Tracking Inflation with this Ratio - Crude Oil vs Gold RatioThe Fed is using this Crude Oil vs Gold ratio in tracking inflation.
The one in white is the inflation and the one in yellow is the Crude Oil vs Gold ratio.
We saw that when inflation peaked at 9% in June 2022, so did this ratio.
Although we recently saw a cut in interest rates, the yields are now moving higher, and gold has maintained its high point.
This makes us wonder: will inflation move toward the 2% target, or is it still at risk of rising further?
Micro WTI Crude Oil Futures & Options
Ticker: MCL
Minimum fluctuation:
0.01 per barrel = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
MCL
How to Use Intermarket Analysis? - Crude Oil Potential DirectionAn example of Crude Oil and Palm Oil in my intermarket analysis to demonstrate how I identify potential upcoming trends and why I believe both are about to move.
To help narrow down potential opportunities in other markets, you can apply the techniques I am about to share.
Micro WTI Crude Oil Futures & Options
Ticker: MCL
Minimum fluctuation:
0.01 per barrel = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
