The International Energy Agency released a report today saying oil may have bottomed.
I think this is kind of funny, because oil has already rallied 35% on the J contract and even much more on the continuous contract!
I alerted to possibility of a bottom on 2/12 here, saying, "I think it could be near a decent turn" with CL1 at 28.09.
Today CL1 is 38.63, so I beat IEA by 37%. :)