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Friday, July 30, 2010

7/30/2010 - Gold to Implode: Don't Become a Squashed Gold Bug



Gold to Implode: Don't Become a Squashed Gold Bug

By Ron Coby Jul 28, 2010 7:55 am



Editor's Note: The following was written by Ron Coby, who, along with his partner Denny Lamson, uses the proprietary Lamson Grail Timing Indicator to provide timely trades to subscribers of the Grail ETF & Equity Investor newsletter. Learn more or sign up for a FREE 14-day trial.


Gold has a huge head-and-shoulder top and gold stocks put in giant double tops on the gold bug index long ago. Don't become a squashed gold bug as the Amex Gold BUGS Index made a giant double top at 501, and gold stocks are a great leading indicator for the future price of gold. On May 12 the HUI Index closed at 502 and on June 28 it closed at 501. This is a lower high on the right side of this double top, or what many call an "M pattern." The Gold Bug Index is now under the 200-day moving average so the M pattern is now completed. The chart below shows the daily Gold SPDR (GLD) and it doesn't look pretty.


Click to enlarge


I'm a longtime gold bug. I even wrote a whole chapter on gold in my book, Discover the Upside of Down. My first stock recommendation on TV was New Gold (NGD) at $1.50 per share. I also recommended Goldcorp (GG) and Great Basin Gold (GBG) as well. New Gold hit the $6 target I mentioned on TV before it finally crashed.

Gold has been in a long and powerful bull market trend but it's on a sell on our trend and timing indicators. We view any coming crash in gold as a correction in a mega bull market and a buying opportunity. However, you never can know if that will be the case. After a long bull market, gold could reverse into a brand new downtrend. Our trend indicator is telling us that gold has reversed its uptrend and may in fact be entering a new bear market. Only time will tell.

Gold is a very crowded trade right now as everyone seems to be bullish on gold. Every day there are commercials with something bullish to say about gold. Some of those commercials show hotlines with multiple people waiting for you to call and buy gold. The commercial that I hear over and over again says, "Gold has been up for 10 straight years so you should go out and buy gold." Because gold prices are sky high right now and have been up for 10 straight years, is now really a great time to buy? Remember that the stock market had a straight and steady rise from the 1982 lows until it crashed in 1987. That's what can happen to gold too after a 10-year run.

As of Tuesday's close, Goldcorp was down 4.2% over the past five sessions, Barrick (ABX) down 5.4% over the same period, Kinross (KGC) off 0.97%, Newmont Mining (NEM) lower by 6.2%, and AngloGold Ashanti (AU) down 3.7%. 

The very sharp folks at Elliot Wave Theorist (EWT) have said that recent investor and trader surveys showed bulls as high as 98%. Those are sentiment numbers you see at a major top and are clear signs of euphoria. This move below 1180 on gold is very concerning but a close below 1160 would be very bearish for gold. Any close under 1000 and a crash will likely be the end result for gold and especially gold stocks.

I want to prepare you for what's developing on our timing and trend indicators on gold and gold stocks. Gold could become a victim of its own success if the stock market enters another capitulation stage, like I suspect it will later this summer or fall. At a mass liquidation stage, the big winners get sold down the hardest and gold has been the big winner for the last 10 years.

For those who simply want to hedge their gold and gold stock exposure, the ProShares UltraShort Gold ETF (GLL) is one way to do so. My partner Denny and I put out a timely buy on GLL a couple weeks ago in the Minyanville Grail ETF & Equity program, so we had subscribers get short gold. Everyone who took that suggestion is already up about 10% on GLL.

In summary, the gold bulls need to quickly push gold back higher or there will be some serious blood in the streets. Don't be a squashed gold bug because when gold reverses, it crashes. We most certainly will be buyers after any crash in gold and especially in gold stocks. We also put out a short on silver Tuesday morning for subscribers as well. Birds of a feather tend to flock together. Right now these two birds are getting shot down and could have a long way to fall.


http://www.minyanville.com/businessmarkets/articles/gold-gold-bug-gold-stocks-amex/7/28/2010/id/29333

Thursday, July 29, 2010

7/30/2010 - InPlay

In Play

The Vulcan Report (91) 7-29-2010 - GLD .mp4

The Vulcan Report (90) 7-29-2010 - STOCK INDEXES.mp4

The Vulcan Report (88) 7-29-2010 - Gold Spot.mp4

7/29/2010 - INPLAY

INPLAY

7/29/2010 - TLT - THE VULCAN REPORT Review of US Bonds 20yr+ ETF (TLT) as of Wednesday, July 28, 2010

THE VULCAN REPORT
Review of US Bonds 20yr+ ETF (TLT)
as of Wednesday, July 28, 2010


Today's Price Action


Change    0.3200 (0.32%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:    -16.05
Swing Vix:    -10.51


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    3 period(s) ago. RALLY ALERT - (Short-term Market Bottom) Possible Breakout is likely due to strong market pulse projectionsThe 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 16 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, US Bonds 20yr+ ETF's price has decreased 0.81%, and has ranged from a high of 100.9700 to a low of 98.2700.


     MOMENTUM


     MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation- The UpTrend is still entact with prices holding above trendline support at-  94.9800.


        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.,


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  94.9800
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  97.7575 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. -  99.7522 




INTRADAY PRICE PROJECTIONS
RESISTANCE  98.9830
SUPPORT  98.4770


WEEKLY PRICE PROJECTIONS
RESISTANCE 102.2800
SUPPORT  98.1800


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 118.0200
Long term Trend Line resistance is currently at - 102.6600
Long term Trend Line support is currently at -  94.9800


BULL MARKET HYPER PARABOLIC CIRCUIT BREAKERS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 164.1000
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 148.7400
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 133.3800


VOLATILITY
On 7/28/2010, US Bonds 20yr+ ETF closed   
above the lower band by 21.1%.




     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


3rd PulseWave 
LONG ENTRY - 102.6600
       Profit Target 118.0200 
   Stop Loss/Stop & Reverse  98.2240


    RALLY ALERT - (Market Bottom) Possible Breakout is likely due to strong market pulse projections           


       LONG ENTRY-  99.2360
   Profit Target 102.4900
   Stop Loss  98.2240




SHORT Signals :  


           WARNING - Inside Day / Bullish Retracement pull back from previous high (Possible Breakdown below)   


        SHORT ENTRY-  98.2240
   Profit Target  96.0500
   Stop Loss  99.2360


Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. 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 on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72


Be Sure to register for faster updates and commentaries at -
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BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!








7/29/2010 - JJG - THE VULCAN REPORT Review of DJUBS GRAINS ETF (JJG) as of Wednesday, July 28, 2010

THE VULCAN REPORT
Review of DJUBS GRAINS ETF (JJG)
as of Wednesday, July 28, 2010


Today's Price Action


Change    1.0700 (2.92%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:     17.16
Swing Vix:     18.70


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    7 period(s) ago. RALLY ALERT - (Short-term Market Bottom) Possible Breakout is likely due to strong market pulse projectionsThe 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  5 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, DJUBS GRAINS ETF's price has increased 1.26% , and has ranged from a high of 38.1000 to a low of 36.5300.


     MOMENTUM


     MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation- The UpTrend is still entact with prices holding above trendline support at-  37.5000.


        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.,


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  37.5000
Today's Rally pushed prices on the close above the long term trendline resistance - This is Bullish as the market is now under heavy Accumulation.


The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  35.4661 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. -  37.0310 
Today's Rally pushed prices on the close above the short term trendline support


INTRADAY PRICE PROJECTIONS
RESISTANCE  37.8065
SUPPORT  37.3335


WEEKLY PRICE PROJECTIONS
RESISTANCE  38.1000
SUPPORT  36.5300


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET =  53.0100
Long term Trend Line resistance is currently at -  42.6700
Long term Trend Line support is currently at -  37.5000


BULL MARKET HYPER PARABOLIC CIRCUIT BREAKERS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET =  84.0300
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET =  73.6900
BUBBLE PHASE I - (24-36mo) PRICE TARGET =  63.3500


VOLATILITY
On 7/28/2010, DJUBS GRAINS ETF closed   
below the upper band by 23.0%.
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.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


3rd PulseWave 
LONG ENTRY -  38.2400
       Profit Target  53.0100 
   Stop Loss/Stop & Reverse  37.0970


    RALLY ALERT - (Market Bottom) Possible Breakout is likely due to strong market pulse projections   WARNING - Possible Upper Volatiltiy Band BreakOut   Bullish Momentum Strengthening (Phase I).     


       LONG ENTRY-  38.0430
   Profit Target  41.0667
   Stop Loss  37.0970




SHORT Signals :  


           WARNING - Inside Day / Bullish Retracement pull back from previous high (Possible Breakdown below)   


        SHORT ENTRY-  37.0970
   Profit Target  35.0467
   Stop Loss  38.0430



Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. 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 on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72


Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
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BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!








7/29/2010 - MOO - THE VULCAN REPORT Review of AGRIBUS ETF (MOO) as of Wednesday, July 28, 2010

THE VULCAN REPORT
Review of AGRIBUS ETF (MOO)
as of Wednesday, July 28, 2010


Today's Price Action


Change    0.0400 (0.10%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:     42.20
Swing Vix:     42.43


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.   
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  4 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, AGRIBUS ETF's price has increased 0.10% , and has ranged from a high of 41.2500 to a low of 40.3100.


     MOMENTUM


     MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at-  40.5000.


        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.,


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  40.5000
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  39.5692 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. -  40.2338 




INTRADAY PRICE PROJECTIONS
RESISTANCE  40.7518
SUPPORT  40.4383


WEEKLY PRICE PROJECTIONS
RESISTANCE  41.2500
SUPPORT  38.8800


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET =  62.7000
Long term Trend Line resistance is currently at -  47.9000
Long term Trend Line support is currently at -  40.5000


BULL MARKET HYPER PARABOLIC CIRCUIT BREAKERS


BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 107.1000
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET =  92.3000
BUBBLE PHASE I - (24-36mo) PRICE TARGET =  77.5000


VOLATILITY
On 7/28/2010, AGRIBUS ETF closed   
below the upper band by 23.9%.
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.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


           WARNING - Inside Day / Bullish Retracement pull back from previous high (Possible Breakdown below)   


        SHORT ENTRY-  40.2815
   Profit Target  38.9200
   Stop Loss  40.9085



Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. 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 on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72


Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/


BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!






7/29/2010 - OIH - THE VULCAN REPORT Review of ETF - Light Sweet Crude Oil FUTURES (OIH) as of Wednesday, July 28, 2010

THE VULCAN REPORT
Review of ETF - Light Sweet Crude Oil  FUTURES (OIH)
as of Wednesday, July 28, 2010


Today's Price Action


Change   -0.9800 (-0.93%) prices closed lower than they opened. with weak Bids going into the close. 


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:     21.47
Swing Vix:     23.84


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-Sold Buy 43 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, ETF - Light Sweet Crude Oil  FUTURES's price has decreased 1.15%, and has ranged from a high of 108.8500 to a low of 103.4500.


     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 101.1500 is needed to re-establish the downward trend. However a close above 112.6450 will establish a new upward trend.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 111.3850
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 105.1875 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 104.3694 




INTRADAY PRICE PROJECTIONS
RESISTANCE 105.4405
SUPPORT 104.4395


WEEKLY PRICE PROJECTIONS
RESISTANCE 108.8500
SUPPORT 100.5500


VOLATILITY
On 7/28/2010, ETF - Light Sweet Crude Oil  FUTURES closed   
below the upper band by 32.7%.
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.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!

Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. 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 on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72


Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/


BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!





7/29/2010 - GDX -THE VULCAN REPORT Review of Gold Miners ETF (GDX) as of Wednesday, July 28, 2010

THE VULCAN REPORT
Review of Gold Miners ETF (GDX)
as of Wednesday, July 28, 2010


Today's Price Action


Change    0.3000 (0.64%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:    -18.65
Swing Vix:    -17.83


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 74 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, Gold Miners ETF's price has increased 0.64% , and has ranged from a high of 48.5400 to a low of 46.8000.


     MOMENTUM


     MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  44.7250
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. -  49.5519 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. -  48.5067 




INTRADAY PRICE PROJECTIONS
RESISTANCE  47.4123
SUPPORT  46.9777


WEEKLY PRICE PROJECTIONS
RESISTANCE  49.6400
SUPPORT  46.9900


VOLATILITY
On 7/28/2010, Gold Miners ETF closed   
above the lower band by 9.6%.
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 - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!

Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. 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 on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72


Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/


BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!








Wednesday, July 28, 2010

7/29/2010 - QQQQ - THE VULCAN REPORT Review of NASDAQ 100 ETF (QQQQ) as of Wednesday, July 28, 2010

THE VULCAN REPORT
Review of NASDAQ 100 ETF (QQQQ)
as of Wednesday, July 28, 2010


Today's Price Action


Change   -0.4200 (-0.90%) prices closed lower than they opened. with weak Bids going into the close. 


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:     42.59
Swing Vix:     41.57


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 above 39.  This is where it usually tops.  The Swing Vix usually forms tops and bottoms before the underlying security.  
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 15 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s).  This is bullish.The Swing Vix has set a new 14-period high while the security price 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, NASDAQ 100 ETF's price has decreased 0.13%, and has ranged from a high of 46.7200 to a low of 45.3800.


     MOMENTUM


     MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at-  43.0250.


        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.,


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  43.0250
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  45.6269 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. -  45.6528 




INTRADAY PRICE PROJECTIONS
RESISTANCE  46.4225
SUPPORT  46.0375


WEEKLY PRICE PROJECTIONS
RESISTANCE  46.7200
SUPPORT  43.8600


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET =  65.9000
Long term Trend Line resistance is currently at -  50.6500
Long term Trend Line support is currently at -  43.0250




BULL MARKET HYPER PARABOLIC CIRCUIT BREAKERS


BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 111.6500
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET =  96.4000
BUBBLE PHASE I - (24-36mo) PRICE TARGET =  81.1500


VOLATILITY
On 7/28/2010, NASDAQ 100 ETF closed   
below the upper band by 24.2%.




     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


         Positive Swing Vix with Bullish Momentum.      


       LONG ENTRY-  46.6150
   Profit Target  48.9533
   Stop Loss  45.8450




SHORT Signals :  


 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!




Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. 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.


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For Related videos on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72


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BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!






7/29/2010 - SPY - THE VULCAN REPORT Review of S&P 500 ETF (SPY) as of Wednesday, July 28, 2010

THE VULCAN REPORT
Review of S&P 500 ETF (SPY)
as of Wednesday, July 28, 2010


Today's Price Action


Change   -0.7200 (-0.65%) prices closed lower than they opened. with weak Bids going into the close. 


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:     41.76
Swing Vix:     40.22


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 above 39.  This is where it usually tops.  The Swing Vix usually forms tops and bottoms before the underlying security.  
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 15 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s).  This is bullish.The Swing Vix has set a new 14-period high while the security price 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, S&P 500 ETF's price has increased 0.38% , and has ranged from a high of 112.2900 to a low of 108.9300.


     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 109.7100 is needed to re-establish the downward trend. However a close above 113.2500 will establish a new upward trend.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 104.5600
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. - 109.8838 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 109.7014 




INTRADAY PRICE PROJECTIONS
RESISTANCE 111.3900
SUPPORT 110.7300


WEEKLY PRICE PROJECTIONS
RESISTANCE 110.0600
SUPPORT 105.8200


VOLATILITY
On 7/28/2010, S&P 500 ETF closed   
below the upper band by 22.1%.




     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. 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 on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72


Be Sure to register for faster updates and commentaries at -
BLOG 1: - http://pulsescan.blogspot.com/
BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/


BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!