FBC After The Bell February 22, 2016
It is not just oil but if you look at the correlation between the oil and the stock market they made the same bottom base in crude and stocks from the low we saw in february. Weve seen a nice reversal. In the middle of a range for oil where weve been trading a move up to 36 could get shorts scrambling. Weve seen a nice leg to the upside. Were now at the upper end of the range. Weve been trading between 1950 and 1810 in the s p. A break to the upside. You do the math, add 140 points on top, the t...
Source: archive.org