Is there still a need to take spot goods?

Tut should blow up some of the high-following long positions. It has been hovering around 65-67 for a while, attracting some people. But it's hard to say how far it can go; those long positions may also cut their losses. Moreover, in this kind of market, the market makers have no need to sell; they can just keep harvesting liquidity. So as long as someone is playing, there will be liquidity. They will draw lines to trap you, regardless of whether it's long or short.