What can one assess if the Future price of the current month is higher than the future price of the mid month?

F&O
1

Hi,

Can some tell me what one can infer in the following cases:

  1. Current month fut price greater than mid month which is greater late month eg: Jan Fut> Feb Fut> Mar fut

  2. Feb Fut> Jan Fut>Mar Fut (i.e Mid month future price is highest and far month future lowest)

Thanks!