Have not sent a Weekly for two weeks due to the markets decision to trade in a fairly consistent range and that continues at the current writing. I wanted to share with the thoughts and history of a trader who provides me access to some of his thoughts during the year. I can promote and endorse his historical analysis as he has been tracking it since the gas market started trading in the early 1990’s,,,,
…each year at this time I write a review of what I came to call the January Phenomenon…because of its consistency and disproportional importance compared to the other eleven calendar months. The following is not a lot different from the twenty five or so that it follows.