If you intend to short, short August . If you intend to long, go for Jul contract.
Here is the August contract, it is breaking down !
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This blog website represents my daily trading positions and thoughts on how I trade the futures and commodity and allows others to view and understand the Importance of Being a "Honest" Trader.
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Weblog Disclaimer: The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product or stocks referred to herein. The Author may from time to time has an interest or position in the futures products mentioned. There is a risk of loss in trading futures & derivatives like products.
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