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Bearish Weather Forecast Could Test Natural Gas Bulls Next Week

Bearish Weather Forecast Could Test Natural Gas Bulls Next Week

On October 25, natural gas’s implied volatility was 42.1%, which was ~8.2% above its 15-day moving average. In the trailing week, natural gas’s implied volatility rose 2.4%. Natural gas December futures rose 0.2% during the same period. Since June, these two metrics have been moving in tandem.