I have seen a couple of comments around the Internet speculating that a big commodities rally is coming. Let’s look at a few charts to see if there is anything to back that up. We’ll use the Commodities iShares (GSG) as a surrogate for commodities. On the daily chart below there is a price pattern that reminds me of crude and gold, which, of course, are included in this index. There is a double bottom early this year, a rally attempt, then a failure of support, and continued decline.