CRUDE OIL Important resistance levels

• Crude Oil four hour chart shows price near the resistance level of an Ascending triangle.
• Weekly chart shows price near Golden ratio which has been acting as resistance level. This is also the neck line of an inverted head and shoulders pattern. So Crude Oil bulls need a weekly close above this level for higher targets like 106, 108 and 113. Unable to cross the resistance line this time means correction towards 94 levels again.
• S&P 500 ANALYSIS AFTER CLOSING BELL