Commodity Prices

Gold •717 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,668.20	-39.10	-2.29%
WTI Crude •1 day	76.54	+0.69	+0.91%
Gasoline •1 day	3.004	+0.009	+0.31%
Ethanol •717 days	2.161	+0.000	+0.00%
Silver •717 days	30.82	+1.16	+3.92%

Silver • 717 days	30.82	+1.16	+3.92%
Copper • 717 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	80.57	+0.72	+0.90%
Natural Gas • 1 day	3.198	-0.035	-1.08%
Heating Oil • 1 day	3.195	+0.067	+2.15%

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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