As said in the news article:
"Got a feeling the bear market in oil is about to end? That the reversal is right around the corner? ...Good times (the bull market) for the black stuff tend to be short-lived, while the bad times (the bear market) linger anywhere from 11 to 28 years, according to Credit Suisse. We’re only seven years into this tough stretch."
If a picture paints a thousand words...It is a great chart for traders to have it.
Click on the chart for bigger view:
 |
| Red is Bull, Black is Bear. |
Source: marketwatch.com