Crazy Move in Front-Month Crude 5 comments
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The difference between the front-month and next-month contract for crude is at a whopping 12%! The front-month contract rolls over today, so a massive short squeeze seems to be taking place. As shown in the second chart below, while very uncommon, this kind of spread has happened in the past. Just another crazy data-point in a crazy market.
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This article has 5 comments:
Short people got, no reason...
Short people got, ...