Commodity Prices

Gold •772 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,756.90	+24.70	+1.43%
WTI Crude •20 hours	82.40	+1.15	+1.42%
Gasoline •20 hours	3.184	+0.056	+1.79%
Ethanol •773 days	2.161	+0.000	+0.00%
Silver •772 days	30.82	+1.16	+3.92%

Silver • 772 days	30.82	+1.16	+3.92%
Copper • 772 days	4.530	+0.111	+2.51%
Brent Crude • 19 hours	88.52	+1.45	+1.67%
Natural Gas • 20 hours	2.733	+0.006	+0.22%
Heating Oil • 20 hours	4.283	+0.032	+0.76%

Headlines

1,157 days Will The ECB Continue To Hike Rates?
1,157 days Forbes: Aramco Remains Largest Company In The Middle East
1,159 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,559 days Could Crypto Overtake Traditional Investment?
1,564 days Americans Still Quitting Jobs At Record Pace
1,566 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,569 days Is The Dollar Too Strong?
1,569 days Big Tech Disappoints Investors on Earnings Calls
1,570 days Fear And Celebration On Twitter as Musk Takes The Reins
1,572 days China Is Quietly Trying To Distance Itself From Russia
1,572 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,576 days Crypto Investors Won Big In 2021
1,576 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,577 days Food Prices Are Skyrocketing As Putin’s War Persists
1,579 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,580 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,583 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,584 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,584 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,586 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Is The Bull Market On Its Last Legs?

This aging bull market may…

Erik Swarts

Erik is an active trader, who has always taken a broad perspective when approaching the markets.

More Info

Contact Author

Meridian Market Theory

By Erik Swarts - Nov 27, 2011, 7:51 PM CST

Here is a short video update of my Meridian Market Theory.

In the previous note that addressed the technical developments and comparisons within the theory, I said:

"Near term, in either case - bull or bear, I find the market precariously placed at the top of the range and likely to fall back swiftly over the balance of the month." Brace Yourselves

100 SPX points lower (tongue firmly in cheek), and in light of the developments out of Europe this evening - here's an update.