HomeMarketsCurrencies & CryptoCrude Is up 109% | Uncertainty Creates Profits
Crude Is up 109% | Uncertainty Creates Profits

The US Dollar Index futures (/DX) chart is showing a double bottom pattern. Anytime there is uncertainty, there is great opportunity and where the profits lie, says Chris Robinson, Managing Director of TJM Institutional Services. He and Ben discuss the ten-year yield. Chris points out that crude oil went up 109% in three months, and it looks like we may be heading back to the halfway back trade of 96.50. The euro (/6E) is trading sideways and really hasn't moved yet, so he is looking for a breakout. He gives his thoughts on the Fed's next move, saying he thinks they will make the right move. Chris points out that all commodities are at 10-year highs, and calls it a demand driven rally. He says to have an exit plan in place.

Futures

14 Mar 2022

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