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Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E Sr MedTrm Nt
Over the last few weeks, we have seen sustained upside in the price of crude oil with the NYMEX futures contract rallying by over 10% in the last month. As I have previously argued, I believe that what we are seeing is the green shoots of a rally which could reach 50% or more over the next year. I believe that we are witnessing a significant fundamental shift in crude oil and that we have several more months of positive upside ahead. Further, I believe that this is unnoticed and unobserved by traders and