Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Sgreg]

Good post, agree.

From what I have seen the US market was the one that moved nat gas up primarily so I guess the sell off starting Sunday night makes sense to me because US market was not really opened. That would be my guess as to why it started Sunday. I had seen nat gas try to sell off many days before but starting around a couple of hours before US market would open there would be green candles and all dips would get bought up and nat gas would continue on its run. Part of the reason I bought DGAZ late last week because I knew US market would be closed Monday and that would give a chance for nat gas to finally sell off.