There is lots of money around. There is not an imminent debt crisis; though the concern is there. There is a need for re-balancing, and hedgers for sure had a lesson about that this past week.

This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.

It's starting to look like in the commodity complex is arriving.