http://seekingalpha.com/article/220560-crude-oil-shows-weakness-expecting-below-60-dip?source=dashboard_macro-view
conclusion:
Crude oil's inability to trade on its own merits has no doubt helped sustain its higher price level. Crude's high correlation with equities and mounting evidence that equities have begun a new leg down does not bode well or crude oil as risk trades are being unwound. Am I saying that crude oil will never reach $100? No, I'm not. One thing is certain, however, crude will break below $60 first.