CL - Nymex crude

What happen to CL into close? Spiked $1+ and drop $1+ just like that.

 

unreal,eh...................right to the top of the 15 min wedge & slammed it to the bottom in seconds............sick move in seconds.

 

Yeah, it ripped me a new one.

 

What is the front month contract ? april or may ?

 

MAY

 

today was expiration, the settlement is determined in the last half hour of trading which is what lead to the excessive volatility.