I'm -24, but my time spread confirmed positive last week. And we've seen some strength there relative to the flat price.
Great call on WTI. Having recently switched to the longer time frame, the last 3-4 days were an eye-opener for me in terms of confirmations and follow-thru. Its very different experiencing the move real-time than looking at historical charts. I had goose bumps . Add to that a picture perfect intra-day failed AUp in RB today. Since you pointed it out, I have been tracking the back months in products with a lot more seriousness and it has made things a lot easier. Thanks for everything.
My yearly A down is around $36 in WTI which is one puke away from tagging that. Rbob about to confirm on the 30 day. Heating oil already confirmed. You know what this means? USD/CAD and USD/MXN probably going to keep pushing higher.
I'll be in Europe the next two weeks. So not sure how active I'll be. I left the keys to King to watch over the place. Don't get lazy on me and stop posting.
Have a safe trip Mav. WTI couldn't get past my WAUp so treating this as a failed weekly A Up and see if we get new lows as the month ends.
i actually got a WAu confirm on CL. The Dec/Dec has failed so far though. And my positive number line confirmation on the Sep/Oct has proven to be true thus far as well as we are .18 off the lows. I'm looking forward to the new monthly levels next week. I'm hoping the arb is in a good place to be able to fade a Monthly Aup.
Thanks. Havent been tracking spreads yet but I did see USDMXN and USDCAD bounce off my yearly A Ups so hoping they will make new highs (I am fairly new to these instruments so I might be way off here). I may not be timing this right but HO numbers indicated a build so focusing on that really.
Hi Mav, as a way of expressing my gratitude /payback for all the quality work you selflessly provide on this forum I'd be happy to beer-up with you in Ireland if your European tour comes to town here.We can get short a few euros and enjoy the liquidity. Let me know! Similar thanks to all you other regular contributors here..please be patient with me when the questions start!May the vol gods be with you all.
I'd have at one time offered a very unique and exciting and all healthy ( no seedy stuff) visit of Paris, but as it would turn into something like that, I 'll have to pass from offering you some good hospitality.