Wait guys, IMF program will not be a "bazooka"...continue selling. Listening to the sqawk at my office can be laughable at times. I just want to put on my headphones and zone it out...just watch the price action. It is necessary though.
It's pretty easy. You just type in the appropriate math for your two (or more) contracts (which use standard symbols and annotation.) Here is a link to the Jan Brent - Jan WTI spread: http://www.barchart.com/chart.php?s...tor_2_param_1=16711680&addindicator=&x=47&y=9 You enter the contracts in the "expression" box. You can also use the drop-down boxes, but it's usually easier to directly type in the formulas. I use the drop down boxes to look up symbols or month codes. There are also pre-set spreads in the "common spreads" drop-down box. Mostly agricultural calendars and flys. Two other things to keep in mind: You can use the "*1" to signify the nearest month contract, "*2" for next month, etc. Don't forget to adjust for tick values in intercommodity contracts, or the chart won't reflect the performance.
Could be a good fade tell though right? Better than having to drown out the guy outside using a leaf blower when a quieter push-broom would do just fine...