Whenever a commodity market moves this much and I?m not in it with clients it is frustrating?almost as frustrating as being in the market positioned the wrong way?

A 61.8% retracement has played out in the last three weeks but it appears we are finding solid support at that level.

In the last two weeks soybean meal has bounce from oversold levels as we are starting to see confirmation of a bigger move with settlements above all shorter dated MAs.

This is not your typical trade that I am advising to buy or sell a commodity instead I am examining a spread where one would buy gold futures and simultaneously sell Platinum futures.

In the last 3 weeks gold has built a solid base as prices have consolidated trading on both sides of the 200 day MA; identified by the light blue line.

After a near $10 run higher in the last month February Crude oil futures have stalled just under $94/barrel.

After a 5% advance in the last few weeks it appears 1460 is the line in the sand in March futures. My expectation is that we have reached an interim top and prices of equities have started to roll over.

In the last two years, coffee price have been cut in half but within the last few weeks it looks like we may have found a value zone. After trading down for nine consecutive weeks coffee has been able to show marginal gains closing higher four out of the last five weeks.