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 The post The Oil Signal That Preceded Major Market Crashes Since 1987 Is Flashing Again appeared first on BeInCrypto.