Quote from usman88:
@investvision
the spread which u predicted to increase from 4.25 to 8 has decreased to 1.6 even before the inventories and was hovering at 2-2.5 yesterday confirming the effect of supply glut in the market
What are your thoughts are you still long the spread?
I closed that spread and posted to forum long time ago, I am trying to find out my posting .
it seems this is short squeeze on MAR contract today , it may stabilize by end of day tomorrow , final spread may be around 3.5 to 4

