Sunday Setup
Sunday Setup: heat holds, tape lags
Bias: Mildly bullishModels agreement: Mixed
Change: Little change since Friday - GEFS still very hot, EPS hot but softer; mid-August tails ease with CFSv2
Natural gas has edged higher in recent sessions, but not enough to fully fill Sunday’s gap lower. Thursday’s storage print was supportive - 28B vs 37B expected - yet the market has only partially followed through.
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