CRB Commodity Index Caps Biggest One-Day Decline Since March

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aN8czV3PcwUI

Interesting report coming from Bloomberg.

Most commodities indices broken up their uptrend.

The CRB index trades now close to the 200 day moving averages (green line)

but the target of this bearish breakdown is now 10% lower around the 350-360 level.