Monday, October 26, 2020

Natural Gas: Tropical Storm Zeta To Become A Hurricane, -29.2°F (-34°C) Low Temperature In Montana

 No need for much commentary at this stage. First up, the National Hurricane Center:

cone graphic

And from the National Weather Service, Missoula MT, Oct. 25:

And finally, via FinViz a slightly deceptive but directionally accurate price pic:

They have already rolled forward to the December contract so a big chunk of what is showing as price increase in that last gap and price candle is the contango.

November contract 3.031 +0.060

December contract 3.259 +0.064