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You might take a look at the following............
Put a spread chart below the most active month.
Possible sell signals are alerted when new highs in the front month are
coincident with a divergence in the spread(new highs in the spread are not
achieved).
Possible buy signals are alerted when new lows in the front month are
coincident with a divergence in the spread going to a new low.
Tom Stein
comfut@xxxxxxx
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