Oil Prices Drop 10.31% in 5 Days as Treasury ETF TLT Rises 1.30%

According to SentimenTrader data released on June 17, crude oil prices fell 10.31% over the past 5 trading days, while the long-term U.S. Treasury ETF TLT gained 1.30%.

Historical data shows that since 2008, when this market combination occurs—oil declining sharply while Treasury bonds rise—the S&P 500 has a 85% probability of gaining within one year, with a median gain of 17.04%.