Note how on three of the major stock exchanges in America the 200 day MA acts as resistance for the recent rally. Only the Dow broke through with any conviction, and today it fell back below this level intraday.
Note how oil keeps hitting the 200 day MA which is acting as resistance. At this point the death cross formation is still valid.
If my assessment is correct, we can expect to see sideways movement in crude as the slide begins in it and stocks in the near future.