Commodity Prices

Gold •421 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,350.60	-11.10	-0.82%
WTI Crude •10 mins	64.40	-0.20	-0.31%
Gasoline •12 hours	2.199	+0.050	+2.34%
Ethanol •421 days	2.161	+0.000	+0.00%
Silver •421 days	30.82	+1.16	+3.92%

Silver • 421 days	30.82	+1.16	+3.92%
Copper • 421 days	4.530	+0.111	+2.51%
Brent Crude • 12 mins	68.21	-0.41	-0.60%
Natural Gas • 11 mins	2.978	+0.034	+1.15%
Heating Oil • 2 hours	2.281	-0.029	-1.24%

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Erik Swarts

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

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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.