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Commodities

No change, crude oil has been following the MM roadmap perfectly through 2021 and into 2022 and while the easy money now feels behind us we still think another 10-15% upside feels likely.  This is one commodity that’s managed to advance even as the $US pushed higher, political tensions in the Ukraine has been a major tailwind.

MM remains bullish crude oil looking for a test of $US100/barrel
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Brent Crude Oil ($US/barrel)
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