Commodity Prices

Gold •309 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	986.00	+6.50	+0.66%
WTI Crude •10 mins	60.34	+0.43	+0.72%
Gasoline •10 mins	2.092	+0.007	+0.34%
Ethanol •309 days	2.161	+0.000	+0.00%
Silver •309 days	30.82	+1.16	+3.92%

Silver • 309 days	30.82	+1.16	+3.92%
Copper • 309 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	63.28	+0.44	+0.70%
Natural Gas • 11 mins	3.632	+0.040	+1.11%
Heating Oil • 11 mins	2.054	+0.014	+0.68%

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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