Oil is slamming up against resistance.
The odds favor a correction here, probably to the $38-39 area.
This, in turn, would drag on stocks. $38 Oil would pull the S&P 500 to the mid-2000s (probably 2,040).
Oil is slamming up against resistance.
The odds favor a correction here, probably to the $38-39 area.
This, in turn, would drag on stocks. $38 Oil would pull the S&P 500 to the mid-2000s (probably 2,040).