Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
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Kindly,
Phil
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
Note
IMPORTANT UPDATE : I might have said somthing that could be misleading and therefore I'd like to clarify to avoid any confusion ! Contango is not an excepetional market context, basically a contango just mean that the future delivery of an non-perishable good is higher than it's current market value. Therefore WTI is always in a contango... What is exceptional nowadays is the extreme impact the contango situation has on forward prices. It's a little detail, but I'd rather like to make it clear ! Contango is normal for oil, but not when it's amplitude is covering almost half of the market spot value !
To learn more about the PRO Strategy and request a trial for the indicators:
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
To learn more about the PRO Strategy and request a trial for the indicators:
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.