Markets About To Crash. Oil Will Hit $130.

War or No War, the markets seem to have hit a short-term top and some sort of correction is a legitimate possibility in the next couple of weeks/months. I’m looking for an Approx. 5% correction on the S&P 500 from the current levels. That coupled with Oil going linear, you can expect some fireworks and more economic data manipulation as a result.

Note: The Volatility in the markets will be high, especially if a Limited Military Strike turns into a War Campaign/Occupation. Avoid commodities if possible.

Here is a daily chart of the S&P E-Mini Futures:

ES - Daily Chart

Recommendation: SELL

Price Target: 1560

Crude Oil Daily Chart:

Oil - Daily Chart

Recommendation: BUY

Price Target: $130

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