By Opex, the /ES and $SPX should have parity i.e. no difference between the futures price and cash price. The new June contract will have a several-point (usually 3-4 if memory serves) premium over the cash price.
Dreadwin said he is pretty good in an up market, pretty bad in a down market. I don't have a long history with him. For me it's all been brilliant except when some news event jars the market.
Thanks!
His /ES numbers will be switching to June.
By Opex, the /ES and $SPX should have parity i.e. no difference between the futures price and cash price. The new June contract will have a several-point (usually 3-4 if memory serves) premium over the cash price.
Dreadwin said he is pretty good in an up market, pretty bad in a down market. I don't have a long history with him. For me it's all been brilliant except when some news event jars the market.
You might see a very short term dip (a few points) as traders dump the March /ES.
Sundancer, do you know what that actual number of what the $Rut would be on that rad line? Trying to ascertain if we bust through it.
I thought maybe he was trying to say his /ES numbers would be switching from the March contract to the April contract. But I hated to just guess.
Man, Carl seems good. Have you ever seen him wrong?
Hi Dread, but what does that mean in terms of direction?
The current /ES contract (March?) will be expiring, if I'm not mistaken.
Out of TNA