WTI VS BRENT DEC-MAR CALENDAR SPREAD WILL SLOWLY COME DOWN TO THIS LEVEL BY BRENT FUTURE'S EXPIRY.
Short at zero on October contract.
Market tone looks not bad
If WTI keeps going up, RUBUSD may try the area in the circle
There is more room to go up?
TOPSIDE SEEMS LIMITED.
CLOSE MY POSITION AROUND 1.45 FOR NOW.
LOGN: ZARUSD, SHORT: PLATINUM
a short break, but Gold/Silver ratio is still at the high level.
Nonferrous metals will probably be the key from now on?
which one ?
wait and see till the next OPEC, but the market sentiment has improved
CALENDAR SPREAD TELLS ME THE SENTIMENT OF THE MARKET
Bullish, however, Long needs a bit caution as Funds net- long position is at the high level.