Recently, it looked like a wide variety of commodities were on the cusp of significant technical breakdowns. Fast forward a couple weeks and the script has flipped. DBA (Agriculture) appears to be breaking to the upside of bearish triangle patterns:
Commodities (using DBC as a proxy) had all the makings of a very bearish Head-and-Shoulders, complete with a break under the neckline... only to rally ferociously starting last week. It has now broken above trendline resistance.
And "Dr. Copper" (using JJC as a proxy here) is also pushing higher after breaking above resistance: