Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	969.70	+3.90	+0.40%
WTI Crude •10 mins	69.49	+0.74	+1.08%
Gasoline •10 mins	2.031	-0.015	-0.71%
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	73.55	+0.74	+1.02%
Natural Gas • 10 mins	3.352	+0.159	+4.98%
Heating Oil • 10 mins	2.247	+0.020	+0.92%

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Brad Gudgeon

BluStar Market Timer Investment Philosophy: The stock market is currently in a technical Elliott Wave Bear Market Rally. It has been exhibiting A-B-C type waves…

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Good Sized Drop in Equities, Rally in Gold Near

By Brad Gudgeon - Jun 08, 2017, 3:48 PM CDT

Today (June 8) is the 4/16 TD top. The next low is due on June 12. A sudden sharp sell-off in equities (likely June 9) and a rally in gold is due into Monday. My best guess now is that we see a move into the 2380/90's. GDX could easily move from the 22.90's (forecasted 2 days ago) into the low 24.00's.

Below are charts of the SPX and GDX.

S&P500 Daily Chart
Larger Image