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I worked on Wall Street as a Systems developer and Money Manager. I run a private equity fund as a hired gun. I currently work with a broad base of private funds. I am very selective in whom I except as a client. My services are normally not open to the general public due to the secure nature of... More
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THE VULCAN REPORT
  • THE VULCAN REPORT - 6/30/2010 - Stocks 0 comments
    Jun 30, 2010 3:04 PM | about stocks: DIA, ES-OLD, SPY, QQQ
    Wednesday, June 30, 2010 6/30/2010 - Stocks - THE VULCAN REPORT
     
    THE VULCAN REPORT
    Review of Mini Dow Jones FUTURES (YM)
    as of Tuesday, June 29, 2010



        CHART PATTERNS

    A big black candle occurred.  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 (e.g., a moving average, trendline, or price resistance level), 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.

    During the past 10 bars, there have been 4 white "UP" candles and 6 black "DOWN" candles for a net of 2 black (DOWN) candles.

    During the past 50 bars, there have been 22 white "UP"  candles and 28 black "DOWN" candles for a net of 6 black (DOWN) candles.

    Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

    PulseScan Swing Vix              Swing Index

    PulseScan:     -8.90
    Swing Vix:     -3.73

    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    5 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  5 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 last Swing Vix signal, Mini Dow Jones FUTURES's price has decreased 4.11%, and has ranged from a high of 10,493.5703 to a low of 9,811.9199.

         MARKET TREND

    Currently the TREND is Slightly Bearish - (The TenkanSen has crossed above the KijunSen")- Down.
    The close is currently Below it's Long Term period moving average.10,187.2549

    Today's Sell off pushed prices on the close below the long term trendline resistance
    The close is currently Below  it's Intermediate Term period moving average.10,402.8994
    The close is currently Below  it's Short Term period moving average.10,168.0127



         TREND STRENGTH
        Bearish Consolidation - Long term Trend Line support is currently at 9,116.5000

        VOLATILITY

    On 6/29/2010, Mini Dow Jones FUTURES closed  
    above the lower band by 10.0%.



    PANDORA'S LITTLE BLACK BOX

    PulseScan LONG ENTRY : 
     

         
    Swing Vix SHORT ENTRY : 

    Possible IntraDay BreakDown SHORT - 9,795.7256
        Profit Target 8,967.7002
       Stop Loss/Stop & Reverse 10,003.5488
       
    INTRADAY PRICE PROJECTIONS
            RESISTANCE 10,062.9268
            SUPPORT 9,884.7920


    WEEKLY PRICE PROJECTIONS
       RESISTANCE 10,594.1602
       SUPPORT 9,757.5498





    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.




    ========================================================================

     THE VULCAN REPORT
    Review of DOW JONES ETF (NYSEARCA:DIA)
    as of Tuesday, June 29, 2010



        CHART PATTERNS

    A big black candle occurred.  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 (e.g., a moving average, trendline, or price resistance level), 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.

    During the past 10 bars, there have been 2 white "UP" candles and 8 black "DOWN" candles for a net of 6 black (DOWN) candles.

    During the past 50 bars, there have been 20 white "UP"  candles and 30 black "DOWN" candles for a net of 10 black (DOWN) candles.

    A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.  There have been 5 falling windows in the last 50 candles--this makes the current falling window even more bearish.  The two candles preceding the falling window were black, which makes this pattern even more bearish.
    Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

    PulseScan Swing Vix              Swing Index

    PulseScan:     -8.76
    Swing Vix:     -3.64

    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    5 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  5 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 last Swing Vix signal, DOW JONES ETF's price has decreased 4.08%, and has ranged from a high of 104.9400 to a low of 98.1300.

         MARKET TREND

    Currently the TREND is Slightly Bearish - (The TenkanSen has crossed above the KijunSen")- Down.
    The close is currently Below it's Long Term period moving average. 96.7650

    Today's Sell off pushed prices on the close below the long term trendline resistance
    The close is currently Below  it's Intermediate Term period moving average.104.1290
    The close is currently Below  it's Short Term period moving average.101.7639


         TREND STRENGTH
        Bearish Consolidation - Long term Trend Line support is currently at 80.9600

        VOLATILITY

    On 6/29/2010, DOW JONES ETF closed 
    above the lower band by 9.1%.


    PANDORA'S LITTLE BLACK BOX

    PulseScan LONG ENTRY : 


           

    Swing Vix SHORT ENTRY :


    WARNING  - Possible Inside Day/Bearish Retracement rally off previous low
      
    INTRADAY PRICE PROJECTIONS
            RESISTANCE  99.7575
            SUPPORT  98.6025


    WEEKLY PRICE PROJECTIONS
       RESISTANCE 105.9600
       SUPPORT  97.7000

    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.




    ======================================================================

    THE VULCAN REPORTReview of E-mini S&P 500 FUTURES (NYSE:ES)
    as of Tuesday, June 29, 2010



        CHART PATTERNS

    A big black candle occurred.  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 (e.g., a moving average, trendline, or price resistance level), 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.

    During the past 10 bars, there have been 4 white "UP" candles and 5 black "DOWN" candles for a net of 1 black (DOWN) candles.

    During the past 50 bars, there have been 22 white "UP"  candles and 27 black "DOWN" candles for a net of 5 black (DOWN) candles.

    A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.

    PulseScan Swing Vix              Swing Index

    PulseScan:    -17.35
    Swing Vix:    -10.47

    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    5 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  5 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 last Swing Vix signal, E-mini S&P 500 FUTURES's price has decreased 6.52%, and has ranged from a high of 1,118.5000 to a low of 1,035.1801.

         MARKET TREND

    Currently the TREND is - neutral


    PANDORA'S LITTLE BLACK BOX

    PulseScan LONG ENTRY : 
     

    Swing Vix SHORT ENTRY : 

    Possible IntraDay 2nd PulseWave Break-Down Continuation SHORT - 1,033.3840
        Profit Target 905.4937
       Stop Loss/Stop & Reverse 1,056.4326

    Possible IntraDay BreakDown SHORT - 1,033.3840
        Profit Target 941.4136
       Stop Loss/Stop & Reverse 1,056.4326
       
    INTRADAY PRICE PROJECTIONS
            RESISTANCE 1,063.0179
            SUPPORT 1,043.2621




    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.







    ========================================================================



    THE VULCAN REPORT
    Review of S&P 500 ETF (NYSEARCA:SPY)
    as of Tuesday, June 29, 2010



        CHART PATTERNS

    A big black candle occurred.  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 (e.g., a moving average, trendline, or price resistance level), 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.

    During the past 10 bars, there have been 2 white "UP" candles and 8 black "DOWN" candles for a net of 6 black (DOWN) candles.

    During the past 50 bars, there have been 22 white "UP"  candles and 28 black "DOWN" candles for a net of 6 black (DOWN) candles.

    A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.  There have been 5 falling windows in the last 50 candles--this makes the current falling window even more bearish.

    PulseScan Swing Vix              Swing Index

    PulseScan:    -19.35
    Swing Vix:    -13.95

    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    5 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  5 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 last Swing Vix signal, S&P 500 ETF's price has decreased 4.89%, and has ranged from a high of 111.9000 to a low of 103.5500.

         MARKET TREND

    Currently the TREND is - nuetral



    PANDORA'S LITTLE BLACK BOX

    PulseScan LONG ENTRY : 


          
    Swing Vix SHORT ENTRY :  

    Possible IntraDay 2nd PulseWave Break-Down Continuation SHORT - 103.4240
        Profit Target  94.5300
       Stop Loss/Stop & Reverse 105.0410

    WARNING  - Possible Inside Day/Bearish Retracement rally off previous low
      
    INTRADAY PRICE PROJECTIONS
            RESISTANCE 105.5030
            SUPPORT 104.1170





    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.




    ===========================================================

    THE VULCAN REPORT
    Review of E-mini NASDAQ 100 FUTURES (NYSE:NQ)
    as of Tuesday, June 29, 2010



        CHART PATTERNS

    During the past 10 bars, there have been 2 white "UP" candles and 7 black "DOWN" candles for a net of 5 black (DOWN) candles.

    During the past 50 bars, there have been 20 white "UP"  candles and 29 black "DOWN" candles for a net of 9 black (DOWN) candles.

    A doji star occurred (where a doji gaps above or below the previous candle).  This often signals a reversal with confirmation occurring on the next bar.
    A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.  The two candles preceding the falling window were black, which makes this pattern even more bearish.
    A long upper shadow occurred.  This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).

    PulseScan Swing Vix              Swing Index

    PulseScan:    -12.89
    Swing Vix:     -7.39

    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    5 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  5 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 last Swing Vix signal, E-mini NASDAQ 100 FUTURES's price has decreased 6.19%, and has ranged from a high of 1,917.2600 to a low of 1,752.5601.

         MARKET TREND

    Currently the TREND is


    PANDORA'S LITTLE BLACK BOX

    PulseScan LONG ENTRY :
      

    Swing Vix SHORT ENTRY : 

    Possible IntraDay 2nd PulseWave Break-Down Continuation SHORT - 1,749.8335
        Profit Target 1,556.4503
       Stop Loss/Stop & Reverse 1,784.8235

    Possible IntraDay BreakDown SHORT - 1,749.8335
        Profit Target 1,610.9802
       Stop Loss/Stop & Reverse 1,784.8235
       
    INTRADAY PRICE PROJECTIONS
            RESISTANCE 1,794.8207
            SUPPORT 1,764.8292



    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.







    =========================================================




    THE VULCAN REPORT
    Review of NASDAQ 100 ETF (QQQQ)
    as of Tuesday, June 29, 2010



        CHART PATTERNS

    A big black candle occurred.  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 (e.g., a moving average, trendline, or price resistance level), 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.

    During the past 10 bars, there have been 1 white "UP" candles and 9 black "DOWN" candles for a net of 8 black (DOWN) candles.

    During the past 50 bars, there have been 18 white "UP"  candles and 31 black "DOWN" candles for a net of 13 black (DOWN) candles.

    A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.  There have been 4 falling windows in the last 50 candles--this makes the current falling window even more bearish.  The two candles preceding the falling window were black, which makes this pattern even more bearish.
    Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

    PulseScan Swing Vix              Swing Index

    PulseScan:    -13.49
    Swing Vix:     -7.98

    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    5 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  5 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 last Swing Vix signal, NASDAQ 100 ETF's price has decreased 6.21%, and has ranged from a high of 47.1400 to a low of 43.0700.

         MARKET TREND

    Currently the TREND is - neutral


    PANDORA'S LITTLE BLACK BOX

    PulseScan LONG ENTRY : 
     

    Swing Vix SHORT ENTRY : 

    Possible IntraDay 2nd PulseWave Break-Down Continuation SHORT -  43.0005
        Profit Target  38.0733
       Stop Loss/Stop & Reverse  43.8924

    Possible IntraDay BreakDown SHORT -  43.0005
        Profit Target  39.4633
       Stop Loss/Stop & Reverse  43.8924
       
    INTRADAY PRICE PROJECTIONS
            RESISTANCE  44.1472
            SUPPORT  43.3828




    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.





    ==========================================================




    Disclosure: none
    Stocks: DIA, ES-OLD, SPY, QQQ
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