Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[wz9ytp]

$3.124 is a decent support level as it's where several trend lines intersect on the natgas continuous chart. $3.124 gives us UGAZ at 16.03. I doubt it goes much lower, important support at $3.07 (15.30ish UGAZ). But at this time of year many will be buying at these levels. Good part is that thia is not September, you'll only have a couple of weeks to wait to regain your $19-20.

NatGas is the wildest commodity to trade. Huge spikes, huge drops, and you just never know. Luckily, it's this time of year. You'll be ok. Won't sleep for a couple of nights but you'll be fine.

Minimum of $22 by June 15. Mark this post.