Stock mrkt and Oil followed each other last yr to their highs in Oct and then have followed each other to the recent lows month ago and now have each bounced some since then.....they aren't exact, but have been in general......I'll be playing them each lower, think a pullback is imminent, that's just me, could be wrong, but way overbought and manufactured run by the FED at 2450 and then they forced covering to squeeze us this high, jmo, shortly we ought to head down and then do they step in again and if so, where??? 2450 area again????? Who knows, rigged game, only them and their wealthy buddies know, jmo.....
I want to add, for a few months now I thought Oil and S&P would decouple, oil go higher and stock mrkt lower, but has not happened yet and part of what makes me uncomfortable in my thoughts.....
Nothing here is investment or trading advice....