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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (156520)	4/15/2020 2:42:23 AM
From: TobagoJack	Read Replies (1) \| Respond to of 218163

thoughts went into your post. shall re-read a few times. in the meantime, taking this below dialogue in Things That Make You Go Hmmm... 2020 Hmmminar Series For those of you unable to join us live on Tuesday evening, the replay of my conversation with Steve Diggle is now available for replay. Click here to watch the full Hmmminar: www.ttmygh.com/hmmminars

To: sense who wrote (156520)	4/20/2020 11:47:51 AM
From: sense	Read Replies (1) \| Respond to of 218163

Oil answers the call: Plummets from $18 to under $11 on the spot market this morning. The drop comes coincident with the rollover from the current month contract to the forward month June contract. The May futures contracts become deliverable tomorrow... which means lazy investors skittering out of the near month only now at the last moment, are being hugely rewarded for their sloth. The difference shows up in the ETF results, also... as the earlier roll overs now have SCO trading based on the June contract... which opened this morning around $24 and is still trading above $22... the shorts making money, but not the kind of money that comes with an overnight drop from $18 to almost $10. What that does create is a bit of obviousness... where the forward month contract trades at $22 and the spot market trades under $11... and there is only the next thirty days for the two to find a balance.