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Replies to #5363 on 3rd Leg Trading

Myself °¿°

10/24/17 8:35 AM

#5366 RE: Myself °¿° #5363

ugh~ /ng & z7 vs Cash$ momentum reset. edit...
Cash$ +.17 @2.94
/ngx7 momentum reset "Penny over Cash" =
@2.95 today

contango is all over the board but last calced
3.136 /ngZ7 2.973 - /ngX7 = 0.163 + 2.95 =
DEC Z @3.113 momentum reset
exactly where my short started

This is where I'm supposed to trade out of my short and go long
I'm wrestling with this...
Not sure if it's stubbornness for the south trade
or all the contango and the possibility of capturing it down to Cash$ tomorrow if Cash$ is falling today
edit... of note: /ngV7 October expired @2.97