Commodity Prices

Gold •314 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	981.10	-11.10	-1.12%
WTI Crude •10 mins	63.25	-0.42	-0.66%
Gasoline •10 mins	2.169	+0.003	+0.14%
Ethanol •314 days	2.161	+0.000	+0.00%
Silver •314 days	30.82	+1.16	+3.92%

Silver • 314 days	30.82	+1.16	+3.92%
Copper • 314 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.21	-0.42	-0.63%
Natural Gas • 10 mins	3.522	-0.125	-3.43%
Heating Oil • 10 mins	2.193	+0.022	+1.00%

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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