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VIX rigged "Proof"
Where is the Sec when there is clear evidence this whole market is rigged against the ordinary investor
https://www.zerohedge.com/news/2017-05-25/another-rigged-market-scientific-study-finds-systemic-vix-auction-manipulation
These crooks catch people on the wrong side of the R/s.When this splits you will not make your money back if you choose to keep your shares pre RS. Remember every move down is down by a factor of 10 post split.
We stand on the edge of winter and they are giving NG away
This is total B$!!!!!!!
RS here we come!!!!!!!
Next week Celsius has written
"I am projecting a -11 BCF weekly withdrawal. Such a draw would be an enormous 58 BCF bearish versus the 5-year average -69 BCF draw and 32 BCF smaller than last year".
This could send UGAZ back down into the high 7's
Take a look at the price of UGAZ on the 10th Nov and compare that to the price of NG on the same day. The scammers running this stock are driving the price down for a R/S. We should be in the $11 range according to the data
I have chased this commodity all year and still its makes no sense. I firmly believe this is typically manipulated by the hedge funds /Banks. NG does not move on Fundamentals anymore we live in a World of Algos and blatant price fixing. High Velocity EFT's on the other-hand are a legal scam. They are designed to decay in such a fashion, that most if not all who invest in them will get caught in the Honey trap and will lose money along the way. What other product has so many R/S, designed into them so that the inexperienced investor never recovers their monies if they get caught on the wrong side of the R/S. It is no wonder there are so many complaints filed with SEC about these products.
6am -8am Eastern markets plus your European markets are open.
Could also be the American Hedge funds setting some premarket bets
Wow something is brewing with UGAZ ,over 15 million shares traded against an average of 9m
natural gas is now trading at a large 9% undervaluation based on estimated current inventories alone and, thanks to ongoing market tightness, this undervaluation grows to average over 10% over the next 8 months for which long-term storage projections are available. However, thanks to further cooling in the 1-2 week forecast over the weekend, natural gas is likely to come under early-week pressure, dropping the commodity even further below its Fair Price and offering a potential long-term buying opportunity.
How does this make any sense when you read articles like this !!!!!
https://seekingalpha.com/article/4092127-natural-gas-4-reasons-scale-buyer
This has to be one of the ugliest days in NG
Sorry I meant $2.8. Hope I am wrong on this .But the Manipulation that's currently taking place just points to an RS. If as you say we don't get into that territory, then we all stand a good chance of making some money on the run up to winter. But History shows that when these ETF,s go into single figures a RS follows. All I hope is in the next few weeks UGAZ can stay away from a sub $10 area.
Theory 3
NG continues down below $3.8 and stays there long enough for a UGAZ 1:2 RS, which Historically happens around September
Question to the group!!!!
Has anyone given any thought to what happens to the Millions of $'s every time they run a reverse split on one of these ETF's. The last time this happened to JUNG the fund was valued at $820 million of which $600million suddenly disappeared . After all if they reduce the number of shares to a quarter of the original size then you should expect JUNG to move 4 times as fast in the market post split.But we all know that does not happen-they simply go about running it back down ready for the next R/S. SO where has all that money gone?
Answers on a post card to the thieves that run these scams
CAN SOMEONE EXPLAIN Why you would short this down this far Knowing that the fundamentals all point north. Power burn over 40BCF a day, August Temps are looking hot. Extreme Bullish reports on Injection season . Tight Storage reports. Nothing adds up!!!
WOW!!!! I just got back from work to see this thing has fallen over .After the the most Bullish of reports. What the Hell is going on with NG.
Am I correct in SEPT contracts being in Backwardation
http://www.cmegroup.com/trading/energy/natural-gas/natural-gas_quotes_globex_options.html?optionExpiration=U7
ALPHA REPORTS
Natural gas traders we talked to are selling their long positions into this rally today. Most of them have sold most of their gross long exposure with some opting to hold just a little bit left. The rally they mostly contended got to the price target they were looking for and with September and October rallying simultaneously, spread trades and short-vol are the next area to focus on.
Sept contracts for NG are in Backwardation. What does that mean going forward?
Looks like the whole country is baking according to this
http://www.natgasweather.com/
Derek with all respect.I wouldn't want to be stuck in a lift( Elevator) with you. I would probably end up topping myself
Herbster throw me a life jacket or else I'm going to drown.
I'm praying this thing turns around before the blood suckers step in and announce the dreaded R/S
Oil is down over a dollar NG is suffering alongside!!
This thing is a car crash for those of us who bought in the high 13's
MM's sucker everyone in pre market then short it down just before close. TYPICAL MANIPULATION !!!!!. NG is a Day trade and nothing more
what broker allows pre market trades?
Typical shorts playing their games
May 26th NG = $3.21 and UGAZ =$19.3 but we could be nearer $18 with decay
Another great Scalp for Surehands
EIA reports increase of just 46 BCF very bullish report
True but it looks as though the price is going to bump along with a few ups and downs on the way!!!! AS I write this we just had a big uptick
Good advice . The price today is typically down and the support looks thin. Unlike Oil this cannot keep up for more than a few days. Today's report will clearly set the scene.
Talk about playing games,did you see the run up from 3.05 to 3.08 and then back down to 3.05 all within an hour.
Can you believe how the Oil price is taking off on the back of no reduction in production or storage. What a sham !!!
WOW if this holds true get ready !!!!!
What are the traders saying?
July and August contracts (UNG) are both up more than 1% today trading at $2.93/MMBtu and $2.95/MMBtu. The move higher, according to some traders we spoke to, was more of a knee-jerk reaction to the dismal price action we saw yesterday.
"Nothing really changed on the fundamental front, but prices are moving higher today as I think the shorts are over exerting themselves."
From the CFTC position disclosure last Friday, we know the shorts are starting to pile back into the market in a very meaningful way. Traders initially thought the drop in price was due to longs liquidating, when in fact, it was driven by the short-sellers.
"These guys are really doing all of us a favor here. When they drive prices lower like this, (power) burn increases, and storage falls. They will have to cover eventually as the fundamentals get too tight, and prices rise. It's just a matter of time."
Here's hoping you don't get a reentry for DGAZ . In other words Im hoping UGAZ will continue up and you will not see an opportunity in DGAz until December
Oil is Down and there is no real big news on the weather front . So!! is today's move a sign that the longs are coming into the market,knowing perhaps there is only a few weeks before the market price historically turns around?
This could have a knock on affect for NG
OPEC not keeping to agreement
http://www.opec.org/opec_web/static_files_project/media/downloads/publications/MOMR%20June%202017.pdf