Commodity Prices

Gold •644 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,068.60	+1.10	+0.05%
WTI Crude •11 mins	102.33	+7.92	+8.39%
Gasoline •11 mins	3.112	+0.107	+3.54%
Ethanol •644 days	2.161	+0.000	+0.00%
Silver •644 days	30.82	+1.16	+3.92%

Silver • 644 days	30.82	+1.16	+3.92%
Copper • 644 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	99.40	+4.65	+4.91%
Natural Gas • 11 mins	2.708	-0.016	-0.59%
Heating Oil • 11 mins	4.090	+0.282	+7.39%

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Daily Technical Report

By - May 18, 2011, 5:59 AM CDT

Silver appears to have entered a consolidation phase after finding support at 32.3125 last week. Given the structure of the fall from 49.790 we anticipate further deterioration of the parabolic upside move which gained 90% this year.