Alfonso's Daily Note Alfonso De Pablos highlights the day’s most important market-moving chart. Will Crude Catch Up? By Alfonso Depablos, CMT March 31, 2025 Sign up for my free note here.While everyone is paying attention to how bad tech stocks are doing these days, inflation expectations are heating up.When investors see inflation coming, they shift into TIPS over traditional Treasuries.Energy is one of the biggest inputs in inflation, and history shows these two tend to move together.TIPS vs Treasuries ratio just hit its highest level in nearly three years. Meanwhile, Crude Oil is trading at the lower bounds of its range.While they might drift apart at times, they always find their way back in sync.If that happens here, Crude could be gearing up for a big move higher.That’s the bet we made two weeks ago in our Breakout Multiplier strategy—buying calls in the United States Oil Fund $USO. We unlocked the trade here.If you want access to more trades like this and exclusive insights, you can join us risk-free.Alfonso More from Alfonso's Daily Note Alfonso Depablos, CMT The Return of the Trump Trade November 6, 2025 Alfonso Depablos, CMT Who’s Got It Right? November 5, 2025 Alfonso Depablos, CMT Weak Spots in a Bull Market November 4, 2025 See the Chart That MattersAlfonso’s Chart of the Day highlights the setups and inflection points shaping the next big market moves — before they hit the headlines. You must have JavaScript enabled to use this form. Email Address