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Wednesday, August 17, 2016

Review of (AAPL) Apple Inc (AAPL) as of Monday, August 15, 2016

THE VULCAN REPORT
Review of (AAPL) Apple Inc (AAPL)
as of Monday, August 15, 2016

Today's Price Action
Change   prices closed lower than they opened.  2.0600 (1.95%)  with strong Bids going into the close.

    CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 5 white "UP" candles and 5 black "DOWN" candles .
During the past 50 bars, there have been 24 white "UP"  candles and 26 black "DOWN" candles  for a net of 2 black (DOWN) candles.


A rising window occurred  (where the top of the previous shadow is below the bottom of the current shadow).  This usually implies a continuation of a bullish trend.  There have been 3 rising windows in the last 50 candles--this makes the current rising window even more bullish.

MARKET SENTIMENT
 
PulseScan Swing Vix

PulseScan:     30.40
Swing Vix:     24.73

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 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 above 29This is where it usually forms ResistanceThe Swing Vix usually forms Resistance 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 11 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s).  This is bullish.
*Since the last Swing Vix signal, (AAPL) Apple Inc's price has increased 9.40% , and has ranged from a high of 108.9400 to a low of 96.4200.

 MARKET TREND - Currently the TREND is - Neutral within the Bearish KUMO Consolidation cloud(Possible Trend Reversal) with Upside Bullish Breakout risk. A close below 104.4100 is needed to re-establish the downward trend. However a close above 113.2700 will establish a new upward trend.

INTRADAY PRICE PROJECTIONS
RESISTANCE 108.9400 
SUPPORT 102.1070    

WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 108.9400 
PulseWave BreakOut SUPPORT - 102.1070 

VOLATILITY
On 8/8/2016, (AAPL) Apple Inc closed  
below the upper band by 17.1%.

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.HIGH VOLATILITY ALERT - A Breakout of Upper Volatility Band occured


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"!!

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