Hefaistos

Three Items That Will Signal a Crude Recovery

Your three indicators for a crude recovery are'nt very precise. I would add one, leading indicator:
4. A decreased level of contango would also by itself indicate a market stabilisation, in the current situation it would mean that spot market supply is soaked up by demand, and not just stored away. So, look out for a levelling out between spot mkt price and future mkt price