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8/9/2010 - THE VULCAN REPORT Review of TLT - US Bonds 20yr+ ETF (TLT) as of Friday, August 06, 2010

|Includes: iShares 20+ Year Treasury Bond ETF (TLT)

 8/9/2010 - TLT - THE VULCAN REPORT Review of TLT - US Bonds 20yr+ ETF (NYSEARCA:TLT) as of Friday, August 06, 2010

 
THE VULCAN REPORT
Review of TLT - US Bonds 20yr+ ETF (TLT)
as of Friday, August 06, 2010


Today's Price Action


Change    1.0800 (1.09%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:    -21.79
Swing Vix:    -21.25


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    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-Bought Sell 23 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, TLT - US Bonds 20yr+ ETF's price has been unchanged, and has ranged from a high of 100.2100 to a low of 99.4900.


     MOMENTUM


     MARKET TREND - Currently the TREND is Slightly Bullish - - The UpTrend is still entact with prices holding above trendline support at-  94.9800.


        TREND STRENGTH - WEAK - RANGE BOUND (Prices have ceased trending and have become consolidated at this time) The market has put in a short term top. This means that the bulls are liquidating long positions thus taking some profit off the table.,


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -  94.9800
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. -  98.0811 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. -  99.4409 
Today's Rally pushed prices on the close above the short term trendline support


INTRADAY PRICE PROJECTIONS
RESISTANCE 100.0480
SUPPORT  99.6520


WEEKLY PRICE PROJECTIONS
RESISTANCE 100.6100
SUPPORT  98.5600


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 118.0200
Long term Trend Line resistance is currently at - 102.6600
Long term Trend Line support is currently at -  94.9800


BULL MARKET HYPER PARABOLIC CIRCUIT BREAKERS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 164.1000
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 148.7400
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 133.3800


VOLATILITY
On 8/6/2010, TLT - US Bonds 20yr+ ETF closed   
below the upper band by 38.5%.
This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


3rd PulseWave 
LONG ENTRY - 102.6600
       Profit Target 118.0200 
   Stop Loss/Stop & Reverse  99.4540


         Bullish Momentum Strengthening (Phase I).     
       LONG ENTRY- 100.2460
   Profit Target 102.8133
   Stop Loss  99.4540




SHORT Signals :  


 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!
 
Risk Disclosure


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.


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Posted by The Vulcan at 8:13 AM