The Oil Signal That Preceded Major Market Crashes Since 1987 Is Flashing Again
A key oil market metric that has preceded major market collapses since 1987 is closing in on its danger zone. The crude’s 12-month rate of change (ROC) is now sitting at 91%. Analysts suggest that each time this metric breached 100%, a market crash followed. Five Crashes, One Oil Playbook Analyst and trader Jack Prandelli … Read more