Commodity Prices

Gold •10 mins	1,978.60	-3.50	-0.18%
Platinum •10 mins	1,000.90	+1.90	+0.19%
WTI Crude •10 mins	68.63	+0.54	+0.79%
Gasoline •12 mins	2.445	+0.001	+0.03%
Ethanol •9 hours	2.161	+0.000	+0.00%
Silver •10 mins	23.62	+0.03	+0.14%

Silver • 10 mins	23.62	+0.03	+0.14%
Copper • 10 mins	3.688	+0.051	+1.39%
Brent Crude • 10 mins	73.22	+0.62	+0.85%
Natural Gas • 10 mins	2.274	+0.008	+0.35%
Heating Oil • 11 mins	2.264	+0.013	+0.56%

Headlines

388 days Could Crypto Overtake Traditional Investment?
392 days Americans Still Quitting Jobs At Record Pace
394 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
397 days Is The Dollar Too Strong?
398 days Big Tech Disappoints Investors on Earnings Calls
399 days Fear And Celebration On Twitter as Musk Takes The Reins
400 days China Is Quietly Trying To Distance Itself From Russia
401 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
405 days Crypto Investors Won Big In 2021
405 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
406 days Food Prices Are Skyrocketing As Putin’s War Persists
408 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
408 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
412 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
412 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
412 days Two ETFs That Could Hedge Against Extreme Market Volatility
415 days Are NFTs About To Take Over Gaming?
415 days Europe’s Economy Is On The Brink As Putin’s War Escalates
418 days What’s Causing Inflation In The United States?
419 days Intel Joins Russian Exodus as Chip Shortage Digs In

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Ed Carlson

Ed Carlson, author of George Lindsay and the Art of Technical Analysis, and his new book, George Lindsay's An Aid to Timing is an independent…

More Info

Contact Author

CBOE Volatility Index

By Ed Carlson - May 10, 2016, 2:31 PM CDT

The VIX gave up 0.98 points last week to close at 14.72 after peaking on the expected short-term cycle high on Wednesday. Since March, the VIX has been turned back by resistance at 16.40 several times highlighting the importance of this level. A breakout from 16.40 will be very bearish for equities. Last Friday was an expected 34-day cycle low. The weekly Coppock is very oversold warning of a tradable rally in the VIX (bearish equities).

S&P500 and VIX Chart
Larger Image