We have been describing what has been going on in commodities as a good old fashioned rotation of rolling speculations with the hedgies, various other black boxes and momo’s playing the sector.
NFTRH had projected a top of some kind (whether merely corrective or terminal) in the CCI commodity index as the leaders in Agriculture were due to roll over from excessively over bought (and over hyped). We have been describing what has been going on in commodities as a good old fashioned rotation of rolling speculations with the hedgies, various other black boxes and momo’s playing the sector. There is nothing but hot air to the noted support level.
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