Commodity Prices

Gold •742 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,678.60	+36.90	+2.25%
WTI Crude •11 mins	79.61	+0.01	+0.01%
Gasoline •12 mins	3.290	-0.011	-0.34%
Ethanol •742 days	2.161	+0.000	+0.00%
Silver •742 days	30.82	+1.16	+3.92%

Silver • 742 days	30.82	+1.16	+3.92%
Copper • 742 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	84.80	-0.15	-0.18%
Natural Gas • 12 mins	2.906	-0.018	-0.62%
Heating Oil • 23 mins	3.954	+0.006	+0.14%

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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.