April 2, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Raise Hedges

It is time to raise hedges. There will be a separate post.  Also, see the Protection Band section below.

Middle East Tensions

Please click here for a chart of crude oil futures (CL_F).

Note the following:

• An Israeli air strike on the Iranian consulate in Damascus, Syria killed a top Iranian general.  Iran is vowing revenge.
• The chart shows oil is rising.
• Both trendlines on the chart show a bottoming pattern in oil.
• The upper trendline on the chart shows that oil is threatening to break out.