Commodity Prices

Gold •382 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,464.00	+7.40	+0.51%
WTI Crude •11 mins	67.21	-0.13	-0.19%
Gasoline •10 mins	2.138	-0.016	-0.72%
Ethanol •382 days	2.161	+0.000	+0.00%
Silver •382 days	30.82	+1.16	+3.92%

Silver • 382 days	30.82	+1.16	+3.92%
Copper • 382 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.95	-0.33	-0.48%
Natural Gas • 10 mins	3.367	-0.198	-5.55%
Heating Oil • 15 mins	2.435	-0.018	-0.73%

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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