CALENDAR SPREAD TELLS ME THE SENTIMENT OF THE MARKET
Thanks. The red and green lines indicate what you mean. What is the reason that the calendar spread shows a negative sentiment? So the orange line is the difference between the two futures contracts and it is pointing down? That would be a divergence to the trend of the current future as shown in the middle of the graph, too. Hmmm. I'm a newbie on calendar spreads. Thanks. A.