commodity prices may have hit a short tern high

Looks like commodity prices may have hit a short tern high and are in the process of backing off and consolidating. Long turn I would be very bullish on energy and commodities how ever short term I think we got a bit ahead of our self’s. Remember increased volatility is signaling a market transitioning from long term bear to long term bull market. Volatility leads to increased opportunities for trading profits. This market is primarily driven by interest rates, rates keep raising the market stays flat, if rates level off the market moves higher. This bull will be different than the last several in that energy and commodities will lead the market higher than play the role as the usual counter weight to what ever the market high fliers are at the moment. The dollars strength or weakness is ties directly to the perception as to weather interest rates will continue climbing or weather they are flattening out and the dollars price movement signaling much of the direction of foreign markets.