This is my first time posting here, hope you find this helpful being my own view:
1- Supply is over the 5 year average.
2- Supply is over last year's when winter was cancelled.
3- We are running out of places to keep the supply.
My view is, this is very bearish for the short term at least, and 2.9-3.0 will still be a major psychological level to...
This bull spread has a good setup for entry. There is a good seasonality for the spread and the price is on extreme level. The usual difference betwen November-December contract months is about -0.2, so there is a huge potential. The actual price is -0.480 and SL is below the recent low -0.507.That is only 270$ risk, but very conservative PT could be -0.3, which...