Commodity Prices

Gold •353 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,264.50	-48.60	-3.70%
WTI Crude •1 day	73.84	+0.34	+0.46%
Gasoline •1 day	2.330	+0.021	+0.91%
Ethanol •353 days	2.161	+0.000	+0.00%
Silver •353 days	30.82	+1.16	+3.92%

Silver • 353 days	30.82	+1.16	+3.92%
Copper • 353 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	77.01	-1.84	-2.33%
Natural Gas • 1 day	3.847	-0.142	-3.56%
Heating Oil • 1 day	2.542	+0.008	+0.33%

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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.

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