![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJRUgm_BTIsk1DVnhslC8eJTcPVa2RVm5AewdWLO_foLaIP7YSHn4ISUXzQ0R5Ig7u8-QitBav2UPQRR9tn6w3pPIdMtlIEZt2-qdd2Cvw8sL7ibUUoPcjGQt3_Gz2Jtwu0TwtHyiG9Pc/s640/crude+oil+cloud.png)
- Weakness in 4 hour chart only if price starts to trade below the channel.
- Weekly chart is also testing crucial resistance zone. Crude bears need a bearish candle at this levels for a bigger correction to follow.
- Things are simple for bulls they need to do a breakout for the weekly head and shoulders pattern .
- S&P 500 Analysis after closing bell
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