HDGE, Crank It Up!

 

HDGE-May-13-2016

 

I will make it short on this HDGE, but once I studied most of the other indices, this HDGE may have seen a major low, and it has much further to travel.  Again, it ended very close to the end of April, which is also the low for 2015. Now we have to look forward to the high of 2016. Markets do not travel in straight lines like I have shown, as this was drawn in just for dramatic effect. 🙂 

I have no clue to what that price will be, but what it ends up with will have to happen late enough in the year, so it has no more time to move higher.