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aptht
Jan 6, 2024 3:07 PM
SPX expectation
Short
SP:SPX
1D
S&P 500
SP
Description
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Jan 6, 2024 3:07 PM
The S&P market expectation, in my view, is a dangerous structure. The S&P spot price fell this week, while the settlement price of S&P 2403-2406 rose instead, the curve is more backwardation, indicating that the remote expectations are poor.
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