Oil is back above $90 this morning.
Yesterday it was whipsawing violently.
And the VIX is still sitting at 25.
That's not a market that's calming down. That's a market pricing in compounding risk.
When oil climbs and volatility stays elevated, capital doesn't know where to go. Tech bleeds. Energy rips. The dollar strengthens. And the correlations that usually hold start breaking in real time.
Gianni is going live at 8:45 AM ET to walk through it.
Here's what he’s covering:
VIX + Crude Oil Correlation — why they're moving together now and what it means for the next few sessions
The Battle Between Oil and Tech — energy breaking out, tech under pressure, and how to trade the rotation
Key levels on the Nasdaq, S&P, and more — the exact zones that matter today
Dollar surge — is it priming U.S. market outperformance, or amplifying the chaos?
Whether oil keeps climbing or reverses again, there's a setup here. You either understand what's driving it, or you're guessing.
We’ll see you at 8:45.
— TheoTrade