 1,757 Watch for possible breakout shorts - 2nd PulseWave - from 1,740 Swing Vix SHORT ENTRY : ,,,,,, The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum is entering 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-Bought Sell 43 period(s) Ago. The Swing Vix does not currently show any Failure Swings. The Swing Vix and price are not diverging. Since the Swing Vix crossed its moving average, XAG/USD - COMEX SILVER SPOT's price has been unchanged, and has ranged from a high of 1,801 to a low of 1,727. MARKET TREND Currently the TREND is Bullish-Retracement- Up. The current market condition for XAG/USD - COMEX SILVER SPOT is: Mildly Bullish\ The close is currently Above it's 264 Long Term period moving average. 1,611 The close is currently Below it's 40 Intermediate Term period moving average. 1,805 The close is currently Below it's 10 Short Term period moving average. 1,827 Volatility On 6/4/2010, XAG/USD - COMEX SILVER SPOT closed above the lower band by 14.9%. 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.
THE VULCAN REPORT Review of Euro Currency (EUR/USD) as of Monday, June 07, 2010 CHART PATTERNS A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 3 white "UP" candles and 7 black "DOWN" candles for a net of 4 black (DOWN) candles. During the past 50 bars, there have been 19 white "UP" candles and 29 black "DOWN" candles for a net of 10 black (DOWN) candles. 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. 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. PulseScan Swing Vix Swing Index PulseScan: -38.66 Swing Vix: -36.25 Currently The Market Pulse is negative since it is trading below its signal line.The PulseScan crossed below the Swing Vix 2 period(s) ago. The last signal was a -SWING VIX Sell 2 period(s) Ago. PANDORA'S LITTLE BLACK BOX PulseScan LONG ENTRY : ,,,,,, Swing Vix SHORT ENTRY : ,,,,1st IntraDay BreakDown SHORT /,, SWING TRADE ENTRIES 2nd PulseWave SHORT 1.2153 1st PulseWave SHORT 1.2116 DAY TRADE ENTRIES 2nd IntraDay BreakDown SHORT 1.1870 1st IntraDay BreakDown SHORT 1.1902 PROFIT TARGETS 1st IntraDay Profit Target 1.1876 2nd IntraDay Profit Target 1.1819 STOP LOSS Stop Loss/Stop & Reverse 1.1943 Watch for possible breakout longss - 2nd PulseWave - from 1.2452 The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum is entering 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-Sold Buy 12 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 Swing Vix crossed its moving average, Euro Currency's price has decreased 1.96%, and has ranged from a high of 1.2325 and to a low of 1.1876.[/i] MARKET TREND Currently the TREND is VERY-BEARISH- Down. The current market condition for Euro Currency is: \Very Bearish The close is currently Below it's 264 Long Term period moving average. 1.3509 The close is currently Below it's 40 Intermediate Term period moving average. 1.2840 The close is currently Below it's 10 Short Term period moving average. 1.2364 Volatility On 6/7/2010, Euro Currency closed below the lower band by 8.5%. Although prices have broken the lower band and a downside breakout is possible, the most likely scenario is for the current trading range that Euro Currency is in to continue. 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.
<object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/uxShUTSGATk&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/uxShUTSGATk&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object> The Vulcan Report (47) - Markets set to test Upper Resistance
<object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/EuTz7BD5v5U&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/EuTz7BD5v5U&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object> The Vulcan Report (48) - Follow The Smart Money