With the big declines we've seen in commodities over the past couple of weeks, below we highlight where ten of them currently stand within their trading ranges. The green shading in the charts below represents between two standard deviations above and below the commodity's 50-day moving average. Moves above or below the green shading are considered overbought and oversold.
As shown, all ten commodities are either at the bottom of or below their trading ranges at the moment. Platinum, silver, copper and wheat have really gotten hit hard.
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