Recently, the situation where spot prices are higher than futures prices (spot premium) has become increasingly obvious. This indicates that the U.S. market has been continuously buying spot recently.
This inconsistency in the price trends of futures and spot should be taken particularly seriously. It may indicate that there will be opportunities for a rapid price rebound (violent bounce) in the future.
The timing of the rebound is likely to occur when some good news comes out, at which point opportunities to intervene can be sought.
