konhow

Correlation – Crude Oil & CPI

Long
NYMEX:CL1!   Light Crude Oil Futures
Studies indicated Crude Oil is the best indicator to track the current inflation.

It is also a leading indicator to inflation numbers? If that is true, we will have to track the crude oil prices very closely.

Content:
i. The most inline commodity with CPI
ii. Can the Crude Oil track CPI?
iii. Direction of Crude Oil

Crude Oil Futures
Minimum fluctuation
0.01 = $10
0.10 = $100
1.00 = $1,000
10.00 = $10,000

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