what time and sales are you looking at ? heck I am short some USO against my forex and metals positions and I am nervous after the late spike in the day even if I sold the spike
yes of course I do not argue that but my own eyes and source ( s ) I rely on for data show "POST CLOSE" prices went a good bit higher anyway ... we will all know in the next 24 hours where the futures markets will open good luck sir
I believe the 2:00 preopen is the period where the begin accepting orders, I guess it matters more in a time where the exchange has an unscheduled opening. Not an expert on the subject but I know it happened last year on the CBOT when it was shut down for a couple of hours. Oil is obviously going higher, but I would also note several models have the storm decreasing in strength prior to landfall. Going to be interesting for sure.
Should be interesting where we are in a couple of days. I'm long USO puts and looking for $99 per barrel.
Ice otc trades all the time... Currently 8.435 last as of 5:55 CST. Not as much of a pop as you'd expect...