"Question mark: Are energy and commodities showing weakness? "

I think they might be.  The CRB index has developed a reasonably clear left side of a head & shoulders pattern.  If the pattern is completed over the next few months, it will be signalling a significant drop in commodity prices, especially oil.  The 5% or so drop in the index over the past 2 days might be the beginning of the right shoulder, but we will just have to wait and see.  If the pattern does develop fully, we are witnessing a global drop in demand for most commodities.

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