Oil Could Crash The S&P 500 Or Send It To 7,500
Source: SeekingAlpha
2026-03-06 18:18:59 ET
Thesis Summary
The S&P 500’s next major move will be determined by what oil does next.
After rallying over 20%, Brent crude is currently trading at nearly $90.
If things got worse and we saw a spike toward $120 oil, this would likely trigger a 5-10% correction....
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Oil Could Crash The S&P 500 Or Send It To 7,500
United States Oil Fund
NASDAQ: USO
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