Noon update of the GFS is looking pretty cold for the entire eastern half of the country starting this weekend all the way through the 11-15 day period. This should be quite supportive of cash and probably be the catalyst to finally get us through that pesky 7.33 resistance area. My next major tech levels over 7.33 is $8.00.
12Z GFS today has the northeast around 8 under 10 yr avg for the next couple of weeks, while on fri, it was about 3-4 degrees under. Do a few degrees really make that much of a difference? I trade cash power mostly intraday ; trying to get a grasp on whats pushing term, thats why I ask.
red jan i believe notes jan of 09? i know a green is 11, so possibly red 8 is 2010. Im sure og or papa will know