Recap on Gundlach's comments: "Oil is the key to everything"

I posted headline comments from Jeffrey Gundlach, chief executive officer at DoubleLine Capital here

Reuters have a recap up, with some more detail: DoubleLine's Gundlach says rally in risk assets nearing an end

• "Oil, like I said, had an easy time rallying from 28 to 38. Now the hard work begins"
• "Oil is the key to everything."
• Standard & Poor's 500 Index ... in a bear-market rally that is close to being over, has 2 percent upside but 20 percent downside

Oil is the key, eh? On Monday I posted 'The Key, The Secret' (please don't check this out, you'll only be disappointed :-D FX trade ideas thread - Monday 7 March 2016 (includes The Key, The Secret))