Zoen_Trieste

CLM2019 Going For 50% Discount From Its Top Price

Short
NYMEX:CLM2019   Crude Oil Futures (Jun 2019)
Oil has been selling off violently in light of it being a highly politicised commodity. CLM2019 first saw a 1/3 decline from its recent top value, where it found some support and managed to pull back to around 1/4 discount point from its recent top selling price. Currently, it has broken lower than the 1/3 discount price and is seemingly going for the important 1/2 mid point value some 800 ticks below.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.