Commodity Prices

Gold •423 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,370.50	+8.80	+0.65%
WTI Crude •1 day	64.01	-0.59	-0.91%
Gasoline •1 day	2.188	-0.012	-0.52%
Ethanol •423 days	2.161	+0.000	+0.00%
Silver •423 days	30.82	+1.16	+3.92%

Silver • 423 days	30.82	+1.16	+3.92%
Copper • 423 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	68.12	-0.50	-0.73%
Natural Gas • 1 day	2.997	+0.053	+1.80%
Heating Oil • 1 day	2.267	-0.043	-1.87%

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Robert McHugh

Robert McHugh Ph.D. is President and CEO of Main Line Investors, Inc., a registered investment advisor in the Commonwealth of Pennsylvania.

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Weekend Market Forecasting and Trading Report

By Robert McHugh - Jun 23, 2013, 7:13 PM CDT

We got a new stock market short-term buy signal in the VIX Friday June 21st, as it closed back inside its 2 standard deviation Bollinger Bands after closing Thursday June 20th above its upper boundary. Sometimes rallies begin around the Full Moon, which is this weekend, so that also fits with a bounce starting now. We had a phi mate turn date scheduled for June 13th, which looks as if it was the kickoff for wave c-down, which produced this week's decline.