Commodity Prices

Gold •627 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,784.70	-185.80	-9.43%
WTI Crude •11 mins	100.93	+2.70	+2.75%
Gasoline •12 mins	3.334	+0.048	+1.45%
Ethanol •627 days	2.161	+0.000	+0.00%
Silver •627 days	30.82	+1.16	+3.92%

Silver • 627 days	30.82	+1.16	+3.92%
Copper • 627 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	113.36	+1.17	+1.04%
Natural Gas • 11 mins	3.142	+0.047	+1.52%
Heating Oil • 19 mins	4.724	+0.116	+2.51%

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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