Crude oil June-July




Chart above shows that crude oil June-July calendar spread usualy falls starting from the middle of January and until the end of first February's decade. This winter is very cold, so the demand still stays high on crude oil and refined products. But anyway lets try to sell at price 1.0. Exit position if day closes above 1.02. Average profit during last 14 years was $220 on 1 contract position size.