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7/27/2011 - US DOLLAR INDEX FUTURES

|Includes: PowerShares DB USD Bull ETF (UUP)
Wednesday, July 27, 2011
7/27/2011 - US DOLLAR INDEX FUTURES
 
THE VULCAN REPORT
Review of US DOLLAR INDEX (US@DX.1)
as of Wednesday, July 27, 2011


Today's Price Action


Change    0.3950 (0.54%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:    -42.13
Swing Vix:    -40.61


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    8 period(s) ago. The Swing Vix is below -39.  This is where it usually bottoms.  The Swing Vix usually forms tops and bottoms 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 33 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s).  This is bearish.The Swing Vix has set a new 14-period low while the security price has not.  This is a bearish divergence. Since the PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops.
      
  *Since the last Swing Vix signal, US DOLLAR INDEX's price has decreased 1.73%, and has ranged from a high of  76.11 to a low of  73.58.


     MOMENTUM


     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 bottom. This means that the bears are liquidating short positions thus taking some profit off the table.,


TRENDLINE RETRACEMENT
The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. -    78.25
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. -    77.38
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. -    75.24 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. -    74.70 


INTRADAY PRICE PROJECTIONS
RESISTANCE    74.34
SUPPORT    73.55


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE -    76.46
PulseWave BreakOut SUPPORT -    73.58


Long term Trend Line resistance is currently at -    78.25
Long term Trend Line support is currently at -    72.86
BEAR MARKET DOWNTREND - (12-18mo)  PRICE TARGET =    62.08


DEFLATED BUBBLE PHASE I  - (24-36mo) PRICE DESTRUCTION TARGET =    51.30
DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET =    40.52
DEFLATED BUBBLE PHASE 3  - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET =    29.74


VOLATILITY
On 7/27/2011, US DOLLAR INDEX closed   
above the lower band by 18.6%.