sobata416

the S&P 500 and crude oil - since October 8th, 2014

FX:USOIL   CFDs on Crude Oil (WTI)
the S&P 500 and crude oil were highly correlated between October 8th and October 17th.

Since the 17th, their prices have diverged.

So who's right?

the SPX? (risk on).

or oil? (risk off).

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