Commodity Prices

Gold •809 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,800.50	-5.90	-0.33%
WTI Crude •13 mins	98.40	-1.90	-1.89%
Gasoline •20 mins	3.479	-0.049	-1.38%
Ethanol •809 days	2.161	+0.000	+0.00%
Silver •809 days	30.82	+1.16	+3.92%

Silver • 809 days	30.82	+1.16	+3.92%
Copper • 809 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	102.05	-1.82	-1.75%
Natural Gas • 11 mins	2.886	-0.026	-0.89%
Heating Oil • 27 mins	5.041	-0.017	-0.33%

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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