Commodity Prices

Gold •649 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,095.90	+17.90	+0.86%
WTI Crude •11 mins	97.06	-2.02	-2.04%
Gasoline •11 mins	3.090	-0.026	-0.83%
Ethanol •649 days	2.161	+0.000	+0.00%
Silver •649 days	30.82	+1.16	+3.92%

Silver • 649 days	30.82	+1.16	+3.92%
Copper • 649 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	98.10	-1.26	-1.27%
Natural Gas • 11 mins	2.611	-0.016	-0.61%
Heating Oil • 11 mins	3.805	-0.029	-0.76%

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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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