From the Desk of Ian Culley @IanCulley
Commodities are caught in correction mode.
Copper has undercut former support. Crude oil is trading below its former cycle peak. And grain markets can’t catch a bid.
It’s not the most bullish behavior. But remember, price doesn’t travel in a straight line.
On the bright side, most commodity contracts have stopped going down.
And the future will only become brighter for commodity and stock market bulls if buyers continue to bid up this next stock…