What I foresee is the inverse getting stroger slowly as yesterday's bullish run wears out this morning. (This was a hint for day trader.)
Longer term (Next Week) - NG April contract (Futures) are priced in near term bullish withdrawals for next 2 weeks. I do not foresee a big weather change over the weekend but it is vulerable to any change to be bearish. Hence, it has more chance to be bearish then bullish. I'd say start accumulating inverse at this point. I wouldn't recommend more than 25%. Still need to wait another week to see direction but I would not bother "ALL-IN" in any direction at this point. GLTY!
According to NOAA / Weather dot gov website, 6-10 outlooks showed that production region will be warmer than normal and northeast will be colder. Pretty much mid section of US is warmer while cost area is colder. Which means, colder front will gradually wear out through out the week. 8 - 14 days outlook predicts colder air moving from west to east. Even the information is mixed. Hence, there is no really a direction. What the trading will base is if current price is "Premium" or "Discount". We all know what current price represent! I don't bother to write it as it is obvious. hahaha. GLTY!