The energy complex charts are worth a look and silver is just silly.
With commodities now the trade du jour, more and more people are following them. Below we highlight our trading area charts for ten major commodities. The green area represents 2 standard deviations above and below the commodity's 50-day moving average. Every single commodity is currently trading in extreme overbought territory except for orange juice. At some point, these commodities will see declines, and the more parabolic they get, the harder they will fall....MORE