CHART OF THE DAY | Got #Oil? Hedgeye's Quantitative Set-Up - 04.09.15 Chart

Editor's Note: Below is a brief excerpt from today's Morning Newsletter written by CEO Keith McCullough. Click here to learn more and become a subscriber.

Today’s note is more of a process one (let me know if you want more or less of these – there are many processes within The #Process – and processes are always evolving) but if you go back to yesterday’s Early Look on Oil, it explains what we signaled and why quite well:

    1. Analyst (Ben Ryan) doesn’t like Oil right now  
    2. In parallel, my risk management process, which includes cross asset class correlation analysis with USD…
    3. Picks WTI (instead of Brent) as the best way to express that = SELL at the top-end of the risk range = $53.68