THE VULCAN REPORT
Review of /DX US DOLLAR INDEX (DX)
as of Monday, January 25, 2016
Today's Price Action
Change prices closed lower than they opened. 0.0200 (0.02%) with strong Bids going into the close.
PulseScan Swing Vix
Swing Vix: 2.34
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 Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days
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 6 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, /DX US DOLLAR INDEX's price has increased 0.02% , and has ranged from a high of 99.9500 to a low of 98.4500.
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.,
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 90.2800
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 91.7874
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 96.9408
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 98.6506
INTRADAY PRICE PROJECTIONS
WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 100.7505
PulseWave BreakOut SUPPORT - 97.1240
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 121.8100
Long term Trend Line resistance is currently at - 100.7900
Long term Trend Line support is currently at - 90.2800
MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 184.8700
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 163.8500
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 142.8300
On 1/25/2016, /DX US DOLLAR INDEX closed
below the upper band by 21.9%.
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