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Is Oil Trying to Get Our Attention?

August 2, 2016

While today, in most respects, was a normal, quiet, grinder of a day, the selling in the oil markets continues to accelerate. A few times today when oil made new lows on the day, the $TICK spiked lower, causing the S&P 500 to roll over. Is oil trying to tell us something? Let's dive in and take a look.