Commodity Prices

Gold •467 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,711.70	+19.90	+1.18%
WTI Crude •11 mins	59.69	+0.20	+0.34%
Gasoline •11 mins	1.854	+0.010	+0.53%
Ethanol •467 days	2.161	+0.000	+0.00%
Silver •467 days	30.82	+1.16	+3.92%

Silver • 467 days	30.82	+1.16	+3.92%
Copper • 467 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	63.54	+0.22	+0.35%
Natural Gas • 11 mins	3.086	-0.032	-1.03%
Heating Oil • 11 mins	2.259	+0.009	+0.42%

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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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