Commodity Prices

Gold •719 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,640.80	-31.40	-1.88%
WTI Crude •11 mins	73.72	-0.14	-0.19%
Gasoline •39 mins	2.982	-0.005	-0.18%
Ethanol •719 days	2.161	+0.000	+0.00%
Silver •719 days	30.82	+1.16	+3.92%

Silver • 719 days	30.82	+1.16	+3.92%
Copper • 719 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	77.60	-0.30	-0.39%
Natural Gas • 14 mins	3.250	-0.003	-0.09%
Heating Oil • 2 hours	3.088	-0.005	-0.17%

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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