Yeah, about that. Front futures are down again:
That makes six days in a row. $2.587, down 0.034 last.
I'll tell you what's going to kill you. Trading is going to kill you.
Here's some insight:
Extended Temp Forecast from NOAA's Climate Prediction Center:
This page displays seasonal climate anomalies from the NCEP coupled forecast system model version 2 (CFSv2). Forecasts are from initial conditions of the last 30 days, with 4 runs from each day. Forecast ensembles consist of 40 members from initial a period of 10 days. The 1st ensemble (E1) is from the earliest 10 days, the 2nd ensemble (E2) from the second earliest 10 days, and 3rd ensemble (E3) from the latest 10 days. Aomalies are with respect to 1999-2010 hindcast climatology. Temporal correlations between hindcasts and observations are used as skill mask for spatial anomalies. Standard deviation to normalize anomalies is the average standard deviation of individual hindcast members. For SSTs, anomalies with respect to 1982-2010 climatology are available here.
CAUTION: Seasonal climate anomalies shown here are not the official NCEP seasonal forecast outlooks. The NCEP seasonal forecast outlooks can be found at CPC website. Model based seasonal climate anomalies are one factor based on which NCEP seasonal forecast outlook is issued.
