Commodity Prices

Gold •315 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	981.20	-11.00	-1.11%
WTI Crude •40 mins	63.15	-0.52	-0.82%
Gasoline •40 mins	2.170	+0.004	+0.18%
Ethanol •315 days	2.161	+0.000	+0.00%
Silver •315 days	30.82	+1.16	+3.92%

Silver • 315 days	30.82	+1.16	+3.92%
Copper • 315 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.83	-0.80	-1.20%
Natural Gas • 40 mins	3.492	-0.155	-4.25%
Heating Oil • 40 mins	2.206	+0.035	+1.60%

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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.