Commodity Prices

Gold •624 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,009.70	+66.00	+3.40%
WTI Crude •11 mins	93.72	-1.83	-1.92%
Gasoline •25 mins	3.115	-0.012	-0.40%
Ethanol •624 days	2.161	+0.000	+0.00%
Silver •624 days	30.82	+1.16	+3.92%

Silver • 624 days	30.82	+1.16	+3.92%
Copper • 624 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.01	-1.64	-1.51%
Natural Gas • 12 mins	3.131	-0.035	-1.11%
Heating Oil • 20 mins	4.270	-0.072	-1.65%

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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.