Natural gas futures held steady in early trading Tuesday as the market mulled a mixed forecast outlook for late November into early December.

NGI Morning Natural Gas Price & Markets Coverage

After locking in day/day losses the past three sessions, the December Nymex contract was unchanged at $2.882 as of 8:46 a.m. ET.

Weather data overnight continued a recent stretch of “wild swings,” this time featuring a 12 heating degree day (HDD) increase from the American model that erased a 9 HDD warmer adjustment observed in a prior run Monday, NatGasWeather said.

The European model, meanwhile, was “little changed” overnight, and both datasets continued to advertise a “cold enough” pattern for later this week through Dec. 2, albeit with temperatures projected to be “too warm before and after,” according to the...