Commodity Bull coming ?
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I would answer with yes, but perhaps not for all markets.
The frontrunner is Coffee. Coffee made about 90% plus in 4 months from the low at the beginning of November.
One could assume that the low for Sugar is in and we are in the first leg up on the weekly. The same could be said for Wheat and Corn. Soybeans is different, but also here we have seen the lows I guess.
Gold and Silver and other precious metals remain weak for the moment, but it may be possible that they only lag or even make some last push down. Their day will come.
Did I forget an important commodity market on the run ?
Cheers,
Ray