The September 11 break was support for the rally but has now become resistance. R.N. Elliott could count this chart a few different ways, but all counts point to lower prices.

Chart Courtesy of StockCharts
Gold •15 mins | 1,995.90 | +0.40 | +0.02% | |
Platinum •15 mins | 1,008.20 | -1.90 | -0.19% | |
WTI Crude •10 mins | 70.25 | +0.15 | +0.21% | |
Gasoline •13 mins | 2.437 | +0.001 | +0.05% | |
Ethanol •5 hours | 2.161 | +0.000 | +0.00% | |
Silver •15 mins | 24.00 | +0.01 | +0.03% |
Silver • 15 mins | 24.00 | +0.01 | +0.03% | ||
Copper • 15 mins | 3.710 | -0.002 | -0.04% | ||
Brent Crude • 10 mins | 74.49 | +0.21 | +0.28% | ||
Natural Gas • 11 mins | 2.167 | +0.009 | +0.42% | ||
Heating Oil • 11 mins | 2.317 | +0.002 | +0.10% |
During the quarter there were…
An economic slowdown in many…
This aging bull market may…
The September 11 break was support for the rally but has now become resistance. R.N. Elliott could count this chart a few different ways, but all counts point to lower prices.