While the new year has not been good to stocks, it has been good to commodities, and our trading range charts highlight their gains. The green shading represents two standard deviations above and below the commodity's 50-day moving average. When the price moves above or below this shading, it is considered overbought or oversold. As shown, oil's most recent rally to $100 has put it in overbought territory. Gold's rally has been even stronger than oil's, and the metal is currently trading above its trading range. Silver, platinum, corn and coffee are also trading in overbought territory, while copper, orange juice and natural gas are trading in the neutral zone. While commodities in general are in a solid uptrend, it wouldn't be surprising to see some of them stall in the short term.