Here we see the bottom patterns for oil (USO; top chart), euro futures (middle chart), and S&P 500 futures (bottom chart). These moved in unison to the downside, and now are pretty much lockstep to the upside. One characteristic of crisis markets is that correlations among asset classes become quite high. One sign that we are emerging from crisis would be a decoupling of markets, as markets more efficiently differentiate winners and losers, within equities and across asset classes.
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