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TFC Commodity Trading Forum

NG today *PIC*

As expected there is some price weakness today as extractions to be reported tomorrow are going to be somewhat below the 5 year average. I see it as a short-term buying opportunity since next week's number s will be higher than average and the week after that much higher. Latest GFS ensemble forecast for NYC. Surface temperatures. 9-18F below normal for the 21-26th, then 4-5F below normal 27-Feb 1 and beyond. No sign of a warm up except for a brief bump-up on the 20th when a low passes well to the north and the flow briefly shifts to the southwest.

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NG today *PIC*
Re: NG today