CHART OF THE DAY: Commodity Inflation Re-Accelerates

Commodity INFLATION continued to re-accelerate last week:

1. CRB Commodities Index reflated another +1.5% to +8.2% in the last month alone and is back to Bullish TREND
2. Oil (WTI) reflated another +4.5% last week to +15.6% in the last month and is Bullish TRADE and TREND as well
3. Copper reflated +2.8% on the week and is one of the few major commodities NOT back to Bullish TREND