What could even make oil go up from here? Surely the worst is behind us, right?

Wrong. Dead wrong.

Oil's been bleeding but don't get comfortable. Here's what could flip this:

🔥 Supply shocks - OPEC cuts deeper or geopolitical flare-ups in the Middle East
🔥 China demand surprise - If stimulus actually works and manufacturing roars back
🔥 Dollar weakness - Weaker $DXY = higher commodity prices across the board
🔥 Strategic reserve buying - Governments restocking at these levels

The market's pricing in recession and demand destruction. But commodities don't bottom until everyone's given up.

When $WTI hits that psychological floor and macro flips? That's when the real move happens.

Don't fade the setup just because it feels dead.