While most are discounting the possibility of anomalous events taking place in this new era of low volatility, group think, crude oil is but one component that is shaking its finger from side to side threatening to force acts of dynamic thought.
This month of April has been the most significant for crude since it broke down in 2014. Of course, we need further confirmation in the months ahead by either holding onto the gains or accelerating them. It does look, however, like we could be seeing the beginning stages of a move to 160+ for crude oil. This is being further confirmed by yields, which are pointing to inflationary forces bubbling or perhaps, boiling over.
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Everything has changed in 2018.
