Hi CeeJay,
Thanks for the weather update !!!!
I guess I have "mixed emotions" on most of this at the moment.
Ng has fallen off from 3 ish to the 2.7 area ....I see no reason for it not to decline further ... I think they are still "fiddling" with production and storage and given the relatively "low builds" of recent weeks wouldn't a build approaching the 5 year average be "pretty bearish" ???
With "Helene", unless it really builds and roars N NE with a vengeance, I don't see it as much of an issue.
The next one is pretty far off at the moment.
So, with Ng (and same with Corn) all I know how to do is "follow along" and if a "tradable" situation develops, make a decision and go with it if it makes sense !!!
When the early storage "guesstimates" start coming out tomorrow maybe the picture will clear up a bit !!!!
Happy trading !!!
Thanks, Lee