STOPPED OUT OF GOLD FUTURES. LOSS OF $20.00. (LONG FROM 1627.00, STOPPED OUT @ 1607.00 DEC CONTRACT). ON SIDELINES IN GOLD FOR NOW. WILL RE-EVALUATE AFTER TODAYS CLOSE.
SELL OFF CONTINUED AFTER MARKET. STILL HOLDING SP 500 FUTURES SHORT. NASDAQ SHORT TICKET STILL WORKING.
Friday, July 29, 2011 7/292011 - eMINI SP 500 FUTURES THE VULCAN REPORT Review of $0$ SPX - ES E-mini S&P 500 FUTURES ($SPX) as of Thursday, July 28, 2011 Today's Price Action Change -1.7500 (-0.13%) prices closed lower than they opened. with weak 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. 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: -5.32 Swing Vix: -0.54 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 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 13 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, $0$ SPX - ES E-mini S&P 500 FUTURES's price has decreased 0.13%, and has ranged from a high of 1,328.50 to a low of 1,292.25. MOMENTUM MARKET TREND - Currently the TREND is - Neutral within the Bearish KUMO Consolidation cloud(Possible Trend Reversal) with Upside Bullish Breakout risk. A close below 1,290.39 is needed to re-establish the downward trend. However a close above 1,314.32 will establish a new upward trend. TREND STRENGTH - ,,, TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 1,205.14 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,255.40 INTRADAY PRICE PROJECTIONS RESISTANCE 1,314.04 SUPPORT 1,291.21 WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 1,347.75 PulseWave BreakOut SUPPORT - 1,291.25 VOLATILITY On 7/28/2011, $0$ SPX - ES E-mini S&P 500 FUTURES closed above the lower band by 9.5%. 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. STILL HOLDING SHORTS. MOVED STOP TO 1306.00. ADDED NASDAQ SHORT @ 2354.75 WITH STOP @ 2400.75. ALL STOPS ARE GTC ORDERS.
ALGO'S ARE GOING CRAZY. POSSIBLE GINORMOUS SELL ORDERS GOING INTO THE CLOSE. CATASTROPHIC SCENARIO LINING UP. PRICE INFLECTION POINT FOR NASDAQ FUTURES IS NOW SET AT 2360.00 ONCE BREACHED ALL HELL COULD BREAK LOOSE TO THE DOWNSIDE. STILL HOLDING SHORTS.
OK DECIDED TO NOT BE EXPOSED OVER THE WEEKEND DUE TO UNCERTAIN ECONOMIC OUTLOOK. LIQUIDATED SHORTS IN ES & NQ. FILLED @ 1288.00 IN ES & 2359.25 ON NQ.
8/1/2011 - THE VULCAN REPORT [Edit or Delete] Monday, August 1, 2011 8/1/2011 - THE VULCAN REPORT THE VULCAN REPORT Review of $0$ CL - LIGHT CRUDE COMPOSITE Continuous (@:CLC1#I) as of Friday, July 29, 2011 Today's Price Action Change -1.2700 (-1.31%) prices closed lower than they opened. with weak 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: 9.88 Swing Vix: 14.87 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 77 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, $0$ CL - LIGHT CRUDE COMPOSITE Continuous's price has decreased 1.40%, and has ranged from a high of 99.50 to a low of 94.95. MOMENTUM MARKET TREND - Currently the TREND is - Neutral within the Bearish KUMO Consolidation cloud(Possible Trend Reversal) with Upside Bullish Breakout risk. A close below 95.68 is needed to re-establish the downward trend. However a close above 102.26 will establish a new upward trend. TREND STRENGTH - ,,, TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 92.79 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 92.54 INTRADAY PRICE PROJECTIONS RESISTANCE 97.51 SUPPORT 94.83 WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 100.62 PulseWave BreakOut SUPPORT - 94.53 VOLATILITY On 7/29/2011, $0$ CL - LIGHT CRUDE COMPOSITE Continuous closed above the lower band by 22.8%. ================================================ THE VULCAN REPORT Review of $0$ XAU/USD - GOLD Spot (XAU USD) as of Friday, July 29, 2011 Today's Price Action Change 9.7000 (0.60%) prices closed higher than they opened. with strong Bids going into the close. MARKET SENTIMENT PulseScan Swing Vix PulseScan: 40.66 Swing Vix: 40.83 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 0 period(s) ago. This means that negative momentum has entered 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-Bought Sell 38 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, $0$ XAU/USD - GOLD Spot's price has been unchanged, and has ranged from a high of 1,637.50 to a low of 1,613.00. MOMENTUM MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation. TREND STRENGTH - STRONG - Bullish Trend,,BULLISH MOMENTUM, TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 1,410.96 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,411.60 INTRADAY PRICE PROJECTIONS RESISTANCE 1,638.72 SUPPORT 1,611.78 WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 1,610.70 PulseWave BreakOut SUPPORT - 1,581.10 MONTHLY PRICE PROJECTIONS BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 2,090.59 Long term Trend Line resistance is currently at - 1,637.50 Long term Trend Line support is currently at - 1,410.96 MONTHLY PRICE PROJECTIONS BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 3,449.86 BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 2,996.77 BUBBLE PHASE I - (24-36mo) PRICE TARGET = 2,543.68 VOLATILITY On 7/29/2011, $0$ XAU/USD - GOLD Spot closed below the upper band by 18.4%. 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. ================================================= THE VULCAN REPORT Review of $0$ XAG/USD - SILVER Spot (XAG USD) as of Friday, July 29, 2011 Today's Price Action Change 0.1500 (0.38%) 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: 33.28 Swing Vix: 34.27 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. 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, $0$ XAG/USD - SILVER Spot's price has decreased 0.89%, and has ranged from a high of 41.46 to a low of 39.30. MOMENTUM MARKET TREND - Currently the TREND is - Neutral within the Bearish KUMO Consolidation cloud(Possible Trend Reversal) with Upside Bullish Breakout risk. A close below 35.97 is needed to re-establish the downward trend. However a close above 41.06 will establish a new upward trend. TREND STRENGTH - ,,, TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 33.78 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 31.58 INTRADAY PRICE PROJECTIONS RESISTANCE 40.47 SUPPORT 39.24 WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 41.46 PulseWave BreakOut SUPPORT - 38.21 VOLATILITY On 7/29/2011, $0$ XAG/USD - SILVER Spot closed below the upper band by 30.8%. ============================================= THE VULCAN REPORT Review of $0$ ZC - CORN E-CBOT Continuous (@:ZCC1#I) as of Friday, July 29, 2011 Today's Price Action Change -17.7500 (-2.59%) 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: 10.53 Swing Vix: 12.55 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 6 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 14 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, $0$ ZC - CORN E-CBOT Continuous's price has decreased 1.88%, and has ranged from a high of 693.00 to a low of 662.25. MOMENTUM MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 580.88Slightly Bearish - . TREND STRENGTH - ,,,BEARISH MOMENTUM TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 580.88 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 623.50 INTRADAY PRICE PROJECTIONS RESISTANCE 685.61 place stoploss here SUPPORT 661.14 GO SHORT here WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 693.00 PulseWave BreakOut SUPPORT - 670.75 VOLATILITY On 7/29/2011, $0$ ZC - CORN E-CBOT Continuous closed below the upper band by 49.7%. ==============================================
THE VULCAN REPORT Review of $1$ AAPL - APPLE ORD (AAPL) as of Friday, July 29, 2011 Today's Price Action Change -1.3400 (-0.34%) prices closed higher than they opened. with strong Bids going into the close. MARKET SENTIMENT PulseScan Swing Vix PulseScan: 35.12 Swing Vix: 36.63 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. However, the Swing Vix just crossed below 39 from a topping formation. This is a bearish sign. 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 0 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, $1$ AAPL - APPLE ORD's price has decreased 0.54%, and has ranged from a high of 402.64 to a low of 384.00. MOMENTUM MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation. TREND STRENGTH - STRONG - Bullish Trend,,BULLISH MOMENTUM, TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 320.03 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 319.24 INTRADAY PRICE PROJECTIONS RESISTANCE 395.71 SUPPORT 383.44 WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 404.50 GO LONG here PulseWave BreakOut SUPPORT - 348.62 place stoploss here MONTHLY PRICE PROJECTIONS BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 573.44 Long term Trend Line resistance is currently at - 404.50 Long term Trend Line support is currently at - 320.03 MONTHLY PRICE PROJECTIONS BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 1,080.26 BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 911.32 BUBBLE PHASE I - (24-36mo) PRICE TARGET = 742.38 VOLATILITY On 7/29/2011, $1$ AAPL - APPLE ORD closed below the upper band by 25.6%. 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. ============================================= THE VULCAN REPORT Review of $1$ GOOG - GOOGLE CL A ORD (GOOG) as of Friday, July 29, 2011 Today's Price Action Change -7.2500 (-1.19%) prices closed lower than they opened. with weak Bids going into the close. An inverted hammer occurred. If this occurs during a downtrend it implies a reversal. Look for a confirmation of the reversal on the 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). A shooting star occurred (a shooting star has a small real body near the bottom of the candle and a long upper shadow). During an uptrend(which appears to be the case with $1$ GOOG - GOOGLE CL A ORD) the long upper shadow indicates that the bears are gaining control and a top may occur. 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: 35.80 Swing Vix: 37.66 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 3 period(s) ago. However, the Swing Vix just crossed below 39 from a topping formation. This is a bearish sign. 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 0 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, $1$ GOOG - GOOGLE CL A ORD's price has decreased 3.02%, and has ranged from a high of 627.50 to a low of 603.00. 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. - 545.30 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 551.59 INTRADAY PRICE PROJECTIONS RESISTANCE 615.52 SUPPORT 603.13 WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 627.50 GO LONG here PulseWave BreakOut SUPPORT - 525.50 place stoploss here MONTHLY PRICE PROJECTIONS BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 838.27 Long term Trend Line resistance is currently at - 642.96 Long term Trend Line support is currently at - 545.30 MONTHLY PRICE PROJECTIONS BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 1,424.20 BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 1,228.89 BUBBLE PHASE I - (24-36mo) PRICE TARGET = 1,033.58 VOLATILITY On 7/29/2011, $1$ GOOG - GOOGLE CL A ORD closed below the upper band by 30.2%. 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. ===================================================== THE VULCAN REPORT Review of $1$ GS - Goldman Sachs (GS) as of Friday, July 29, 2011 Today's Price Action Change -0.8700 (-0.64%) prices closed higher than they opened. with strong Bids going into the close. MARKET SENTIMENT PulseScan Swing Vix PulseScan: 28.76 Swing Vix: 30.29 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. 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 44 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, $1$ GS - Goldman Sachs's price has decreased 0.64%, and has ranged from a high of 138.13 to a low of 133.13. MOMENTUM MARKET TREND - Currently the TREND is . TREND STRENGTH - STRONG - Bearish TrendBearish KUMO-BREAKDOWN,,,BEARISH MOMENTUM TRENDLINE RETRACEMENT The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 150.42 The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 150.74 INTRADAY PRICE PROJECTIONS RESISTANCE 136.77 SUPPORT 132.96 WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 139.25 place stoploss here PulseWave BreakOut SUPPORT - 125.50 GO SHORT here Long term Trend Line resistance is currently at - 150.42 Long term Trend Line support is currently at - 125.50 BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 75.66 DEFLATED BUBBLE PHASE I - (24-36mo) PRICE DESTRUCTION TARGET = 25.82 DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET = -24.02 DEFLATED BUBBLE PHASE 3 - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET = -73.86 VOLATILITY On 7/29/2011, $1$ GS - Goldman Sachs closed below the upper band by 35.8%. 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. ==============================================
I EXPECT A DECISION TO BE MADE SOMETIME TONIGHT OR TOMORROW NIGHT AT THE LATEST. EITHER WAY I BELIEVE THEY WILL COME TO SOME AGREEMENT. BOUGHT SOME GLD & SSO ON THE CLOSE. SMALL SIZE POSITIONS. JUST A NIBBLE.