ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Perhaps after news got out that USO is divesting from Jun contracts, selling abated?
June took out the 12.80 resist up to 13.97...maybe B1's bottom is in?
To be honest, I never really think of B1's bottom.
Jokes apart, I don't see how Jun contract evades the same fate as May contract given the same storage issues still persists
B1's bottom is about $6500/contract higher than the current market.
haha - yeah, a little early perhaps..who knows if the last of the longs were flushed yet?
What bottom are you speaking of for B1? B1 was buying the cl 4 weeks ago when the may contract was $22 and the June contract was $33. He lost 60% of his money.
What bottom are you speaking of for B1? B1 was buying the cl 4 weeks ago when the may contract was $22 and the June contract was $33. He lost 60% of his money.
I'll let him speak for self, I thought he went out to fall/winter deliveries, maybe not 60%..
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