8/2/2011 - THE VULCAN REPORT
THE VULCAN REPORT
Review of $1$ TYD - DIRXN DLY 10 YR TRSY BUL 3X SHS ETF (TYD)
as of Monday, August 01, 2011
Today's Price Action
Change 0.6500 (1.02%) prices closed higher than they opened. with strong Bids going into the close.This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area , the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 27.79
Swing Vix: 24.50
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 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 8 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, $1$ TYD - DIRXN DLY 10 YR TRSY BUL 3X SHS ETF's price has increased 1.02% , and has ranged from a high of 64.54 to a low of 62.39.
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. - 59.26
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 57.04
INTRADAY PRICE PROJECTIONS
RESISTANCE 64.60 GO LONG here
SUPPORT 63.28 place stoploss here
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 62.28
PulseWave BreakOut SUPPORT - 60.11
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 87.02
Long term Trend Line resistance is currently at - 68.51
Long term Trend Line support is currently at - 59.26
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 142.55
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 124.04
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 105.53
VOLATILITY
On 8/1/2011, $1$ TYD - DIRXN DLY 10 YR TRSY BUL 3X SHS ETF closed above the upper band by 4.3%.
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THE VULCAN REPORT
Review of $1$ TYD - DIRXN DLY 10 YR TRSY BUL 3X SHS ETF (TYD)
as of Monday, August 01, 2011
Today's Price Action
Change 0.6500 (1.02%) prices closed higher than they opened. with strong Bids going into the close.This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area , the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 27.79
Swing Vix: 24.50
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 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 8 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, $1$ TYD - DIRXN DLY 10 YR TRSY BUL 3X SHS ETF's price has increased 1.02% , and has ranged from a high of 64.54 to a low of 62.39.
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. - 59.26
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 57.04
INTRADAY PRICE PROJECTIONS
RESISTANCE 64.60 GO LONG here
SUPPORT 63.28 place stoploss here
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 62.28
PulseWave BreakOut SUPPORT - 60.11
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 87.02
Long term Trend Line resistance is currently at - 68.51
Long term Trend Line support is currently at - 59.26
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 142.55
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 124.04
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 105.53
VOLATILITY
On 8/1/2011, $1$ TYD - DIRXN DLY 10 YR TRSY BUL 3X SHS ETF closed above the upper band by 4.3%.
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