Commodity Prices

Gold •14 mins	2,413.80	+15.80	+0.66%
Platinum •14 mins	943.80	-10.70	-1.12%
WTI Crude •27 mins	83.14	+0.41	+0.50%
Gasoline •25 mins	2.710	-0.003	-0.13%
Ethanol •23 mins	2.161	+0.000	+0.00%
Silver •14 mins	28.84	+0.46	+1.63%

Silver • 14 mins	28.84	+0.46	+1.63%
Copper • 14 mins	4.498	+0.061	+1.37%
Brent Crude • 14 mins	87.36	+0.25	+0.29%
Natural Gas • 25 mins	1.752	-0.005	-0.28%
Heating Oil • 26 mins	2.541	+0.007	+0.29%

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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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August Heat

By Ed Carlson - Aug 02, 2016, 3:42 PM CDT

August is known for its heat and, for market participants, this August is expected to be extra-hot. Last Thursday marked the 11th straight day that SPX closed inside a 1% trading range, the first time this has ever happened. Regression to the mean tells us that a big surge in volatility is coming. Seasonality tells us that the month should end higher than it begins (which matches our Lindsay view of a Three Peaks and Domed House pattern).

Dow Industrials Charts
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