Friday, July 24, 2020

CPO - Calendar Spread and Squeeze .... what a day for the SQUEEZE!!!!!








The table above shows the CPO Spread Quotes for the active months and the corresponding charts.

The big squeeze has been the OCT active months outperforming the rest in this unprecedented rise today!!!!

The bull run ... or bear squeeze is OCT and lesser in NOV ...

The forwards months are relatively quiet from Jan till June.... Looks like the CPO marketeers have manage to convince more CPO usage !!!!

Drink CPO, bath with CPO, moisturize with CPO, Soak in CPO, ......Cleanse with CPO, Sterilize with CPO, Sanitize with CPO and don't forget to DEEP FRY with CPO!!!!

With the new culture  there will never be sufficient CPO to supply for the next decade!!!!

Sensing something was not quite right, I decide to SELL the forward months in 2021 and long OCT 2020!! ...

I made the right choice and decision.

We will hear the news later why the squeeze if there are any or maybe just a typical classic STOPS triggered!!!!

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