Interestingly enough that the first futures contract opened a few days before ATH 0.55% and is closing at a yearly low.
HOW CONVENIENT FOR THEM.
Basing price action off of this and looking at charts. One would assume that we see a small bounce here only to trend back down for the contracts to close at the end of July. Monthly chart seems like it will be ready to uptrend around end of July so this matched up perfectly with futures . Then uptrend through August and September to close those 2 contracts at highs.
There's a new contract just added that opened today July 2nd. I'll update that one when I have time.
HOW CONVENIENT FOR THEM.
Basing price action off of this and looking at charts. One would assume that we see a small bounce here only to trend back down for the contracts to close at the end of July. Monthly chart seems like it will be ready to uptrend around end of July so this matched up perfectly with futures . Then uptrend through August and September to close those 2 contracts at highs.
There's a new contract just added that opened today July 2nd. I'll update that one when I have time.