Charts are a great graphical way to intrepret market participants' response to fundamental and economic inputs. It looks like many have caught a case of tunnel vision for oil prices - but the aforementioned factors you mentioned Pauly are all important here on out.
No Need To Fear the Bottom [View article]
No Need To Fear the Bottom [View article]
A volatility spike would likely coincide with such a low and leave the market well placed to rally.
Due diligence as always,
DJF