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CRUDE- THE BEST OF ALL

 

As the equities continues to horn or kill the matador (Bears) wildly upward one MUST be properly insurance, These are nose bleed levels (risk); as such LONG the Crude futures hedges the equity portfolio; from all perspectives, bare in mind grains (MILK) lucratively contributes to the inflation portfolio, milk is and has been always been the best inflation hedge.

1:10EST

No major bias change from the last update

last update

5/23/14

1:50EST

CLN14 (Crude-July futures)

105.23-105.30 is a swing (long from 99.50) profit taking level

Next reload level will be updated on Monday/Tuesday

5/27/14

1:50EST

NOW:

Expecting a minor drip and dip down to 102.77 (bounce/Buy level) and possibly 102.60 although buying support begins at 103.30 to 103.17 (two fold increase at 17) none the less the major move is still up to 109/112 although 105.23/30 is the nearest profit target

As duly noted since 1/14 we're bullish the crude on all time frames and are expecting a major rally to take out the July 08 highs and as such the rally is in the early developing stages; No MAJOR change regarding the next all time high price which is still 247 to 250; This is the get rich play and in addition it hedges your portfolio against risk and inflation; bear in mind INFLACION is in the streets (Meat, Milk, Bead) and gas.(click to enlarge)

 

CRUDE-ENERGY PORTFOLIO STRATAGEY HEDGE:

Disclosure: I am long OIL.