Crude Oil, Stocks, and Yields have experienced a high degree of correlation over the past few months. All three peaked together near the end of September and all three bottomed together near Christmas. This month a big divergence is taking place!

The chart above reflects that Crude Oil and the S&P have created a series of higher lows, while yields have created a series of lower highs.

One of the largest divergences in a year is taking place as the month of March is coming to an end.

Most likely a game of “Catch Up” needs to take place, as the spread has become rather large. Stocks and Crude will chase yields lower or yields will rally to move closer to rising Crude and stock prices.

Watch these support and resistance lines for clues to the upcoming game of “Catch Up!”



We Keep You Informed & Confident with Big Picture Chart Patterns & Alerts on Major Market Turning Points

and identify assets that have reached extreme support and resistance levels
and monitor hundreds of assets for breakouts & reversals for you
and identify high probability entry and exists points for you
all from one of America’s Top Chart technicians