As long a crude oil price has a large impact on inflation rates, it is relevant to measure against VIX index which measeures market volatility at SP500. Last years this index is no longer measuring stock status but big 5 or 7 tech companies. Anyway there is still a strong relation between this two values
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
