Commodity Prices

Gold •619 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,042.10	-123.40	-5.70%
WTI Crude •1 day	98.71	+2.98	+3.11%
Gasoline •1 day	3.041	+0.077	+2.59%
Ethanol •619 days	2.161	+0.000	+0.00%
Silver •619 days	30.82	+1.16	+3.92%

Silver • 619 days	30.82	+1.16	+3.92%
Copper • 619 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	103.14	+2.68	+2.67%
Natural Gas • 1 day	3.131	-0.102	-3.15%
Heating Oil • 1 day	4.015	+0.116	+2.97%

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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.