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Tuesday, August 9, 2011

8/9/2011 - TYO - SHORT 10YR NOTE


THE VULCAN REPORT
Review of TYO - SHORT 10YR NOTE (TYO)
as of Monday, August 08, 2011


Today's Price Action


Change   -1.5700 (-4.54%) 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:    -43.13
Swing Vix:    -42.38


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    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 below -39.  This is where it usually bottoms.  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 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, TYO - SHORT 10YR NOTE's price has been unchanged, and has ranged from a high of  33.97 to a low of  32.90.


     MOMENTUM


     MARKET TREND - Currently the TREND is VERY-BEARISH - Heavy Distribution.


        TREND STRENGTH - STRONG -  Bearish Trend,,,BEARISH MOMENTUM


TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. -    41.17
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. -    44.26


INTRADAY PRICE PROJECTIONS
RESISTANCE    34.02 place stoploss here 
SUPPORT    32.85 GO SHORT here 


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE -    38.84  
PulseWave BreakOut SUPPORT -    36.79  


Long term Trend Line resistance is currently at -    41.17
Long term Trend Line support is currently at -    32.90
BEAR MARKET DOWNTREND - (12-18mo)  PRICE TARGET =    16.36


DEFLATED BUBBLE PHASE I  - (24-36mo) PRICE DESTRUCTION TARGET =    -0.18
DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET =   -16.72
DEFLATED BUBBLE PHASE 3  - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET =   -33.26


VOLATILITY
On 8/8/2011, TYO - SHORT 10YR NOTE closed below the lower band by 7.6%.  

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