Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[dude iligence]

NG is always a tug of war, right now its start of shoulder season. We expect NG to drop, but the reports are telling us demand has increased this yr relative to supply vs last yr and 5 yr average. But we still want to see that big dip we are use to this time of year so we can load up for the Its Gonna Be A Long Cold Winter. We just saw the effects of Contango, Contract roll over the last few days as it knocked NG right back down to $2.94 bounced back up and now it struggling at $3. When I look at the charts I think NG needs to take a quick dump down to the bottom of the trend line so we can all load up long before the winter cold arrives. This would make everyone happy. Until that happens I won't take a bigger long position other than one or two day trades.