Let's dig in, first looking at the ugly action in the metals.
Gold has acted like crap after breaking resistance. The break isn't sustainable and may want to re-test the prior lows.
Silver is sitting on critical support. With all this fear in the market, why hasn't it been able to get a bid?
The simple idea here is to short pops via SLV + GLD puts.
Copper is approaching key support as well. It still has a measured move much lower, so be mindful of that.
A lot of soft agriculture commodities look much better after long term weakness. Check out this monster reversal week in Sugar. We haven't seen a candle like that since 2012. This bounce has legs IMO.
Cocoa is at key resistance after breaking a two year double bottom pattern. It can really pick up steam over that 39 level.
Coffee recently broke a multi-year downtrend and is confirming the uptrend: Buy JO.
