Falcon + 222 SK May 23, 2019 (1) As you know there is a tight correlation btw S&P 500 and WTI. I think as traders start to realize World Supply is increasing and US rig count is meaningless the funds will take of the algorithms correlation will start to breakdown and spread will widen. Play the divergence of correlation. (2) As the year proceeds supply increases (Not Just US) and US steadily increases exports. "REAL" price competition will show up in market and the WTI vs BRENT price will tighten. Play this convergence of spread. Quote Share this post Link to post Share on other sites
Falcon + 222 SK May 23, 2019 (edited) OilPrice MONITOR. I posted this on the TRADING blog. Somehow it ended up on OIL GENERAL. Can you move back to TRADING BLOG Thanks Edited May 23, 2019 by Falcon Quote Share this post Link to post Share on other sites
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