Some are calling this move in oil a warning sign, but I mean the move itself in the market is the real warning sign, in my opinion. We are extended, and going for a blow off top it appears.
Crude Oil Reverses Course as Stock Market Rallies - Wall Street Journal
Crude Oil Reverses Course as Stock Market RalliesWall Street JournalNEW YORK—Crude-oil futures shed earlier losses Wednesday as a stock market rally boosted investor sentiment. Oil futures traded more than 2% lower earlier in the session after a repo ...