Replies to post #31605 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Tony888]

I think this calendar spread rollover will be done by this week.
Next week USO will start rolling their April contracts into May contracts so more selling pressure next week and also the spreads will naturally starting to narrow as time passes. I expect WTI April contracts to breach $30 by next Thursday.


When does UWTI start to roll? USO roll is March 7-11
http://www.unitedstatescommodityfunds.com/fund-details.php?fund=uso&pagetype=roll-dates&page=fund-details