Commodities

Commodities are in full unwinding down here this morning. OIL is below $100, gold below $900 finally and grains are getting cracked. Been saying this for a few weeks that the commodity space is just crowded with too many traders and this I believe will get a more substantial push down.
Just one of my analysis from trading over the years I will note here. We are beginning a new quarter and usually this has an upward bias as fund managers need to allocate for the new period. I do expect the beaten down first quarter sectors as financials to at least get a bounce here, which would be great as it would set up some nice nice shorts.

In the mean time lets see how far they want to push down these commodities