From its low in January to its high in July, the ASX Small Resources Index rallied a stunning 83%. It has since given back some of the gains but remains 50% up from where it started the year. Such a sudden recovery can result in very different views among analysts and fund managers, with some thinking we're due for another leg down, while others call for the start of a new bull market. With this in mind, we reached out to some resources specialists to get their outlook for commodity markets. Thanks to Tom Richardson from Watermark Funds Management, Hedley Widdup from Lion Selection Group, Jim Copland from IFM Investors, and Matthew Langsford from Terra Capital.