Monday, May 12, 2008

Commodity Snapshot

Here are a couple of Bespoke's snapsots:

Energy prices have diverged from the rest of the commodity sector. As shown in our trading range charts below, both oil and natural gas are once again trading more than two standard deviations above their 50-day moving averages, which is extreme overbought territory....

Oilnatg

Go here for the other eight.