Chief_Tardis

USOIL and SPY strange correlation

AMEX:SPY   SPDR S&P 500
267 2 6
See the top most point of oil             and the SPY             top and see the bottom where we have the SPY             last low in 2009 and Oil             in that range...I found it weird but going to track it.
Yes, seems interesting, makes you think oil will rebound soon, I think before summer and the markets will see a massive rally, feel the same?
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added a few arrow marks
https://www.tradingview.com/chart/ejHRLizX/
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