When a commodity is in contango, is it a bullish or bearish market signal
Contango is a condition where the futures price of a commodity is above the expected spot price. It refers to a condition where the future spot price is below the current price, and people are willing to pay more for a commodity at some point in the future than the actual accepted price of the commodity.
A market that is in contango indicates that the forward or futures curve is upward sloping. It would set up an opportunity for investors to profit from arbitrage. If you want to start trading then you can start by yourself or you can take help of any advisory firm like KHELOMCX, BAZAARTRADING advisory firm, 100MCXTIPS. Generally, I prefer BAZAAR TRADING, from their advice I earn the bigger profit, they provide the best technical and fundamental analysis in stock trading and commodity from experts.
(Source: https://www.quora.com/When-a-commodity-is-in-contango-is-it-a-bullish-or-bearish-market-signal)
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