Could January Mark A Top For Oil And Stocks?

Crude Oil (top), S&P 500

It’s a good idea for investors to be aware of key indicators and inter-market relationships.

Perhaps it’s watching the as an indicator for precious metals or emerging markets. Or watching interest rates for the economy. Experience, history, and relationships matter. And it’s good to simply add these to our tool-kit.

Today, we look at another relationship that has signaled several stock-market tops and bottoms over the years – especially during the past several months.

When tops or bottoms, it seems that the stock market follows along. And with oil reversing lower last week, it’s probably a good idea that investors pay attention here.

Looks like an important test for and stocks could be in play at each trend line (2). Stay tuned!

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