Commodity Prices

Gold •10 mins	2,089.70	+32.50	+1.58%
Platinum •10 mins	936.10	+0.20	+0.02%
WTI Crude •1 day	74.07	-1.89	-2.49%
Gasoline •1 day	2.121	-0.055	-2.51%
Ethanol •1 day	2.161	+0.000	+0.00%
Silver •10 mins	25.86	+0.20	+0.77%

Silver • 10 mins	25.86	+0.20	+0.77%
Copper • 10 mins	3.932	+0.081	+2.10%
Brent Crude • 1 day	78.88	-1.98	-2.45%
Natural Gas • 1 day	2.814	+0.012	+0.43%
Heating Oil • 1 day	2.662	-0.093	-3.37%

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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.