USD strength since Oct stalls oil momentum

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Soon USD rise will cause oil to roll over.  Frexit threats will weaken Euro as it did UKpound.  An oil rollover usually occurs in July:

July 2008, July 2011, and July 2014.

Relationship oil to SPY ROC14.  See below the ROC14 for SPY hits 7% or greater after oil falls!

oil-and-spyroc

 

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