From the desk of Steve Strazza @Sstrazza and Ian Culley @IanCulley
Overall, Commodities came under pressure this past week.
We noticed many markets running into resistance at former highs, and this was most prevalent in the Energy sector, with the exception of Ethanol.
Other areas of the Commodity space like Grains and Softs also showed short-term weakness. However, there were still some bright spots as usual.
Two of the markets that really stood out were Lean Hogs and Palladium.