As outlined above, the play in commodities has become rather loud and eligible for correction. Within this set back is that our Forecaster is indicating a cyclical high followed by a recession bear market.
Today's weakness includes base metals, grains, meats and energy prices.
Yesterday, the CRB set an outside reversal to the downside and the decline continues today with a 1% loss. Taking out 320 will technically set the downtrend.
(Continued on next post)