| Gold •600 days | 2,368.70 | +35.30 | +1.51% | |
| Platinum •15 mins | 2,167.50 | -8.50 | -0.39% | |
| WTI Crude •33 mins | 66.31 | -0.17 | -0.26% | |
| Gasoline •33 mins | 1.989 | -0.008 | -0.41% | |
| Ethanol •600 days | 2.161 | +0.000 | +0.00% | |
| Silver •600 days | 30.82 | +1.16 | +3.92% |
| Silver • 600 days | 30.82 | +1.16 | +3.92% | ||
| Copper • 600 days | 4.530 | +0.111 | +2.51% | ||
| Brent Crude • 12 mins | 71.49 | -0.27 | -0.38% | ||
| Natural Gas • 1 hour | 2.985 | -0.062 | -2.03% | ||
| Heating Oil • 33 mins | 2.678 | +0.092 | +3.57% |
EURUSD: This is a brief follow up "grounded" on my last update of the long-term count posted on Sunday (Sep 9). As a reminder I am "working" with 2 potential…
EUR/USD continues to move sharply higher. The strong resistance at 1.3004 has been broken. The next strong horizontal resistance is at 1.3284 (see also down trendline). Hourly support is at…
The stock market has responded sharply to the Fed's decision to implement QE3. Short term, and even intermediate term, this could be analogous to the end of a fireworks display…
The recent actions of the ECB and the Federal Reserve have driven the final nail in the coffin of Capitalism and Democracy. Both these cornerstones of our civilization have been…
People often ask me why the West doesn't attempt a Libya-style intervention in Syria. After all, things are going so well in Libya. Oil production is up. But oil production…
As I mentioned last week I have been reassessing my long term preferred EW count. I have to admit that I was not expecting this break out. The unquestionable corrective…
Well, that was a game changer. Ben Bernanke and the FOMC surprised the markets with a QE that was significant in scope, unsterilized, and open ended. And if that doesn't…
Optimism is back again. Decisions taken in the past weeks in the US and Europe could support the S&P 500 index until 1550.
I was confident that the Fed had already begun printing. That seemed quite evident by the overall action in the commodity markets, the dollar, and the fact that stocks were…
As Ben Bernanke clearly stated during this week's press conference, the Fed is trying to inflate the value of 401(k)s and residential real estate, which is another way of saying…