Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[Myself °¿°]

Summation: ...

*1) When /ng was up there!... /ngF7(Jan) & /ngG7(Feb) were in backwardation

*2) While /ng is down here!... /ngF7(Jan) & /ngG7(Feb) are back in contango

*3) Cash price rose to 3.760 while /ng closed @3.605
https://www.barchart.com/futures/quotes/NGY00/interactive-chart

Up!

I can see it in the pricing of the two but for visualization's sake...
http://www.geckoicapital.com/forward-curve
at the time of this post this^ shows yesterday morning's backwardation.
...if /ng stays down here! by the am... this chart will be contango
http://www.investing.com/commodities/natural-gas-contracts


The whackeyness of it all...
ugaz/dgaz roll from Jan to Feb is 20% complete http://www.velocitysharesetns.com/dgaz
I see a short-term trading range until this roll is complete if /ng doesn't break out to VERY new highs.

*3 annex) cash/spot price keeps chugging along

epiphany moment:
took place during my 45 min drive home after having my studded tires mounted.
3 day forecast for Thursday's melt-rain turned to snow and I barely made it off the hill after the last 2 snows of 5" accumulation, to get these tires done...
see: I live out in the sticks and its a drive to take care of things. TDA TOS allows me to make drawings on my charts and attach drawing alerts to them, if the price reaches the drawing line a push is sent to my phone via text... alerting me where /ng is...

Yes I wanted to stay home and short the crap out of it. But I had to take care of my traction so I can get back up my hill...

3hr wait in line for tires, I went about other business, bills, groceries, looking for another internet provider (Exede SUCKS)... etc
all the while I'm getting drawing alert texts....
and I thought, what if all of the bullet point above came into play. The perfect storm!
I looked at it all when I came home... watched the Vikings and wrote this post during the Vikings repete.

Kinda punchy after this hectic day... I hope I wrote what I meant without editing... tired
g-night
GlTrading /ng I am beginning to hate it... too much thought involved...
or not enough patience holding a trade