As traders dump the March contracts, wouldn't the APRIL contract get a huge bounce as March traders plow their funds into APRIL, especially considering that Spring is NOT right around the corner?
We'll have a high-demand March due to abnormally cold weather with a brief warmup for about 2 days, but no substantial warmup in sight per meteorologists.
I understand contract rollovers into April have probably propped up April contract prices relative to the March contracts, but logic would dictate more inflow to April.
Maybe an April (UNG) spike will happen as today progresses.
Nope, not stupid. Would you like to justify your claims for arrogance with a reasoned argument instead?