Is The Commodity Correction Nearly Finished?

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.As the U.S. Congress postured over the eventual terms of the Fed’s financial bailout package yesterday, stocks hinged on every word, bobbing and weaving their way throughout the session. After drifting lower at mid-day, the major indices briefly recovered into positive territory later in the afternoon, but selling pressure in the final thirty minutes of trading shoved stocks back into the red. The Nasdaq Composite lost 1.2%, the Dow Jones Industrial Average 1.5%, and the S&P 500 1.6[...]

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[Source: The Money Blogs]