I'm looking for a minimum of 2.56 UGAZ on this run. Hopefully it goes much higher.

Gap at 3.396-3.469 on NG chart too. Interesting weeks ahead.

That would be insane right? 3.75 NG last July. Maybe hot weather and Carbon Tax credits and upcoming export of NG by year end/early next could be enough speculation to pop this baby.

HOLY CRAP. The Weekly chart is SEXY! 2.722 NG is a huge BREAK we need. It would break the 6 month down trendline and we could potentially pop to 3.18 which is the top resistance line. WOWWWWWWWWWWWWWW, if 3.18 breaks we could see 3.57 NG retracing to December 8th weekly. Just like Crude oil did.

Should be a pretty smooth ride after we pass 2.722. Naked candle up to 2.777, that would be my target for tomorrow.

2.01 support coming in. if 2.02 breaks we fly. large orders in at 2.02 to sell, we bust through that we are golden.

New HOD coming. wEEEEEEE

We need to bust through this and we are going to FLYYYYYYY 2.712 break baby.

Let's get that 2.50-2.60 gap closed , weeeeeeeeee $$$$$$$$ another 50 cents to go

looking good boys! 39,210 1.88's green and UWTI that i dumped at 3.57 is tanking, WIN WIN

Hoping we get the "W" recovery action And break 3.20 NG and head upward!

Awesome! And crude is down lol 2.00+ ugaz this week imo

Do you have any info on this legislation?
"The United States is on the verge of exporting its first major shipment of liquefied natural gas later this year or in early 2016, despite being a net importer of gas. That’s because it’s more profitable to sell gas offshore to foreign countries that need it than to sell domestically."

http://www.wallstreetdaily.com/2015/04/30/natural-gas-prices-futures/

Another article on that carbon tax and long natural gas case:
http://oilprice.com/Energy/Natural-Gas/Could-Natural-Gas-Dominate-Global-Transportation-Soon.html

Wow, maybe this will spark a rally to NG over 3.00 where it's suppose to be.

Wish I could, tapped out. 39,210 shares at 1.88 :)

1.77 bid support is excellent on level 2 right now. we move up after they load.

UGAZ much safer play. Oil looks like it wants to retest 54 WTI. UWTI is eroding right now, buy under Full STO under 20. UGAZ Full STO is 7 right now, that's super oversold, due to bounce and it's safe.

Heading to fill nakey at 54?

We going to green tomorrow 100%, side note: WTI is about to break the 4/hr trend line from 43 WTI. If that breaks , WTI will go to 54 and there will be a massive flood into Natural Gas imo

If the long term trend breaks, holy hell it's going to be a bumpy ride.

haha, and there it is. Lot's of gaps to fill upward. Fun ride ahead!

Could be both at some point lol. I'm thinking we hit 2.10-2.15 very quickly on UGAZ. There is a huge gap in the chart on NG at 2.745-2.776(30min timeframe). That's an easy 5% gain, 15% gain on UGAZ. There is a gap on the UGAZ chart at 2.50-2.60, so that's another one to look out for.

next stop 2.639

I wonder if it's going to cover up the nakey at 54.20?. 57.30 still uncovered. Interesting to watch.

Yea I'll be holding for 2.50+ UGAZ, too many gaps up there and Oil is plummeting, commodities traders will be moving to Natural Gas imo. Hell it could be the bottom for the year today. Lot of money to be made running this back up.

Wild ride , but the bottom is in it seems based on the quick recovery. WOO!

LOL, looks like a triple bottom over there and extremely oversold, could be a nice bounce play. Hell, everything is a dice roll now a days.

50 day MA broke. jeeeez. Wish me luck on the UGAZ guys. saved myself $9400 dumping all of this @ 3.57, phew.

I thought so too but apparently there are a lot of industrial grade air conditioners that use it in factories etc. At a very minimum UGAZ could hit those gaps at 2.50-2.60, that's quick coinage while WTI figures out if it wants to go to 58 or not to fill those nakies.

Hey DD, been noticing your posts dated back. What is your plan on UGAZ? Are you holding until Winter, selling on a rip? Curious to hear your thoughts. I came here looking for a gap fill around 2.50's but there is some major gaps much much higher.

I'm in Guys. UGAZ, 39,210 @1.88

f it i'm going balls deep in UGAZ, 39,210 @1.88

3.39 just printed, and 3.38

I'm right there with you man. i sold them all at 3.57, didn't feel right and with those nakies below and the 60.50 tanked , that was it for me. Made the right move, saved myself $4300.

Wow, there goes the 59.80. looks like 58's coming, jeez

Not looking good. arggg. 59.60's or fill at 58.60's or do we go to 57.32 to fill that naked.

I got stopped out. I hope we are not heading for the nakies below. arggg.

mhmmm. fill up the nakie and go.

1.9 Million draw, excellent. 61.13 WTI