The Vulcan Report - Documenting the Economic Collapse of the entire global system.

THE VULCAN REPORT
Review of EMINI S&P 500 (US@ES.1)
as of Tuesday, July 26, 2011

Today's Price Action

Change 3.5000 (0.26%) prices closed higher than they opened. with strong Bids going into the close.

MARKET SENTIMENT

PulseScan Swing Vix

PulseScan: 19.25
Swing Vix: 16.57

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-Bought Sell 11 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, EMINI S&P 500's price has decreased 0.41%, and has ranged from a high of 1,347.75 to a low of 1,315.00.

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.,,BULLISH MOMENTUM,

TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 1,205.25
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,250.82


INTRADAY PRICE PROJECTIONS
RESISTANCE 1,340.39 place stoploss here
SUPPORT 1,326.36 GO SHORT here

WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 1,327.75
PulseWave BreakOut SUPPORT - 1,291.25

MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 1,710.00
Long term Trend Line resistance is currently at - 1,373.50
Long term Trend Line support is currently at - 1,205.25

MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 2,719.50
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 2,383.00
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 2,046.50

VOLATILITY
On 7/26/2011, EMINI S&P 500 closed
below the upper band by 28.4%.
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.
 
Thursday, July 28, 2011
7/28/2011 - Emini SP 500 Futures
THE VULCAN REPORT
Review of $1SPX - ES E-mini S&P 500 FUTURES ($SPX)
as of Wednesday, July 27, 2011


Today's Price Action


Change -26.7500 (-2.02%) 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: 7.99
Swing Vix: 9.03


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 daysThe 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 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 PulseScan leads the market 3-5 days out we will wait to see if an upside breakout occurs.

*Since the last Swing Vix signal, $1SPX - ES E-mini S&P 500 FUTURES's price has been unchanged, and has ranged from a high of 1,328.50 to a low of 1,298.00.


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 1,291.06 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. - 1,254.91


INTRADAY PRICE PROJECTIONS
RESISTANCE 1,330.03
SUPPORT 1,296.47


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 1,347.75
PulseWave BreakOut SUPPORT - 1,291.25


VOLATILITY
On 7/27/2011, $1SPX - ES E-mini S&P 500 FUTURES closed
above the lower band by 9.7%.
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.
 
7/28/2011 - E-mini NASDAQ 100 FUTURES
THE VULCAN REPORT
Review of $1NDX - NQ E-mini NASDAQ 100 FUTURES ($NDX)
as of Wednesday, July 27, 2011


Today's Price Action


Change -61.7500 (-2.55%) 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: 30.84
Swing Vix: 32.04


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 11 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, $1NDX - NQ E-mini NASDAQ 100 FUTURES's price has been unchanged, and has ranged from a high of 2,425.75 to a low of 2,358.25.


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. - 2,091.41
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 2,200.06


INTRADAY PRICE PROJECTIONS
RESISTANCE 2,429.13 place stoploss here GO LONG here
SUPPORT 2,354.88 GO SHORT here place stoploss here


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 2,435.50 GO LONG here
PulseWave BreakOut SUPPORT - 2,314.50 place stoploss here


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 3,123.68
Long term Trend Line resistance is currently at - 2,435.50
Long term Trend Line support is currently at - 2,091.41


MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 5,188.22
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 4,500.04
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 3,811.86


VOLATILITY
On 7/27/2011, $1NDX - NQ E-mini NASDAQ 100 FUTURES closed
above the lower band by 40.4%.
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.
 
jobless claims came in lower but last weeks numbers have been revised upward. the games continue in the govt numbers. im sure next week will be revised upward for this week. markets shaking off the news as it suspects next week we will get a correction basically saying "sike" we fooled you there are no jobs.
 
WE HAD A SMALL POP AFTER THE ANNOUNCEMENT AND NOTHING HAS HAPPENED SINCE. I BELIEVE THAT WE MAY SEE A REPEAT OF YESTERDAYS SELL OFF ON THE NYSE 9:30AM OPEN.
 
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