“Buy the Rumor, Sell the News” – Naty Gas Feb23 Futures

Winter intensifying in Europe as polar vortex temperatures are already -20C below average.

More broadly, rapid warming in the stratosphere. Sudden stratospheric warming usually leads to 30-60 days of cold across the Northern Hemisphere.

Zonal winds appear primed to unwind from the stratosphere, top-down.

With that in mind, check out the dropping prices.

“Target-rich environment”?

February 2023 NG Contract

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