Quote from bone:
Chillax in the June flat price futures, guys. The CL M-N10 exchange supported implied spread had volume of 155K yesterday, and the commercial strip roll is ruling the roost at the moment. When commercials are rolling, models are usually shit. (not to mention your ETFs and GSCI types). I'm not saying don't trade, FWIW when July is the front month you will certainly notice a 'smoother' or 'better behaved' market (if that's possible with crude). Lots of 'tic shake' and trend 'coitus interupptus'.
true that. upside surges blew away with nil chance to step in long. slam-bang and gone thru the signals. definitely rollover in total control of the tapes... turbulent until the 20th?
