VERY warm weather. There has been no demand whatsoever. I don't know where you live but it's not a function of cold weather per se but area. Meaning that it could be the coldest winter ever in NY or Boston or Chicago but that does not affect overall demand, you need to look at the entire country. Put another way, it would be more bullish for the entire country to be at 50 degrees then just the northeast to be at -50.
Everyone was long nothing more nothing less. When the twtr gurus are long and the retail guys are long and the mailman is long. Only one thing it can do....
Hmm. Next time I'm on my trading machine I'll post some comparison charts. If memory serves NG has been a dog comparatively over the past 18 months or so.
Doesn't do it for me. Will have to check the charts that I recognize. Granted, I stopped looking at NG since the summer. To be continued...