What changed
IN ~8 HOURS GLOBEX FUTURES RESUME TRADING AND WE ARE SURELY ONE WEEK CLOSER TO THIS SCENARIO 👇🏻
IT’S A NORMAL MORNING AT A GIANT OIL REFINERY ON THE US GULF COAST.
THE OPS TEAM CHECKS THE TANKS AND THOSE ARE NOW DANGEROUSLY CLOSE TO HITTING “TANK BOTTOMS”: THE SCARY LOW POINT WHERE THE WHOLE REFINERY COULD SHUT DOWN ANY MINUTE. RESTARTING WOULD COST MILLIONS AND TAKE DAYS.
PANIC TIME.
THE TRADERS GRAB THEIR PHONES AND JUMP INTO THE SPOT MARKET. THEY NEED PHYSICAL BARRELS RIGHT NOW.
THEY STA