prove you blew up your accound in CL today and Ill refund your loss!

We'll have $20 Oil tomorrow with the June contract.

In terms of the May contract meltdown - my GUESS is that some retail longs were autoliquidated by brokers. Commercials who were short and planning on making delivery offset some at ridiculous price levels. Just a guess but I think it's a good one.

 

Worth a picture I believe

 

This is why I'm putting a limit order to cover June at 0.01. There's no telling what will happen if you cover in the negatives. The system might make an error and think you covered for a loss!

 

I don't think crude has limit downs. If it did, it surely would have hit it that day a month ago when it dropped from 40 to 27.

 

you will probably cover at a massive loss and blow up your account

remember my prediction , dweeb

 

In contrast, Brent Oil futures behaved with a normal looking steep decline (no negative prices) of only down 2 - 3 points as if nothing was occurring in the Oil markets today.

Fascinating...gotta save charts of Light Crude Oil because 10 - 20 years from now...nobody is going to believe that Crude once traded negative prices.

wrbtrader

 

Right, that's part of it

 

yuge bounce , almost back to flat

 

You are identity thief.

 

I bought at -37. Made a killing