Why Rising Crude Oil Is Bad For Equities

Added: 2026-05-27

[00:00:00]Crude oil keeps moving higher, not good.

[00:00:03]Not good for equities at all.

[00:00:06]All right, so we at 104 on crude oil. Um the big resistance is about 108, 109. Okay? Um so, that's a problem.

[00:00:19]That's a problem for equities.

[00:00:21]All right, weekly time frame on crude, we breaking through again a big resistance here.

[00:00:27]All right, a big resistance here.

[00:00:32]All right.

[00:00:34]Our monthly time frame, same thing here, guys. We're breaking through here.

[00:00:39]All right, we're definitely breaking through.

[00:00:43]Okay?

[00:00:45]Uh this has this moved.

[00:00:51]Okay, so 104 uh next big resistance on crude is about 120, 122. Okay, right about here.

[00:01:03]All right, now