Contract Value – This is futures price (x) Open Interest and shows the importance of the “Money”. Total Value of gas futures is $55,000,000,000, so a $1 move on futures has gain or loss of $386,636,000, in the highs of 2008 a $1 move had a gain or loss of $275,372,000. Just because the futures charts are below the highs all-time-highs, doesn’t mean that much. Since the lows in 2008 the gains and losses has been 10 fold.
The third dimension is the depth of the chart which isn't visible in a two dimensional chart. As 3-D programs evolve, it would be interesting to see this chart from all sides...
View all the Unleaded records at: http://www.cotlive.com/COT/commodities/hu1.htm
COTLive site has been updated with the new charts and data using the CFTC Commitment of Traders report. This breaks-down the Long & Short; Funds, Commercials, Index Funds, Money Managers (CTA).
This website also provides Daily and Weekly Charts, Past few years annual swings and much more. This is done of 43 different commodity markets, view update or your select markets now. Go to Main Reports now!
Small Clip of one chart below.
