• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Here

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

Here's how we see the setup for trading crude oil from in the immediate term.

Crude, and commodities in general, remain in a negative intermediate "Trend" (3 months or more) position. Buying crude for an immediate term "Trade" makes sense under $49/barrel. Selling that "Trade" at or better than the $57/barrel price is where we get out.
KM