Commodity Prices

Gold •611 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,141.70	+12.40	+0.58%
WTI Crude •2 hours	90.90	+9.89	+12.21%
Gasoline •2 hours	2.747	+0.076	+2.83%
Ethanol •611 days	2.161	+0.000	+0.00%
Silver •611 days	30.82	+1.16	+3.92%

Silver • 611 days	30.82	+1.16	+3.92%
Copper • 611 days	4.530	+0.111	+2.51%
Brent Crude • 55 mins	92.69	+7.28	+8.52%
Natural Gas • 2 hours	3.186	+0.183	+6.09%
Heating Oil • 2 hours	3.622	+0.008	+0.22%

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Mid-Week Update

By - Oct 25, 2012, 6:23 AM CDT

Bottom line: With the weak price action I suspect the bearish ideas are in control, although I am not showing the bullish ideas, it would need something impressive on the upside to suggest the bullish wave counts are in control, from what I have seen over the past 2 days the bears look like they have the edge.

If something very bullish on the upside was to happen then I will likely to what we see and bring back the bullish wave count the target areas for a potential reversal.

Mid-Week Update