Commodity Prices

Gold •334 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,057.10	-6.10	-0.57%
WTI Crude •3 hours	62.91	+0.39	+0.62%
Gasoline •3 hours	2.062	+0.010	+0.47%
Ethanol •334 days	2.161	+0.000	+0.00%
Silver •334 days	30.82	+1.16	+3.92%

Silver • 334 days	30.82	+1.16	+3.92%
Copper • 334 days	4.530	+0.111	+2.51%
Brent Crude • 3 hours	64.96	+0.33	+0.51%
Natural Gas • 3 hours	3.698	+0.004	+0.11%
Heating Oil • 3 hours	2.060	+0.015	+0.75%

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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