Commodity Prices

Gold •489 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,553.70	+3.00	+0.19%
WTI Crude •11 mins	59.84	-0.72	-1.19%
Gasoline •11 mins	1.914	-0.009	-0.47%
Ethanol •490 days	2.161	+0.000	+0.00%
Silver •489 days	30.82	+1.16	+3.92%

Silver • 489 days	30.82	+1.16	+3.92%
Copper • 489 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	63.77	-0.67	-1.04%
Natural Gas • 11 mins	4.246	-0.097	-2.23%
Heating Oil • 11 mins	2.434	-0.011	-0.43%

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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…

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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
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