The oil price yesterday

The Brent/Crude oil lost more than 9% as many other commodities in a lightning strike loss.That was impressive for a interested trader,that's why i was posting less in recent days and followed this delvelopment instead.
The chart:

Wherever the price is heading to,this dramatic retracement will have it's impact.Hopefully for the better in therms of decrasing inflation.
Today after the crash many loosers are regaining,but notice the dramatic rice price decrease at the lower end of this graphic-the 1 day relative performance:

In comparence the 1 week relative performance of the commodity market:

I'm all in cash since last week and would suggest to stay that way too until the waves calmed down a bit-hard to predict anything right now.