The market sentiment now is much more nervous.
People don't like to take any position before Christmas. Most people are thinking prices will be sustained at this level for the time being.
In that case, we'll be in the winter season already. If temperatures in winter time are lower than forecast, then that should be a big problem.
People are just waiting for a chance to buy ahead of Christmas. At the US$58 level, it's a good time to buy back.