Commodity Prices

Gold •405 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,349.20	-4.50	-0.33%
WTI Crude •10 mins	63.20	+0.03	+0.05%
Gasoline •41 mins	2.072	-0.002	-0.10%
Ethanol •405 days	2.161	+0.000	+0.00%
Silver •405 days	30.82	+1.16	+3.92%

Silver • 405 days	30.82	+1.16	+3.92%
Copper • 405 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.20	+0.08	+0.12%
Natural Gas • 10 mins	2.795	-0.013	-0.46%
Heating Oil • 13 mins	2.242	-0.002	-0.10%

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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