Crude Oil Drop Catalyst for SPX Recovery Rally?
Crude Oil prices have broken below key near term support at $63.95, and have followed-through on the downside to $63.50 so far--- likely on the way to $62.50/20 next-- in a pullback that COULD provide the catalyst for a recovery rally in the SPX in the upcoming hours...
For more of Mike Paulenoff, sign up for a Free 15-Day Trial to his Macro Trading Charts. Or try his QQQ Trading Charts or his E-mini S&P 500 Trading Diary.