Commodity Prices

Gold •250 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	960.80	-6.00	-0.62%
WTI Crude •10 mins	66.00	-0.03	-0.05%
Gasoline •20 mins	2.087	-0.006	-0.26%
Ethanol •250 days	2.161	+0.000	+0.00%
Silver •250 days	30.82	+1.16	+3.92%

Silver • 250 days	30.82	+1.16	+3.92%
Copper • 250 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.33	+0.05	+0.07%
Natural Gas • 10 mins	4.463	-0.028	-0.62%
Heating Oil • 10 mins	2.178	-0.002	-0.10%

Headlines

635 days Will The ECB Continue To Hike Rates?
635 days Forbes: Aramco Remains Largest Company In The Middle East
637 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,037 days Could Crypto Overtake Traditional Investment?
1,041 days Americans Still Quitting Jobs At Record Pace
1,043 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,046 days Is The Dollar Too Strong?
1,047 days Big Tech Disappoints Investors on Earnings Calls
1,048 days Fear And Celebration On Twitter as Musk Takes The Reins
1,049 days China Is Quietly Trying To Distance Itself From Russia
1,050 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,054 days Crypto Investors Won Big In 2021
1,054 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,055 days Food Prices Are Skyrocketing As Putin’s War Persists
1,057 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,057 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,061 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,061 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,061 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,064 days Are NFTs About To Take Over Gaming?

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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.