Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	969.10	-1.40	-0.14%
WTI Crude •10 mins	70.20	+0.10	+0.14%
Gasoline •23 mins	2.057	-0.003	-0.12%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.32	+0.09	+0.12%
Natural Gas • 10 mins	3.350	+0.011	+0.33%
Heating Oil • 11 mins	2.275	+0.001	+0.04%

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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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