The NQ's spread between December 2021 CT and March 2022 CT
has been wining wildly between Contango and Backwardation.
The spreads flip from Flat to Down to Up.
Looking back to January 2020 CT and FEB-MAR 2020 we witnessed
very similar action in the M1-M3 CTs.
With spreads this tight, it creates the ability to hedge during RTH
should a Trader find themselves able to capture a spread for Profit
and Hedge Risk.
has been wining wildly between Contango and Backwardation.
The spreads flip from Flat to Down to Up.
Looking back to January 2020 CT and FEB-MAR 2020 we witnessed
very similar action in the M1-M3 CTs.
With spreads this tight, it creates the ability to hedge during RTH
should a Trader find themselves able to capture a spread for Profit
and Hedge Risk.