For those who don’t see it…Oil remains far below the 200DMA so everyone claiming oil is in a bull market sounds a bit silly. Oil remains in a bearish downtrend. The equities may be getting close to testing that 200DMA and find themselves in a bear market soon. Tough to argue reality. When will deman swing back hard? I would guess in 2024 after the epic global recession.
In the mean time, trade the bounces I say! Or hold and wait for another two years to see $9+ you do you.