Crude Near a Bottom? Is crude near a bottom? According to fund manager Daniel Bruno Sanz it is.Not only is Sanz calling for a bottom reports Bloomberg but using Demark Sequential Indicators applied to the weekly chart he's predicting oil will rocket to $93 a barrel within the next few months. The timing coincides with peak driving season in the US - May and June. Crude's “almost vertical fall " says Sanz is "completely overdone.” Jeff Saut mentioned his thoughts on crude oil in Short-Term Uptrend For S&P. From the Bull: Oil bulls can consider Schlumberger (SLB). One option is to ...