Nat Gas Pre-Open Idea: 2/23/24

The Us models trended 9 HDD warmer while the Euro trended a whopping 18 HDD warmer. Weather models have trended perfectly for the new week and roll over set up. Expecting a sizable gap lower today, with models losing double digit GWDD for the 15 day period. Roll over Tuesday afternoon, HH Spot below $4 again and heading lower today. Looking as planned. Production has bounced back up nicely from after a week of frozen ground. Although the only bullish catalyst is LNG production is above 16 BCF/d for the third straight day. Idea will be post after opening tonight. No change on an ideas that I have posted from the past week.