Jul. 17, 2011 4:20 PM ET
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Sunday, July 17, 2011
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. 

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.


     MARKET TREND - Currently the TREND is -The DownTrend is still entact with prices holding below trendline resistance at-    78.79.

        TREND STRENGTH - ,

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 

SUPPORT    75.27

PulseWave BreakOut RESISTANCE -    77.17
PulseWave BreakOut SUPPORT -    74.50

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     

Risk Disclosure
General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education onlyThe 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.

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