Zoen_Trieste

CLM2019 Going For 50% Discount From Its Top Price

Short
NYMEX:CLM2019   Crude Oil Futures (Jun 2019)
Oil has been selling off violently in light of it being a highly politicised commodity. CLM2019 first saw a 1/3 decline from its recent top value, where it found some support and managed to pull back to around 1/4 discount point from its recent top selling price. Currently, it has broken lower than the 1/3 discount price and is seemingly going for the important 1/2 mid point value some 800 ticks below.
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