I don't trade the SPI but I like researching the market.
This is my SPI-XJO premium/discount chart and unable to ascertain whether this is correct ot not.
The chart shows [XJO in blue & SPI in white] XJO premium at the all-time-highs and the SPI was at a premium in March 09 lows.
We now have the XJO at a premium again.
DOn't know if it is correct but this is what I have.
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