Commodity Prices

Gold •15 mins	2,351.30	+8.80	+0.38%
Platinum •15 mins	922.60	+2.10	+0.23%
WTI Crude •10 mins	83.67	+0.10	+0.12%
Gasoline •12 mins	2.760	+0.002	+0.07%
Ethanol •2 hours	2.161	+0.000	+0.00%
Silver •15 mins	27.53	-0.11	-0.39%

Silver • 15 mins	27.53	-0.11	-0.39%
Copper • 15 mins	4.578	+0.039	+0.86%
Brent Crude • 10 mins	89.32	+0.31	+0.35%
Natural Gas • 2 hours	1.619	-0.019	-1.16%
Heating Oil • 10 mins	2.547	-0.004	-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.