Is Crude sending signals ?

One potential marker of the down leg that I'm expecting in stocks is the price action in the crude futs market. It appears that the corrective move higher occurred within a well defined channel which was broken to the downside followed by a retest back up to lower channel and is now fading and rolling back over. I believe I can count a clear Elliott wave pattern which would suggest a violent move much lower. In the second chart I overlaid the active crude chart with /ES to help me visualize the similar price action between the two.
It appears that Crude did not confirm this move higher in stocks and in fact is about to lead the way lower pulling the stock market down with it......