A quick look at what the MRT17W/JUL17WMAZ spread has done since the last update: The spread opened a good R343 over the past 2 weeks as the March contract rallied and impressive R413 whilst its July spread partner lacked behind, only rallying R70. Spread resistance on the chart seems to be around the -R800/R850 mark (July less March) whilst support could be around -R1200 or even –R1300 mark
MRT17W/JUL17WMAZ spread
on 23 August , 2016
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