OOO betashares crude oil index etf-currency hedged (synthetic)
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Here we go - Backwardation

  1. AimForSimon
    7,523 Posts.
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    25/05/20
    14:00
    Post #: 44817592
    To get this moving back up we need backwardation and get out of Contango. While long end of curve is still in contango oil market over next few months of expiry is moving back into backwardation.

    Game on
    OOO Price at posting: $19.36 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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