Welcome to another record edition of Natural Gas Daily!
Natural gas prices are finally reacting to the bullish weekend forecast 10-15 days out.
Source: HFIRweather.com
Both ECMWF-EPS and GFS-ENS are trending more bullish now in the 10-15 day range, with GFS-ENS, once again, leading the charge on the cold front.
Another major weather model divergence has occurred, which the market is currently taking with stride. The GFS-ENS has been quite volatile as of late, with ECMWF-EPS remaining stable throughout the week. We saw GFS-ENS whipsaw last weekend resulting in a gap lower, which also pushed