Commodity Prices

Gold •10 mins	1,969.60	-25.90	-1.30%
Platinum •10 mins	1,003.50	-6.60	-0.65%
WTI Crude •1 day	71.74	+1.64	+2.34%
Gasoline •1 day	2.501	+0.065	+2.65%
Ethanol •1 day	2.161	+0.000	+0.00%
Silver •10 mins	23.75	-0.24	-1.00%

Silver • 10 mins	23.75	-0.24	-1.00%
Copper • 10 mins	3.728	+0.017	+0.44%
Brent Crude • 1 day	76.13	+1.85	+2.49%
Natural Gas • 1 day	2.172	+0.014	+0.65%
Heating Oil • 1 day	2.357	+0.042	+1.82%

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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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