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Oil Near A Bottom?

I have an article awaiting SPDJI approval, and then will have to wait for SA editorial approval, but I express skepticism on the energy sector earnings because I am not sure oil has bottomed.

This article has an interesting stat that bounces like we've seen only appear near bottoms...

www.indexologyblog.com/2016/02/17/oil-ga.../

fwiw: the SA editor is poor. It does not show corrections when you make them, so you have to go on faith that the corretions actually were accepted. Please forgive any grammer et.al. errors.

Disclosure: I am/we are short SPY.