Just looked at the pre-market - US stock futures are retreating from opening levels. Against the backdrop of a general correction in commodity prices, the pullback in oil and precious metals from recent highs is weighing down. It seems investors are hedging.

This pullback is interesting because such movements in commodity markets usually drag stocks along. Gold is losing ground - a signal that risk appetite may decrease. I'm watching how the main indices will open.

It's still unclear whether this is just a correction or the beginning of a more serious decline. But against the backdrop of falling commodity prices, the stock market is clearly nervous. I will monitor the session.