MCX Gold and Copper Tips For Today ~ MCX Commodity Trading Tips - 0 views
-
sharetipsguru on 19 Feb 15An inter-commodity spread is taking an advantage from the price behavior of two different commodity futures with a same expiry date. Means going long on one commodity future and short in other commodity future. The spread between Lead & Aluminum 27th Feb 2015 expiry futures contracts is hovering in the range of 4.9 to -1.90 levels for the last 60 days. Currently the spread difference is at -1.60 levels and that is expected to become 0.30 in short-term. In current scenario one can take the advantage of the price movement and initiate short position in lead and long position in aluminum at the current market price.