Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
Contributor Since 2009
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 what I do. I extract large sums of money out of the capital markets on a daily basis. If your interested you can send me a private message and we can discuss the arrangements. I generally don't discriminate based on account size. However this is not for everyone. SERIOUS INQUIRES ONLY!!!
Sunday, July 17, 2011
7/17/2011 - US DOLLAR INDEX FUTURES
THE VULCAN REPORT Review of $13DX - US DOLLAR INDEX ICE Continuous (@:DXC1#I) as of Friday, July 15, 2011
Today's Price Action
Change -0.1100 (-0.15%) with weak Bids going into the close.
MARKET SENTIMENT PulseScan Swing Vix
PulseScan: 3.09 Swing Vix: 3.74
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 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 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 50 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, $13DX - US DOLLAR INDEX ICE Continuous's price has been unchanged, and has ranged from a high of 75.74 to a low of 75.29.
MOMENTUM
MARKET TREND - Currently the TREND is -The DownTrend is still entact with prices holding below trendline resistance at- 78.79.
TREND STRENGTH - ,
TRENDLINE RETRACEMENT The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 78.79 The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 77.64 The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 75.45 The close is currently Below it's Short Term TRENDLINE RETRACEMENT. - 75.59
INTRADAY PRICE PROJECTIONS RESISTANCE 75.76 SUPPORT 75.27
VOLATILITY On 7/15/2011, $13DX - US DOLLAR INDEX ICE Continuous closed below the upper band by 49.5%. 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 occurred
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.