Is Crude Oil putting in a bottom?

On November 17th I posted a chart of crude oil under " chart of interest" ( see archives)..The chart pointed out several reasons why I thought oil might be bottoming. Looking at the above chart, I now see crude oil making a higher low and a higher high... That usually is a sign of an uptrend..It's still too early to tell if this is indeed a bottom in oil, but I just wanted to bring this to your attention now rather than later AFTER the fact..
Oil stocks are trending up now with $XOI and $XNG leading the way.. If crude oil actually does bottom, that should provide a good catalyst for the oil stocks to continue moving higher..