Commodity Prices

Gold •518 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,683.50	+33.30	+2.02%
WTI Crude •11 mins	59.09	+0.45	+0.77%
Gasoline •11 mins	1.828	-0.003	-0.15%
Ethanol •518 days	2.161	+0.000	+0.00%
Silver •518 days	30.82	+1.16	+3.92%

Silver • 518 days	30.82	+1.16	+3.92%
Copper • 518 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.78	+0.33	+0.53%
Natural Gas • 11 mins	5.008	+0.168	+3.47%
Heating Oil • 11 mins	2.299	-0.014	-0.59%

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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.