AheadoftheNews Blog

A blog on market moving news and futures trades.

The QM long (September crude) from 62.40 is now almost +3 in one day (300 DOW futures equivalent). That's $1500 per contract. Never ceases to amaze me how everyone keeps calling for a major drop in crude as it keeps on climbing. It's like trading a tech stock in 1999. Target is 65.95.
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