UnknownUnicorn103267

Natural Gas weakness compared to spreads

Short
FX:NGAS   Natural Gas (Henry Hub)
Natural Gas in seasonally slightly bearish, the dec16-dec17 spread is showing a lot of weakness compared to the spot price. I'm short from around 2.9 looking for 2.75 and we'll see from there.
Comment:
The Dec17-dec18 spread has me worried cause it is not showing the same weakness, but it is not liquid and maybe me just following the spot price due to market makers.
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