Spreads removed from June watchlist
- HEN16 – HEQ16: seasonality started later and there were no clear signal to enter.
- KEN16 – KEU16: seasonality did not start within the trading window.
- NGG17 – NGZ16: no signal to enter.
Buy Gas Oil: GOX16 – GOH17
long November 2016 Gas Oil and short March 2017 Gas Oil
22 days to optimized entry, I will provide analysis in the middle of July again. I also add into my watchlist GOV16 – GOG17.
Buy Soybean Meal: ZMF17 – ZMV16
long January 2017 Soybean Meal and short October 2016 Soybean Meal
17 days to optimized entry, follow-up analysis needed in the middle of July. Percentage of winning trades in 15y history is 86%.
Buy Soybean Oil: ZLH17 – ZLZ16
long March 2017 Soybean Oil and short December 2016 Soybean Oil
17 days to optimized entry. In couple of days I will provide analysis again. The seasonality started trending in the middle of May and based on the historical patterns will finish in the middle of October. There are two corrections mid July and mid September. If there will be signal to enter I will enter in mid July.
There is no good correlation between spread and 5y, 10y, 15, 20y seasonal patterns but in last 15 years there were 100% winning trades.
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