Nymex crude oil prices dropped sharply and hitting a five-week low on Monday, negating a price uptrend on the daily bar chart and producing technical damage. Commodity market traders need to watch the crude oil market extra closely this week. If crude shows solid follow-through selling pressure from Monday’s big losses, such would better suggest a market top is in place in crude. That would also be bad news for raw commodity market bulls. as crude oil is the leader of the raw commodity sector. Stay tuned!