Commodity Prices

Gold •527 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,762.50	+49.30	+2.88%
WTI Crude •11 hours	57.44	-0.16	-0.28%
Gasoline •11 hours	1.752	-0.008	-0.44%
Ethanol •527 days	2.161	+0.000	+0.00%
Silver •527 days	30.82	+1.16	+3.92%

Silver • 527 days	30.82	+1.16	+3.92%
Copper • 527 days	4.530	+0.111	+2.51%
Brent Crude • 10 hours	61.12	-0.16	-0.26%
Natural Gas • 11 hours	4.113	-0.118	-2.79%
Heating Oil • 11 hours	2.198	-0.031	-1.39%

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Ed Carlson

Ed Carlson, author of George Lindsay and the Art of Technical Analysis, and his new book, George Lindsay's An Aid to Timing is an independent…

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August Heat

By Ed Carlson - Aug 02, 2016, 3:42 PM CDT

August is known for its heat and, for market participants, this August is expected to be extra-hot. Last Thursday marked the 11th straight day that SPX closed inside a 1% trading range, the first time this has ever happened. Regression to the mean tells us that a big surge in volatility is coming. Seasonality tells us that the month should end higher than it begins (which matches our Lindsay view of a Three Peaks and Domed House pattern).

Dow Industrials Charts
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