This is what Norman Hallett from The Disciplined Trader Intensive Program says: In the Post Crash era that we are now in, there's been a steady correlation between the movements of Crude and the Stock Market. For the most part, they've both been going up and down together.
http://www.ninjatraderblog.com/
Opinions vary on which one is "leading" the other, but, to me, that really doesn't matter. If one gives me a clear technical view, I can form a solid opinion on the other. I've been trading the E-Mini S&P over the last few months, and I've always got one eye on crude.
Adam Hewison just made a little 2 1/2 minute video with his latest technical view of crude... Adam's experience as an ex-floor trader makes him take a "nut and bolts" view. Just a couple of indicators coming together... then he makes his play. Take a look if you have chance.
http://www.ninjatraderblog.com/
