Short Bias Active Since May, Watching for Exhaustion SignalsCLU2026-CLZ2026NYMEX:CLU2026-NYMEX:CLZ2026NovaQuantXOn the CLU2026–CLZ2026 spread, prices have now returned to the same levels seen earlier this year, after the strong expansion phase and the subsequent correction. Using Nova Flow Free, the short bias has been active since the last days of May, aligning with the broader contraction phase visible on the chart. The invite‑only advanced version of the system continues to maintain a short bias as well, while in Reactive mode the first green points have started to appear — a typical early sign of potential trend exhaustion. If this structure is confirmed, a new upward reversal could develop, especially for long‑term traders working with higher timeframes such as 4H. For now, the spread remains in a contraction environment, with short pressure still present but gradually weakening. Monitoring the next confirmations will be key to understanding whether a new bullish leg can emerge.