After experiencing a more than 50% drop since October of 2022, Gas Oil has been slowly creeping up in the past few weeks. Although it is uncertain whether this is the bottom, I am inclined to take my chances with this trade based on its historical seasonality. Hence, this week, I intend to open a long Gas Oil and a long White Sugar calendar spread.
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My Plan to Open Long Gas Oil and Long White Sugar Calendar Spread
A writer and finance enthusiast who loves diving into the exciting world of stocks, commodities, forex, and crypto. I'm all about making the financial markets less intimidating and more accessible, so I write engaging content that simplifies complex concepts and shares practical investment strategies. Whether you're a seasoned investor or just getting started, I've got your back! But hey, life isn't all about work, right? On weekends, you'll find me hanging out and having a blast with my awesome friends and family. We love bonding over shared interests, trying out new adventures, and simply enjoying each other's company. Striking that balance between work and play is super important to me, because what's the point of success if you can't share it with the people you love? So, if you're up for some financial market insights and a good dose of weekend fun, stick around! Together, we'll navigate the money world and make the most of our time off. Let's learn, grow, and create memories along the way!