Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[THREE-DAY-TRADER]

Not me this time. DGAZ will drop far more than 2.78 yet & situation is different than the pullback last week on nat gas. UGAZ is on verge of major movement upward between now And December or maybe January. Winter just started & nat gas can get 'legs to run' huge yet. I'd have to see a lot more advancement yet on nat gas in this environment before thinking of DGAZ. At some point I will consider DGAZ in weeks to come, but not until we are at much more oversold levels on DGAZ.
We just came off of new higher support levels with huge demand for nat gas setting in. Don't underestimate this upcoming run on it