Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[wz9ytp]

See? Yall all over the place, just like market sentiment right now. This is what I woke to this morning:



I tweeted the weatherman that ran this model, he's expecting a gap down on NG at open, just toooo warm next two weeks and thi above map is far far off, so quite unpredictable. 60-40 in favor of down as far as I'm concerned, but if inventory draw is even close to 200 on Thursday we go wayyyyy down. How low? 3.10$ maybe more unless the weather changes... $5 Dgaz? Couple of weeks to a month maybe.

Watch Gold at open tonight though. I expect a major gapper, $1220 not out of the picture. Theresa May over in England just shot her mouth off and GBPUSD is dropping like a lead zeppelin. NUGT to $11 and above (GDX was downgraded last Tuesday, thus NUGT and JNUG disconnect to Gold...)

Ciao, dudes! Catch y'all at open!