Signs That Oil Will Stay in a Bear Market in 2019

The video discusses the current state of the oil market, highlighting its position within a bear market and recent trends in the commodity complex. It examines the performance of natural gas and its relationship with oil prices. The discussion extends to risk assets, market resistance, and the impact on the stock market, particularly the S&P 500. Predictions on oil prices are made, considering global macroeconomic factors. The video concludes with an explanation of trading mechanics and leverage in oil contracts.

What are the implications of the relationship between stocks and oil as described in the text?

Discuss the significance of the $42 level for WTI crude as mentioned in the text.